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Trump retains strong support among base, but challengers emerge at CPAC conference
CPAC dominated by Trump and supporters, but DeSantis also popular; unclear if Trump's appeal extends beyond loyalists.
The annual Conservative Political Action Conference (CPAC) was held this weekend in Washington, where former President Donald Trump, his family, and supporters dominated the event. Attendees wore "Make America Great Again" stickers, purchased Trump hats and shirts, and even posed for pictures next to a mock Oval Office. Trump gave a speech at the conference, where he spoke of completing the mission and finishing what he started. Many speakers at the event talked about themes close to Florida Governor Ron DeSantis, who is considered a potential presidential candidate. DeSantis, who did not attend CPAC, has been busy building his national profile and meeting with potential campaign donors. While the event was heavily weighted towards Trump, several Republican figures also spoke at the conference, including Haley and Pompeo. Trump's supporters at the conference chanted "Four more years!" and, in a straw poll, 62% of attendees said they intend to vote for him in the next election. However, while Trump's influence over the Republican Party's grassroots base is apparent, it remains unclear whether his appeal extends beyond his loyalists. Many polls suggest that many Republicans are seeking an alternative candidate, such as Ron DeSantis.
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POLITICO — ChatGPT broke the EU plan to regulate AI
The development of OpenAI's ChatGPT has prompted the European Union to re-evaluate its draft artificial intelligence rulebook. The large language model has no single intended use, so regulators are struggling to regulate its potential to create harmful and misleading content. The EU Council and European Parliament have proposed to put AI systems generating complex texts without human oversight on the "high-risk" list. ChatGPT itself agrees and says that it may need regulating.
Florida-based GQG Partners has invested in four companies within the Adani Group, marking the first major investment since short-seller Hindenburg Research accused the Indian conglomerate of financial fraud and stock market manipulation. The allegations led to around $135bn being wiped off the value of Adani's seven publicly-listed companies. Adani Group has denied the accusations. The GQG investment will be split between Adani Enterprises, and three other firms. India's Supreme Court has appointed an independent panel to investigate the allegations.
Reuters — Analysis: Foxconn races to become an EV player and the clock is ticking
Foxconn is seeking to establish itself in the electric vehicle (EV) industry by offering white-label EVs tailored to individual clients. The Taiwanese firm is looking to secure a significant contract to prove its capability in the sector and is developing a supply chain that includes chips and batteries, while having acquired a former General Motors plant in Ohio. It is counting on its Mobility in Harmony EV platform to win customers and is targeting 5% of the global EV market and $33bn in revenue from manufacturing EVs and components by 2025, with a longer-term goal of making almost half the world's EVs.
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