In what is being viewed as the latest setback in its attempts to overtake rivals OpenAI and Microsoft, Google has decided to halt its artificial intelligence tool that generates images of individuals based on historical depictions that contain errors. Google… Read More ›
Strategy
Microsoft Becomes A Foundry Customer For Intel, Claims To Be On Pace To Surpass TSMC
According to Intel, Microsoft intends to use its services for the production of a custom computing chip. The business anticipates surpassing Taiwan Semiconductor Manufacturing Co., its main competitor in the advanced chip manufacturing market, by 2025, having met an internal… Read More ›
Hedge Funds And Goldman Sachs Increase Their Physical Uranium Activities As Prices Rise
As the price of the component used in nuclear fuel spikes, investment banks Goldman Sachs and Macquarie together with a few hedge funds are preparing themselves to profit from a newly buoyant uranium sector. Five industry and hedge fund sources… Read More ›
Bundesbank Says Germany Is Probably In A Recession
As a result of low external demand, cautious consumers, and high borrowing costs impeding domestic investment, Germany is most likely currently experiencing a recession, the Bundesbank stated on Monday in its customary monthly assessment on the continent’s largest economy. Germany’s… Read More ›
The Asian Currencies Expected To Gain From Expected Lowering Of Rates By US Fed This Year
While a rate cut by the US Federal Reserve later this year may not be good news for the dollar, certain Asian currencies could profit. A nation’s currency gains value when interest rates rise, drawing in foreign capital and boosting… Read More ›
Retailers Want The EU To Take More Action To End The Red Sea Problem
In a letter to Belgium’s foreign minister, the European retail sector association Eurocommerce stated that the Red Sea situation had already had “massive impacts” on businesses and urged EU institutions and member states to resolve it in order to restore… Read More ›
Internal Memos Show Mondelez Revamping Its European Operations Following Boycotts Related To Russian Business
The successful Russian branch of the Oreo cookie manufacturer Mondelez has appointed new management, according to two confidential company memos obtained by Reuters that provide new information about a corporate reorganisation in Europe. The Chicago-based Mondelez company halted advertising in… Read More ›
Amazon, Microsoft, Google, And Other Tech Companies Get Together To Fight False Information Related To Elections
Twenty of the top internet giants pledged jointly on Friday to fight artificial intelligence disinformation during this year’s elections. The industry is concentrating on deepfakes, which can imitate important players in democratic elections or spread misleading information about voting by… Read More ›
With Competition From China Intensifying, US And European Automakers Scramble To Cut The Price Of EVs.
Major European and American automakers are under intense pressure from their Chinese rivals to reduce the cost of electric vehicles in order to offer prices and profit margins that are comparable to those of fossil fuel versions, according to industry… Read More ›
IEA Is Turning Fifty And Is It Going Green? IEA’s Climate Turn Derated At Its Anniversary Meeting
This week, leaders in the energy sector, including ministers of energy, oil executives, and green investors, convened to commemorate the International Energy Agency’s founding 50 years ago and evaluate its evolving function as a global guide guiding the transition from… Read More ›