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29 Aug 2023

Rice likely to get even more expensive as India imposes additional restrictions

India further tightens rice exports as the government sets a floor price of $1,200 per tonne for basmati rice exports. India also imposes a 20% tax on rice sales abroad. Rice is a staple food for half the world. Source: Barchart, Bloomberg

29 Aug 2023

Zillow expects U.S. home prices to jump by 6.5% over the next 12 months

Source: Barchart, Fortune

29 Aug 2023

OpenAI on Monday announced its biggest news since ChatGPT’s debut: It’s launching ChatGPT Enterprise, the AI chatbot’s business tier, available starting today

The tool has been in development for “less than a year” and had the help of more than 20 companies of varying sizes and industries, including Block, Canva and The Estée Lauder Cos. ChatGPT Enterprise includes access to GPT-4 with no usage caps, as well as performance up to two times faster than previous versions and API credits. ChatGPT Enterprise provides all the core capabilities of ChatGPT like essay writing and coding assistance. But it also adds enterprise-grade features like enhanced privacy controls, usage analytics, and performance boosts. This puts it on par with Microsoft's Bing Chat Enterprise in terms of targeting workplace usage. With ChatGPT Enterprise, companies get admin tools to manage employee access, shareable conversation templates to build workflows, and API credits for custom integrations. Source: CNBC, cyberkendra

29 Aug 2023

UPS was founded this day in 1907. It launched in the basement of a bar and the founders were still teenagers

They had two bicycles for deliveries. They borrowed $100 to get started. That’d be about $3,200 now. Today, UPS generates $3,200 in revenue every 2 seconds. Source: Jon Erlichman

29 Aug 2023

The difference between being financially rich and enjoying a rich life

Source: Seek Wiser

28 Aug 2023

The US and China are the ones investing massively in innovation and the future

Europe is lagging and prefer first to debate about regulating AI. Thsi could have serious consequences in terms of competitivity, productivity and economic growth. Source: Standard Chartered, Michael A.Arouet

28 Aug 2023

Learn anything…using the Feynman technique

Source: safalniveshak thru Vishal Khandelwal

28 Aug 2023

Warren Buffett’s Financial Statement Rules of Thumb

Source: Brian Feroldi

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