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2025-01-20
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12 injured in triple vehicle collisionBy LOLITA C. BALDOR and MATTHEW LEE WASHINGTON (AP) — The United States is expected to announce that it will send $1.25 billion in military assistance to Ukraine, U.S. officials said Friday, as the Biden administration pushes to get as much aid to Kyiv as possible before leaving office on Jan. 20. The large package of aid includes a significant amount of munitions, including for the National Advanced Surface-to-Air Missile Systems and the HAWK air defense system. It also will provide Stinger missiles and 155 mm- and 105 mm artillery rounds, officials said. The officials, who said they expect the announcement to be made on Monday, spoke on condition of anonymity to provide details not yet made public. The new aid comes as Russia has launched a barrage of attacks against Ukraine’s power facilities in recent days, although Ukraine has said it intercepted a significant number of the missiles and drones. Russian and Ukrainian forces are also still in a bitter battle around the Russian border region of Kursk, where Moscow has sent thousands of North Korean troops to help reclaim territory taken by Ukraine. Earlier this month, senior defense officials acknowledged that that the Defense Department may not be able to send all of the remaining $5.6 billion in Pentagon weapons and equipment stocks passed by Congress for Ukraine before President-elect Donald Trump is sworn in. Related Articles National News | Bird flu virus likely mutated within a Louisiana patient, CDC says National News | A 9th telecoms firm has been hit by a massive Chinese espionage campaign, the White House says National News | Court rules Georgia lawmakers can subpoena Fani Willis for information related to her Trump case National News | US homelessness up 18% as affordable housing remains out of reach for many people National News | Most Americans blame insurance profits and denials alongside the killer in UHC CEO death, poll finds Trump has talked about getting some type of negotiated settlement between Ukraine and Russia, and spoken about his relationship with Russian President Vladimir Putin . Many U.S. and European leaders are concerned that it might result in a poor deal for Ukraine and they worry that he won’t provide Ukraine with all the weapons funding approved by Congress. The aid in the new package is in presidential drawdown authority, which allows the Pentagon to take weapons off the shelves and send them quickly to Ukraine. This latest assistance would reduce the remaining amount to about $4.35 billion. Officials have said they hope that an influx of aid will help strengthen Ukraine’s hand, should Zelenskyy decide it’s time to negotiate. One senior defense official said that while the U.S. will continue to provide weapons to Ukraine until Jan. 20, there may well be funds remaining that will be available for the incoming Trump administration to spend. According to the Pentagon, there is also about $1.2 billion remaining in longer-term funding through the Ukraine Security Assistance Initiative, which is used to pay for weapons contracts that would not be delivered for a year or more. Officials have said the administration anticipates releasing all of that money before the end of the calendar year. If the new package is included, the U.S. has provided more than $64 billion in security assistance to Ukraine since Russia invaded in February 2022.Nvidia Q3 Earnings: A Tale Of Blackwell, Jetson, And The OmniverseThe week was a whirlwind of activity in the AI sector, with major players making significant strides. From Meta Platforms, Inc. META unveiling an AI model that outperforms its rivals, to Nvidia Corp. NVDA redefining AI data centers, and Amazon.com Inc. AMZN shifting its focus in the AI chip wars, the AI landscape is rapidly evolving. Let’s dive into the top stories. Meta’s Llama 3.3 70B Outperforms Google, OpenAI, and Amazon’s AI Models Meta has launched Llama 3.3 70B, a new AI model that surpasses competitors like Google, OpenAI, and Amazon in performance. Announced on Friday, the model offers the performance of Meta's largest Llama model, Llama 3.1 405B, but at a reduced cost. Ahmad Al-Dahle, Meta's VP of generative AI, highlighted that Llama 3.3 70B leverages advanced post-training techniques for efficient core performance enhancement. Read the full article here. Nvidia’s Liquid-Cooled Blackwell GPUs Revolutionize AI Data Centers Nvidia is transforming the AI infrastructure with its Blackwell GPUs, prompting a significant shift towards liquid cooling in data centers. With cooling challenges resolved, Nvidia plans to increase production of liquid-cooled GB200 server racks in Q1 2025, marking a crucial moment for the AI server ecosystem. Read the full article here. See Also: Jeff Bezos Optimistic About Trump’s Second Term, Wants To Help Streamline Rules Amazon Shifts Focus in AI Chip Wars Amazon has decided to halt the development of its Inferentia AI chip, shifting its focus to the Trainium chip. This decision is part of Amazon's broader strategy to enhance cost performance in AI model training. Since its entry into the AI chip market in 2018, Amazon Web Services has been offering both Inferentia and Trainium chips to AI companies. Read the full article here. Google CEO Sundar Pichai Fires Back At Microsoft Over AI Alphabet Inc.’s CEO Sundar Pichai dismissed criticism of his company’s AI strategy while targeting Microsoft Corp. MSFT . During his appearance at The New York Times’ DealBook Summit Pichai responded to Microsoft CEO Satya Nadella's criticism, suggesting a direct comparison between their companies' AI models. Pichai noted that Microsoft relies on ChatGPT-parent OpenAI technology for its models. Read the full article here. Elon Musk’s xAI Raises $6B For The 2nd Time This Year Elon Musk-led artificial intelligence (AI) startup xAI disclosed that it has raised $6 billion, with nearly 97 investors participating in the fundraising round. xAI’s latest fundraise comes as the AI startup is looking to expand the footprint of its Colossus supercomputer tenfold. Read the full article here. Read Next: Jeff Bezos’ Amazon Unveils Powerful AI Chip Clusters To Supercharge Anthropic’s Models Photo courtesy: Shutterstock This story was generated using Benzinga Neuro and edited by Rounak Jain © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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