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Elsewhere within the sector, property investor Derwent London additionally declined after recording a loss of £143.1m earlier than tax in the first half, a drastic shift from the £137.1m revenue it famous the year earlier than. Shares in Savills plunged nearly 12% on Thursday after the actual estate advisor said it’s cutting its forecasts for the financial yr after a tough first half which saw earnings sink 72%. It’s perhaps unsurprising that AI corporations appear to have San Francisco in their sights. The city is house to 11 of the top-funded firms within the sector, based on knowledge from VC…
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