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Crusoe abandons $1.25 billion plan, will no longer use Boom Supersonic turbines to build AI data centers.
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U.S. diesel prices are nearing the record high of $6.50, with the White House weighing a tax holiday and easing "red diesel" regulations, while an export ban remains under evaluation.
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The White House stated that the US and China agreed to establish an AI "communication channel" following the summit.
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