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...Ark’s flagship Innovation ETF soared more than 150 per cent in 2020, a level of performance that beat virtually every other competitor and put the firm on the map....
...regarding the payment of our retirement benefit”, according to the email, which added: “While we continue to explore other options, we will wait for Seth and his leadership team’s response before further reaction...
...Google reported $175bn in revenue from search and related ads last year, more than half its total sales, posing a conundrum for the company over how to embrace the latest AI innovations while preserving...
...Wood’s $8bn Ark Innovation exchange traded fund recorded a 68 per cent gain last year, putting it within the top one per cent of its peers, according to data from Morningstar....
...Seemingly outlandish, this estimate is consistent with the dramatic boost to real GDP growth during bursts of technologically enabled innovation in the past 2000+ years....
...“It will help us turbocharge the Android and Chrome ecosystems, bring the best innovations to partners faster . . . and internally, it will also speed up decision making.”...
Lawsuit sets up rare public clash between two big Wall Street rivals
...Brussels blocked the deal a year later over concerns it would limit consumer choice and hurt innovation. Illumina appealed to the EU court but it sided with the commission in 2022....
...“Today’s charges are the latest illustration of the lengths affiliates of companies based in the People’s Republic of China are willing to go to steal American innovation,” FBI director Christopher Wray...
...BEUC believes the business reaction is overdone....
Amazon, Microsoft and Google pledge to defend customers from IP issues, but their indemnities are narrow
...The key to the improvements was how AI techniques were combined with existing sources such as a large data set of past synthesis reactions, he added....
...Europe’s AI Act is an important development in balancing innovation and risk....
...“Private equity backing is a clear growth accelerator and investment opens opportunities for acquisition, funding technology and other innovations,” said Anton Colella, Moore Global chief executive....
...“In China, the story is the unbelievable size the market has become, combined with innovation,” he said in an interview with the Financial Times in June....
...Although its stated intent is to accelerate innovation and competition, Microsoft’s tie-up with OpenAI has already attracted the scrutiny of regulators as to whether it constitutes a merger....
...Scientists have achieved ignition by a nuclear fusion reaction, which generated more energy than it consumed....
...Courts and antitrust regulators are discovering how rewarding that innovation is. The man who keeps telling them is Tim Sweeney, chief executive of Epic Games, the developer behind the game Fortnite....
...The rate of innovation is high. They spend a lot of money on R&D. They are among the largest patent holders. There’s very little evidence of collusion....
...The UK has emphasised it will not be creating specific AI legislation in the short term for fear it could hamper innovation. Instead, it will look to existing regulators to oversee the technology....
...Wood’s flagship investment product — the $6.3bn ARK Innovation exchange traded fund, known as ARKK — is down more than 25 per cent over the past three months, according to Morningstar....
...The underlying driver there is the potential for large-scale application of an innovation in which the company holds a dominant role at present....
...Physicists have since the 1950s sought to harness the fusion reaction that powers the sun, but until December no group had been able to produce more energy from the reaction than it consumes — a condition...
...The Lawrence Livermore laboratory in California has again achieved the milestone of a reaction delivering more energy than put into it....
...Big is not by definition bad, if it is focused more on innovation than domination — but which is it now?...
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