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...Microsoft has agreed to invest $1.5bn in Abu Dhabi artificial intelligence group G42, its latest big bet on the technology that underscores deepening collaboration between the US and United Arab Emirates...
...This includes a £40mn acquisition of Neptune in 2019, and a £120mn deal for Majedie Asset Management in 2022....
...to offload IT to Silicon Valley’s biggest technology groups....
...Its former chief executive, Alan Bruce, left the group early this year....
...The real headache for all these groups is the diminution of UK actively managed assets....
...The story for Learning Technologies Group hasn’t quite played out anticipated....
...Ukraine scored its biggest naval success of the war in April last year when it sunk the Moskva, Russia’s Black Sea fleet flagship, using a domestically-developed Neptune anti-ship missile....
...The Netherlands-based group, whose lithography machines are relied upon by chipmakers, said on Wednesday that net bookings, which includes orders placed by customers but not yet delivered, dropped to €3.6bn...
...Meanwhile, the entity in question — Change Healthcare — is restoring its systems, after reportedly paying a $22mn ransom to the BlackCat hacker group. But investors should pay close attention....
...The focus means CAIOs are sought not just in tech but across industries, and particularly among finance, healthcare and consumer groups, says Bajwa, although the oil and gas, and heavy industry, sectors...
...Analysts have asked whether it makes sense for the news bureau to be part of a group now positioning itself more as a technology company for professional services....
...This makes for uncomfortable reading, especially given the group’s strong share price run. Indeed, its stock fell about 6 per cent on Wednesday....
...The French group has grown through acquisitions over the years, including the two-stage acquisition of British technology company Aveva, sealed in 2022 and which valued the UK company at £10.6bn....
...Many appear to see the technology as a solution: media groups have been ramping up their investment in AI even as they have been forced to make those cost cuts....
...State-owned China Investment Corporation owns 49 per cent of Neptune, with private equity groups Carlyle and CVC Partners owning 30.6 per cent and 20.4 per cent respectively....
...“It’s an important milestone,” he said, adding that the group could now focus on its 2023-25 growth plan. Jakobs said the company had made changes to avoid further safety issues....
...Trump Media & Technology Group was taken public last week in a merger with a blank-cheque company, which increased the former US president’s wealth on paper by billions of dollars....
...Apple has invested at least $1bn in microLED R&D and even made a push into the actual manufacturing of the cutting-edge display technology....
...Trump Media & Technology Group engaged WithumSmith+Brown to check its financial statements shortly after the company was founded in 2021, but by the end of the year the accounting firm had decided it did...
...UK software group Solidatus, which helps companies manage their data, is ranked 91st....
...But business groups worry that defining “high-risk” applications too broadly would mean almost any HR or management software could be covered, including much more basic technologies....
...Elsewhere on Wall Street, US stocks broadly pushed higher, as large technology groups rebounded....
...tech start-ups including those at the forefront of the generative artificial intelligence revolution, in one of the biggest fundraising efforts by a venture capital firm in years.The Silicon Valley-based group...
...US chipmaker Intel has received the largest sum, up to $8.5bn, while GlobalFoundries, Microchip Technology and BAE Systems have also received funding....
...Bhat added that Google was working with regulators to understand their requirements and make sure the technologies were used securely....
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