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Z.ai’s Open-Weight GLM-5.2 Surpasses GPT-5.5 in Long-Horizon Coding While Cutting Costs by 83%
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Z.ai’s Open-Weight GLM-5.2 Surpasses GPT-5.5 in Long-Horizon Coding While Cutting Costs by 83%

Open-weight AI just had its biggest week yet. On June 16, 2026, Z.ai, the Chinese AI startup previously known as Zhipu AI, unveiled GLM-5.2, a 753-billion-parameter open-weight model designed to handle complex coding and long-duration engineering workflows. GLM-5.2 outperforms GPT-5.5 on multiple coding benchmarks while costing roughly one-sixth as much to operate. The model is…

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Australian Shares Jump 0.54%: ASX 200 Climbs 48.60 Points to 8,966.30 Amid Strait of Hormuz News
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Australian Shares Jump 0.54%: ASX 200 Climbs 48.60 Points to 8,966.30 Amid Strait of Hormuz News

Australian Shares extended their winning streak on Tuesday as investors welcomed easing geopolitical tensions in the Middle East. The S&P ASX 200 climbed 48.60 points, or 0.54%, to close at 8,966.30, its strongest level in around two months. Market sentiment improved after reports that the Strait of Hormuz could reopen, easing concerns over global oil…

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Samsung Sees Growing Chip Orders From BYD, Google, AMD and Tesla as Tight TSMC Capacity Fuels AI Demand
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Samsung Sees Growing Chip Orders From BYD, Google, AMD and Tesla as Tight TSMC Capacity Fuels AI Demand

The global AI race is creating fresh opportunities for Samsung. As demand for advanced AI chips continues to outpace manufacturing capacity, more technology companies are exploring alternative foundry partners. Industry sources now indicate that Samsung is receiving increasing production requests from BYD, Google, AMD, and Tesla, highlighting a potential turning point for its contract chip…

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NSW Residents Eligible for Zero-Interest Renewable Energy Loans Under $77M Scheme 
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NSW Residents Eligible for Zero-Interest Renewable Energy Loans Under $77M Scheme 

Energy prices in Australia have been rising for years. Many households in New South Wales are feeling the pressure on their monthly budgets. Electricity bills are getting harder to manage, especially for families and renters. To help solve this, the government has introduced a $77 million renewable energy support scheme. It offers zero-interest loans so…

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Sportsbet Ordered to Hand Over ATO Audit Documents in Betting Class Action
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Sportsbet Ordered to Hand Over ATO Audit Documents in Betting Class Action

Sportsbet is facing increased legal pressure after a court ordered the betting giant to hand over Australian Taxation Office (ATO) audit documents in an ongoing class action. The lawsuit focuses on Sportsbet’s Fast Code betting service and claims that certain in-play wagers may have breached Australian gambling laws.  With a trial scheduled for August 2026,…

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Yum Brands Strikes $2.7 Billion Pizza Hut Sale, Offloading International Operations for $1.5 Billion
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Yum Brands Strikes $2.7 Billion Pizza Hut Sale, Offloading International Operations for $1.5 Billion

Yum Brands has announced one of the biggest restaurant industry deals of 2026 by agreeing to sell Pizza Hut in transactions worth $2.7 billion. The move ends months of strategic review and allows the company to focus on its stronger brands, KFC and Taco Bell. The deal also gives Pizza Hut new owners with different…

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German Medical Conference Scheduled for June 16, 2026
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German Medical Conference Scheduled for June 16, 2026

Munich medical conference on tumor treatment scheduled for June 16, 2026. Oncology Center hosts professional event for healthcare practitioners.

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Dixon Technologies Shares Jump 12% in 5 Sessions, Gain 5% on Wednesday; Q4 FY26 Revenue Rises to ₹10,510.51 Crore vs ₹10,292.54 Crore
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Dixon Technologies Shares Jump 12% in 5 Sessions, Gain 5% on Wednesday; Q4 FY26 Revenue Rises to ₹10,510.51 Crore vs ₹10,292.54 Crore

Dixon Technologies shares continued their strong upward momentum in the Indian stock market, rising sharply over the past few trading sessions. The stock gained nearly 12 percent in five sessions, including a 5 percent jump on Wednesday, driven by improving investor sentiment and strong quarterly performance. The rally comes after the company reported its Q4…

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Yum! Brands Sells Pizza Hut for $2.7 Billion, Authorizes $4B Buyback
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Yum! Brands Sells Pizza Hut for $2.7 Billion, Authorizes $4B Buyback

Yum! Brands sells Pizza Hut for $2.7 billion to LongRange Capital and Yum China, authorizes $4 billion share buyback program. Deal closes Q3 2026.

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