The model is designed to excel at search. Microsoft’s oft-forgotten search engine is about to get a new lease on life. As expected, the tech giant announced on Tuesday that it is partnering with OpenAI to enhance Bing with the company’s AI technology. However, Microsoft also had a surprise up its sleeve: the next release… Continue reading Microsoft’s next-gen Bing uses a ‘much more powerful’ language model than ChatGPT
Category: Automotive
Medical Equipment Suppliers Convicted of Health Care Fraud
A federal jury convicted two men today for engaging in a scheme to defraud Medicare Advantage and Medicaid managed care plans of over $3.8 million. According to court documents and evidence presented at trial, Ikechukwu Udeokoro, 47, of North Bergen, New Jersey, owned Meik Medical Equipment and Supply (Meik), a durable medical equipment supplier that… Continue reading Medical Equipment Suppliers Convicted of Health Care Fraud
Car makers must work together to avoid huge CO2 ‘over-spend’
There are a number of models in Kearney’s report, taking into account various possible scenarios, but even in the most generous of outcomes the pathway to keeping global temperatures from rising more than 1.5deg C is “tight”. “Few reports project a scenario that is achievable without accelerated action,” says the company. “Certainly, the trajectory is too… Continue reading Car makers must work together to avoid huge CO2 ‘over-spend’
Exclusive: Britain’s richest man details plans for Ineos Automotive
Given its source is a 14th-century headmaster at Eton and Winchester, ‘Manners Maketh Man’ might be an unexpected mantra for a self-made chap who grew up in a council house in Manchester, but Sir Jim Ratcliffe likes the basic ethos behind it. It’s why every Ineos employee is discreetly advised to acknowledge him with a… Continue reading Exclusive: Britain’s richest man details plans for Ineos Automotive
Rolls-Royce Spectre prototype
“The Phantom Coupé is seen as one of the most striking Rolls-Royce cars, and it’s pretty rare: maybe only a couple of hundred [were made],” says Müller-Ötvös. “If you own one, look after it and don’t sell it… Clients say it would be great to bring it back, and this inspires what we do. We… Continue reading Rolls-Royce Spectre prototype
Ineos readies small 4×4, EV crossover and luxury SUV by 2030
A rival in terms of size, if not potentially all-road capability, would be the 4.1m-long Jeep Avenger. Likewise, the luxury model, tipped to be an extravagantly upgraded version of the Grenadier rather than a bespoke model, is expected to forgo some of its off-road capability as a trade-off for better on-road manners. Pessler highlighted the… Continue reading Ineos readies small 4×4, EV crossover and luxury SUV by 2030
From the archive: on this day in 1948
With the basic petrol station having recently been withdrawn, British drivers were left forlornly looking at their cars – but not one Victor Bruce, who had had his pre-war Opel Kadett converted into an electric car by his company Silent Transport. The engine, clutch and gearbox were removed and sold to defray the cost of… Continue reading From the archive: on this day in 1948
Ineos Grenadier
The sat-nav may be third-party, but its operation is straightforward and intuitive, either from the centre console or the touchscreen. Throughout two days at the wheel, only the engagement of the diff locks presented a challenge: the system is easily confused by inaccurate pokes, while the user is easily confused by the fact that the… Continue reading Ineos Grenadier
Toshiba bidder JIP set to secure $10.6b bank loanTop Japanese banks have agreed to issue letters committing to a $10.6b loan.
Top Japanese banks have agreed to issue letters this week committing to a 1.4 trillion yen ($10.60 billion) loan to back a Japan Industrial Partners-led consortium’s takeover offer for Toshiba, Bloomberg News reported on Tuesday. Sumitomo Mitsui Financial Group Inc will commit to lending 515 billion yen, Mizuho Financial Group Inc 460 billion yen and… Continue reading Toshiba bidder JIP set to secure $10.6b bank loanTop Japanese banks have agreed to issue letters committing to a $10.6b loan.
EWA startups gain traction, funding in SE Asia but model raises some concerns
Earned wage access [EWA] platforms, which provide on-demand payroll to bridge the gap between pay cheques, continue to attract investor interest and venture money in SE Asia even as the model is beginning to face questions around bad loan risks and sustainability. Seen as an employee benefit or perk, the model surfaced in SE Asia… Continue reading EWA startups gain traction, funding in SE Asia but model raises some concerns