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Australian Dollar Weighed by AI Stock Weakness, Higher Bond Yields

The Australian dollar weakened slightly against its U.S. counterpart. Its headwinds include “another leg down” in artificial intelligence and chip stocks and new highs in long-term government bond yields, Westpac said.

We haven't written up this one. WSJ Markets has the full story — the link below goes straight to it.

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More in AI

LG Electronics, Nvidia Accelerate Robotics Partnership With Physical AI Data Hub

LG Electronics is stepping up its robotics strategy through closer cooperation with Nvidia, just days after the two companies agreed to collaborate on future strategic technologies.LG Electronics said it hosted key Nvidia executives on Aug. 18 at its Data Factory under construction in Seoul’s Seocho

  • LG Electronics and Nvidia form robotics partnership in Seoul's Seocho district.
  • LG CLOiD humanoid robot gathers real-world data for training at Physical AI Data Hub.
  • Hub aims to accumulate 100,000 hours of robot training data by year-end.

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