Tag: fast
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Google’s Waymo plans first Canada robotaxi service in Toronto in 2028
Oct 16 : Google’s Waymo said on Friday it plans to bring its autonomous ride-hailing service to Toronto in 2028, marking the self-driving company’s first planned deployment in Canada and its latest move to expand beyond the US.Here are some details:• Waymo, which operates commercial robotaxi services
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Germany to unveil Nvidia AI agreement next week, government sources say
BERLIN, Oct 16 : Germany is set to announce a cooperation agreement with US chipmaker Nvidia next week to expand the use of artificial intelligence in German industry, government sources said on Friday, adding the plan will involve partners beyond Nvidia and be a major contribution to industrial AI. Business
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Why CoreWeave’s troubles are rattling the AI boom
Oct 15 : CoreWeave’s mounting debt is raising fresh concerns about the AI boom, as investors question whether demand can justify the billions being borrowed to build data centres.Shares and bonds of the Nvidia-backed company have tumbled despite its CEO’s assurances of a strong contract backlog, fueling a bro
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Newly identified green star leaves astronomers amazed
WASHINGTON, Oct 16 : Astronomers for the first time have identified a green star, documenting a dense stellar remnant called a white dwarf that became a ghostly shade of chartreuse after ingesting rocky debris from planets that once had orbited it.A star’s color typically is governed by its temperature, with
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UK competition regulator targets Microsoft’s business software grip
Oct 16 : Britain’s competition watchdog proposed on Friday to designate Microsoft with “strategic market status” in business software, a move that could pave the way for interventions in how the US tech major bundles products such as Excel, Teams and its Copilot AI assistant.The Competition and Markets Author
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AWS, Microsoft can do more to address cloud services barriers, UK competition watchdog says
Oct 16 : Britain’s competition watchdog said on Friday that Amazon Web Services and Microsoft can do more to address remaining barriers to switching between cloud providers and using multiple cloud services to deliver greater customer choice in the UK.The Competition and Markets Authority said it would keep t
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Stablecoin issuer Circle to push into 40 new markets, CEO says
BANGKOK, Oct 16 : Stablecoin issuer Circle is making a major push to enter about 40 emerging and developing countries around the world as blockchain adoption is expected to scale up significantly, the company’s CEO and chairman Jeremy Allaire told Reuters. “We’re kind of going through an inflection point…a
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China’s central bank to further open up Chinese financial markets to foreigners
“China’s steady economic growth and rapid development of high-tech industries provide solid support for RMB assets,” said China’s central bank governor Pan Gongsheng.
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Chelsea captain James has surgery after training injury
MANCHESTER, England, Oct 16 : Chelsea captain Reece James has undergone successful minor knee surgery after suffering an injury in training, the club said on Friday.• The 26-year-old was injured ahead of Chelsea’s 5-1 victory over Bournemouth at Stamford Bridge on Saturday, and sat out that game• T
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CoreWeave bond rout tests market’s math on AI buildout
PROVIDENCE, Rhode Island/NEW YORK, Oct 16 : A sharp decline in CoreWeave’s bonds this week is emerging as a test of investors’ willingness to keep financing the massive buildout of AI infrastructure, as rising borrowing costs and scrutiny of debt-funded expansion hit the sector.Analysts and portfolio managers
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