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...These kinds of search results, which include an “AI-powered snapshot”, are more costly for Google to serve up than its traditional responses because generative AI consumes a lot more computing resources....
...“If you wanted to mirror Citadel as an example for collecting data, I think it would take a lot of time, a lot of money . . . so we are spending a lot of time and effort trying to develop our own AI machines...
...“There’s a lot of volatility with a lot of fits and starts in the pace of activity,” said Stephan Feldgoise, global co-head of M&A at Goldman Sachs....
...(All of these figures, and a lot more about how to make your transformation project work, in the EY/Saïd report.)...
...I wouldn’t have pressed the submit button [on the book], if I didn’t think this was going to happen because it basically forecasts that in the next decade, a lot of these tech companies are going to announce...
...And you know what, a lot of good people at the SEC agree with me. They won’t say it publicly....
...to a filing on Friday....
...You should factor a loss expectation into your yield. But from our perspective at Oaktree, we generally avoid defaults and losses....
...Admittedly, the x-axis scaling in the chart above is doing a lot of the work: the x-axis is scaled by log years until 2050, resulting in a clean regression against available historical data....
...“What’s exciting about it from an AI perspective is that football is a very dynamic game with lots of unobserved factors that influence outcomes,” said Petar Veličković, a DeepMind researcher and co-author...
...We’ve got a couple nice rugs, but we don’t have, we haven’t hung a lot on our walls yet. We haven’t painted our walls. Or how would you start to inject some personality?...
...This is based on the principle that when markets are low, you acquire more for your money, and when markets are high, you acquire less....
...Unhedged: Your recent paper touches on the difficulty of demonstrating the antitrust harms alleged in the Amazon case. Can you talk through some of the issues?...
...“You can take a picture of your flat tyre and ask for instructions, generate a custom image for your dinner party invitation or ask for help writing a difficult text message,” Hsiao said....
...The original Credit Suisse deal with Apollo led to the alternative investment manager taking on one of the Swiss bank’s most profitable divisions, but one that required a lot of capital....
...His is not the only big boat now on the move. “Typically, now, you see a lot of marinas are still a little bit empty because a lot of the boats are in the shipyards,” says Fangman....
...On Wall Street, you never want the next person to profit off your genius....
...As a Scoreboard subscriber, you can register for your complimentary digital pass here to watch the event online on February 28-29, or save £200 on your in-person pass to join us at The Biltmore Mayfair on...
...Get a private equity fund to finance your bid. That is the route Nasdaq-listed Viavi has chosen to go down....
...I’ll make some phone calls on these, and a few others, in the weeks to come. In the meantime, I’m keen to hear your thoughts on where the bargains are....
...For now, LLMs need a lot of expensive chips (Nvidia sold $47.5bn in the last fiscal year and can’t meet demand), but on a decade’s view the models will get more efficient and the chips will be everywhere...
...I can report that Los Angeles in January is a lot more pleasant than New York in January, and that the best song to blast out of your rental car window on Rodeo Drive is the Decemberists’ “Los Angeles, I...
...Weighted average is probably a fairer representation of the value you are getting when you buy the whole lot....
...Nevertheless, a lot hangs on avoiding negative equity. The balance sheet test written into SAR legislation would be triggered if Thames Water’s enterprise value is below its £15.6bn of net debt....
...Stephen Spender’s novel The Temple is a semi-autobiographical work that draws on a summer spent in Weimar Germany in 1929 with a group of friends who included WH Auden, Christopher Isherwood and Herbert...
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