Tag: fast
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Brazilian Camara to replace Ocon at Haas F1 team next season
LONDON, Oct 15 : Brazilian Rafael Camara will race for Haas next season after signing a multi-year deal, the U.S.-owned Formula One team said on Thursday.The 21-year-old Ferrari Academy driver leads the Formula Two standings with two rounds remaining, after winning the F3 title last year.He will be the
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Fintech startup Ramp hits $60 billion valuation after $1.85 billion funding round
Oct 15 : Financial technology startup Ramp said on Thursday it had raised $1.85 billion in a primary financing round led by Dragoneer Investment Group, valuing the company at $60 billion, as the company expands its artificial intelligence offerings.The funding underscores growing investor interest in financia
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Small states must have say as world shapes new compact with tech giants: Vivian Balakrishnan
Dr Balakrishnan called for a compact between governments, tech firms and the wider international community to “develop common norms and guardrails so that we can accelerate the pace of technology and reap its benefits, but also deal with the risks”.
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CERN and Mistral partner to build AI foundation models for physics
Oct 15 : European physics research centre CERN and Mistral AI have signed a statement of intent to establish a long-term strategic partnership to develop foundation models for scientific discovery, the two organisations said on Thursday.The partners aim to build a “Large Physics Model”, which CERN said in a s
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NYC Comptroller Levine urges Anthropic to pause US IPO, CNBC reports
Oct 15 : Anthropic should delay its US IPO until it addresses concerns about safety, governance and the pace of development, urged New York City Comptroller Mark Levine in a letter to the AI lab’s CEO Dario Amodei, CNBC reported on Thursday.AI systems have advanced rapidly over the past 12 months, outpacing
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Microsoft president warns green-card curbs could hurt US tech, Politico reports
Oct 15 : Microsoft President Brad Smith warned the Trump administration’s move to restrict green-card access for skilled foreign workers could hurt US technological competitiveness and drive talent overseas, Politico reported on Thursday.In the interview, Smith also pushed back against Vice President JD Van
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Manchester City march on with title charge clouded by financial case
MANCHESTER, England, Oct 15 : Manchester City will attempt to keep their perfect Premier League start rolling at home to Ipswich Town on Saturday, with uncertainty over their punishment for financial rule breaches continuing to hang over the leaders.Enzo Maresca’s City have won their opening six league games
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US Treasury pushes global partners to rename AI as ‘super intelligence’
BANGKOK, Oct 15 : The United States wants its global partners to rename artificial intelligence as “super intelligence,” convinced that the new moniker better reflects the emerging technology, a top US Treasury official told Reuters in an interview on Thursday.Treasury Undersecretary for International Affairs
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India’s Wipro beats second-quarter revenue expectations, deal bookings drop
BENGALURU, Oct 15 : Wipro, India’s fourth-largest IT company, reported higher-than-expected second-quarter revenue on Thursday, helped by a revival in spending by its European clients and artificial intelligence unlocking new revenue streams.The company’s consolidated revenue rose 9.1 per cent to 247.53 billi
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ATP eyes $350 million player compensation, welfare boost by 2028
BENGALURU, Oct 15 : The ATP outlined plans on Thursday to substantially boost its bonus pool and reshape its rankings and calendar from 2028 under a package projected to lift player compensation to $350 million while seeking to ease growing concerns over player workload.The men’s and women’s tours have faced
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