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...Another contract relates to the development of “reverse engineering automation”, the process by which source code is broken down in an automated way to identify its functionality, structure and design....
...Marketing automation company Klaviyo also announced its IPO pricing on Monday. It said it would sell 19.2mn shares at a range of $25 to $27 a share. This would value the company at up to $6.3bn....
...The credit investors are focused on about $10bn to $12bn worth of loans that SVB had made to companies such as doctors’ office network Oak Street Health, robotics group Automation Anywhere and fintech group...
...Asia’s urgent need for automation has been growing over the past decade as low birth rates and a labour shortage from an ageing population increasingly cause problems for companies....
...At the same time, the three have battled for supremacy in technology, as each has introduced more labour-saving automation and attempted to lock customer loyalty in through point schemes and other strategies...
...A supplier of automation equipment to Xiaomi’s factory said there were dozens of former Tesla employees working inside the plant....
...The move comes as demand weakens for Panasonic’s consumer electronics and factory automation equipment in some markets including China....
...Adding sensors and automation may also rile unions and raise worker concerns about being replaced....
...“Overall, State Street’s growing market share has been a net positive for the ETF market because we continue to invest in further automation, integration and straight-through processing,” he added....
...The same people said that these were likely to include the automotive and factory automation sectors....
...“As we’re getting to the maturity of automation and [earlier versions of] AI . . . we see generative AI as our ability to continue to give at least that 10 per cent productivity year in and year out,” said...
...“The automation and digitalisation of media has changed [things] and we will start to find out this year whether the big agencies can adapt.”...
...Howard Schultz, Starbucks' founder who in April returned as interim chief executive, thinks more automation in the US and further China expansion are the answer....
...Separately on Thursday, Panasonic cut its full-year net profit forecast by 11 per cent from October, blaming a slowdown in the Chinese economy for lower sales of its electronics devices and factory automation...
...Kleinhans, of the SNV think-tank, says demand for semiconductors in Germany is strongest in the automotive industry, industrial automation and in the manufacturing of medical devices....
...In one big break with the past, Kelleher brought Intel’s chip design processes in line with industry standards, enabling it to use the same design automation technology from outside suppliers as other chip...
...It has introduced robotic process automation in areas such as e-discovery and sanctions monitoring and rolled out an artificial intelligence review tool for contract analysis....
...Like VR, home automation is a new market that has attracted the attention of the tech giants....
Prices to be frozen despite rising inflation as consumers’ finances come under pressure
...It’s feasible to automate the process but given the high number of variables, anyone promising full automation is heading for trouble. For example, could a bot do this?)...
...Jobs under threat The rise of generative AI has also touched off the latest round in the long-running debate over the impact of AI and automation on jobs....
...It is also exploring possible task automation, which would further accelerate business outcomes for the telecoms company....
...News round-up EY US to embark on $500mn cost savings after scuppering break-up plan (FT + Lex) Emerson Electric to buy NI Corp for $8.2bn to deepen automation push (Reuters) JPMorgan orders senior bankers...
...Shifting consumer demand was also driving the warehouse automation market, Loparco noted....
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