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Trinidad and Tobago signs agreements with US companies that pave the way for data centers

PORT-OF-SPAIN, Trinidad (AP) — Trinidad and Tobago has signed agreements paving the way for U.S. companies to begin groundwork for installing large data centers in the Caribbean nation, sparking concerns about potential energy consumption and environmental impacts. The memorandums of understanding with the Florida-headquartered Hummingbird AI Holdings and New York-based Ernst and Young LLP were signed on Friday, according to a statement from the office of Trinidad and Tobago’s Prime Minister Kamla Persad-Bissessar. These are the first such agreements with a Caribbean country. The ...

Hundreds of economists say ‘we must act now’ on AI’s economic impact and job displacement

SAN FRANCISCO (AP) — Hundreds of economists say in an open letter that institutions “must act now” to address how artificial intelligence could transform the economy and could put many people out of work. The statement released Monday was signed by top economists, along with computer scientists and some executives at tech companies including Anthropic, Google and OpenAI. “AI may become radically more powerful over the next 10 years,” says the letter organized by Stanford University’s digital economy lab. “This could drive an unprecedented transformation of our economy, ...

Trump says US will blockade Iran in the Strait of Hormuz and charge ships for safe passage

DUBAI, United Arab Emirates (AP) — U.S. President Donald Trump said Monday that the United States is “reinstating” a blockade on Iran in the Strait of Hormuz and, in a seeming policy reversal, will charge other ships for safe passage. Iran has insisted it controls the critical waterway, as another exchange of fire threatened a return to all-out war. The U.S. had until now said the strait should remain open to all without tolls, as it was before the U.S. and Israel attacked Iran on Feb. 28. Any attempt by the U.S. or Iran to charge fees would violate global norms on freedom of ...