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...Actis, created as a development finance arm of the UK government, was spun out in 2004 after its management team bought a 60 per cent stake for £373,000....
...The company handles multimedia deals for universities, controlling much of their merchandise sales, stadium sponsorships, ticketing and content development....
...According to his LinkedIn profile, he previously worked in government affairs for Cheniere Energy and as a senior adviser to the chief of executive of Tellurian Inc, two companies which pioneered the development...
...The tension between the development of AI technologies within companies and their impact and safety has previously emerged at Google....
...The deal, which will mark a two-thirds expansion of Citadel’s London office space, comes after Griffin has expressed concern about how hybrid or working-from-home practices can hurt a company’s culture....
...Some have blamed this on Google’s fragmented structure, big-company bureaucracy and the lack of a coherent company-wide plan for rolling out generative AI across its range of products and services, the Financial...
...An attorney for Jane Street told Engelmayer that the firm had invested “tens of millions of dollars” into the development of the trading scheme....
...The progress made by Chinese companies and regulators in Beijing poses a new challenge to the west, which is already lagging behind China in the development of electric vehicles, according to analysts, and...
...It now has “several hundreds” of engineers dedicated to chip development, he added....
...French hotel group Accor is in talks with investment vehicle Dubai Holding to fund the roughly €800mn development of two upmarket cruise liners under the Orient Express brand, in the latest example of Middle...
...As the name suggests, this is a “business development company”, a weird but fascinating and uniquely American construct....
...Europe’s AI Act is an important development in balancing innovation and risk....
...The other factor is that fund flows into direct lending have been stable and growing, especially from high-net-worth investors putting money into semi-liquid BDCs [business development companies]....
...investment fund Temasek, which valued the company at $5.4bn....
...Previous accidents have slowed down but not stopped development of autonomous cars, including a fatal crash in Arizona in 2018. Concern for public safety is high, but so is public curiosity....
...Another avenue for development lies in what Google claims are Gemini’s reasoning and planning capabilities....
...Actis executives, who have expanded the business since spinning out of the UK government’s development finance unit in 2004, are likely to net a big windfall by selling their firm....
...From the start of the year through to September 30, Alphabet’s spending on research and development rose 14 per cent to $33.3bn....
...Another Project Dragon analyst in an email to a senior colleague observed that Shiber’s broader development was at risk from her unavailability....
...Still, losing access to the current search contract with Google would be an unwelcome development....
...ULA plans to use Blue Origin’s engines in its new Vulcan rocket, the development of which was expected to bolster the companies in their rivalry with SpaceX....
...The developments come only months after San Francisco became the first US city in which driverless taxis were free to transport passengers without restrictions and without the supervision of humans behind...
...Despite spending across the industry on development, which McKinsey estimates at $50bn, commercialisation of the technology has been delayed by the difficulty of teaching the cars to deal with the many rare...
...The company expects a net loss of up to $345mn in the current fiscal year. This exceeds the $314mn cash it has on hand. Salvation may come in the form of drug development....
...At first glance this also seems like an interesting development in the jurisdictional division between the SEC and CFTC....
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