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...Chief executive Tim Cook has told analysts Apple “has been doing research across a wide range of AI technologies” and investing and innovating “responsibly” around the new technology....
...Engineers are developing the technology needed to deploy the service but executives have not yet made a final decision on whether or when to launch it, one of the people said....
...As well as spending on technology and new service offerings to clients, Grant Thornton could also step up acquisitions, an area where it has historically been less active than many rivals, the people said...
...Bhat added that Google was working with regulators to understand their requirements and make sure the technologies were used securely....
...Houlihan Lokey has hired Scott Kirkby as a managing director for its European financial services and technology team. He previously worked for Bupa....
Sector pushes to harness latest tech tools as competition from hedge funds intensifies
...In recent months, Canberra has moved to broaden its regulatory scrutiny into digital payments and enforce existing measures that are being resisted by technology businesses....
...Pichai has also been criticised for being slower to commercialise generative AI, despite the technology being created in-house by its researchers....
...has hampered efforts to stamp its mark on the technology....
...It also states that platforms offering ranked search results must treat the listing of third-party services in a “fair and non-discriminatory” manner....
...How far should regulators go in dictating the basic designs of some of the most widely used tech products and services?...
...Microsoft’s revenue in the quarter climbed 17 per cent to $61.9bn, driven by cloud computing sales and rampant demand for AI-related services on its Azure platform....
...It took advantage of a surge in demand from investors for fast-growing technology companies when it listed three years ago, with its share price tripling in the six months after it went public....
...The US National Football League and Amazon Web Services have developed a player health tool known as the Digital Athlete, which they hope may in time be able to predict and prevent injuries....
...Mubadala holds a minority equity interest in US technology private equity group Silver Lake and has created large lending and investment partnerships with Apollo Global....
...Tiger was one of the most prolific investors in private technology start-ups during a venture boom that peaked in 2021....
...Greater user choice may sound fine in theory, they argue, but it will challenge fundamental aspects of how services work....
...into its Cloud services and search products, which compete with AI advancements by Microsoft’s Copilot....
...“Tax and audit work is being replaced by technology and the lowest price is winning, hence the transformation to consulting and advisory services....
...Nunes, a former Republican congressman, named four equities market makers in his letter: Citadel Securities, Virtu, Jane Street and G1 Execution Services....
...The adoption of AI comes at a time when professional services firms are seeking to reduce costs amid a slowdown in demand for some of their services in a difficult economic environment....
...Researchers have called for more comprehensive data and transparency from AI firms, including a breakdown of how much different computing services consume, for example, search engines versus AI services....
...The Australian agreement was the first between the global technology industry and media companies in the world....
...In the fourth quarter of 2023, Google Services made $76.3bn, with revenues primarily driven by advertising....
...On Monday, the Virginia-based bank said it had agreed to acquire Discover Financial Services for $35bn, to be paid all in stock....
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