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...The top criteria for evaluation is the level of design, development and production completed within China, according to a notice from the state testing agency....
...That’s in the range of what Snap and Pinterest did starting from a similar point in their development (Salmon rates Reddit a hold). There is one area of concern....
...For further reading: Baidu’s bet on AI could make or break China’s fallen tech group Tightened US rules throttle Alibaba and Baidu’s AI chip development Baidu shares fall after Ernie AI chatbot demo disappoints...
...One big winner was the Newhouse family, who through Advance Magazine Publishers Inc own Condé Nast, which bought Reddit in 2006 for $10mn before spinning it out in 2011....
...Last year, groups including OpenAI, Google DeepMind and Meta agreed to open their generative AI models for review by Britain’s AI Safety Institute....
...The figure represented a 13 per cent year-on-year decline, and research group Counterpoint said iPhone sales in the first six weeks of this year were also down 24 per cent from a year earlier....
...Last year, the US and UK unveiled efforts to scrutinise AI development. Some Big Tech investors have expressed concerns....
...China’s auto manufacturing sector has hovered around 70 to 75 per cent in recent quarters, below the range of 76 to 82 per cent that prevailed before 2020, according to Gavekal Research, a Beijing research group...
...China started commercial driverless development in 2013, about five years after groups in the US....
...If Pfizer had followed this route to market for anti-obesity drugs, rather than its own development efforts, its post-Covid plans would be more secure....
...The fund will seek commercial returns, without concessional financing, said Tomasz Telma, global head of the IFC’s financial institutions group....
...Competitors including Meta and Alphabet-owned Google have unleashed a wave of spending on AI start-ups and internal research and development as they rush to integrate the technology into their products....
...The landmark lawsuit filed on Thursday in federal court in New Jersey by the US Department of Justice, along with a bipartisan group of 16 state and district attorneys, accuses the group of imposing contractual...
...“We would like to start shipping this year or next year . . . we want to do it while the market is hot,” said Hiroaki Takeishi, head of Canon’s industrial group, who has overseen the development of the new...
...The built-in in-kind redemption process “greatly reduces capital gains borne by fund investors and intraday trading capabilities”, said Matt Apkarian, associate director of product development for Cerulli...
...It now has “several hundreds” of engineers dedicated to chip development, he added....
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...Shares in Pfizer fell 5 per cent in in New York on Friday after the group said more than half of the participants in its clinical trial for the new drug had dropped out because of side effects....
...At consumer products group The Clorox Company, associate general counsel Apur Patel is one of two people leading its strategy on generative AI....
...Some Chinese producers of EV battery materials are taking an even more circuitous route to western markets by setting up joint ventures with South Korean industrial groups....
...Altium was founded in the small southern city of Hobart in the 1980s with the aim of making the development of electronics more accessible....
...already did not allow crypto-adjacent products on their platforms to suddenly allow any of the spot bitcoin ETFs, just because they were approved to launch,” Matt Apkarian, associate director of product development...
...The ETFs would be the first for the subsidiary of White Wolf Capital Group, which has focused on private investments since its founding in late 2011....
...Apple unveiled the headset in June 2023 after seven years in development. But faced with the complexity of the design, Apple cut production forecasts from 1mn to 400,000 in 2024....
...research group, in a report last week....
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