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Elon Musk Drops OpenAI Lawsuit, Your Driving is Being Watched and Global Economy of the Rise

Anna's Daybreak News

Wednesday, 5:37 AM

June 12, 2024

Good morning news friend! Stay tuned to the dynamic world of global news, keeping abreast of the constantly shifting events and trends. ๐Ÿ“ฐ๐ŸŒŸ

Elon Musk Drops OpenAI Lawsuit

Elon Musk (Tesla CEO) dropped his lawsuit against OpenAI.

Initially, he accused OpenAI and its CEO, Sam Altman, of straying from their not-for-profit mission. Musk believes they now prioritize profit over developing AI for humanity's benefit.

Musk escalated tensions by threatening to ban Apple devices at Tesla, SpaceX, xAI and X. This came after Apple announced AI features integrated with OpenAI's ChatGPT.

Apple, meanwhile, assured that their AI features prioritize privacy. They plan to use both on-device processing and cloud computing.

Source: Read More

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Global Economy on a Rise?

The World Bank upgraded the global economic forecast to a 2.6% growth rate for 2024, driven by the strong performance of the US economy.

The US economy is projected to grow by 2.5% in 2024. This performance accounts for 80% of the World Bank's upgraded outlook.

Gas prices are falling across the US, offering relief to drivers. The national average hit $3.44 per gallon, the lowest in 2024 so far.

States like Mississippi enjoy the lowest prices, while California and Hawaii see the highest. The trend is expected to remain stable through summer, with potential further drops in the fall.

Source: Read More

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Is Your Driving Being Scored?๐Ÿš—

The insurance industry is watching your driving habits. Insurers use data from automakers and smartphone apps like Life360 and GasBuddy to assess how safely you drive.

Known as telematics, this data monitors activities like hard braking, speeding, and phone usage.

Auto insurers have long pushed for usage-based insurance plans. These plans aim to set rates based on actual driving behavior. However, privacy concerns have made consumers wary.

To bypass this reluctance, insurers gather driving data from other sources, including automakers and existing apps on your phone. Many drivers are unaware that their habits could affect their insurance rates.

Source: Read More
Amazon Pledges $1.4 Billion for Affordable Housing

Amazon will invest $1.4 billion to create affordable homes.

The funding supports 14,000 new units in Seattle, Nashville, and Washington metro areas.

This new commitment raises Amazonโ€™s total housing investment to $3.6 billion. The initiative aims to address housing shortages in these key regions.

Source: Read More
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Baked with love,

Anna Eisenberg โค๏ธ

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