Bank of America has extended a US$520 million credit line to OpenAI, its first loan to the AI company that is preparing for an initial public offering, a person familiar with the matter told Reuters on Wednesday.
Alberta’s pitch to the major projects office for a new oil pipeline to the West Coast is being billed as a public-private partnership, though its current structure skews almost entirely toward the public end of the spectrum.
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U.S. President Donald Trump reiterated on Wednesday his desire to impose a trade embargo on Spain, ordering Treasury Secretary Scott Bessent to “cut off all trade... including visits” with the country, amid tensions over defence spending.
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