Ben's Bites
today in AI:

1/ OpenAI and Elon Musk are having a bit of a spat. @elonmusk was involved with @OpenAI way back when it started, but things are messy now—including a lawsuit. So, the OpenAI squad is putting out their POV: Elon’s being greedy now as things are going well. Our summary: bensbites.beehiiv.com/p/open…

2/ Google is kicking back at “bad” AI content. In their March update to how search results are shown, @Google wants to penalize spammy content (often created with p-SEO and increasingly AI).

3/ A breakdown of Claude 3’s system prompt by Alignment Researcher at Anthropic. It’s considerably shorter than @ChatGPTapp's version: twitter.com/AmandaAskell/sta…
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Ben's Bites
AI collaborations 🤝

Accenture will use Cohere AI’s models for its 9000+ clients: txt.cohere.com/cohere-accent…

&

Snowflake partners with Mistral AI to bring its AI models to enterprises: snowflake.com/news/snowflake…
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Hidden Value Gems
As much as I don't like unhealthy food options at $GRG.L I admit the business is doing great and the stock deserves a closer look.

✅Double-digit LFL sales
✅New stores expansion
✅Plans to double sales by 2026
✅A net cash position
✅special dividend

20x PE doesn't look expensive if they can continue to deliver.
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The Long Investor
$AMZN $TSLA $MSFT $AAPL $GOOG

All red.

Rotation continues

The first to correct will be the first to recover.
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The Long Investor
$ABNB up 47% since its October low.

Moat and Margins

Focus on the M&Ms
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AkhenOsiris
Matt's $1200 Sept $NVDA calls getting a boost!

Matt Wood, $AMZN AWS VP of AI, says $NVDA chip demand will remain strong.

"There no meaningful competition"

So much for $AMD

theinformation.com/articles/… - Mukund Mohan
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BizToc
👉🏻 For more, visit biztoc.com and never miss a beat in the world of business news.
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BizToc
4) Oaktree's Vessel Attacked —

Oaktree Capital-linked ship damaged in a Houthi rebel attack, raising concerns over maritime security near Yemen. #ShipAttack
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BizToc
3) AI Boosts Teleperformance's Growth —

After the Klarna panic, Teleperformance cites AI as a key driver for future expansion and customer experience improvements. #ArtificialIntelligence
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BizToc
2) Fed's Powell Hints at Rate Cuts —

Jerome Powell, Fed Chair, suggests rate cuts might be on the horizon this year, indicating a shift in the Fed's approach. #RateCut
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BizToc
📰 BizToc.com Hourly News Flash

1) Etihad Readies for Possible IPO —

Etihad Airways posts consecutive profits for 2022 and 2023, CEO signals readiness for a potential IPO. #IPO
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BizToc
👉🏻 For more, visit biztoc.com and never miss a beat in the world of business news.
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BizToc
4) First Nations Bank Partners with Canada Infrastructure Bank —

In a landmark move, Canada Infrastructure Bank forges alliance with First Nations Bank to finance Indigenous community projects. #Infrastructure
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BizToc
3) FBI Reports Surge in Ransomware Attacks —

Critical U.S. infrastructure faces an alarming increase in ransomware attacks, warns FBI, spotlighting cyber vulnerabilities. #Ransomware
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BizToc
2) Meta Faces Backlash for Abandoning Hacking Victims —

Meta criticized for lack of support to hacking victims, potentially increasing the burden on law enforcement agencies. #Meta
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