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4) South Africa's Coal Reality Check —

South Africa's first grid emission measure underlines a heavy reliance on coal, spotlighting urgent needs for sustainable energy solutions. #EnergyTransition
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3) EV Revolution's Circuit Breaker —

The electric vehicle revolution faces turbulence, as the past six months have brought significant challenges to the industry. #ElectricVehicles
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2) Egyptian Billionaire Mulls Empire Breakup —

Nassef Sawiris, Egypt's wealthiest individual, is contemplating a major shake-up by potentially splitting his business empire. #BusinessReform
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📰 BizToc.com Hourly News Flash

1) Arlington Scores Another Corporate HQ —

Arlington boasts a new win with another publicly traded company moving its headquarters to the city, signaling regional business growth. #CorporateRelocation
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Ben's Bites
today in AI:

1/ ChatGPT's getting an upgrade... memory! @OpenAI is testing ways for it to remember details about you and your past conversations. Another step from OpenAI toward making @ChatGPTapp a genuinely useful, long-term AI assistant. Our summary: bensbites.beehiiv.com/p/what…

2/ Aya by Cohere - Multilingual AI for 101 languages built by 3000+ researchers. LLMs are hot right now. But they often leave out a huge chunk of the world due to language barriers. Gotta think beyond English. Well, @cohere just did with Aya. Our summary: bensbites.beehiiv.com/p/aya-…

3/ Nvidia is building chat with PDF apps. We're not joking. @nvidia dropped a demo called "Chat with RTX"—a chatbot you can run right on your PC. It crunches through documents and YouTube vids on your machine instead of needing cloud-based apps. Our summary: bensbites.beehiiv.com/p/nvid…
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4) NEV Taxi Boom Ahead —

The NEV taxi market is poised to exceed $20.9 billion by 2031, growing at 22.5% CAGR, signaling greener urban mobility. #NEVTaxiGrowth
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3) Alibaba's Gulf Strategy —

Alibaba expands its reach, partnering with Saudi and UAE firms as China seeks to strengthen ties with Gulf nations. #AlibabaGulf
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2) UK Crypto Alert Overdrive —

The UK's financial watchdog raises alarms with 450 alerts on illegal crypto promotions, intensifying regulatory scrutiny. #CryptoRegulation
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📰 BizToc.com Hourly News Flash

1) Tesla's Mexico Move Rattles Washington —

Elon Musk's big Tesla factory in Mexico sources Chinese suppliers, stoking fears in DC amidst tense U.S.-China relations. #TeslaMexico
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Ben's Bites
Andrej @karpathy leaves OpenAI to focus on personal projects (likely open-source and YouTube videos)

⤵️

Hi everyone yes, I left OpenAI yesterday. First of all nothing "happened" and it’s not a result of any particular event, issue or drama (but please keep the conspiracy theories coming as they are highly entertaining :)). Actually, being at OpenAI over the last ~year has been really great - the team is really strong, the people are wonderful, and the roadmap is very exciting, and I think we all have a lot to look forward to. My immediate plan is to work on my personal projects and see what happens. Those of you who’ve followed me for a while may have a sense for what that might look like ;) Cheers - Andrej Karpathy
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4) Nvidia Surges in Value —

Nvidia's market cap soars, overtaking Alphabet to become the third most valuable U.S. company driven by AI advancements. #AI
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3) Cisco Slashes Outlook —

Tech giant Cisco reduces annual revenue forecast, shares dip post-earnings amid broader tech industry struggles. #Tech
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2) Microsoft Catches Hackers —

Microsoft thwarts cyber threats, catching hackers from China, Russia, and Iran exploiting its AI technology. #Cybersecurity
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📰 BizToc.com Hourly News Flash

1) Cisco Announces Massive Layoffs —

Cisco Systems to cut 5% of its workforce, facing a downturn with Q2 revenue dropping 6% YoY and restructuring plans underway. #Layoffs
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