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...The president has also repeatedly emphasised the importance of the “real economy” in contrast to finance and tech, as part of a campaign for “high-quality development”....
...Later, as the launch of OpenAI’s ChatGPT spawned a generative AI revolution, it seemed Builder.ai’s moment had come....
...and a tech entrepreneur as its new executive chair and chief executive....
...Elliott Management is calling for Japan’s biggest property group, Mitsui Fudosan, to launch a ¥1tn ($6.8bn) share buyback as the US activist fund targets the most prestigious end of the Tokyo stock market...
...Despite huge revenue growth since the launch of ChatGPT in November 2022, Altman has said OpenAI remains lossmaking because of the vast costs of building and training its models....
...Until the Switch’s launch in 2017, the life cycle of a gaming console was typically about five years....
...DeepMind was acquired by Google in 2014 for $500mn, one of the first large bets by a big tech company on a start-up AI lab....
...That would be a noteworthy milestone but getting the tech out on the roads will be the only test that truly matters. Uncertainty about how exactly tech develops is entirely normal....
...Nissan and Honda began talks in January, and the scope of their co-operation includes software, core EV components and auto-intelligence technology....
...The carmaker will also aim to launch an EV powered by emerging solid-state-battery technology in fiscal 2028....
...Globally, however, iPhone sales rebounded 11.6 per cent in the fourth quarter following the September launch of its latest models, according to IDC figures released on Monday....
...Om Malik, a tech journalist turned Silicon Valley investor, said that the mis-step highlighted how Big Tech companies such as Apple were “doing things that make them less likeable by the day”....
...Sam Altman, OpenAI’s co-founder and chief executive, has said the company’s next AI model would be “materially better” than GPT-4....
...At its annual investor meeting on Wednesday, its billionaire co-heads Egon Durban and Greg Mondre laid out the errors they had made at the tail-end of a pandemic-fuelled boom in tech stocks....
...Makoto Uchida told the Financial Times’ Future of the Car Summit that Nissan would launch five new electric or hybrid vehicles in China within the next two years, adding that it would deepen partnerships...
...The chief executives of the two Japanese groups on Friday said the scope of their co-operation would include software, core EV components and auto intelligence technology....
...In a different era, the big tech companies might have bought a start-up such as Inflection outright, but they appear reluctant to launch takeover bids today, given the antitrust activism of the Biden administration...
...foreign consultants Takeover interest for UK groups jumps Pret’s parent makes a hard pivot into insurance Last time we heard from Anant Bhalla, he told DD’s Sujeet Indap about plans to raise $1bn to launch...
...EV rival Xpeng has announced plans to launch a cheaper brand, with its models set to be priced at a starting point of $13,890....
...Taiwan Semiconductor Manufacturing Company’s decision to bring its latest technology to America is a big step forward for US President Joe Biden’s quest for security in the vital tech supply chain — but...
...It’s rare in much of Asia, particularly in the tech industry, for employees to go on strike....
...This month is the soft launch of VIV Arts, a sales platform to support artists and collectors of a more experiential bent....
...He is a co-founder of Sustainable Ventures, a green start-up investment and advisory firm, and is already planning more workspace hubs in Manchester, Glasgow, Birmingham and beyond to cater for a sector...
...Despite the glitches at its launch, Gemini ended up being well received in tech circles as a worthy rival to OpenAI’s latest technology and as a much-needed, unified platform on which Google’s various services...
...Its shares have fallen about 5 per cent this year at a time when most of its Big Tech rivals have reported double-digit percentage stock gains....
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