Intel buys AI-start Nervana

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Intel buys NervanaAbout Intel Intel, whose processors are used in more than 90% produced in the server world, has announced the acquisition of California startup Nervana Systems. Financial terms and other details were not disclosed.

Nervana Systems – a small company founded in 2014, specializes in the development in the field of artificial intelligence (artificial intelligence, AI), namely – the so-called deep or profound learning (Deep learning).

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German 10-year bond yield turns negative

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GermanyYields on German 10-year government bonds have turned negative for the first time.

The move is proof of investors’ nervousness about the slowing global economy and the potential for turbulence if the UK leaves the EU. German sovereign bonds – IOUs issued by the Bundesbank – are regarded as some of the safest investments in the world.

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Amazon to boost India investment by $3bn

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AmazonAmazon has said it will increase its investment in India by $3bn (£2.1bn), bringing the total amount invested in the country to more than $5bn. The online retail giant announced a $2bn investment in India in 2014 and already employs 45,000 people there.

Chief executive Jeff Bezos said Amazon continued to see “huge potential” in India, its fastest-growing region. In 2014, the firm said India was on track to become its “fastest country ever” to achieve $1bn in gross sales.

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7 ways to make money on biotech boom, without investing hundreds of millions

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biotechnoligyUsually medical startup requires a very serious investment, but you can not threaten to new drugs, but simply to offer the market a new medicine IT-services.

One of the most promising areas for investment are considered to biotechnology, particularly in the medical field. However, a full biomedical start-up (for example, the creation of a new drug) is very expensive – both monetary and time. In Russia start such a project is very difficult, with its underdeveloped infrastructure investment, the expense of actually existing startups is on the unit.

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Saving and Investing for Early Retirement: 3 Basic Strategies

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relaxEverybody wants to retire early. Sure, you might like what you do. But if you’re 98% of people, you’d like to have more time to yourself, with your family and friends. In the years following the global recession, early retirement (or even regular retirement) seemed like an impossible dream for many. But there has been a growing contingent of young people online who are making it happen. In the upcoming weeks, we’re going to look closely at some of these different strategies, and try to help you identify the best way to leave the working world behind, for a reasonable lifestyle of your choosing. Continue reading

Yield to these 23 dividend stocks if you’re looking for high income

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InvestmentsThe dividend yields are as high as 6.5%, and the companies generate enough cash to increase payouts.

In this seemingly eternal period of historically low interest rates, stocks have become increasingly popular as income-seeking investors have been forced to take on more risk. Last year, the S&P 500 Index set a record for dividend payouts, though dividends increased at their slowest pace since 2011. Continue reading

McGraw-Hill to be renamed S&P Global: No more textbooks, just financial data

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S&P GlobalHopes to change name to S&P Global on Wednesday

McGraw-Hill is putting away the textbooks and focusing solely on financial data that advisers use in their investments and in measuring their clients’ progress.

Pending shareholder approval Wednesday, the company will re-brand itself as S&P Global, says CEO Doug Peterson. “No more textbooks,” Mr. Peterson said. “After the spinoff of N.D. Power & Associates, we’ll be 100% in analytics.”

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