Category: Finance News

Sep 21

The Transformative Impact of AI Across Key Sectors

Artificial Intelligence (AI) is revolutionising the world we know. This technological marvel, which combines data-driven insights and complex algorithms, is offering groundbreaking solutions across multiple industries, enabling them to operate with heightened efficiency and foresight. Let’s explore the profound changes AI is bringing to several major sectors. In healthcare, the diagnostics domain has witnessed a […]
Sep 21

Bank of England maintains interest rate at 5.25%

The Bank of England has left its interest rate unchanged at 5.25%, a day after inflation unexpectedly fell by more than expected. The Bank’s monetary policy committee (MPC) voted 5-4 – the narrowest possible margin – to leave the cost of borrowing unchanged. Up until the inflation data was released on Wednesday morning, markets had […]
Sep 21

Inuitive Adopts VeriSilicon’s Advanced ISP IP for its Vision AI Processor

Article content VeriSilicon’s IP solutions optimized for demanding Robotics and AR/VR/MR applications SHANGHAI — VeriSilicon (688521.SH) today announced that Inuitive, a leading vision-on-chip processor company, has adopted its dual-channel Image Signal Processor (ISP) IP, featuring low latency and low power capabilities, into its mass-produced NU4100 vision AI processor. This integration brings outstanding imaging and vision […]
Sep 21

China Turns to Australian and Russian Coal to Improve Quality of Its Own Fuel

Article content (Bloomberg) — China’s booming coal imports include more high-grade cargoes from Australia and Russia, as users offset the worsening quality of coal mined at home with fuel from abroad. Australia’s exports of thermal coal for power plants and coking coal for steelmaking rose to 6.69 million tons last month, the highest since July […]