Examlex
The term "equity carve-out" refers to the situation where a firm's managers give themselves the right to purchase new stock at a price far below the going market price.Since this dilutes the value of the public stockholders, it "carves out" some of their value.
Deep Blue
A chess-playing computer developed by IBM, known for being the first to win a chess match against a reigning world champion under standard chess tournament conditions.
Deep Junior
A computer chess program that has won several World Computer Chess Championships, known for its advanced AI and strategic depth.
Grand Master
A title in chess awarded to top players, indicating a very high level of skill and achievement.
Artificial Neural Networks
Computational models inspired by the human brain's interconnected network of neurons, used to conduct machine learning tasks by processing complex data inputs.
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