🏎️ Tesla reveals $2 billion investment in Elon Musk’s xAI and officially kills the Model S and Model X.
Tesla CEO Elon Musk sprang several eye-popping surprises on shareholders, including a $2 billion Tesla investment in one of his own companies (the artificial intelligence firm xAI), and the abrupt elimination of two of the company’s car models, the Model S and the Model X. The company will make the final versions of both electric vehicles next quarter.
In place of the discontinued car models, Musk said that Tesla will use the freed up factory space to build Optimus robots, a still largely experimental line of humanoid robots that Musk says will eventually perform everything from household chores to surgery.
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Tesla CEO Elon Musk sprang several eye-popping surprises on shareholders, including a $2 billion Tesla investment in one of his own companies (the artificial intelligence firm xAI), and the abrupt elimination of two of the company’s car models, the Model S and the Model X. The company will make the final versions of both electric vehicles next quarter.
“It’s time to basically bring the Model S and X programs to an end with an honorable discharge, because we’re really moving into a future that is based on autonomy,” he said. “So if you’re interested in buying a Model S and X, now would be the time to order it.”
In place of the discontinued car models, Musk said that Tesla will use the freed up factory space to build Optimus robots, a still largely experimental line of humanoid robots that Musk says will eventually perform everything from household chores to surgery.
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Nvidia Corp., Microsoft Corp. and Amazon.com Inc. are in discussions to invest as much as $60 billion in OpenAI as part of a major new funding round. The planned investments would contribute to a round of as much as $100 billion, with existing backers Nvidia and Microsoft in talks to invest and Amazon as a new investor.
OpenAI is looking to raise $50 billion or more in the round at a valuation of about $750 billion to $830 billion, with the company's Chief Executive Officer meeting with top investors in the Middle East to line up funding.
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The White House on Monday will meet with executives from the banking and cryptocurrency industries to discuss a path forward for landmark crypto legislation which has stalled due a clash between the two powerful sectors. The summit will include executives from several trade groups and will focus on how the bill treats interest and other rewards crypto firms can dish out on customer holdings of dollar-pegged tokens known as stablecoins.
The White House meeting could help the industries reach a compromise, and underscores how keen President Donald Trump's administration is to get the legislation across the line.
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🇦🇪🇷🇺 UAE President Mohammed bin Zayed Al Nahyan arrives at the Kremlin to meet Russian President Putin.
The Kremlin reported that Putin would discuss with his UAE President the prospects for cooperation between Russia and the UAE, the situation in the Middle East and other international issues. #BRICS
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The Kremlin reported that Putin would discuss with his UAE President the prospects for cooperation between Russia and the UAE, the situation in the Middle East and other international issues. #BRICS
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Britain's Prime Minister Keir Starmer and China's President Xi Jinping hailed a reset of ties on Thursday, pledging to build an economic partnership with deals including a major investment by AstraZeneca. The British premier held up a plan by AstraZeneca to pioneer new medicines by investing $15 billion in its Chinese operations as proof of the benefits that could flow to both countries.
"China is a vital player on the global stage, and it's vital that we build a more sophisticated relationship where we can identify opportunities to collaborate, but of course, also allow a meaningful dialogue on areas where we disagree," Starmer told Xi at the start of their meeting.
The British leader told reporters he had made progress in discussions with Beijing to reduce tariffs on whisky, and announced a new agreement whereby Britons visiting China for less than 30 days would no longer need a visa. #BRICS
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President Donald Trump’s tax legislation includes a provision called “Trump Accounts,” which gives $1,000 to every newborn if their parents open an account.
That money is then invested in the stock market by private firms, and the child can access the money when they turn 18 and can only use it for specific purposes, such as paying tuition, starting a business or making a down payment on a home. After a parent opens an account, the U.S. Treasury will contribute $1,000 for newborns. Private banks and brokerages will manage the money, which must be invested in U.S. equity index funds that track the stock market and charge the accounts no more than 0.10% in annual fees.
To qualify for the $1,000 seed money, a baby must be a U.S. citizen, have a Social Security number and be born between Jan. 1, 2025, and Dec. 31, 2028. Any parent can open an account for a qualifying child, regardless of the parent’s immigration status.
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The rapper just declared herself the US President's biggest fan at an event to launch 'Trump Accounts' for newborn babies.
"I will say that I am probably the president's number one fan, and that's not going to change," - she said. “He has a lot of force behind him, and God is protecting him. Amen?”
Minaj has announced that she will contribute between $150,000 and $300,000 to fund her fans’ Trump Accounts. The president seemed glad to have the support of the "greatest and most successful female rapper in history" and thanked her for donating.
