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- Elon Musk Demands 25% Of Tesla, OpenAI Allies The Pentagon and Goldman Sachs Profit Plunge
Elon Musk Demands 25% Of Tesla, OpenAI Allies The Pentagon and Goldman Sachs Profit Plunge
Anna Eisenberg
January 16, 2024
Anna's Daybreak News
Wednesday, 5:17 AM
January 17, 2023
Good morning news friend! Come chart the course through breaking news and the ever-evolving landscape of current events 📰🌟
Goldman Sachs Profit Plunge
Goldman Sachs faced a tough year.
Despite their recent quarterly earnings surpassing expectations with $11.32 billion in sales, the year ended with a disappointing annual profit of $8.52 billion. Marking a four-year low for the bank.
Why the slump? Goldman's investment banking unit, which brought in its weakest revenues since 2013, has been pummelled by rising interest rates that discourage corporate deal-making.
Source: Read More
Goldman Sachs faced a tough year.
Despite their recent quarterly earnings surpassing expectations with $11.32 billion in sales, the year ended with a disappointing annual profit of $8.52 billion. Marking a four-year low for the bank.
Why the slump? Goldman's investment banking unit, which brought in its weakest revenues since 2013, has been pummelled by rising interest rates that discourage corporate deal-making.
Source: Read More
Nvidia and AMD Set the Market Ablaze
Nvidia is hitting record highs, with its stock leaping 3% to a dazzling $563.65. Not to be overshadowed, AMD jumped 7.5% to $157.57, a peak not seen in over two years. Pushing the PHLX semiconductor index up by 1.15%.
KeyBanc analysts hiked Nvidia's price target to a sky-high $740 and AMD's to a confident $200.
You see, Nvidia is ready to start mass production of an AI chip for its Chinese clientele. Meanwhile, AMD is introducing two new AI data center chips, challenging Nvidia's stronghold.
Source: Read More
Nvidia is hitting record highs, with its stock leaping 3% to a dazzling $563.65. Not to be overshadowed, AMD jumped 7.5% to $157.57, a peak not seen in over two years. Pushing the PHLX semiconductor index up by 1.15%.
KeyBanc analysts hiked Nvidia's price target to a sky-high $740 and AMD's to a confident $200.
You see, Nvidia is ready to start mass production of an AI chip for its Chinese clientele. Meanwhile, AMD is introducing two new AI data center chips, challenging Nvidia's stronghold.
Source: Read More
Do you think the US will be able to avoid a recession? |
OpenAI Allies with the Pentagon
OpenAI, creators of ChatGPT, are joining forces with the Pentagon.
Originally, OpenAI banned worked with the military, but times have changed. Now, they're deep into crafting cybersecurity tools.
Is that all? Not by a long shot. OpenAI is also in talks to tackle issues like preventing veteran suicides.
On another front, OpenAI is fighting against election misinformation. They're launching tools to check if ChatGPT wrote something and to spot AI-made images. You see, their aim is to fight "deepfakes" that might trick voters during elections.
Source: Read More
OpenAI, creators of ChatGPT, are joining forces with the Pentagon.
Originally, OpenAI banned worked with the military, but times have changed. Now, they're deep into crafting cybersecurity tools.
Is that all? Not by a long shot. OpenAI is also in talks to tackle issues like preventing veteran suicides.
On another front, OpenAI is fighting against election misinformation. They're launching tools to check if ChatGPT wrote something and to spot AI-made images. You see, their aim is to fight "deepfakes" that might trick voters during elections.
Source: Read More
Elon Musk Demands 25% of Tesla
Elon Musk shook the business world with a jaw-dropping ultimatum: give him 25% control of Tesla or he is out.
So, what's on the line? About $80 billion worth of shares!
Musk wants to secure his Tesla reign, mainly to shield against takeovers and steer the company's A.I. and robotics future.
Tesla's AI future includes the Dojo Supercomputer, the humanoid robot Optimus and the holy grail of Self Driving Cars.
Source: Read More
Elon Musk shook the business world with a jaw-dropping ultimatum: give him 25% control of Tesla or he is out.
So, what's on the line? About $80 billion worth of shares!
Musk wants to secure his Tesla reign, mainly to shield against takeovers and steer the company's A.I. and robotics future.
Tesla's AI future includes the Dojo Supercomputer, the humanoid robot Optimus and the holy grail of Self Driving Cars.
Source: Read More
Baked with love,
Anna Eisenberg ❤️
What did you think of today's edition? |