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Oracle Looks to AI and Microsoft Partnership to Lift Cloud Business
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Microsoft is asking hundreds of employees in its China-based cloud-computing and AI operations to consider transferring outside the country, as it finds itself caught in the crosshairs of escalating U.S.-China tensions.
Microsoft is asking hundreds of employees in its China-based cloud-computing and AI operations to consider transferring outside the country, as it finds itself caught in the crosshairs of escalating U.S.-China tensions.The Wall Street Journal - World -
Chinese search-engine giant Baidu reported a drop in quarterly profit, but beat estimates, helped by stable online marketing revenue and rising sales from its AI Cloud business.
Chinese search-engine giant Baidu reported a drop in quarterly profit, but beat estimates, helped by stable online marketing revenue and rising sales from its AI Cloud business.The Wall Street Journal - World -
Why Microsoft is still ahead of Google in the war for AI developers
Google, despite its technical prowess, will need to double down on its efforts to simplify and streamline its AI offerings for developers if it hopes to catch up.VentureBeat - Tech - Google -
Ampere scales CPU to 256 cores and partners with Qualcomm on cloud AI
Ampere announced its AmpereOne chip family will grow to 256 cores. And the company will also work with Qualcomm on cloud AI accerlators.VentureBeat - Tech -
Business locked in expensive AI 'arms race'
Business leaders feel pressure to invest in AI but the costs are formidable.BBC News - Top stories -
Microsoft Asks Hundreds of China-Based AI Staff to Consider Relocating Amid U.S.-China Tensions
The request comes as the Biden administration toughens controls on China’s access to cutting-edge American technology.The Wall Street Journal - Tech - China
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China Is Finally Getting Serious About a Housing Rescue
Beijing has eased mortgage rules and urged local governments to buy unsold houses in some of policymakers’ boldest moves yet to revive the property sector.The Wall Street Journal - World - China -
Oil Prices Rise on Positive Inflation Data, Stockpile Falls
Oil prices rose, with positive sentiment supported by positive economic data and a fall in inventories.The Wall Street Journal - World -
German Bunds Seen More Attractive Than U.S. Treasurys in Near Term
German Bunds look to offer more value versus Treasurys during the countdown to ECB interest-rate cuts, but major rallies in Bunds are unlikely, Societe Generale said.The Wall Street Journal - World - Germany -
Glynn's Take: RBA Gov. Bullock Alone in Fight to Tame Inflation
Reserve Bank of Australia Gov. Michele Bullock will have realized this week that she is now on her own when it comes to getting inflation down.The Wall Street Journal - World -
Richemont Names New CEO
Richemont said it appointed Nicolas Bos, currently chief of its French jewelry brand Van Cleef & Arpels, as its CEO.The Wall Street Journal - World