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At the same time, it's launching support for Nvidia P100 GPUs in Beta along with a new sustained pricing model.
For companies working with machine learning workloads, having access to GPUs in the cloud provides them with flexibility to pay for what they use with by the minute pricing, and the sustained pricing model means if they end up running the GPUs for a sustained period of time, they get up to a 30percentt discount, depending on the usage.
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Would the product survive a sustained price war?
Crucially, expectations emerged that the country would see sustained price increases.
If you have sustained price reductions, you will see consolidation and layoffs".
That could translate into a sustained price drop of more than $20 a barrel.
The major retailers are waging a sustained price war on milk in a bid to entice shoppers into their stores.
This is what we observed when the oil shocks of the 1970's lead to a period of constrained supply, weak productivity and sustained price growth.
Robert Shiller is sceptical, noting that while indicators are strengthening, there is little reason to think that short-run momentum must lead to a more sustained price boom.
The agency said a sustained price of more than $100 a barrel could "prove incompatible with the currently expected pace of economic recovery".
A considerable and sustained price increase, for example, may result in a fall in demand and the appearance of substitute products.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com