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Taiwan's Foxconn predicts huge growth in AI server business
Taiwan's Foxconn predicts huge growth in AI server business
by  AFP

Taiwanese tech giant and key Apple supplier Foxconn predicts three-digit growth for its artificial intelligence server business due to robust demand for AI products such as ChatGPT, its chairman said Wednesday. "For the second half of this year, we may have a three-digit growth, not two digits...

Australian casino group to pay US$290 mn over money laundering failings
Australian casino group to pay US$290 mn over money laundering failings
by  AFP

Australia's Crown Resorts is set to pay a civil penalty of Aus$450 million (US$290 million) for lax money laundering controls that saw cash being carried into a casino in paper bags, shoe boxes and suitcases. Suspicious activity included "cash being carried in suitcases, envelopes, Crown carry bags, brown paper bags or shoe boxes", it said.

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