Anna's Daybreak News

Good morning news friends! Brace yourself for a rollercoaster ride through the latest headlines, intriguing stories, and eye-opening insights that'll keep you hooked from start to finish 📰🌟

• Survivors of Morocco's deadliest earthquake in more than six decades struggle to find food, water, and shelter


• Death toll likely to rise further as rescuers search for the missing in remote villages


• Damage to Morocco's cultural heritage becoming apparent, with the 12th century mosque and parts of Marrakech old city damaged


• With many homes built of mud bricks and timber, structural damage is devastating and many are left homeless


• In a moment of solidarity, world leaders gathered around the Gandhi memorial to remember those lost and admire the strength of the Moroccan people in the face of disaster - and maybe to escape the embarrassment of their own 'spicy chip challenge.'
Source: Read More

• The European Central Bank will decide whether to raise or pause the benchmark interest rate on Thursday.


• A pause could indicate a shift in hawkishness, while a hike could indicate a 10th consecutive increase in borrowing costs.


• Key US consumer-price data, Chinese industrial report, and UK labor data are also scheduled.


• The market continues to be on tenterhooks as the ECB weighs its monetary policy decision.


• Treasury Secretary Janet Yellen is feeling confident in her prediction that the US economy will be able to contain inflation without major damage to the job market.


• In these uncertain times, the ECB's rate decision remains one of the most highly speculated and watched debates of the year... OR DOES IT? 🤔
Source: Read More

• The upcoming system will be several times more powerful than Meta's existing AI language model Llama 2.


• It is being developed to help other companies produce sophisticated text, analysis, and other output.


• Training is expected to begin in early 2024.


• Businesses and enterprises are turning to Meta's generative AI market for newer capabilities and refining business processes.


• The next gen AI system being launched by Meta Platforms is sure to put a big smile on the faces of tech enthusiasts, or just people who want to pretend to be smarter than their peers
Source: Read More

• Softbank's chip designer Arm is expected to price its upcoming IPO at the top of the range or above, potentially pushing its valuation above its target of $54.5 billion.


• Arm has signed many of its major clients - including Apple, Nvidia, and Samsung - as cornerstone investors.


• The company is banking on the growth of cloud computing and automotive markets as mobile demand weakens.


• Arm has apparently decided that when life gives you lemons, you try to juice them for all they're worth.
Source : Read More

Baked with love,

Anna Eisenberg ❤️