With artificial intelligence, businesses today can use data to bring in new levels of efficiency, streamline operations, and get a competitive advantage. The same goes for the insurance industry. Insurance underwriting is the key area that AI will impact. It is the backbone of all operations, needing detailed analysis and a good understanding of market ... Read more ›
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Letta, a generative AI startup from UC Berkeley’s AI research lab, has emerged from stealth mode with a $10 million seed funding round. The round was led by Felicis, with participation from Sunflower Capital, Essence VC, and notable angel investors such as Jeff Dean, Clem Delangue, Cristobal Valenzuela, and Robert Nishihara. The company plans to ... Read more ›
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China has announced its largest economic stimulus since the pandemic, causing significant effects on global stocks and commodities. The CSI 300, China’s benchmark index, surged 4.3%, while the renminbi dropped 0.6%. Oil skyrocketed over 4.5% to a decade-plus high, and copper futures extended their gains. The Chinese government will have to act “very quickly in ... Read more ›
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Jony Ive, the former Apple designer, is working on a new startup with OpenAI and its CEO, Sam Altman. The collaboration was confirmed by Ive in a recent profile about his activities since leaving Apple five years ago. Fascinating (premature?) victory lap from Sam Altman & OpenAI. This is quite the declaration. Take this sort ... Read more ›
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Ubisoft has announced that the launch of “Assassin’s Creed Shadows” will be delayed until February 14, 2025. Assassin’s Creed Shadows has been delayed until February 24, 2025. pic.twitter.com/uNHyUkYWRX — Geoff Keighley (@geoffkeighley) September 25, 2024 The game was initially planned for release on November 15, but the publisher cited weak performance of their recent title, ... Read more ›
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The U.S. Department of Energy has awarded over $3 billion in grants to 25 projects across 14 states. The goal is to boost domestic production of batteries and battery materials. Several lithium-ion battery recycling projects are part of this new funding round. American Battery Technology Co. received $150 million. Clarios Circular Solutions received $150 million. ... Read more ›
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The S&P 500 and Dow Jones Industrial Average closed lower on Thursday. Investors waited for key insights on Federal Reserve interest rate decisions and upcoming economic data. Major U.S. indexes showed mixed results at the close. The US 60/40 portfolio (60% stocks, 40% bonds) is up over 29% since it was declared "dead" last October. ... Read more ›
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Corporate Venture Capital (CVC) is when big companies invest in startup businesses. This helps them stay ahead in fast-changing markets, gain new ideas, and sometimes even buy those startups later. Over the years, CVC has become more popular and important, especially as technology keeps evolving quickly. This article will explore what CVC is, its goals, ... Read more ›
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Loan proceeds are an essential part of understanding how loans work. They represent the money that borrowers receive from lenders after all fees are deducted. This article will explore the definition of loan proceeds, how they are calculated, their uses, and the implications they carry for borrowers. By breaking down these concepts, we aim to ... Read more ›
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The Soonicorns Summit 2024 has come to a close in Bengaluru, India. The event brought together investors, entrepreneurs, and industry experts to discuss the growing venture capital funding in India. Panelists at the summit said India is having its “moment to shine” as VC funding has increased by 45% in the first half of this ... Read more ›
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Ubisoft has announced the cancellation of its online appearance at the Tokyo Game Show due to “various circumstances.” The company has also canceled press previews for its upcoming game, Assassin’s Creed Shadows. The press previews were scheduled for next week, with the embargo date set to be announced at that time. Despite these cancellations, Assassin’s ... Read more ›
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Jim Cramer discussed several stocks on his show “Mad Money.” He called Wells Fargo a “winner” and a stock that could go higher. Wells Fargo recently launched specialized APIs for its Commercial Banking clients. These APIs provide real-time data access to boost sales, improve liquidity, reduce credit risk, and cut expenses for floorplan and channel ... Read more ›
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Intel Core Ultra 9 288V / Lunar Lake Core-to-Core Latency – the numbers are in the range presented by Intel @hotchipsorg. Full review: https://t.co/tkN2U721Ri pic.twitter.com/uXqqr3dfd4 — Andreas Schilling 🇺🇦 🇮🇱 (@aschilling) September 24, 2024 Intel’s latest entry into the laptop processor market, the Lunar Lake series, is designed to compete directly with Qualcomm’s Snapdragon and ... Read more ›
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The S&P 500 and Dow Jones Industrial Average closed at record highs on Tuesday. Investors digested China’s aggressive stimulus measures and a notable dip in US consumer sentiment. The tech-heavy Nasdaq Composite rose 0.56%, leading the day’s gains. The Chinese government will have to act “very quickly in the weeks ahead to implement additional measures ... Read more ›
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State of Play returns tomorrow! Watch live at 8am AEST on 25th September for news and updates on over 20 titles: https://t.co/WxViyDs7OG pic.twitter.com/UOKBIdrrep — PlayStation AU (@PlayStationAU) September 24, 2024 Sony’s PlayStation State of Play event in September 2024 showcased a thrilling lineup of upcoming games for PS5 and PS VR2. The event was packed ... Read more ›
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Samsung has unexpectedly opened US pre-orders for its Galaxy S24 FE smartphone, starting at $650. The surprise launch occurs amidst high anticipation for the device, which offers advanced features at a competitive price point. Samsung Galaxy S25 Ultra Spotted on Geekbench with Snapdragon 8 Gen 4 chipsethttps://t.co/x41jRwNDUK — Sudhanshu Ambhore (@Sudhanshu1414) September 24, 2024 The ... Read more ›
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South Africa’s manufacturers remain confident about future business conditions, according to the latest Absa Manufacturing Survey. The survey, conducted by the Bureau for Economic Research at Stellenbosch University, showed that confidence held steady at 28 points in the third quarter of 2024. Manufacturers’ optimism was driven mainly by the formation of the Government of National ... Read more ›
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Alan, the French health insurance startup, has secured a significant €173 million (approximately $193 million) in its Series F funding round. This investment has boosted the company’s valuation to an impressive €4 billion ($4.5 billion). Belfius, one of Belgium’s largest banks, led the funding round, with participation from existing investors such as Ontario Teachers’ Pension Plan, ... Read more ›
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Samsung has begun taking pre-orders for the Galaxy S24 FE in the US, with prices starting at $650. The move comes as a surprise, as the phone has not been officially announced yet. Samsung Galaxy S25 Ultra Spotted on Geekbench with Snapdragon 8 Gen 4 chipsethttps://t.co/x41jRwNDUK — Sudhanshu Ambhore (@Sudhanshu1414) September 24, 2024 The Galaxy ... Read more ›
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The Bureau for Economic Research (BER) at Stellenbosch University has conducted business tendency surveys for 70 years. These surveys provide vital indicators of economic trends long before official statistics are released. The surveys cover a range of questions about business activity, demand, selling prices, inventories, investment, and constraints hindering investment. The key question is simple: ... Read more ›
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Tech Wire Asia
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Business Insider
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24% 2 |
CNET
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8% 3 |
Eurogamer.net
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5% 1 |
Android Authority
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4% 1 |
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28.11.2024 13:42
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