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🧬AI model from Google's DeepMind reads recipe for life in DNA
Google DeepMind has introduced AlphaGenome, an AI tool capable of interpreting long DNA strands and predicting the impact of mutations on biological processes. This advancement could revolutionize treatments by enabling the design of synthetic DNA that activates or deactivates specific genes, paving the way for personalized medicine and gene modification.
AlphaGenome can create new DNA sequences, allowing for targeted therapy in specific tissues while avoiding effects in the rest of the body. The model could help scientists discover why subtle differences in our DNA put us at risk of conditions such as high blood pressure, dementia and obesity. It could also dramatically accelerate our understanding of genetic diseases and cancer.
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Google DeepMind has introduced AlphaGenome, an AI tool capable of interpreting long DNA strands and predicting the impact of mutations on biological processes. This advancement could revolutionize treatments by enabling the design of synthetic DNA that activates or deactivates specific genes, paving the way for personalized medicine and gene modification.
AlphaGenome can create new DNA sequences, allowing for targeted therapy in specific tissues while avoiding effects in the rest of the body. The model could help scientists discover why subtle differences in our DNA put us at risk of conditions such as high blood pressure, dementia and obesity. It could also dramatically accelerate our understanding of genetic diseases and cancer.
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🌎 US leads record global surge in gas-fired power driven by AI demands, with big costs for the climate.
This year is set to shatter the annual record for new gas power additions around the world, with projects in development expected to grow existing global gas capacity by nearly 50%, a report by Global Energy Monitor (GEM) found. The US is at the forefront of a global push for gas that is set to escalate over the next five years, after tripling its planned gas-fired capacity in 2025. Much of this new capacity will be devoted to the vast electricity needs of AI, with a third of the 252 gigawatts of gas power in development set to be situated on site at datacenters.
The gas projects in development in the US will, if all completed, cause 12.1bn tonnes in carbon dioxide emissions over their lifetimes, which is double the current annual emissions coming from all sources in the US. All of this new gas energy will cause a major leap in planet-heating emissions, amid ongoing warnings from scientists that fossil fuels must be rapidly phased out to avoid pushing the planet towards even worse heatwaves, droughts, floods and other climate impacts.
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This year is set to shatter the annual record for new gas power additions around the world, with projects in development expected to grow existing global gas capacity by nearly 50%, a report by Global Energy Monitor (GEM) found. The US is at the forefront of a global push for gas that is set to escalate over the next five years, after tripling its planned gas-fired capacity in 2025. Much of this new capacity will be devoted to the vast electricity needs of AI, with a third of the 252 gigawatts of gas power in development set to be situated on site at datacenters.
The gas projects in development in the US will, if all completed, cause 12.1bn tonnes in carbon dioxide emissions over their lifetimes, which is double the current annual emissions coming from all sources in the US. All of this new gas energy will cause a major leap in planet-heating emissions, amid ongoing warnings from scientists that fossil fuels must be rapidly phased out to avoid pushing the planet towards even worse heatwaves, droughts, floods and other climate impacts.
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🇺🇸 Donald Trump: "It's time for Europe to get smarter." 🧐
Do you agree with the President?👍
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"Europe gotta get smart. Between immigration and energy, they are destroy— it is not recognizable. They have gotta smarten up before it’s too late," - said Trump.
Do you agree with the President?
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The US has imposed a state of emergency because of the threat to national security from Cuba. The corresponding decree was signed by President Donald Trump.
"I believe that the situation with Cuba poses an unusual and extraordinary threat to the national security and foreign policy of the United States ... and hereby declare a national state of emergency in connection with this threat," the text of Trump's decree published by the White House on Thursday reads.
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Waabi, the Toronto-based AI company building software to enable autonomous driving ( “AV 2.0.”), has raised $1 billion in new funding and struck a major partnership with Uber to deploy at least 25,000 robotaxis on the ride-hailing giant’s platform.
The funding consists of a $750 million Series C round led by Khosla Ventures and G2 Venture Partners, plus an additional $250 million milestone-based investment from Uber tied to the robotaxi deployment. The company says it is the largest fundraise in Canadian history. Other investors in the Series C include Uber, NVentures (Nvidia’s venture capital arm), VolvoGroup Venture Capital, Porsche Automobil Holding and others. The deal marks a significant expansion for Waabi, which until now has focused on autonomous trucking.
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Microsoft shares slid about 10% on Thursday following an earnings report that disappointed some investors, prompting the stock’s sharpest daily decline since March 2020. The move trimmed the technology company’s market cap by $357 billion, leaving it at $3.22 trillion by the end of Thursday trading.
