Economy

Tariff Crisis  Trump's Tariff Policy
States Expected to Sue Trump for New Tariffs: Bypassing HD

New York Attorney General Letitia James and attorneys general in 23 other states are expected to sue the Trump administration to stop the new global tariffs, writes CNBC.

- After the Supreme Court rejected his first attempt to impose extensive tariffs, the president is causing more economic chaos and expects Americans to pay the bill, James said in a statement to CNBC.

Last month, the Supreme Court invalidated most of Trump's "Liberation Day" tariffs. The president responded by imposing new tariffs via another law from 1974.

Open AI's future
Open AI's revenue reaches $25 billion

Open AI's annual revenue reached $25 billion last month, sources told The Information. That's an increase of 17 percent from the end of last year.

The company's goal is revenue of $600 billion by 2030.

At the same time, rival Anthropic is catching up with its $19 billion in revenue.

r Letitia James and attorney generals in 23 other states are expected to sue the Trump administration to stop the new global tariffs, writes CNBC.

– After the Supreme Court rejected his first attempt to impose sweeping tariffs, the president is causing more economic chaos and expecting Americans to pay the bill, James said in a statement to CNBC.

The Supreme Court last month invalidated most of Trump’s “Liberation Day” tariffs. The president responded by imposing new tariffs via another 1974 law.

European tech addiction
EQT candidate to manage new EU technology fund

EQT has been selected as one of the candidates to manage a new EU fund focusing on quantum computers, AI and other so-called deep tech areas. Bloomberg reports, citing sources.

In April, the EU is expected to appoint an external manager for the planned Scaleup Europe Fund, which will initially amount to 5 billion euros. In addition to EQT, the selected companies include Northzone, France’s Eurazeo, and Britain’s Atomico and Vitruvian Partners.