Germany backs ending EU tax break that helps Shein and Temu keep prices low By Helen Reid LONDON, May 23 (Reuters) - Germany supports an overhaul of European Union import taxes which could end an exemption for cheap parcels that has helped online retailers Shein and Temu PDD.O grab market share with their cut-price clothes, accessories and gadgets made in China.

Amazon, AI startup Hugging Face pair to use Amazon chips By Stephen Nellis May 22 (Reuters) - Amazon.com's AMZN.O cloud unit on Wednesday said it has partnered with artificial intelligence startup Hugging Face to make it easier to run thousands of AI models on Amazon's custom computing chips. Valued at $4.5 billion, Hugging Face has become a central hub for AI researchers and developers to share chatbots and other AI software and is backed by Amazon, Alphabet's Google GOOGL.O and Nvidia NVDA.O ,

UPDATE 5-Nvidia forecasts quarterly revenue above estimates, unveils stock split Add details on stock gain, paragraphs 2-3 By Arsheeya Bajwa and Stephen Nellis May 22 (Reuters) - Nvidia NVDA.O forecast quarterly revenue above estimates on Wednesday and announced a stock split, lifting its shares to record-high territory and impressing investors who have tripled the chipmaker's market value in the past year on AI optimism.

UPDATE 1-Amazon.com investors reject all 14 outside proposals at meeting Adds CEO comments in paragraphs 4, 6 By Greg Bensinger May 22 (Reuters) - Amazon.com AMZN.O investors voted against all 14 resolutions that asked the retailer to disclose more about its carbon emissions and its directors' donations, and to form a committee to oversee artificial-intelligence development, among other issues.

Amazon investors reject all 14 outside proposals By Greg Bensinger May 22 (Reuters) - Amazon.com AMZN.O investors voted against all 14 resolutions that would have requested the retailer disclose more about its carbon emissions, its directors' donations and form a committee to oversee artificial intelligence development, among other issues. Amazon announced the preliminary vote at its annual shareholder meeting on Wednesday, where all 12 directors were voted in for an additional term.