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Apple announces that its head of AI will leave; the successor previously worked at Google DeepMind and Microsoft.

Apple announces that its head of AI will leave; the successor previously worked at Google DeepMind and Microsoft.

``` On December 1, Apple announced that its head of Artificial Intelligence (AI) department, John Giannandrea, will step down from his position and be succeeded by Amar Subramanya, an AI researcher who recently worked at Microsoft. According to his LinkedIn profile, he previously worked at Google's DeepMind. Apple stated

A 24% premium still failed! BHP reportedly had its £40 billion offer rejected, while Anglo American insists on pursuing its own merger plans.

A 24% premium still failed! BHP reportedly had its £40 billion offer rejected, while Anglo American insists on pursuing its own merger plans.

Recent news shows that despite a premium of more than 20% over the offer, BHP Group, the world’s largest mining company, has failed in its second attempt to acquire Anglo American. On Monday, December 1st, Eastern Time, media reported that BHP Group offered about £40 billion (approximately $53 billion)

Nvidia invests 2 billion in EDA giant Synopsys; Jensen Huang hails "tremendous expansion opportunity," denies a closed-loop deal similar to OpenAI.

Nvidia invests 2 billion in EDA giant Synopsys; Jensen Huang hails "tremendous expansion opportunity," denies a closed-loop deal similar to OpenAI.

Nvidia Announces Another Major Partnership, This Time Different from the “AI Closed Loop” Deals That Worry Wall Street, Like Investments in OpenAI Before the US stock market opened on Monday, December 1 (EST), Nvidia and leading electronic design automation (EDA) company Synopsys announced a strategic partnership. Nvidia will invest $2

AI closed-loop trading sparks new controversy: OpenAI invests in Thrive Holdings, possibly targeting more private equity firms

AI closed-loop trading sparks new controversy: OpenAI invests in Thrive Holdings, possibly targeting more private equity firms

OpenAI, which was reportedly valued at $500 billion a month ago, is consolidating its ecosystem in the artificial intelligence (AI) sector through a series of circular transactions, further intensifying market doubts about closed-loop deals in the AI industry. On Monday, December 1, Eastern Time, OpenAI announced its investment in Thrive

Jane Street and Citadel Securities delivered strong third-quarter results and are on track for a record year.

Jane Street and Citadel Securities delivered strong third-quarter results and are on track for a record year.

Jane Street and Citadel Securities’ third-quarter trading revenue growth has further eroded Wall Street banks’ dominance in this sector, putting both market makers on track to set annual records. According to media reports citing people familiar with the matter, Jane Street’s revenue rose 18%, bringing the company’s third-quarter

Dragged down by holidays, India's industrial output growth in October fell to 0.4%, hitting a 14-month low.

Dragged down by holidays, India's industrial output growth in October fell to 0.4%, hitting a 14-month low.

India’s industrial output growth in October sharply slowed to 0.4%, hitting the lowest level in 14 months and highlighting the evident growth pressures facing Asia’s third-largest economy. On December 1, India’s Ministry of Statistics and Programme Implementation released the Index of Industrial Production (IIP) data, showing

Tesla under pressure in the European market: November registrations in France, Sweden, and Denmark nearly halved, while Norway surged by 175%.

Tesla under pressure in the European market: November registrations in France, Sweden, and Denmark nearly halved, while Norway surged by 175%.

Tesla’s sluggish sales in major European markets continue to intensify. Despite launching the updated version of its best-selling Model Y, registrations in several countries plummeted sharply in November, highlighting the company’s struggle as its market share in Europe erodes. On December 1st, official data showed Tesla’s registrations