Sovereign AI Gains Momentum as Nations Aim to Reduce Superpower Dependence

Sovereign AI Gains Momentum as Nations Aim to Reduce Superpower Dependence

​ Advertisement South Korea and others believe their homegrown tech sectors are strong enough to build up their AI capabilities The concept of sovereign AI is to build out local infrastructure and domestic capabilities. Seongjoon Cho/Bloomberg News SEOUL—As China and the U.S. race to dominate artificial intelligence, countries are increasingly wary of becoming overly dependent on the superpowers for a technology that could profoundly affect their economic competitiveness and national security. In response, a select few are seeking to build out their own AI capabilities and become leaders alongside the U.S. and China.  Videos   Read More from Technology -…
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Allies of Jerome Powell prepare him to advocate for a rate cut

Allies of Jerome Powell prepare him to advocate for a rate cut

​ Advertisement A divided committee, missing data and a whiff of stagflation leave Powell to choose between two paths—each with drawbacks In October, the Fed cut rates for the second time this year. Chair Jerome Powell said a third cut is ‘not a foregone conclusion.’ WSJ’s Nick Timiraos explained the central bank’s split outlook. Photo: Noah Higgins-Dunn Allies of Federal Reserve Chair Jerome Powell have laid the groundwork for him to push a rate cut through a divided committee at next month’s meeting even though it could draw multiple dissents. The unusual level of division inside the Fed means that,…
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Top Four Candidates to Succeed Tim Cook at Apple

Top Four Candidates to Succeed Tim Cook at Apple

​ Advertisement John Ternus, Craig Federighi, Eddy Cue and Greg ‘Joz’ Joswiak each oversee a different part of the company Apple CEO Tim Cook during an event in September. mike blake/Reuters Tim Cook shows no signs of slowing down. Famous for rising before the sun to answer emails and work out, he has devoted much of his life to Apple AAPL 0.38%increase; green up pointing triangle and has said he wants to stay at the company for some time. Yet since Cook recently turned 65, an age when other executives are often headed into retirement, analysts, investors and Apple watchers…
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