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...The South Korean companies have been storing used machines in warehouses instead of putting them on the secondary market, three traders of second-hand chipmaking tools told the Financial Times....
...The US has also been working with the Netherlands and Japan to block China’s access to the latest chip tools, such as machines from the Dutch maker ASML....
...The world’s largest money manager said in a memo to staff that it has used generative AI to construct a “co-pilot” for its Aladdin and eFront risk management systems....
...This has become a massive moral hazard machine. Individual portfolio managers are incentivised and expected to max out their risk budget in the hope of collecting performance fees....
...Tensions are running high over US accusations that China is supporting Russia’s military industrial machine in Ukraine, providing Moscow with materials including semiconductors, sophisticated machine tools...
...Plenty of talent has walked out of Goldman’s door — including Gregg Lemkau and Ram Sundaram — and yet it has only gained market share since. The machine is working....
...Washington D.C., March 18, 2024 — The Securities and Exchange Commission today announced settled charges against two investment advisers, Delphia (USA) Inc. and Global Predictions Inc., for making false...
...It recently announced a five-year, $1.1bn deal with Coca-Cola to use cloud and AI services. In its earnings call this week it said that demand for AI tools slightly exceeded capacity....
...Maga Inc, a pro-Trump super Pac, has booked just $6.5mn....
...Noting China was the top supplier of machine tools, microelectronics, nitrocellulose and other dual-use items crucial to Russia’s defence industrial base, he told reporters that Moscow “would struggle to...
...providing the tools to make leading-edge semiconductors....
...The high success ratio was surprising and could be improved even further, said Gerbrand Ceder, co-author of the paper and a professor at the university....
...China has stepped up exports to Russia of everything from vehicles to machine tools, assisting its war effort as European and US sanctions close off Moscow’s access to western technology....
...A lack of strong leadership means suppliers need time to co-ordinate with each other and with customers, making battery manufacturers slower to set up new production lines, he said....
...He is the author of the upcoming book The Unaccountability Machine, and writes an annoyingly good Substack when he should be writing more for Alphaville....
...Similarly, Wilfred Mijnhardt, policy director at the Rotterdam School of Management at Erasmus University, has created a series of tools based on machine learning to score academic articles for their relationship...
...He called it UberCheats, published it online at midnight and made it free to use. UberCheats was an algorithm-auditing tool....
...The person added the South Korean government would be reluctant to introduce the curbs, which would affect smaller producers of tools and components....
...When a tool is ubiquitous, and convenient, we kludge our way through without really understanding what the tool is doing or why. And that, as a parallel for generative AI, is alarmingly on the nose....
...internet, or search engine)” and maintained that content used to train tools like ChatGPT “does not supplant the market for the works”....
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...The centre is being built at its biggest-ever research and development base, and its mission is to develop lithography machines, critical equipment targeted by US export controls....
...The goal is to provide answers and equip lawyers with the skills and tools to solve operational problems themselves....
...The editorial team can be reached at techasia@nex.nikkei.co.jp....
...AI and crypto are born of the same milieu. OpenAI’s Altman co-founded a cryptocurrency called Worldcoin in 2019. (Worldcoin scans users’ eyeballs, so that it can distinguish human users from machines....
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