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Author: admin (Kendrick Williams)
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SPOTLIGHT: BIGS GETTING BIGGER
Private equity giant Blackstone is hoping to raise $5 billion to invest in life science ventures, according to a proposal the firm sent to the Teachers Retirement System of Louisiana that was seen by The Wall Street Journal.
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SPOTLIGHT: CHINA’S SHIFTING ECONOMIC POLICIES
At China’s Central Economic Work Conference last week, officials indicated Beijing will cut interest rates, raise its budget deficit, and lower banks’ reserve requirements next year to make more room for economic stimulus.
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GM PARKS ITS ROBOTAXI PROGRAM
After 10 years and $10 billion in costs, General Motors has abandoned its plan to create a self-driving taxi, saying the costs would continue mounting as competition becomes more intense.
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CHINESE CAR COMPANIES ARE OPENING DEALERSHIPS ACROSS MEXICO
Chinese electric vehicle (EV) makers, including majors BYD, Chery, Geely, and SAIC, are establishing dealerships across Mexico and, according to one Mexico City BYD salesman, the cars are selling as fast as he can get them.
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THE DECEPTIVE JUNK SCIENCE ABOUT FLUORIDE
In the 1964 satirical black comedy film Dr. Strangelove there is the iconic scene when the rogue general Jack D Ripper, played by Sterling Hayden, tells Peter Sellers’ character, “Ever hear of the fluoridation of water? Do you realize that fluoridation is the most monstrously conceived and dangerous Communist plot we ever had to face?”
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AN AI-POWERED LIVESTOCK HERDER THAT CHECKS HEALTH OF COWS AND FIELDS
Australia is a major beef exporter with 30 million cows spread across hundreds of thousands of square miles, many of which can be dry.
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OPENAI PARTNERS WITH DEFENSE CONTRACTOR
OpenAI, the creator of ChatGPT that launched the current Age of AI, has signed a contract with Anduril Industries, a military industry startup specializing in robotic and autonomous systems.
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BOTS ARE BEGINNING TO PEEL INTERNET SEARCHERS FROM GOOGLE
Perplexity is a $20-a-month service that returns AI-generated answers when a user searches for information on the Internet. Since launching in August 2022, it’s gained about 15 million users.
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OPENAI CONSIDERS PUTTING ADS ON CHATGPT
As part of its transition from a nonprofit to a for-profit company, OpenAI is planning to insert advertising in its ChatGPT AI model and other products.