Nancy Pelosi just-so-happened to invest $5M into Databricks a few months back...
Earlier Today >>> Amazon $AMZN and startup Databricks just signed a 5 year deal that could cut costs for businesses seeking to build their own AI capabilities. Databricks will use Amazon’s Trainium AI chips to power a service that helps companies customize an AI model or build their own - WSJ
Why Buffett is dumping Bank of America $BAC stock:
Provision for credit losses highest since covid lockdown Source. zerohedge
JUST IN: Tesla moved another $275 million worth of Bitcoin to new wallets 👀
Tesla has now moved $760 million BTC on Tuesday. What is Elon Musk cooking?
“.. Chipmakers are experiencing strangely uneven times. .. companies like $NVDA are blowing down the doors .."
"But in other sectors, including automotive and industrial, the industry has been in a prolonged slump ..” Source: Carl Quintanilla @carlquintanilla on X, Bloomberg
BREAKING 🚨: Illegal SHORT SELLERS in South Korea now face the possibility of LIFE IN PRISON
#freemarkets Source: Barchart
😎 ALMOST NO GLOBAL INVESTORS EXPECT A RECESSION 😎
Only 8% of investors from the BofA survey* expect a hard landing for the global economy within next 12 months, second-lowest reading in 2 years. 76% expect a soft landing. *Survey of 195 participants with $503 billion asset Source: BofA, Global Markets Investor
Chinese e-commerce giant $BABA Alibaba’s international arm launched an updated version of its artificial intelligence-powered translation tool
It says, is better than products offered by Google, DeepL and ChatGPT. 👉 The product supports 15 languages: Arabic, Chinese, Dutch, English, French, German, Italian, Japanese, Korean, Polish, Portuguese, Russian, Spanish, Turkish and Ukrainian. 👉 “The idea is that we want this AI tool to help the bottom line of the merchants, because if the merchants are doing well, the platform will be doing well,” Kaifu Zhang, vice president of Alibaba International Digital Commerce Group and head of the business’ artificial intelligence initiative, said https://lnkd.in/eJrhxVrM Source: CNBC
JUST IN: Bitcoin $BTC will become as big as the entire U.S.
Housing Market says BlackRock $BLK CEO Larry Fink. For reference, Bitcoin's market size is currently $1.3 Trillion while the U.S. Housing Market is north of $50 Trillion. Source: Barchart
