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Chips industry goes all-in on AI
Chips industry goes all-in on AI
by  AFP

It's been a wild few years for the microchip industry, recovering from a long-term supply squeeze only to be thrust into the centre of a US-China battle to control supply lines of the valuable technology. But an industry long associated with volatility is quietly getting excited that artificial intelligence (AI) could be the key to some longer-term stability.

Lufthansa keeps CEO Spohr on for another five years
Lufthansa keeps CEO Spohr on for another five years
by  AFP

Lufthansa CEO Carsten Spohr, who steered the airline back from the brink of bankruptcy during the pandemic, will see his contract extended by another five years, the group said Thursday. Lufthansa's supervisory board on Thursday also agreed to extend the contract of chief financial officer Remco Steenbergen by another five years. jpl-mfp/hmn/kjm

Scholz vows to ramp up Germany's armaments industry
Scholz vows to ramp up Germany's armaments industry
by  AFP

Chancellor Olaf Scholz vowed Thursday to ramp up Germany's armaments manufacturing industry, after NATO warned that Ukraine was currently using up more ammunition than allies were producing. In his address to parliament on Thursday, Scholz also hit out at calls particularly from the far left in Germany for Berlin to stop delivering armaments to Kyiv.

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