Ben's Bites
today in AI:
1/ @Reddit is getting serious about AI and its upcoming IPO. And looks like they've signed a deal for $60M every year to let an AI company (name’s hush-hush) use their content for model training. But that number feels small. Here's why: bensbites.beehiiv.com/p/redd…
2/ @OpenAI’s fundraising deal valuing it at $80B seems to have been completed. This deal has been in limbo since @sama’s firing in late November. No official comments though.
3/ Groq (not the Elon one) is serving AI models at insanely fast speeds. The claim is that using their new LPUs (stands for Language Programming Units) is faster than GPUs for serving LLMs. @mattshumer_ built a demo with Groq’s instant answers, check it out: twitter.com/mattshumer_/stat…
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today in AI:
1/ @Reddit is getting serious about AI and its upcoming IPO. And looks like they've signed a deal for $60M every year to let an AI company (name’s hush-hush) use their content for model training. But that number feels small. Here's why: bensbites.beehiiv.com/p/redd…
2/ @OpenAI’s fundraising deal valuing it at $80B seems to have been completed. This deal has been in limbo since @sama’s firing in late November. No official comments though.
3/ Groq (not the Elon one) is serving AI models at insanely fast speeds. The claim is that using their new LPUs (stands for Language Programming Units) is faster than GPUs for serving LLMs. @mattshumer_ built a demo with Groq’s instant answers, check it out: twitter.com/mattshumer_/stat…
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BizToc
4) African E-Scooters Hit Nigeria —
Despite policy risks, an African startup forges ahead, launching an e-scooter service in Nigeria as the country embraces new mobility solutions. #EcoMobility
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4) African E-Scooters Hit Nigeria —
Despite policy risks, an African startup forges ahead, launching an e-scooter service in Nigeria as the country embraces new mobility solutions. #EcoMobility
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BizToc
2) $1.5B Boost for Chip Plants —
Biden Administration's grant of $1.5B to GlobalFoundries aims to strengthen semiconductor manufacturing in New York and Vermont, highlighting the ongoing push for tech self-reliance. #Semiconductor
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2) $1.5B Boost for Chip Plants —
Biden Administration's grant of $1.5B to GlobalFoundries aims to strengthen semiconductor manufacturing in New York and Vermont, highlighting the ongoing push for tech self-reliance. #Semiconductor
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Offshore
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BizToc
📰 BizToc.com Hourly News Flash
1) FedEx Founder's Government Debt Alarm —
FedEx founder warns about the dire consequences of 'unsustainable' U.S. government debt, sparking concern among investors and policymakers. #GovernmentDebt
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📰 BizToc.com Hourly News Flash
1) FedEx Founder's Government Debt Alarm —
FedEx founder warns about the dire consequences of 'unsustainable' U.S. government debt, sparking concern among investors and policymakers. #GovernmentDebt
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The Long Investor
$ETH $2984 now.
Who picked this up when we gave it as a present on Xmas eve at $2265?
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$ETH $2984 now.
Who picked this up when we gave it as a present on Xmas eve at $2265?
$ETH the move has already started.
50 Day MA is starting to show a move up....this could run quickly.
This is as straight forward and as bullish as a chart can be.
This is your Xmas present.
I have added the full long term projection of $ETH to our group. We like @ETH as a long term hold. - The Long Investortweet
The Long Investor
Jeff Bezos’s $4bn share sale does not signal end of tech market rally via @FT on.ft.com/3wpeqTh
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Jeff Bezos’s $4bn share sale does not signal end of tech market rally via @FT on.ft.com/3wpeqTh
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The Long Investor
All Top 20 Charts are uploaded now for this week ahead.
There was a lot to cover, we will continue to prepare our group for individual buying opportunities now and have built a large catalog of companies and charts that will benefit during a market correction.
Very little on X talk about safe guarding your capital during a market correction but it is the number one priority for all the greatest investors. $SPY $QQQ $IWM
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All Top 20 Charts are uploaded now for this week ahead.
There was a lot to cover, we will continue to prepare our group for individual buying opportunities now and have built a large catalog of companies and charts that will benefit during a market correction.
Very little on X talk about safe guarding your capital during a market correction but it is the number one priority for all the greatest investors. $SPY $QQQ $IWM
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BizToc
4) Michigan's High-Stakes EV Transformation —
Michigan faces a transformative yet uncertain future as the state's economy pivots towards electric vehicles, balancing promise with trepidation. #ElectricVehicles
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4) Michigan's High-Stakes EV Transformation —
Michigan faces a transformative yet uncertain future as the state's economy pivots towards electric vehicles, balancing promise with trepidation. #ElectricVehicles
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BizToc
3) Big Oil's $281B Profit Post-Invasion Raises Eyebrows —
Major oil companies register a combined profit of $281 billion since the Ukraine invasion, sparking debate over corporate gains amidst global crises. #OilProfits
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3) Big Oil's $281B Profit Post-Invasion Raises Eyebrows —
Major oil companies register a combined profit of $281 billion since the Ukraine invasion, sparking debate over corporate gains amidst global crises. #OilProfits
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Offshore
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BizToc
📰 BizToc.com Hourly News Flash
1) U.S. Fuels Chip Comeback with $1.5B for GlobalFoundries —
The U.S. goverment invests $1.5 billion in GlobalFoundries to boost domestic semiconductor production, countering chip shortages and foreign reliance. #Semiconductor
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📰 BizToc.com Hourly News Flash
1) U.S. Fuels Chip Comeback with $1.5B for GlobalFoundries —
The U.S. goverment invests $1.5 billion in GlobalFoundries to boost domestic semiconductor production, countering chip shortages and foreign reliance. #Semiconductor
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BizToc
4) Chip Industry Roadblocks —
Expanding U.S. chip manufacturing faces hurdles despite aggressive investment and political support. #Manufacturing
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4) Chip Industry Roadblocks —
Expanding U.S. chip manufacturing faces hurdles despite aggressive investment and political support. #Manufacturing
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BizToc
3) US Chips Away at Dependency —
GlobalFoundries gets a $1.5 billion boost from US government to ramp up domestic semiconductor production. #Semiconductors
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3) US Chips Away at Dependency —
GlobalFoundries gets a $1.5 billion boost from US government to ramp up domestic semiconductor production. #Semiconductors
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