The firms are catching up with early movers that have recently been logging record premiums
Oil prices, which settled at a three-month low overnight, reflected the cautious stance, with Brent crude futures up 51 cents, or 0.6 per cent, at US$83.74 a barrel.
The company is eliminating just under 1% of its workforce
After realising the power of frontier AI models, the US administration has shifted away from an initial hands-off posture, says this academic.
