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Hong Kong authorities have declared the highest level of alert due to extreme rainfall.
07 Aug. 05:44The authorities in Hong Kong have issued a black rainstorm warning—the highest level of meteorological alert—due to intense downpours, according to TV channel MIR 24.
Meteorologists recorded the highest rainfall for August in 140 years of observations. As a safety measure, all beaches in the special administrative region have been closed.
Classes have been canceled in educational institutions, and teachers are supervising students until their parents arrive. Employers have been advised to temporarily excuse staff from attending offices, except for those in critical services.
Tech Giant Amazon Negotiates Landmark $7 Billion Acquisition of AI Startup Decart
Today in 11:31Amazon is reportedly in advanced talks to acquire the Israeli artificial intelligence startup Decart in a deal valued at approximately $7 billion, according to The Wall Street Journal. Founded in 2023, Decart specializes in software that seamlessly bridges various AI processors and develops generative 3D world models such as "Lucy" and "Oasis." The startup had previously reached a $4 billion valuation earlier this year after raising over $400 million from major venture funds.
The strategic acquisition is poised to boost Amazon’s AWS cloud computing division, enhancing its proprietary Trainium3 AI chips to better compete against market leader Nvidia in generative AI hardware infrastructure.
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