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- SpaceX Tender Offer, ChatGPT Keeps Us Waiting and Google Moves Trading to the Cloud
SpaceX Tender Offer, ChatGPT Keeps Us Waiting and Google Moves Trading to the Cloud
Anna Eisenberg
June 26, 2024
Anna's Daybreak News
Thursday, 5:17 AM
June 27, 2024
Good morning news friend! Stay informed with real-time updates, following the constantly evolving news landscape. 📰🌟
SpaceX Becomes Most Valuable Private Company
SpaceX will sell insider shares at $112 each. This increases the company’s value to approximately $210 billion. Previously, SpaceX was valued at $180 billion.
SpaceX won an $843 million contract from NASA recently. This contract is for building a vehicle to manage the end-of-life orbit for the International Space Station.
Elon Musk stated that SpaceX does not need more capital. The company plans to buy back shares instead.
This $210 billion valuation makes SpaceX the most valuable private company in the US.
Source: Read More
SpaceX will sell insider shares at $112 each. This increases the company’s value to approximately $210 billion. Previously, SpaceX was valued at $180 billion.
SpaceX won an $843 million contract from NASA recently. This contract is for building a vehicle to manage the end-of-life orbit for the International Space Station.
Elon Musk stated that SpaceX does not need more capital. The company plans to buy back shares instead.
This $210 billion valuation makes SpaceX the most valuable private company in the US.
Source: Read More
The Wait for ChatGPT’s Voice Assistant Continues
OpenAI’s updated voice assistant, showcased in May, displayed impressive speed and accuracy.
The new feature allows ChatGPT to use the phone’s camera to recognize images and provide real-time responses. Making ChatGPT seem more like a conversation partner.
Yet, despite the initial promise of a June release to paid users, the launch has been delayed. Pushing the release to July for a small group and to all paid users in the fall.
OpenAI is also working on adding video and screen-sharing capabilities. If the improvements live up to expectations, it could outshine voice assistants like Siri and Alexa.
Source: Read More
OpenAI’s updated voice assistant, showcased in May, displayed impressive speed and accuracy.
The new feature allows ChatGPT to use the phone’s camera to recognize images and provide real-time responses. Making ChatGPT seem more like a conversation partner.
Yet, despite the initial promise of a June release to paid users, the launch has been delayed. Pushing the release to July for a small group and to all paid users in the fall.
OpenAI is also working on adding video and screen-sharing capabilities. If the improvements live up to expectations, it could outshine voice assistants like Siri and Alexa.
Source: Read More
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Google and CME Move Trading to the Cloud
Google and CME Group (Chicago Mercantile Exchange) plan to build a new cloud-computing network in Aurora, Illinois.
Construction starts later this year. This move marks the next phase in their 10-year partnership that began in 2021.
The new private Google Cloud region will support CME’s global trading. Traders will benefit from ultra-low-latency networking, high-performance computing and AI capabilities.
Clients will be given 18 months notice before the transition starts.
Source: Read More
Google and CME Group (Chicago Mercantile Exchange) plan to build a new cloud-computing network in Aurora, Illinois.
Construction starts later this year. This move marks the next phase in their 10-year partnership that began in 2021.
The new private Google Cloud region will support CME’s global trading. Traders will benefit from ultra-low-latency networking, high-performance computing and AI capabilities.
Clients will be given 18 months notice before the transition starts.
Source: Read More
Volkswagen Gives Rivian a $5 Billion Lifeline
Volkswagen announced a $5 billion investment in Rivian. Volkswagen will initially invest $1 billion, with up to $4 billion more by 2026.
The joint venture will use Rivian's software, helping Volkswagen cut production costs.
Rivian, known for its electric delivery vans for Amazon, paused its Georgia plant construction due to cash concerns.
Rivian's stock surged over 30% after the announcement.
Source: Read More
Volkswagen announced a $5 billion investment in Rivian. Volkswagen will initially invest $1 billion, with up to $4 billion more by 2026.
The joint venture will use Rivian's software, helping Volkswagen cut production costs.
Rivian, known for its electric delivery vans for Amazon, paused its Georgia plant construction due to cash concerns.
Rivian's stock surged over 30% after the announcement.
Source: Read More
Baked with love,
Anna Eisenberg ❤️
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