Rakuten AI boss diverges from big tech in prioritising low cost

Rakuten AI boss diverges from big tech in prioritising low cost

RAKUTEN Group is expanding its AI team under the stewardship of a Google veteran and building models with a focus on cost efficiency. Ting Cai, now three years into his tenure at the head of the e-commerce pioneer’s artificial intelligence team, has the task of creating AI systems that would augment the company’s many businesses…

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Apple, Google and others tell some foreign employees to avoid traveling out of the country

Apple, Google and others tell some foreign employees to avoid traveling out of the country

Big Tech companies, including Apple, Google, Microsoft, and ServiceNow, have warned employees on visas to avoid leaving the country amid uncertainty about changing immigration policy and procedures. Following an attack on National Guard members in Washington, the Trump administration expanded travel bans earlier this month, and beefed up vetting and data collection for visa applicants.…

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Straits Trading launches senior-living programme in Singapore, Malaysia

Straits Trading launches senior-living programme in Singapore, Malaysia

It aims to build an integrated independent value-chain in the senior living business [SINGAPORE] Mainboard-listed The Straits Trading Company on Tuesday (Dec 23) unveiled a new pilot programme for senior living known as The Silver Movement. The Silver Movement is an operating company that oversees asset and property, facility and operational management. Its operations also…

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Volare Group triggers mandatory cash offer for Alpha Integrated Reit at S$0.48 per unit

Volare Group triggers mandatory cash offer for Alpha Integrated Reit at Salt=

The move comes after Volare acquired a significant stake of AI-Reit from ESR Group [SINGAPORE] Mindarie Investment, a wholly owned subsidiary of Swiss-based Volare Group, on Tuesday (Dec 23) launched a mandatory conditional cash offer for all issued and outstanding units of Alpha Integrated Real Estate Investment Trust (AI-Reit) at S$0.48 per unit. The move…

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Volare triggers mandatory offer for Alpha Integrated Reit following acquisition of ESR stake

Volare triggers mandatory offer for Alpha Integrated Reit following acquisition of ESR stake

Volare and its concert parties now control 41.27% of the total issued units by AI-Reit, formerly known as Sabana Reit [SINGAPORE] Mindarie Investment, a wholly owned subsidiary of Swiss-based Volare Group, on Tuesday (Dec 23) launched a mandatory conditional cash offer for all issued and outstanding units of Alpha Integrated Real Estate Investment Trust (AI-Reit)…

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