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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…
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Sept 29 : Australian IT firm Megaport said on Tuesday that it signed three new AI Infrastructure contracts worth a combined A$978.6 million ($686.78 million) and upgraded its earnings forecast for 2027.Here are some more details:• The…
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Sept 28 : Anthropic is making a massive bet that AI will transform the global economy more profoundly than industrialization, electricity and the internet, according to its IPO prospectus seen by Reuters.But the cost to get there will be…
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Sept 29 : Australia's Firmus said on Tuesday it had signed AI infrastructure agreements with Facebook parent Meta Platforms for graphics processing unit compute capacity at its data centre facilities in Southeast Asia.Here are some more…
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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…
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SAN FRANCISCO: OpenAI will not release its newest artificial intelligence model, known as Astra 6.1, after internal testing by the ChatGPT-maker revealed it did not meet safety standards, the company confirmed on Monday (Sep 28).The news…
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How quickly displaced workers find another job, and what happens to their earnings afterwards, may offer a fuller picture of Singapore’s labour market adjustment, says NTU’s Chua Yeow Hwee.
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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, a move that would give the chipmaker a foothold in research on physical AI systems that can…
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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…
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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…
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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…
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Sept 28 : Anthropic on Monday released Claude Sonnet 5.5, the second model in its Claude 5.5 family, as the AI lab expands its product lineup ahead of a planned IPO.Here are some more details:• Sonnet 5.5 is priced at $2 per million input…
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LONDON, Sept 28 : Bridgepoint and Astorg are considering selling Fenergo as dealmaking in the sector picks up, three people familiar with the matter said, with one saying the Irish fintech could be valued at more than £2 billion ($2.7…
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Sept 28 : Anthropic will not appear before an Australian senate committee hearing on AI on October 1, a source familiar with the matter said, days after a disclosure that an agent from OpenAI gained unauthorized access to the country's…
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Sept 28 : Florida’s attorney general asked a judge on Monday to bar OpenAI from developing new artificial intelligence models without outside oversight as part of its lawsuit accusing the company of harming children.Florida sued OpenAI in…
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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…
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Sept 28 : Fast-fashion platform Shein reported a sharp drop in sales in Europe in the second quarter after it hiked prices and cut online advertising in anticipation of the European Union imposing fees on low-value e-commerce parcels from…
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SAN FRANCISCO, Sept 28 : Cerebras Systems plans to supply AI chips and hardware with capacity to consume roughly 100 megawatts to startup Gimlet Labs to help run its cloud computing business, the companies said on Monday.The deal between…
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(Corrects company affiliation of Paul Wick, paragraph 8)By Krystal HuSept 28 : Seligman Investments has doubled the deployable capital of its venture arm to $1 billion less than a year after launching it, betting that the physical…
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Sept 28 : Meta Platforms has poached MongoDB CEO Chirantan "CJ" Desai to spearhead a new business designed to bring the social media giant's AI tools to corporate customers.Shares of the database software provider tumbled 18 per cent in…
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STARBASE, Texas, Sept 28 : - SpaceX's next-generation Starship rocket lifted off from Texas on Monday for its debut flight to orbit and first operational release of satellites, marking its 14th launch ahead of a routine service that Elon…
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Sept 28 : REDLattice has agreed to go public in the US through a special purpose acquisition deal with blank-check firm Bold Eagle Acquisition, the companies said on Monday. The transaction values the US-based defense technology company at…
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Sept 28 : Satellite maker Astro Digital said on Monday it had agreed to go public through a merger with blank-check company Proem Acquisition Corp I, in a deal valuing the company at about $587 million.Here are some details:• Early-stage…
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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…
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