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...year to fund Israel’s advanced “Iron Dome” missile defences....
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...Previously, lack of collateral would lead to exclusion from the financial system....
...ASML sells just about 100 new lithography systems each quarter. Around three companies buy most of its advanced machines, making quarterly numbers prone to fluctuations....
...Campbell also said the US had been encouraging Japan to implement measures to bolster its security systems to make it easier to share classified information among the allies....
...According to the IMF, debt in the 39 economies it terms advanced rose from 110 per cent of gross domestic product in the 1950s to 278 per cent in 2022....
...Upcoming elections in the US, ongoing conflict in Ukraine and now the eruption of hostilities between Israel and Iran are all weighing on policymakers’ minds....
...explosion in new AI apps since OpenAI launched its breakthrough ChatGPT chatbot 18 months ago has triggered a race to secure the powerful processors needed to build so-called large language models — AI systems...
...Given its rock-bottom valuation, the company’s head start in AI could outweigh the obvious risks weighing on its valuation....
...“Wayve is probably the most advanced embodied AI company in the world and it’s here in Britain,” said Suranga Chandratillake, a partner at Balderton Capital, an investor in the company....
...The data comes as the Fed is weighing when to start cutting interest rates from their current range of between 5.25 per cent and 5.5 per cent....
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