Tag: fast
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OpenAI takes on Meta with always-on Dots agent in enterprise AI push
SAN FRANCISCO, Sept 29 : OpenAI on Tuesday unveiled always-on agents called Dots that chase user goals across apps on their own, deepening its push into the lucrative enterprise market and pitting it against Meta in the race to sell AI that can work autonomously. The Dots agents aim to capitalize on growing
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US appeals court upholds Thomson Reuters’ landmark win in AI training lawsuit
Sept 29 : A US appeals court on Tuesday upheld a ruling for information services company Thomson Reuters in its copyright dispute with former legal-research rival Ross Intelligence over Ross’ alleged misuse of copyrighted material to train an AI-powered legal search engine.The Philadelphia-based 3rd US Circ
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Exclusive-Tiger Global, Dragoneer in talks to invest in Kalshi’s new $1 billion fundraise, sources say
NEW YORK, Sept 29 : Kalshi is in advanced discussions to raise about $1 billion in fresh funding from existing and new investors, including Tiger Global Management and Dragoneer Investment Group, according to people familiar with the matter, as the prediction markets exchange looks to cement its lead over arch-riva
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OpenAI’s annualized recurring revenue nears $70 billion, source says
Sept 29 : OpenAI’s annualized recurring revenue is approaching $70 billion, driven by a more than twofold increase in enterprise sales since July, a source familiar with the matter told Reuters on Tuesday.The startup’s annualized revenue run rate has risen by more than 70 per cent since the beginning of the t
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Chip startup Efficient Computer raises $97 million at $650 million valuation
(Corrects headline and paragraphs 1 and 9 to reflect that Efficient Computer raised $97 million, not $100 million)By Stephen NellisSAN FRANCISCO, Sept 29 : Efficient Computer, a chip startup spun out of Carnegie Mellon University, on Tuesday said it has raised $97 million in additional funding, bringi
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Ferrari seek to quell speculation around Vasseur
Sept 29 : Ferrari sought to silence speculation around Formula One team boss Fred Vasseur, and talk of Christian Horner possibly replacing him, with a statement of ‘full confidence’ in the Frenchman on Tuesday.Ferrari’s head of communications Maria Conti told reporters in a virtual press conference that the I
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Apple’s Ternus eyes engineering-led overhaul, Bloomberg News reports
Sept 29 : Apple’s new chief executive officer, John Ternus, is weighing a broad overhaul of the iPhone maker aimed at sharpening its engineering focus, introducing products more frequently and creating a leaner organization, Bloomberg News reported on Tuesday.The early ideas under consideration include moving
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LA28 Games torch relay to travel through all 50 US states
ATLANTA, Sept 29 : The torch relay for the 2028 Los Angeles Olympics will travel through all 50 US states, beginning its domestic journey in Atlanta in a nod to the city’s hosting of the 1996 Summer Games, LA28 said on Tuesday.LA28 Chairperson and President Casey Wasserman joined Atlanta Mayor Andre Dickens
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‘The emperor is naked’: UEFA’s Ceferin takes aim at FIFA boss Infantino
COPENHAGEN, Sept 29 : UEFA President Aleksander Ceferin said ‘the emperor is naked’ on Tuesday in a blistering attack on FIFA President Gianni Infantino and his failed plan to sell a stake in the governing body’s commercial rights to private investors.Addressing the European Football Clubs General Assembly in
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European telcos may get more time to phase out high-risk suppliers under EU proposal
BRUSSELS, Sept 29 : Europe’s mobile telecoms operators could get more time to phase out equipment from suppliers deemed high risk, according to a proposal by EU governments seen by Reuters, after the sector complained replacement could reach €40 billion ($45 billion).The European Commission proposed in J
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