Analyst Ben Reitzes said Microsoft should double down on data center construction. Microsoft’s finance chief, Amy Hood, argued that the cloud result could have been higher if it had allocated more data center infrastructure to customers rather than prioritizing its in-house needs.
“If I had taken the GPUs that just came online in Q1 and Q2 in terms of GPUs and allocated them all to Azure, the KPI would have been over 40,” she said.
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🇳🇬 Niger’s military government blames France, Benin and Ivory Coast for airport base attack
In a televised address on Thursday, General Abdourahamane Tiani directly accused France, Benin and Ivory Coast of sponsoring an assault on a military base adjacent to Diori Hamani International Airport, framing the attack as part of a coordinated external campaign against Niger’s post-coup authorities. The Pesident thanked Russian troops, underscoring Niger’s deepening geopolitical realignment.
The assault occurred late Wednesday night and into Thursday, targeting a military installation roughly 10 km from the presidential palace. According to Niger’s Defence Minister Salifou Modi, the fighting lasted “about 30 minutes” before being contained by combined air and ground responses. The defense ministry also said four Nigerien soldiers were injured, 20 attackers were killed, and 11 people were arrested.🙏
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In a televised address on Thursday, General Abdourahamane Tiani directly accused France, Benin and Ivory Coast of sponsoring an assault on a military base adjacent to Diori Hamani International Airport, framing the attack as part of a coordinated external campaign against Niger’s post-coup authorities. The Pesident thanked Russian troops, underscoring Niger’s deepening geopolitical realignment.
The assault occurred late Wednesday night and into Thursday, targeting a military installation roughly 10 km from the presidential palace. According to Niger’s Defence Minister Salifou Modi, the fighting lasted “about 30 minutes” before being contained by combined air and ground responses. The defense ministry also said four Nigerien soldiers were injured, 20 attackers were killed, and 11 people were arrested.
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🇫🇷 France to ditch US platforms Microsoft Teams, Zoom for ‘sovereign platform’ - Visio
France will replace the American platforms Microsoft Teams and Zoom with its own domestically developed video conferencing platform, which will be used in all government departments by 2027. Visio offers features such as HD video calls, screen sharing, and chat. The program was built using Django, the open-source Python web framework; React, the JavaScript library for building user interfaces (UIs); and LiveKit, a scalable video conferencing system.
Not everyone in Europe is enthusiastic about digital sovereignty. Börje Ekholm, CEO of Swedish telecom equipment firm Ericsson, recently said at Davos that recent European discussions around sovereignty are "dangerous," and that attempts to build homegrown alternatives to US technology would lead to higher prices in the region.😄
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France will replace the American platforms Microsoft Teams and Zoom with its own domestically developed video conferencing platform, which will be used in all government departments by 2027. Visio offers features such as HD video calls, screen sharing, and chat. The program was built using Django, the open-source Python web framework; React, the JavaScript library for building user interfaces (UIs); and LiveKit, a scalable video conferencing system.
“The aim is to end the use of non-European solutions and guarantee the security and confidentiality of public electronic communications by relying on a powerful and sovereign tool,” said David Amiel, minister for the civil service and state reform.
Not everyone in Europe is enthusiastic about digital sovereignty. Börje Ekholm, CEO of Swedish telecom equipment firm Ericsson, recently said at Davos that recent European discussions around sovereignty are "dangerous," and that attempts to build homegrown alternatives to US technology would lead to higher prices in the region.
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🇨🇦 Mark Carny takling about independence for the province of Alberta
Canadian Prime Minister Mark Carney, asked about reports that U.S. officials had met separatists seeking independence for the province of Alberta, on Thursday said he expected the U.S. administration to respect Canadian sovereignty.
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Canadian Prime Minister Mark Carney, asked about reports that U.S. officials had met separatists seeking independence for the province of Alberta, on Thursday said he expected the U.S. administration to respect Canadian sovereignty.
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Legislation has been introduced in nearly two dozen states to legalize “plug-in solar” systems, which usually comprise two to four solar panels plugged into wall outlets. They typically cost about $2,000 or more and generate enough electricity to power a refrigerator, electronics and lights, potentially shaving several hundred dollars a year from utility bills. Some plug-in solar systems come with batteries to store power for use during peak demand when electricity rates spike and when storms or heat waves knock out the grid.
Only about 5,000 have been installed in the US, most without utility authorization. Utah in 2025 enacted a law allowing plug-in solar without utility approval and other states are considering similar legislation, including New York and California, the nation’s largest solar market.
Have you ever thought about installing such systems?
