Tag: fast
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Anthropic’s path from AI startup to industry-defining IPO
Sept 28 : Anthropic’s IPO prospectus, reviewed by Reuters, laid out a sweeping vision in which AI would reshape the global economy more profoundly than industrialization, electricity and the internet, as the Claude maker moved closer to what could be the first listing by a frontier AI lab. Here is a look at t
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Samsung Electronics commits $1 billion to KKR-backed Helix Digital AI buildout
Sept 29 : KKR-backed AI infrastructure company Helix Digital said on Tuesday that Samsung Electronics has committed $1 billion through its capital fund to support the company’s global AI infrastructure buildout. Here are some details: • The commitment builds on more than $10 billion of capital alr
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OpenAI shelves new AI model after internal safety tests, WSJ reports
Sept 28 : OpenAI is scrapping the release of GPT-6.1 Astra, a next-generation AI model planned for an October debut, over safety concerns raised by researchers during internal testing, the Wall Street Journal reported on Monday.The model, expected to appear in ChatGPT and Codex, was designed to handle more co
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Mallorca keeper Cuellar in hospital after canteen structure collapses
Sept 28 : Real Mallorca goalkeeper Ivan “Pichu” Cuellar had a frightening start to the week when part of the decor in the club’s training ground dining room collapsed on him on Monday, leaving the 42-year-old with a serious head injury.The club said Cuellar was taken to hospital after the incident at the Ciut
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AMD acquires World Labs in $8.2 billion deal to bolster AI systems strategy
Sept 28 : Advanced Micro Devices said on Monday it would acquire Fei-Fei Li’s AI startup World Labs in an all-stock deal valued at $8.2 billion, giving the chipmaker deeper access to research on AI systems that can understand and simulate the physical world.The deal gives AMD a foothold in AI-model research a
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France snatch late winner in Belgium, Italy thrash Turkey 4-1 away
Sept 28 : France substitute Michael Olise scored two minutes from time as the visitors snatched a late 1-0 win against Belgium in the Nations League on Monday, while Italy returned to winning ways with a thumping 4-1 away triumph over Turkey.Fortunes ebbed and flowed in Brussels but Olise kept up France coac
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Infantino orders FIFA funding review after UEFA, CONCACAF seek $2.1 billion payout
COPENHAGEN, Sept 28 : FIFA President Gianni Infantino has ordered an assessment of proposals to distribute more money to national associations, following calls from UEFA and CONCACAF for a $2.1 billion payout from the governing body’s reserves, but stopped short of committing to an amount.In a letter to the
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Shein quarterly profit falls 67% as costs jump, Europe sales slump
Sept 28 : Fast-fashion platform Shein reported plunging profit and sliding European sales on Monday in its first results as a public company, feeding investor worries over margin pressure and slowing growth. Adjusted net profit was $228 million for the second quarter, down 67 per cent from a year ago, and its
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NASA chief says Boeing Starliner parts to be redesigned for 2028 flight
Sept 28 : NASA chief Jared Isaacman said on Monday that parts of Boeing’s Starliner spacecraft will be redesigned ahead of a crewed flight in 2028, and he added in a briefing that Starliner will fly up to five crewed missions to the International Space Station for NASA. Boeing has implemented fixes on Starli
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Japan’s Nidec CEO Mitsuya Kishida to resign, Nikkei reports
Sept 29 : Japanese motor maker Nidec’s president Mitsuya Kishida has decided to step down as CEO, the Nikkei business daily reported on Tuesday, based on information it obtained a day earlier.Kishida may submit his resignation as early as Tuesday, the report added.Here are some more details:•
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