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Tech megacaps plan to spend more than $300 billion in 2025 as AI race intensifies
Yolo
UPS - lowering it's small package volume to increase margins
This scale down with Amazon was accelerated by UPS because the margins were thin and using up their workforce to sustain it. Even Amazon said their deliveries are too costly for them which is why they depended on UPS. Don't think people understood that this will increase revenue. It's currently …
More trouble ahead for NVIDIA: Cerebras and Mistral Le Chat
A new LLM chat product that can produce near-instant responses (for prompts that do not involve a web search, that is) is out. This new feature apparently runs completely on non-NVIDIA hardware: >On Thursday, Mistral released an app called Le Chat that it said can respond to user questions with …
France to Announce €109 Billion in AI Investments, Macron Says
TL;DR: France is set to invest a total of €109 billion ($113 billion) in artificial intelligence projects over the coming years. The funding will come from various sources, including companies, funds, and international investments. Key highlights: • Brookfield Asset Management plans to invest €20 billion in developing data centers and …
Another Successful launch for RKLB
Kimbal Musk sells Tesla stock worth $27.6 million
Family is pullin out.
Wholesale egg prices have ‘blown way past’ record highs, analyst says
On Friday, average wholesale prices for large, white shell eggs reached $8 a dozen, beating the previous record by a large degree, according to data from Expana, which tracks agricultural commodity prices. “The previous all-time high was late December 2022 heading into Christmas, when we touched $5.46 per dozen,” Ryan …
BYD rolls out 21 self driving EV models with NVDA chips
AT&T DISCLOSES INVESTMENT IN AST SPACEMOBILE
AT&T Inc. and its wholly-owned subsidiary AT&T Venture Investments, LLC have reported beneficial ownership of 6,260,440 shares of AST SpaceMobile's Class A Common Stock through an initial statement of beneficial ownership filing (Form 3) with the SEC. The shares are held directly by AT&T Venture Investments, LLC, with AT&T Inc. …