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...Another contract relates to the development of “reverse engineering automation”, the process by which source code is broken down in an automated way to identify its functionality, structure and design....
...“Large language models and automation allow us to really scale the time and energy of our people, such that we can drive more productivity gains into 2024 and beyond,” Martin Small, chief financial officer...
...The statement followed reports that the French group was in talks to take control of Bentley, which makes software used in the engineering of infrastructure projects....
...By default, though, this latest excitement will follow all the other waves of AI, and become “just” more software and more automation....
...Some of the biggest deals struck in the quarter included Capital One’s $35bn acquisition of Discover Financial, and chip design toolmaker Synopsys’s $35bn takeover of engineering software maker Ansys....
...Our Málaga safety engineering centre is focused on cross collaboration that raises security standards for everyone....
...But Vista held Finastra in an older fund with little dry powder, forcing it to rely on financial engineering....
...Siemens said its expectations for flat growth in its industrial automation arm was based on “the assumption that following destocking by customers, global demand in the automation businesses, especially...
...the past few months ExxonMobil agreed to acquire shale group Pioneer Natural Resources for $60bn, Chevron reached a deal to buy Hess for $53bn and chip design toolmaker Synopsys announced the takeover of engineering...
...“What’s most attractive is being close to the engineering team — having that connection with engineering, so we can address issues and gain learnings, and really cycle the product through our production...
...Discuss the challenges that President Xi Jinping faces in engineering a stronger economic recovery, as mentioned in the article. How might he address these challenges?...
...Engineering: PP Control & Automation Tony Hague, chief executive of PP Control & Automation, would have liked Hunt to announce a reduction in corporation tax, which rose from 19 per cent to 25 per cent...
...Automation has crept into the so-called “follow” market at Lloyd’s, which is when insurers take a later tranche of the risk on a particular policy....
...Engineering and construction firms were least likely to anticipate cuts because of automation, alongside technology companies....
..., and nuclear science and engineering....
...“The automation and digitalisation of media has changed [things] and we will start to find out this year whether the big agencies can adapt.”...
...“This new era of models represents one of the biggest science and engineering efforts we’ve undertaken as a company.”...
...The dealmaking push also involved a myriad of complex financial engineering techniques....
...Hovenkamp: That’s an engineering issue that’s a little bit over my pay level....
...No successor has been named, but Cruise said its executive vice-president of engineering, Mo Elshenawy, would take over immediately as president and chief technology officer....
...Using financial engineering, Apollo created an off-balance sheet gizmo based in the welcoming climes of Bermuda....
...A supplier of automation equipment to Xiaomi’s factory said there were dozens of former Tesla employees working inside the plant....
...In this area, mechanical work is “being replaced by robotics and AI automation”....
...Investors in private equity funds have been clamouring to get cash back from their portfolios, but the industry’s reliance on financial engineering to unearth this money is creating concern....
...“We remain focused on durably re-engineering our cost base to create investment capacity to support our growth priorities, most important of which is with AI,” said Porat....
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