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AI agent firm Instinct raises $1 billion in latest funding round

Sept 28 : AI firm Instinct said on Monday it raised $1 billion in its latest funding round, quadrupling its valuation to $10 billion, driven by soaring interest in agentic AI. The round drew investments from Sequoia Capital, Benchmark…

AI agent firm Instinct raises $1 billion in latest funding round

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Nvidia boosts share buyback by record $150 billion as AI boom fuels growth

Sept 28 : Nvidia boosted its share buyback authorization by a record $150 billion, eclipsing Apple's $110 billion approval in 2024, making a big bet on its own stock as intensifying AI-chip competition weighs on its performance relative to…

Nvidia boosts share buyback by record $150 billion as AI boom fuels growth

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Nvidia adds $150 billion to existing share repurchase plan

Sept 28 : Nvidia boosted its share buyback authorization by a record $150 billion, eclipsing Apple's $110 billion approval in 2024, making a big bet on its own stock as intensifying AI-chip competition weighs on its performance relative to…

Nvidia adds $150 billion to existing share repurchase plan

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Roche outlines plans to move towards autonomous AI labs

ZURICH, Sept 28 : Swiss pharmaceutical giant Roche outlined plans to move towards autonomous AI labs to speed up research and development discovery at its pharma investor day on Monday.Roche is committed to "AI independence" in R&D and has…

Roche outlines plans to move towards autonomous AI labs

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Prediction markets' push into US stocks raises regulatory alarm bells

WASHINGTON, Sept 28 : Prediction markets are fast becoming alternative venues for traders to wager on US companies like Tesla and Apple, raising concerns about investor protection and market oversight, according to independent data and…

Prediction markets' push into US stocks raises regulatory alarm bells

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Apple, Amazon face revived UK consumer lawsuit over product sales

LONDON, Sept 28 : Britain's Competition Appeal Tribunal allowed part of a revived consumer lawsuit against Apple and Amazon to proceed on Monday over claims they restricted competition.The lawsuit alleges Apple and Amazon agreed in 2018 to…

Apple, Amazon face revived UK consumer lawsuit over product sales

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Apple and Amazon face revived UK consumer lawsuit over product sales

LONDON, Sept 28 : Britain's Competition Appeal Tribunal on Monday allowed part of a consumer lawsuit against Apple and Amazon to proceed over claims they restricted competition in the sale of Apple products on Amazon's UK marketplace.The…

Apple and Amazon face revived UK consumer lawsuit over product sales

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Global AI trade could revive after recent pullback, J.P. Morgan says

Sept 28 : The recent pullback in the global AI trade has improved investor positioning, made valuations attractive and could spur a re-engagement, particularly in semiconductor stocks, J.P. Morgan analysts said on Monday.Here are a few…

Global AI trade could revive after recent pullback, J.P. Morgan says

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ESA taps OVHcloud, CGI to build system for Earth observation data

Sept 28 : OVHcloud and CGI have won a 30-month European Space Agency contract to build computing infrastructure to store and process Europe's Earth observation satellite data, the companies said on Monday.The award reflects the European…

ESA taps OVHcloud, CGI to build system for Earth observation data

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Thailand's August car production rises 10.9% on year

BANGKOK, Sept 28 : Car production in Thailand rose 10.93 per cent in August from a year earlier to 124,646 units, the Federation of Thai Industries said on Monday.• The reading follows a rise of 6.12 per cent in July.• August domestic car…

Thailand's August car production rises 10.9% on year

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Hong Kong launches 4-year euro digital green bond, term sheet shows

HONG KONG, Sept 28 : Hong Kong's government launched a benchmark-sized, four-year euro green bond in digital form and set final price guidance at 11 basis points above mid-swaps, according to a term sheet on Monday.Here are more details…

Hong Kong launches 4-year euro digital green bond, term sheet shows

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Bank of Japan debated need for faster rate hikes, July minutes show

TOKYO, Sept 28 : Many Bank of Japan policymakers saw the need to focus on mounting inflation risks, with some calling for faster interest rate increases, minutes of their July meeting showed, cementing the case for further hikes to…

Bank of Japan debated need for faster rate hikes, July minutes show

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Stocks fall as Middle East stalemate boosts oil

NEW YORK/LONDON, Sept 28 : Major stock indexes fell on Monday, as oil edged higher and Treasury yields extended their recent rise ahead of more expected interest-rate hikes from the Federal Reserve in coming months.The Nasdaq led Wall…

Stocks fall as Middle East stalemate boosts oil

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Stocks slip in Asia as oil and yields climb

NEW YORK/LONDON, Sept 28 : Major stock indexes fell on Monday, as oil edged higher and Treasury yields extended their recent rise ahead of more expected interest-rate hikes from the Federal Reserve in coming months.The Nasdaq led Wall…

Stocks slip in Asia as oil and yields climb
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