Zoom researchers unveil "chain of draft," which cuts AI token usage by 92%, transforming the economics of language model deployment.

Modern building envelopes must fulfil an extensive range of requirements. fischer offers innovative and high-quality all-in-one solutions for the secure and aesthetic installation of the ...

Manufacturing CAR T-cells is a complex process. What improvements are being explored to reduce costs and production time? The manufacturing of CAR T-cells is indeed a complex and time-consuming ...

HSBC chief executive officer Georges Elhedery has said that the impact on the bank’s global headcount arising from its drive to cut costs is likely to be under 8 per cent, as it focuses on generating ...

It also set stiff cost-cutting targets under CEO Georges Elhedery’s push to boost returns with increasing attention on Asia where the London-headquartered bank earns the bulk of its profit.

Amazon has to continue cutting costs if it wants to invest in new growth opportunities. That's according to Amazon's retail CEO, Doug Herrington, who stressed the need to cut costs and invest in ...

But they’re a lot less keen on the exponentially increasing costs associated with using such tools. According to Sawmills, the average company now spends almost $2 million annually on ...

The European Commission “stands ready” to help EU governments reach an agreement on reforms to the Energy Taxation Directive proposed back in 2021, according to a leaked draft of an action ...

An icon in the shape of a lightning bolt. Impact Link HSBC unveiled further details of its cost-cutting plans alongside its annual results on Wednesday. The bank said it aimed to save $300 million ...

Its new chief executive, George Elhedery, said the group is looking at cutting its global personnel expenses by eight percent over 2025 and 2026, as it withdraws from mergers and acquisitions ...

HSBC has today posted annual profit that beat estimates, helped by increased revenue in wealth and markets businesses, and set stiff cost-cut targets as its new CEO implements a revamp of the Asia ...

The group said it will look to reduce its global staff costs by 8 per cent, with senior managers and those in its newly merged wholesale corporate and institutional arm set to be at greatest risk ...