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📱 Apple reports best-ever iPhone sales as Mac dips
Sales of the iPhone hit an all-time high in the final three months of last year, boosted by the new range of iPhone 17s, tech firm Apple reported on Thursday. Revenue rose by 16% compared to the same period last year to $144bn (£82.5bn) - the strongest growth since 2021 - thanks to a jump in sales in China, as well as Europe, the Americas, and Japan. However, wearables and accessories, which include things like the Apple Watch and AirPods, fell by roughly 3%. Sales of Mac computers were down by just over 7%. Apple chief executive Tim Cook said the iPhone's boost in sales meant the firm was in "supply chase mode."
Cook declined to give any detail on a recently announced partnership with Google, in which the latter company's Gemini AI product will be the basis of future Apple AI models and updates to its Siri functionality.
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Sales of the iPhone hit an all-time high in the final three months of last year, boosted by the new range of iPhone 17s, tech firm Apple reported on Thursday. Revenue rose by 16% compared to the same period last year to $144bn (£82.5bn) - the strongest growth since 2021 - thanks to a jump in sales in China, as well as Europe, the Americas, and Japan. However, wearables and accessories, which include things like the Apple Watch and AirPods, fell by roughly 3%. Sales of Mac computers were down by just over 7%. Apple chief executive Tim Cook said the iPhone's boost in sales meant the firm was in "supply chase mode."
"To meet a very high level of customer demand, we're currently constrained," Cook said, noting that sales in India set a quarterly record for the region.
Cook declined to give any detail on a recently announced partnership with Google, in which the latter company's Gemini AI product will be the basis of future Apple AI models and updates to its Siri functionality.
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President Donald Trump said during a Cabinet meeting on Thursday, Jan. 29, that his goal is to keep housing prices up to avoid inadvertently benefiting Americans who "didn't work very hard."
"I am instructing my Representatives to BUY $200 BILLION DOLLARS IN MORTGAGE BONDS. This will drive Mortgage Rates DOWN, monthly payments DOWN, and make the cost of owning a home more affordable," he added. "It is one of my many steps in restoring Affordability, something that the Biden Administration absolutely destroyed. We are bringing back the AMERICAN DREAM that was destroyed by the last Administration. MAKE AMERICA GREAT AGAIN!"❤️
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🇺🇸 Trump nominates Kevin Warsh to be next Fed Chair
Opting for a conventional choice to lead the Federal Reserve, President Trump on Friday nominated former Fed governor Kevin Warsh to be the next chair of the central bank and succeed Jerome Powell.
Warsh has experience navigating the central bank. President George W. Bush appointed him to serve as Fed governor from 2006 until 2011. Before serving at the Fed, Warsh was special assistant to Bush for economic policy and an executive secretary at the National Economic Council, where he advised the president and senior administration officials on the US economy. He has also worked in M&A at Morgan Stanley (MS). Warsh holds a degree in public policy from Stanford, as well as a law degree from Harvard.
Our congratulations!🎉 👏
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Opting for a conventional choice to lead the Federal Reserve, President Trump on Friday nominated former Fed governor Kevin Warsh to be the next chair of the central bank and succeed Jerome Powell.
Warsh has experience navigating the central bank. President George W. Bush appointed him to serve as Fed governor from 2006 until 2011. Before serving at the Fed, Warsh was special assistant to Bush for economic policy and an executive secretary at the National Economic Council, where he advised the president and senior administration officials on the US economy. He has also worked in M&A at Morgan Stanley (MS). Warsh holds a degree in public policy from Stanford, as well as a law degree from Harvard.
"I have known Kevin for a long period of time, and have no doubt that he will go down as one of the GREAT Fed Chairmen, maybe the best. On top of everything else, he is 'central casting,' and he will never let you down," Trump said in his announcement, posted to Truth Social.
Our congratulations!
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🇺🇸 President Trump launches the Great American Recovery Initiative to address drug and alcohol addiction
Donald Trump launches the Great American Recovery Initiative to coordinate a national response to the disease of addiction & save lives. The initiative will increase awareness of addiction, advise agencies on recovery programs and consult with local & private sector entities. Countless lives are being saved thanks to President Donald Trump.
All we needed was a new President👏
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"Every year the US loses an estimated 300k people to drug and alcohol abuse. Drug over dose deaths are DOWN and the southern border is CLOSED,"- said Trump.
Donald Trump launches the Great American Recovery Initiative to coordinate a national response to the disease of addiction & save lives. The initiative will increase awareness of addiction, advise agencies on recovery programs and consult with local & private sector entities. Countless lives are being saved thanks to President Donald Trump.
All we needed was a new President
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