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...chief executive of BCG has said the $12bn consulting firm expects to generate a fifth of its revenues in 2024 from helping corporations integrate artificial intelligence into their businesses, a share it projects...
...The group is also building a plant in Mexico that is expected to come online in 2026....
...another Delaware entity called SV America Inc....
...The sale to Ithaca — which is majority owned by Israel’s Delek Group — includes British assets that Eni took on with Neptune....
...The group estimated the rule would cost airlines $33bn over 10 years....
...Beneficiaries will include “intelligent” blue-collar workers, such as gardeners, plumbers, carpenters and others who can use AI to manage projects....
...The move to kill off the car project, known internally under the code name “Project Titan”, has been seen as a vote against the state of the EV industry as a whole....
...Automating much of the data analysis in such projects can save time and money, she explains. Solidatus’ clients currently include banks Citi and HSBC, which are also investors in the group....
...Chinese influence through a partnership with American cloud software group Oracle....
...Eni would hold 38 to 39 per cent of the enlarged group under the limited details released so far. The combination would raise Ithaca’s production to above 100,000 barrels/day....
...The project, pursued by Turkey’s strongman leader Recep Tayyip Erdoğan, was controversial on environmental grounds, but it has been a boon to state-backed Turkish Airlines’ bid to widen its international...
...The group is also moving into an increasingly competitive market....
...It is also more heavily weighted to group project work....
...A version of this article was first published by Nikkei Asia on March 6. ©2024 Nikkei Inc. All rights reserved....
...Its former chief executive, Alan Bruce, left the group early this year....
...Or at least, they love to hate them; Citigroup is currently in the middle of a big project to remove layers of management, and Goldman Sachs recently had quite a nasty internal conflict partly driven by...
...High interest rates and the capital-intensive nature of building clean energy projects are making it difficult for companies to finance projects, with 70 per cent of executives identifying lack of returns...
...To less fanfare last month it embarked on another, far more ambitious project: to bring crypto’s underlying technology into financial markets by tokenising assets....
...Shein, which can get designs to production within days, projects sales will more than double to nearly $60bn by 2025. For now, Uniqlo’s lead remains intact....
...Alibaba Cloud has distributed the majority of its advanced GPUs to business units within the Alibaba Group, said two employees of the cloud business....
...TikTok has spent more than $1.5bn on so-called Project Texas, a corporate restructuring plan to safeguard US user data and content from Chinese influence....
...This group of investors generally views Robotaxi (i.e. fully autonomous vehicles running on the Tesla network) as a very long-dated opportunity....
...However, Reuters reported on Friday that Tesla had decided to scrap the project, opting instead to focus on developing a self-driving “robotaxi”....
...But the group is racing to make Gemini an all-purpose personal assistant, capable of responding to spoken commands to carry out complex tasks. Apple is hardly new to the smart assistants game....
...The project, which faced delays because of the pandemic and supply chain snags, can detect emissions as low as 500kg per hour from areas as small as 1 sq km, while simultaneously scanning a field of view...
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