The Tour de France has been an unqualified success for EF Education-EasyPost so far, with Ben Healy the star of the team. After taking a spectacular solo victory on stage 6, he swapped the American team’s iconic pink kit for the maillot jaune after making the breakaway on stage 10 on Monday. After his teammates dragged Healy at the rest …
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Meta’s New Superintelligence Lab Is Discussing Major A.I. Strategy Changes – The New York Times
Meta’s New Superintelligence Lab Is Discussing Major A.I. Strategy Changes The New York Times Meta keeps AI spending spree going — plus Amazon shuts down Prime Day critics CNBC Meta’s Days of Giving Away AI for Free Are Numbered Bloomberg Meta’s Zuckerberg pledges hundreds of billions for AI data centers in superintelligence push Reuters Mark Zuckerberg says Meta is building a 5GW AI data …
Read More »GM’s Final EV Battery Strategy Copies China’s Playbook: Super Cheap Cells
General Motors has just announced its latest and likely final piece in what now appears to be a three-pronged cell-chemistry strategy to power GM’s lineup of a dozen EVs through the end of the decade and beyond. GM has stated today it will build low-cost lithium iron phosphate (LFP) battery cells in Spring Hill, Tennessee, starting in late 2027. Conversion …
Read More »European ministers meet to forge strategy after Trump’s surprise 30% tariffs : NPR
The European Union flag stands inside the atrium at the European Council building in Brussels, June 17, 2024. Omar Havana/AP hide caption toggle caption Omar Havana/AP BRUSSELS — European trade ministers are meeting in Brussels on Monday, following U.S. President Donald Trump’s surprise announcement of 30% tariffs on the European Union. The EU is America’s biggest business partner and the …
Read More »Coinbase, Strategy, Other Bitcoin and Crypto Stocks Soar in Record-Setting Week
In brief Bitcoin hit new highs on Thursday and Friday. Coinbase, major miners, and a number of Nasdaq-listed crypto companies also shot up. BlackRock’s spot Bitcoin exchange-traded fund hit a record high during the week. The share prices of crypto-focused companies jumped this week amid the wider market upturn that sent Bitcoin to multiple all-time highs and despite a lull …
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