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☆ Geely shares jump after automaker beats revenue expectations for 2022
  + stars: | 2023-03-22 | by ( Lim Hui Jie | ) www.cnbc.com   time to read: +2 min
In this article 175-HK Follow your favorite stocks CREATE FREE ACCOUNTwatch nowChinese automaker Geely beat revenue expectations for 2022, sending shares surging Wednesday. Geely reported its 2022 revenue surged 45.6% from a year ago to 148 billion yuan ($21.49 billion), while profit jumped 8.5% to reach 5.26 billion yuan. Analysts had expected Geely to report 135.4 billion yuan in revenue, according to a Refinitiv consensus estimate. Geely said total sales climbed 8% last year to over 1.4 million units. The company said its high-end models accounted for 23% of total sales in 2022, or 252,787 units.
☆ If you still aren't sure what ChatGPT is, this is your guide to the viral chatbot that everyone is talking about
  + stars: | 2023-01-14 | by ( Sindhu Sundar | ) www.businessinsider.com   time to read: +5 min
Open AI, the AI company behind the AI art generator DALL·E, released the viral bot Chat GPT. Other researchers seem to be taking more measured approaches with generative AI tools. He told Insider he's helping to experiment with a chat bot called "Rentervention," which is meant to support tenants. Linna said he's experimenting with Chat GPT to help "Rentervention" come up with better responses and draft more detailed letters, while gauging its limitations. "I think there's so much hype around Chat GPT, and tools like this have potential," said Linna.
☆ Renault’s talks with Geely complicated by Nissan concerns -sources
  + stars: | 2022-11-07 | by ( Norihiko Shirouzu Maki Shiraki David Dolan | Norihiko Shirouzu | Maki Shiraki | ) www.reuters.com   time to read: +4 min
REUTERS/Aly SongBEIJING/TOKYO, Nov 7 (Reuters) - Nissan Motor Co's (7201.T) concerns about technology transfers have complicated its partner Renault's (RENA.PA) plans to sell a large stake in its gasoline-engine business to China's Geely (0175.HK), three people familiar with the talks said. Nissan's concerns about technology rights have also been one reason why it has yet to reach a preliminary agreement to invest in Ampere. Renault has a 43% stake in Nissan while the Japanese automaker has a 15% non-voting stake in Renault. People with knowledge of the talks have said the two sides have been discussing a reduction in Renault's stake in Nissan, potentially to 15%. Uchida also said Nissan wanted to see a “fair treatment” of its interests in any new partnership Renault strikes with Geely.
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