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OpenAI and DeepMind want Britain’s new AI safety institute to speed up evaluations of latest models

Also in this newsletter: Yellen optimistic on US-China relations, Dimon warns on interest rates, social class in the workplace

US-based Albemarle cuts expansion plans amid struggles for processor of key mineral for electric cars

Reduction comes despite surge in spending on search for metals crucial to energy transition since 2020

Rio Tinto hopes $20bn Guinea iron ore, rail and port plan will pave way for ‘new era’ of mining

Longi executive says costs would double, job opportunities would be lost and green targets missed

Group has recently spent $1.7bn on M&A in the region with return to office mandates boosting revenues

CATL is one of several Chinese companies expected to list in the territory this year as activity revives

Saudi Aramco says combustion engines will be around for ‘very, very long time’ after Horse Powertrain investment

AI data centre demands and renewable energy’s dispersed nature are driving equipment orders for power grid upgrades