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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”....
...As part of the deal, G42 would use Microsoft’s cloud computing platform Azure “as the backbone for the development and deployment of AI services we provide to all of our customers”, said Xiao....
...“We have no [research and development] facilities in China,” Nippon said....
...banks and development finance institutions....
...It also confirms SoftBank chief executive Masayoshi Son’s renewed hunt for AI investments with leading start-ups, having previously been slow to deploy capital in the sector compared with rivals, and comes...
...Technological development however continues apace....
...Nisha Biswal, DFC deputy chief executive, said the state entity expected to increase investments in African critical minerals, with this year’s total likely to exceed last year’s $700mn....
...Smith predicted that more investment was likely to flow into the design and development of AI chips, a sector led by Nvidia, which recently leapfrogged Amazon and Google parent Alphabet to become the third-most...
...This disrupted plans by foreign companies to acquire the companies, and she is now seen as a significant force in the development of lithium, a key material for electric vehicles, in Australia....
...PIC has a mandate to foster the country’s development including a long-term future for mines that provide jobs and skills in a country with a one-third jobless rate....
...Hiring teams from Inflection — and forging minority investments and commercial partnerships — will bind start-ups and talent to Microsoft and its ecosystem, without raising the classical competition concerns...
...Microsoft has made a $13bn investment in OpenAI but owns no conventional equity....
...It develops both residential and commercial property and has worked on big international developments, including a mixed-use residential project in Shoreditch, London, that preserved the remnants of a 1577...
...related harm with respect to its investment in Bridge International Academies”....
...The new fund from the IFC and T Rowe Price will invest only in blue bonds for which all the proceeds are earmarked for investment to support two water-related UN Sustainable Development Goals: on universal...
...The new Chips Act funding will primarily be directed towards development of Intel’s 18A “node”, a reference to its manufacturing process for the smallest and most powerful chips....
...Reformists want to reduce tensions — with the US and across the Middle East — to prioritise economic development and attract foreign investment....
...His expertise is also in product development and policy, rather than research. But in Simonyan, Inflection’s other co-founder and chief scientist, Microsoft gains one of the world’s top AI researchers....
...Intermonte analysts said the stake increase was positive as it showed confidence in “the further development of the company”....
...The CMA had asked interested parties, including the companies, whether “the partnership between Microsoft and OpenAI, including recent developments, has resulted in a relevant merger situation”, with a January...
...Developments like these could reduce Microsoft’s dependence on OpenAI in the next phase of generative AI and leave Nadella with more options....
...development”....
...Indeed, many experts forecast that the development of AI is accelerating the move from physical servers to cloud computing....
...Breber dismissed the criticism, pointing to the company’s investment in low-carbon businesses such as biofuels, green hydrogen and carbon capture. “We’ll get assessed on the results,” he said....
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