Balrampur Chini reported a 4.6% decrease in net profit for Q1 due to lower sugar output. The company’s results were impacted by the decline in sugar production, leading to a slight dip in profitability. Despite this, Balrampur Chini remains focused on navigating challenges and optimizing performance in the current market conditions.
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OpenAI reveals GPT-4.5 amid flurry of new AI model releases
Roula Khalaf, Editor of the FT, curates Unlock the Editor’s Digest, featuring top stories like OpenAI's launch of GPT-4.5, a large AI model with reduced hallucination rates. Amidst fierce competition in the AI industry, OpenAI continues to invest in large models despite potential cost challenges, and is considering limiting developer access to GPT-4.5 due to high operational expenses. Chief executive Sam Altman notes the model's high cost to train and run, emphasizing its unique intelligence...
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