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Trump moves to blacklist Anthropic AI from all government work AxiosTrump orders government to stop using Anthropic in battle over AI use BBCOpenAI strikes deal with Pentagon to use tech in ‘classified network' Al JazeeraDonald Trump goes nuclear on Anthropic The EconomistSilicon Valley Rall
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WBD employees fear potential job cuts, culture clashes and high debt loads as Paramount supplants Netflix as the company's acquirer.
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OpenAI strikes deal with Pentagon, hours after rival Anthropic was blacklisted by Trump CNBCOpenAI strikes deal with Pentagon hours after Trump admin bans Anthropic CNNOpenAI Reaches A.I. Agreement With Defense Dept. After Anthropic Clash - The New York Times The New York TimesOpenAI strikes deal with Pentagon after Trump orders government to stop using Anthropic NBC News
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Pentagon approves OpenAI safety red lines after dumping Anthropic AxiosOpenAI reaches deal to deploy AI models on U.S. Department of War classified network ReutersExclusive | Government Agencies Raise Alarm About Use of Elon Musk's Grok Chatbot WSJOpenAI Reaches A.I. Agreement With Defense Dept. After Anthropic Clash The New York Times
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Trump referred to Anthropic as ‘WOKE' and said that the government had to stop using it. That leaves just Elon Musk's Grok to handle classified work.
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The hypothetical nuclear attack that escalated the Pentagon's showdown with Anthropic The Washington PostPentagon Standoff Is a Decisive Moment for How A.I. Will Be Used in War The New York TimesScoop: Top Senate defense leaders intervene in Pentagon-Anthropic AI dispute AxiosExclusive: Anthropic Drops Flagship Safety Pledge Time MagazineAnthropic Refuses Pentagon's Proposal to Loosen AI Guardrails WSJ
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The IRS allowed one of the world's largest exporters of natural gas to claim its heavily polluting tankers are low-emissions "motorboats," the company said.
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Egypt can build on its strong fundamentals and natural advantages to boost hard currency, unlocking up to $17 billion annually by 2035 with a strategic focus on 11 key growth sectors.
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President Biden signed the Inflation Reduction Act into law on August 16. The massive climate, energy, tax, and healthcare package contains numerous clean energy incentives including tax credits for the purchase of new and used electric vehicles. But you may not have heard that the new law also revives the tax credit for electric vehicle charging stations and equipment that had expired in 2021. There are some changes to the prior charging station tax credit that you will want to be aware of, so that you can potentially use the tax break for your own EV charger.
What is the Tax Write Off for EV Chargers?
The federal tax credit for electric vehicle chargers originally expired on December 31, 2021. However, the Inflation Reduction Act's Alternative Fuel Refueling Property tax credit extends the EV charger tax incentive ten years—through December 31, 2032.
SEE MORE EV Tax Credits Are Changing: What's Ahead
So, what does that mean for you? Essentially, if you install an EV charging station at home, the tax credit under the Inflation Reduction Act is 30% of the cost of hardware and installation, up to $1,000. Also, beginning in 2023, the tax credit for business and home installations, will apply to other EV charging equipment like bidirectional (i.e., two-way) chargers.
Businesses that that install new EV chargers or EV charging equipment can also benefit from a tax incentive of up to 30% of the total cost of equipment and installation. But they will have to meet certain labor and construction requirements to be eligible to claim the full incentive.
Before the Inflation Reduction Act, the limit on the amount of the EV charger tax credit for businesses was $30,000 (which still applies to projects completed before the end of 2022). However, under the new law, if you complete the business installa
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