Articles for tag: Bold, Brink, Crisis, Faces, Gelsingers, Intel, Plan, Turnaround

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Intel Faces Crisis: Gelsinger’s Bold Turnaround Plan on the Brink

Intel Faces Crisis: Gelsinger’s Bold Turnaround Plan on the Brink

Intel is facing a challenging period, considering major changes in its operations, including a potential split of its product design and manufacturing branches. This comes after a disappointing earnings report that significantly impacted its stock prices. With the guidance of investment banks Morgan Stanley and Goldman Sachs, Intel is evaluating various options, although no immediate ...

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Ambani Unveils Bold AI Vision at Reliance AGM 2024: A Tech Revolution

Ambani Unveils Bold AI Vision at Reliance AGM 2024: A Tech Revolution

At the 47th annual general meeting of Reliance Industries, Mukesh Ambani shared exciting plans for the company’s future as a technology leader. Key highlights included the launch of Jio Brain, a suite of AI tools aimed at enhancing decision-making and customer insights. He announced the establishment of a national AI infrastructure, featuring large-scale data centers ...

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SBI’s Bold Strategy: Quality Over Rates Amidst Banking Challenges

SBI’s Bold Strategy: Quality Over Rates Amidst Banking Challenges

At the Global Fintech Fest in Mumbai on August 30, 2024, SBI Chairman Challa Sreenivasulu Setty emphasized that banks will focus on improving service quality instead of engaging in a rate war for deposits. He mentioned a slight adjustment in interest rates, particularly for the popular 1-2 year term deposits. SBI recently launched the “Amrit ...

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Apple’s Bold Leap: Unveiling AI Revolution in iPhone 15 Pro Max

Apple’s Bold Leap: Unveiling AI Revolution in iPhone 15 Pro Max

Apple’s upcoming iPhone 16 series is set to feature exciting new AI capabilities known as Apple Intelligence. While these advanced features won’t launch with the new models, basic AI tools like writing assistance and text summarization are expected to roll out in October with the iOS 18.1 update. Further enhancements, including advanced photo editing and ...

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RBI Proposes Same-Day Loans for Vendors: A Bold Step Toward Inclusion

RBI Proposes Same-Day Loans for Vendors: A Bold Step Toward Inclusion

The Reserve Bank of India (RBI) is encouraging fintech companies to consider offering “same-day” loans specifically designed for street vendors and hawkers. These loans would allow borrowers to receive and repay funds within 24 hours, aiming to enhance financial inclusion for individuals at the lower end of the economic spectrum. However, sources indicate that interest ...

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Bitcoin Boom Ahead? Michael Saylor’s Bold Predictions Fuel Excitement

Bitcoin enthusiasts have reason to be excited as renowned investor Michael Saylor expresses unwavering optimism about the next big surge in Bitcoin’s value. Saylor, a prominent figure in the cryptocurrency Market, believes that the digital currency is on the brink of a significant uptick. His confidence is fueling renewed interest and speculation among traders and ...

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Wisconsin pension fund makes bold move, invests $160 million in Bitcoin ETFs – find out how this could impact your future wealth

The Wisconsin pension fund has made a bold move by investing $160 million in Bitcoin exchange-traded funds (ETFs). This decision marks a significant step towards embracing cryptocurrency as a legitimate asset class. The fund’s strategic shift reflects a growing trend among institutional investors to diversify their portfolios with digital assets. With this new investment, the ...

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Toyota’s Bold Move Shows Its Commitment to Closing the Gap in EV Technology

Toyota’s latest blockbuster report amidst the EV slowdown showcases the automaker’s determination to catch up on software. As the industry shifts towards electric vehicles, Toyota is ramping up efforts to enhance its technological capabilities and stay competitive in the Market. This strategic move reflects the company’s commitment to innovation and adapting to the changing landscape ...

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