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27.12.25 - 02:42
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AI race: Coforge to acquire Encore in nearly $2 billion deal (Times of India)
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Mid-cap IT firm Coforge is set to acquire AI firm Encora for $2.3 billion, significantly expanding its presence in the hi-tech and healthcare sectors and deepening its North American footprint. This strategic move aims to accelerate Coforge's growth, boost its US business by 50%, and integrate Encora's $600 million revenue stream....
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27.12.25 - 01:06
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Need for speed: Chinese researchers unveil new technique for near-instant AI video creation (SCMP)
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A new technique called TurboDiffusion claims to be able to accelerate artificial intelligence video-generation speeds by up to 200 times at scale, without compromising overall image quality, according to a recently published paper.
The technique reduced the time needed to generate a five-second, standard-definition video clip from more than three minutes to just 1.9 seconds – a nearly 100 times acceleration – when it was tested on a consumer-grade system with Nvidia's RTX 5090 graphics......
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26.12.25 - 18:18
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What Will AI Flip Into? (Bloomberg)
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Hello and welcome to the newsletter, a grab bag of daily content from the Odd Lots universe. Sometimes it's us, Joe Weisenthal and Tracy Alloway, bringing you our thoughts on the most recent developments in markets, finance and the economy. And sometimes it's contributions from our network of expert guests and sources. Whatever it is, we promise it will always be interesting....
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26.12.25 - 16:01
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Stocks Touch Record as Nvidia Gains on AI Licensing Deal (Bloomberg)
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US stocks advanced toward a fresh record high in thin holiday trading, as yields on 10-year Treasuries slipped and investors shifted attention toward commodities. Nvidia Corp. climbed as analysts viewed a licensing deal with artificial intelligence startup Groq positively....
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26.12.25 - 15:48
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Nvidia Up on AI Licensing Deal, Biohaven Down on Study Results, Coforge Up (Bloomberg)
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- Shares of Nvidia (NVDA) edge higher in the premarket session as the company agreed to a licensing deal with artificial intelligence startup Groq.
- Shares of Indian technology services provider Coforge Ltd. (COFORGE IN) declined ahead of the US market open after the company agreed to buy Encora at an enterprise value of $2.35 billion in an all-stock deal.
- Shares of Biohaven (BHVN) fell as much 14 percent in US premarket trading after a mid-stage study of the company's experimental drug BHV-7000 for the treatment of major depressive disorder missed the primary endpoint. Trends favoring BHV-7000 were observed in some clinically relevant subgroups, including participants with more severe depression at screening and baseline, on primary and secondary outcome measures. (Source: Bloomberg)...
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26.12.25 - 15:18
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Die KI geht einkaufen - voraussichtlich ab 2026 (DPA-AFX)
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MÜNCHEN/DÜSSELDORF (dpa-AFX) - Auf Europas Verbraucherinnen und Verbraucher kommt im Online-Handel 2026 eine größere Neuerung zu: Die Einführung von KI-Agenten, die weitgehend selbstständig Einkaufsaufträge, Urlaubsbuchungen und dergleichen erledigen ......
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26.12.25 - 15:06
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China′s Zhipu AI ramps up push towards human-level AI, reiterates open source pledge (SCMP)
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Chinese AI start-up Zhipu AI said it would step up efforts next year in the pursuit of artificial general intelligence (AGI) while continuing to open source its AI models after its initial public offering.
In 2026 “we're going to contribute more substantially to the AGI journey,” Zheng Qinkai, a researcher at the company, which markets itself internationally as Z.ai, said in an Ask Me Anything (AMA) session hosted on US social media site Reddit.
AGI, referring to technology that matches human......
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26.12.25 - 15:00
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AI boom adds more than half a trillion dollars to wealth of US tech barons in 2025 (The Guardian)
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Elon Musk's net worth increased by nearly 50% to $645bn with founders of Google and Amazon also seeing huge wealth gainsA stock market boom in artificial intelligence companies has added more than half a trillion dollars to the wealth of America's tech barons in the past year, data shows.The top 10 US founders and bosses of some of the world's largest technology companies saw their finances swell to nearly $2.5tn, up from $1.9tn, in the year to Christmas Eve, according to figures from Bloomberg. Continue reading......
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