The All Arounders CEOs

01/01/2025

01/01/2025

_HAPPY NEW YEAR_ ‼️🤺🔥🚀📈🌎🏦 💯🎊

12/05/2024

Amazon Web Services (AWS) announced plans for “Ultracluster,” a large-scale AI supercomputer powered by its homegrown Trainium chips, alongside the launch of a new server, Ultraserver. The Ultracluster, part of Project Rainier, will consist of hundreds of thousands of Trainium chips and is expected to be operational by 2025. It will support AI training for Anthropic, an AI startup that recently received a $4 billion investment from Amazon. When completed, the Ultracluster will rank among the world’s largest AI training systems.
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12/05/2024

Apple is utilizing Amazon Web Services’ (AWS) custom artificial intelligence chips to enhance services such as search functionalities and is assessing the potential use of these chips for pretraining its Apple Intelligence models. This collaboration was highlighted during the annual AWS Reinvent conference, where Apple openly acknowledged its use of Amazon’s AI chips.

Apple’s senior director of machine learning and AI, Benoit Dupin, presented at the conference, detailing Apple’s decade-long use of AWS technologies, such as the Graviton and Inferntia chips, across various applications including Siri, Apple Maps, and the App Store, achieving a 40% improvement in efficiency over traditional x86 chips.
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12/05/2024

Intel Chief Executive Pat Gelsinger has resigned after less than four years in his role, following a board meeting where it was decided that his turnaround strategy for the company was not meeting expectations. Under his leadership, Intel sought to reclaim its leading position in the production of high-performance computer chips but continued to lag behind competitors like Taiwan Semiconductor Manufacturing Co and Nvidia. Gelsinger was presented with the choice to retire or be removed by the board, leading to his decision to step down on December 1.
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12/05/2024

A tech rally boosted US stocks on Wednesday, with all three major indexes hitting new record closes, as investors digested Federal Reserve Chair Jerome Powell's comments that US economy is in "remarkably good shape."

Here's a look at stocks that closed the day a new record highs
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12/05/2024

_Economists Predict US Economy to Outperform Consensus Forecasts in 2025_

As the world enters 2025, economists are optimistic about the US economy's prospects. Despite initial concerns about a potential recession, strategists are now leaning into the post-pandemic trend, highlighting that consensus economic forecasts will once again be surprised to the upside.

This optimism is fueled by several factors, including:

1. _Resilient Consumer Spending_: Consumer spending, which accounts for a significant portion of the US economy, has shown remarkable resilience in the face of economic uncertainty.
2. _Business Investment_: Business investment has also been on the rise, driven by increased confidence in the economy and a desire to take advantage of emerging opportunities.
3. _Government Support_: The US government has implemented various policies to support economic growth, including tax cuts and infrastructure spending.
4. _Technological Advancements_: The rapid pace of technological change is driving innovation and productivity growth, which is expected to have a positive impact on the economy.

As a result, many economists are predicting that the US economy will outperform consensus forecasts in 2025. This could lead to:

1. _Faster GDP Growth_: The US economy could experience faster GDP growth, potentially exceeding 3% in 2025.
2. _Lower Unemployment_: The unemployment rate could fall further, potentially dipping below 3.5%.
3. _Higher Stock Prices_: The stock market could experience a significant rally, driven by increased confidence in the economy and corporate earnings growth.

While there are always risks and uncertainties associated with economic forecasting, the current trends and data suggest that the US economy is well-positioned for growth in 2025. As a result, investors and businesses would be wise to take a bullish view of the US economy in the year ahead.

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12/05/2024

Elon Musk envisions a renewable future powered by Tesla’s integrated ecosystem of solar energy, battery storage, and electric vehicles. Solar panels and Solar Roofs harness clean energy, while Tesla's Powerwall and Megapack store it efficiently, ensuring homes and businesses remain powered sustainably. The company’s electric vehicles reduce carbon emissions, backed by innovations like super-efficient batteries and charging networks. Musk’s plan aims to shift the world toward a carbon-neutral economy, proving that renewable energy and advanced technology can coexist for a sustainable planet.
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12/05/2024

Mark Zuckerberg's desire to play an active role in shaping U.S. technology policy under President-elect Donald Trump's administration is expected to significantly benefit Meta. By influencing tech policies, Zuckerberg can shape the regulatory landscape to support Meta's interests and growth.

__Key Benefits for Meta__

- _Influence on AI Regulations_: Zuckerberg's involvement in shaping AI policies can help Meta stay ahead in the AI race, particularly in areas like content moderation and cybersecurity.
- _Favorable Business Environment_: A close relationship with the Trump administration can lead to a more favorable business environment for Meta, with potential tax breaks, reduced regulatory scrutiny, and access to government contracts.
- _Enhanced Credibility_: Zuckerberg's involvement in shaping tech policies can enhance Meta's credibility and reputation as a responsible and influential tech leader.
- _Increased Stock Value_: A favorable business environment and increased credibility can lead to an increase in Meta's stock value, benefiting shareholders and investors.

Overall, Zuckerberg's active role in shaping U.S. technology policy is likely to benefit Meta by providing opportunities for growth, influence, and credibility.
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12/05/2024

Cryptocurrencies representing a euthanised grey squirrel, a Thai pygmy hippopotamus and a cartoon dog have exploded in value since last month’s US presidential election, as Donald Trump’s victory triggers a surge in speculation in so-called memecoins. More details here:
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12/05/2024

‘Given the heightened market volatility, even small incidents can amplify anxiety’: South Korean officials stepped in to shore up support for the country’s financial markets as investors braced for political uncertainty after President Yoon Suk Yeol’s failed attempt to impose martial law.
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12/05/2024

President-elect Donald Trump announced Wednesday that he intends to nominate cryptocurrency advocate Paul Atkins to chair the Securities and Exchange Commission. The pick signals a looser regulatory agenda at Wall Street’s top watchdog and come shortly after Trump nominated Gail Slater to head the Department of Justice’s antitrust division.
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