Lilac Solutions said on Tuesday the latest version of its lithium extraction technology can recover more than 90% of the lithium found in many brine formations, and that it has cut the construction cost of its system by 50%.
Shareholder support for the reappointment of SoftBank Group Chief Executive Masayoshi Son has fallen to 79.22% from 95.93% a year ago after proxy advisor Institutional Shareholder Services (ISS) recommended against his reappointment, a stock market filing showed on Tuesday.
Nvidia short sellers have raked in nearly $5 billion in paper profits from the AI chip designer’s sharp selloff over the past three sessions, according to data analytics firm Ortex Technologies.
Software and robotics startup Bright Machines raised $106 million in a Series C funding round that included Nvidia and Microsoft as investors, the company said on Tuesday.
Artificial-intelligence startup Etched said on Tuesday it has raised $120 million in a series-A funding round that the company plans to use to further develop its specialized chip.
Central banks should embrace the benefits of artificial intelligence (AI) the Bank for International Settlements (BIS)has said, but stressed the technology should not replace humans when it comes to setting interest rates.
Chinese phone maker Huawei lead in smartphone sales in China in the May 20-June 16 period that coincided with the 618 shopping festival, selling 42.4% more than a year ago, Counterpoint Research said on Tuesday.
Italian market watchdog Consob has been testing artificial intelligence (AI) for use in the initial approval process of listing prospectuses and to help identify insider trading, the authority said on Tuesday.
Microsoft faces a hefty antitrust fine after the European Commission on Tuesday accused it of illegally linking its chat and video app Teams with its Office product, giving it an unfair advantage over rivals such as Slack.
