Tag: fast
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Oil prices rise as Iran deploys new tactics to target tankers
LONDON, Oct 14 : Oil prices edged higher on Wednesday after two vessels were struck in the Strait of Hormuz and Iranian officials told Reuters they were deploying new tactics to target ships, seeking to keep oil prices high and influence the US midterm elections.Brent crude futures rose 3 cents to $105.72
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ASML says AI demand will exceed chip-tool capacity through 2028
Oct 14 : ASML said booming AI demand was driving orders for its chipmaking tools into 2030, with customers seeking more capacity than it can supply next year and through 2028, adding to concerns over supply shortages.Customers are already discussing orders beyond 2027, with some expressing interest in booking
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H&M says website availability affected by maintenance, not external influence
OSLO, Oct 14 : H&M is performing a routine maintenance update on its digital platforms, which is taking longer than expected, affecting the availability of its retail websites, the Swedish company said in a statement to Reuters on Wednesday.The disruption “is not related to any external events or external inf
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Chip tool giant ASML nudges up outlook as AI-driven demand outruns supply
Oct 14 : ASML said on Wednesday that AI-driven demand for its chip-printing tools is so strong that it will not be able to fully meet customer demand in 2027 or 2028 and that it is looking at ways to expand capacity as it raised its full-year sales outlook.The world’s biggest supplier of chipmaking equipment
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Nvidia pledges $250 million to UK AI safety research
LONDON, Oct 14 : US chipmaker Nvidia has pledged $250 million worth of computing resources to Britain over five years, to fund AI security research, bolstering the country’s ambitions to become a global centre for AI governance and security.While Britain is not home to any major AI developers, it is seeking a
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LSEG taps Nvidia for faster historical market data processing
Oct 14 : The London Stock Exchange Group said on Wednesday it has partnered with Nvidia to help financial institutions process and analyse large volumes of historical market data faster and at scale using the US chipmaker’s technology.LSEG, which operates the London Stock Exchange and provides data and analy
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Stripchat loses legal fight against EU tech label
BRUSSELS, Oct 14 : Adult content platform Stripchat, a subsidiary of Cyprus’s Technius, on Thursday lost its legal challenge against EU tech regulators’ decision to include it in a list of companies subject to stringent requirements under landmark online content rules after Europe’s second-highest court rejected i
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Oil prices rise as Iran deploys new tactics to target ships transiting Hormuz
TOKYO, Oct 14 : Oil prices climbed on Wednesday after two vessels were struck in the Strait of Hormuz and Iranian officials told Reuters they were deploying new tactics to target ships, as Tehran seeks to keep oil prices high and influence the US midterm elections.Brent crude futures rose 34 cents, or 0.3 per
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Google DeepMind, Google Cloud to allow European researchers access to frontier models
BRUSSELS, Oct 14 : Google DeepMind and Alphabet’s cloud service Google Cloud will provide up to 200 European scientific researchers with direct access to their frontier models, together with $3 million in compute credits, the U.S. tech giant said on Wednesday.• The move will give researchers direct access t
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Nvidia pledges $250 million to boost UK AI safety research
Oct 14 : US-chipmaker Nvidia said on Wednesday it would donate computing resources valued at $250 million over five years to support agentic AI safety and security research in the United Kingdom.The commitment provides $50 million in compute access annually, with a portion going to Oxford-led lab BOLD, UCL-le
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