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Israel Defense Forces: In the past few hours, Hezbollah has launched multiple explosive drones that exploded near the operational areas of Israel Defense Forces soldiers.On May 13th, MediaTek released its Dimensity AI Intelligent Agent Engine 2.0 and launched the Dimensity AI Development Kit 3.0. Chen Guanzhou, Director and General Manager of MediaTek, stated in his speech that over the past three years, the growth rate of Dimensity AI ecosystem partners has increased by 240%, and the download volume of the development kit has increased by 440%. As the worlds largest mobile chip company in terms of shipments, MediaTek was previously rumored to be collaborating with OpenAI to develop system-on-a-chip (SoC) for smartphones, with mass production expected in 2028. In response, Li Junnan, Senior Director of Technology Planning at MediaTeks Wireless Communications Business Unit, stated, "We are currently actively exploring these new opportunities internally. The role of large-scale models in AI is seeking multiple development paths, and we believe there is significant potential." However, MediaTek did not directly respond to questions regarding specific company collaborations.Israel Defense Forces: The Israeli Air Force recently intercepted two suspicious aerial targets detected by IDF soldiers in their operational area in southern Lebanon. No alert was issued as per protocol.The Polish military stated that it scrambled fighter jets due to Russian airstrikes on Ukraine.Alibaba will hold an earnings call in ten minutes.

The operator of the Australian stock exchange delays software upgrading by twenty months

Charlie Brooks

Aug 03, 2022 11:02

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The Australian Securities Exchange stated on Wednesday that it will delay the redesign of its major share trading platform by up to twenty months, citing problems in achieving "scalability and resilience."


Clearing House Electronic Subregister System, ASX Ltd's plan to upgrade its equities clearing software, will not be finished until late 2024, the latest of numerous delays (CHESS).


The CHESS application enables the ASX registry to settle transactions. Since 2017, the exchange has sought to replace CHESS with blockchain technology in an effort to lower customer fees.


ASX, which has had a series of software failures, has announced that it would retain Accenture (NYSE:ACN) to perform an independent examination of the new CHESS program.


The exchange operator and its application software provider, Digital Asset, recognized that the program required more development than anticipated.


In a joint statement, Philip Lowe, Governor of the Reserve Bank of Australia, and Joseph Longo, Chairman of the Australian Securities and Investments Commission (ASIC), expressed their concern.


Lowe said that the ASX-initiated research was "crucial" for providing assurance that the new CHESS application software would be adequate for its intended function.


Longo added, "It is imperative that Accenture complete this study in order to provide assurance on the delivery of a solid replacement for CHESS and a high degree of confidence regarding the amended go-live date."

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