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...AMD’s MI300X chip is “the most advanced AI accelerator in the industry”, chief executive Lisa Su said at an event in San Jose, California, on Wednesday, claiming it outperformed Nvidia’s current offering...
...*Ignites Europe is a news service published by FT Specialist for professionals working in the asset management industry. Trials and subscriptions are available at igniteseurope.com....
...The New York-based fund’s head of distressed and corporate special situations, Ryan Mollett, is an industry veteran who previously worked at Blackstone, where he was the architect of a so-called “manufactured...
...This month, as part of joining industry initiative the Coalition for Content Provenance and Authenticity, Google said it was “actively exploring” whether it could roll out watermarking tools that showed...
...The iPhone maker has been quietly working on large language models, the technology that powers generative AI products such as OpenAI’s ChatGPT, as competitors including Samsung and Google roll out their...
...The automotive industry nonetheless expects EVs to become dominant in time as governments push to decarbonise road transport....
...The purchase commitments mean 2023 will be the best year for Rolls-Royce in terms of new orders for 15 years....
...One analyst asked how Apple was preparing to roll out expensive new AI technology even as capital expenditures were lower. Apple, Maestri responded, would “never underinvest in the business”....
...Analysts at Citi said the move was “a significant announcement, for Ericsson, AT&T, Nokia and the industry”....
...Customers had “immediately responded” to Walmart’s moves to lower the price of a rotisserie chicken by $1 and “roll back” the price of French bread to $1, said chief financial officer John Rainey....
...The legal attacks are part of a broader battle between US government agencies, which set and enforce regulations for business and industry, and the judiciary branch....
...At the same time, the sharp rise in interest rates that began in 2022 has punished developers trying to roll over their debts....
...As rivals begin to roll out much cheaper EVs, Tesla’s own plans for a low-cost vehicle — priced at $25,000 and dubbed “Model 2” — has assumed ever more importance....
...Industry insiders said the move to help AI start-ups pay for computing costs comes after internet companies with cloud computing services cancelled contracts, as stricter US controls prompted them to “hog...
...Just over a year ago, the governing body agreed a new set of rules it wanted to roll out globally — including an exam for those seeking a licence to operate as an agent and a controversial cap on the percentage...
...The changes in the running footwear market are the starkest examples of how much the sportswear industry has shifted during Donahoe’s tenure....
...“This is about human lives . . . this has to be 10 times safer than human drivers to roll out at a large scale.”...
...Meanwhile, Apple and Amazon have been slower to announce major public investments in AI but are poised to roll out products that could be viewed as a bid to catch up....
...Apple said on Thursday it will roll out a software update next year that will improve messaging between iPhones and Android phones, as the smartphone maker faces pressure to make its system more compatible...
...That enables us to roll back pricing . . . In the US, we may be managing through a period of deflation in the months to come....
...Pricing on general merchandise has also come down, which will allow Walmart to roll back pricing during the holiday season....
...“It is not an exaggeration to suggest that the rebranding of the Fifa series to EA Sports FC is one of the most important moments in EA’s history,” said Piers Harding-Rolls, analyst at Ampere....
...“We are going to have a ‘world is not flat’ moment, when asset managers are going to realise we are not prepared to help people draw down,” said Bill Meyer, CEO of Retiree Inc, a retirement planning software...
...Investors keen to keep an eye on their own investment portfolio can still rely on the basic wisdom of a 60/40 weighting to equities and bonds despite the recent souring of sentiment towards it, industry...
...Liontrust’s fortunes illustrate how M&A is not a panacea for the challenges facing the fund management industry....
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