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Nvidia used the NeurIPS conference to debut new AI models for autonomous driving and speech processing. The company introduced Alpamayo-R1, a system designed to handle traffic situations through step-by-step logical reasoning. Nvidia says this approach helps the model respond more effectively to complex real-world scenarios than previous systems. The code is public, but the license limits it to non-commercial use.

Nvidia also showed new tools for robotics simulation. In speech AI, the company unveiled MultiTalker, a model that can separate and transcribe overlapping conversations from multiple speakers.

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Apple's longtime AI chief John Giannandrea is stepping down and will leave the company in spring 2026. Until then, he will stay on as an advisor. Amar Subramanya will take over as the new Vice President of AI, reporting directly to software chief Craig Federighi. Subramanya joins Apple from Microsoft and previously spent 16 years at Google, where he served as the technical lead for the Gemini Assistant.

Subramanya will oversee development of Apple's foundation models and its broader AI research. Other parts of Giannandrea's former portfolio - including AI infrastructure and search - will shift to Sabih Khan and Eddy Cue.

The leadership shake-up comes after major delays to the new Siri rollout and a wave of departures within Apple's AI group. CEO Tim Cook thanked Giannandrea for his work and said the restructuring is meant to speed up development of more personalized AI features.

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Entry-level consulting salaries have remained flat for the second year in a row, according to a new report from Management Consulted. The slowdown affects top firms like McKinsey and the Big Four, as well as smaller boutique consultancies. The report cites weaker demand, productivity gains from AI, and fewer employees leaving the industry as key factors.

Namaan Mian of Management Consulted says firms can now get more done with fewer people thanks to AI, which is putting a lid on salary growth. The findings are based on verified offer data and show that companies are hiring fewer high-cost MBA graduates. In previous years, entry-level pay typically rose by five to ten percent annually. Management Consulted expects salaries for new hires to remain flat even if demand eventually picks back up.

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HSBC has signed a multiyear partnership with the French startup Mistral AI to bring generative AI across its global operations. According to the announcement, the bank wants to speed up internal workflows and improve customer service by running Mistral's models on its own infrastructure.

HSBC plans to use the technology for financial analysis, translations, and risk assessments. The bank also expects gains in marketing and credit evaluation. It already uses AI for fraud detection and is folding the new tools into its existing security policies.

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