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  • EPA proposes rolling back incentives for automatic engine start-stop systems, citing driver frustration and questioning real-world benefits.
  • Perplexity AI, backed by Nvidia, is in advanced talks to raise $500 million, valuing the company at $14 billion, as it faces competition from Google and OpenAI in the AI-powered search market.
  • German reinsurers Munich Re and Hannover Re report sharp declines in Q1 2025 profits due to heavy losses from the devastating Los Angeles wildfires.
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  • EPA proposes rolling back incentives for automatic engine start-stop systems, citing driver frustration and questioning real-world benefits.
  • Perplexity AI, backed by Nvidia, is in advanced talks to raise $500 million, valuing the company at $14 billion, as it faces competition from Google and OpenAI in the AI-powered search market.
  • German reinsurers Munich Re and Hannover Re report sharp declines in Q1 2025 profits due to heavy losses from the devastating Los Angeles wildfires.
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