News

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VR and AR headset shipments forecast to reach 99.4 million in 2021, says IDC

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The virtual reality (VR) and augmented reality (AR) headset market is forecast to grow at a compound annual rate of 58% over the next...
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Bosch and Nvidia developing AI self-driving systems for mass market cars

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Bosch and Nvidia have announced a collaborative effort to create artificial intelligence self-driving systems for mass market cars. The two companies are working on an...
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Graphene battery market forecast to grow to $116.503 million by 2021

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The graphene battery market is forecast to grow from $28.549 million in 2015 to $116.503 million by 2021, according to the "Graphene Battery Market...
Brain modem

Artificial Intelligence (AI) is now a major factor in business competitiveness

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The use of artificial intelligence (AI) has become a major factor in business competitiveness, spreading to all areas of major companies, according to a...
Tesla Model3

Tesla to raise a further $1.15 billion as it prepares Model 3 launch

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Tesla is looking to raise a further $1.15 billion to strengthen its balance sheet and move on with production of the Model 3 sedan. The...
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US Federal Reserve raises overnight interest rate by 25 basis points

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The US Federal Reserve raised interest rates on Wednesday – the second hike in three months – paving the way to a normalisation of...
cyber risk

Two-thirds of FTSE 100 firms say cyber risk is increasing

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A survey of FTSE 100 firms finds that over two-thirds (64 percent) of the United Kingdom's top listed companies recognize that cyber risk is...
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UK construction sector risks losing 176,500 workers from EU countries, RICS warns

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Britain’s construction sector risks losing 176,500 workers from EU countries if the UK loses access to the European single market.   According to the Royal...
SME optimism

Survey: Surge in economic optimism among American CEOs

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According to the latest Business Roundtable’s (BRT) CEO economic outlook survey, US plans for hiring, investment, and expectations for sales over the next six...
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Intel acquiring autonomous driving technology firm Mobileye for $15.3 billion

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Intel is acquiring Mobileye, a global leader in advanced driving assistance systems and autonomous driving technology, for $15.3bn (£12.5bn). Intel agreed to pay $63.54 a...