Tag: fast
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UPDATE 1-Ronaldo leaves Portugal camp after coach Jesus confirms rift
COPENHAGEN, Sept 30 : Cristiano Ronaldo’s international future was plunged into doubt on Wednesday when he abruptly left Portugal’s training camp in Copenhagen shortly after coach Jorge Jesus acknowledged tensions between the pair.The 41-year-old’s departure came a day before Portugal face Denmark in th
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Exclusive-Anthropic’s IPO pitch embraces AI’s promise and peril
SAN FRANCISCO/NEW YORK, Sept 30 : Anthropic is planning what could be the largest initial public offering in history. But if AI continues on its current trajectory, humans may not be around much longer to enjoy it. That and other paradoxes flow through the roughly 300-page initial public offering prospectus
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Toyota to invest $1.34 billion in Argentina EV plant
Sept 30 : Automaker Toyota Motor will invest $1.34 billion to develop a plant to produce a fully electrified vehicle in Argentina, Economy Minister Luis Caputo said on Wednesday.This represents the largest ever single investment in the country’s automotive industry, Caputo said.• Caputo said the proj
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Micron forecasts quarterly revenue, profit above estimates on AI memory demand
Sept 30 : Micron Technology forecast quarterly revenue above estimates on Wednesday, signaling it expects the AI-driven memory chip boom to continue powering its growth.Shares of the Boise, Idaho-based company rose over 1 per cent in extended trading. The stock has more than tripled so far this year.Th
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Smiles and respect as Fury and Joshua have first face off ahead of December fight
LONDON, Sept 30 : Former heavyweight world champions Tyson Fury and Anthony Joshua came face to face on Wednesday as their long-awaited clash finally looked real after years of doubt, even in recent days, that they would ever get it together.The pair, 38 and 36 years old respectively and veterans some way pas
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Ronaldo leaves Portugal camp amid reports of rift with coach Jesus
COPENHAGEN, Sept 30 : Cristiano Ronaldo confirmed on Wednesday he had left Portugal’s training camp after a turbulent few hours in Copenhagen, amid reports of a dispute with coach Jorge Jesus, on the eve of their Nations League match against Denmark.”Following the national team manager’s press conference, and
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Synopsys, OpenAI strike deal to develop AI model for chip design work
SAN FRANCISCO, Sept 30 : Synopsys, a maker of software used in designing computing chips, said on Wednesday that it has struck a deal to share revenue with OpenAI as the two develop an AI model for the chip business.GPT-Synopsys, as the model will be called, will be specifically trained and tuned to take on…
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New World Development ends airport mall agreement with $2.3 billion charges
Sept 30 : New World Development said on Wednesday its cash crunch had eased further after expanding a loan facility by around HK$1 billion ($127.45 million) and terminating operating rights for a shopping mall next to the Hong Kong airport.The Hong Kong property developer, the most heavily indebted among its
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SNB’s Tschudin voices concern about stablecoin impact on central banks
ZURICH, Sept 30 : The Swiss National Bank is cautious about the use of digital stable coins, because the technology could make the transmission of monetary policy more difficult, governing board member Petra Tschudin said on Wednesday.”When we introduce innovations, we really need to ask what consequences the
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ElevenLabs’ valuation doubles to $22 billion on surging AI voice-agent demand
Sept 30 : ElevenLabs said on Wednesday it had completed a $300 million employee tender offer valuing the AI voice generation startup at $22 billion, twice the valuation it secured in its February funding round.The tender was led by Wellington and T. Rowe Price, with participation from existing backers such as
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