AI needs 650 billion a year to sustain itself. The problem is who will put them on the table

Those responsible for the JPMorgan banking entity they have done numbers. For AI companies to achieve a 10% return on their capital expenditure In 2030, they will need to collectively earn $650 billion. That’s like saying that the 1.4 billion iPhone users will pay $400 a year to use those models. It’s not impossible, but … Read more

The police and firefighters have turned it into a 60 billion company

It is true that in reality The iPhone did not completely kill Motorola, but it left it very touched. In 2007 their cell phones were selling like hotcakes. Their previous foldables, the RAZR, were part of popular culture thanks to the promotional agreements that made Paris Hilton, Eva Longoria Abril Lavigne or David Beckham They … Read more

Sam Altman’s biometric project aimed to scan a billion eyes. It has not even reached 2%

World, Sam Altman’s ambitious project for verify human identity using iris scanshas managed to register 17.5 million people since its public launch in 2023. A figure that, although it may seem impressive, it barely represents 2% of its initial goal of one billion users. a promise. Altman’s idea was to create a global network of … Read more

Oracle signed a 300 billion agreement with OpenAI. Two months later it has lost 315,000 million in the stock market

Since Oracle announced its $300 billion deal with OpenAI On September 10, its shares have lost $315 billion in market capitalization, as they have stated since Financial Times. The technology company He has bet everything on a single card: Become the premier infrastructure provider for the world’s most valuable AI lab. Investors are not convinced. … Read more

Cambricon was a dying company in 2019. Today it is worth 68 billion thanks to an unexpected partner: the US

Chen Tianshi has multiplied his fortune by more than twelve in two years until reaching 22.5 billion dollars. Your company, Cambricon Technologieshas seen its shares soar 765% in 24 months and its revenues have grown more than 500% in the last year. Why is it important. Cambricon’s meteoric rise is not so much a story … Read more

NVIDIA will invest $1 billion to continue advancing AI. The surprising thing is that it will do it in NOKIA

Nokia stopped being in the general public’s conversations years ago. For many people, Nokia is a memory of those rugged phones from decades past. That is why it has attracted so much attention that NVIDIA, the most powerful company right now in the world of artificial intelligence, announce that it is going to invest 1 … Read more

The US has seized $15 billion in bitcoin. This is how the terrifying “pig slaughter” crypto scam works

The US Department of Justice (DoJ) has confiscated about 15 billion dollars in the form of bitcoin. This fortune was in the hands of an alleged fraudster named Chen Zhi who supervised a gigantic crypto scam. One that sadly is becoming more and more frequent and is now known as the “pig slaughter” or the … Read more

There is a mystery customer spending 10 billion on Broadcom chips. Nobody knows who he is and that should worry us

Charlie Kawwas, president of semiconductors at Broadcom, confirmed yesterday that OpenAI is not the mysterious client who signed up to pay $10 billion in custom chips. In September the existence of that enigmatic client became known and there was unanimity assuming that it would be OpenAI. But it turns out it’s not OpenAI. “I would … Read more

Five years ago he worked from his bathroom on the brink of ruin. Today he runs a company valued at 8 billion

The story of Shayne Coplan and Polymarket is one of those striking cases that you like to see in the past. And the founder of this company practically started from bankruptcy in a makeshift bathroom as an office to close a $2 billion investment on the New York Stock Exchange. Now, the prediction markets platform … Read more

Openai has opted a billion dollars to become the Windows of the AI. Or it goes well or is going to be the mother of all bubbles

In recent weeks, Openai has signed contracts that total more than one billion dollars (it is not a False Friend) With Nvidia, Oracle and AMD. But for now it continues to burn effective and does not expect to be profitable, at least, until 2030. Why is it important. This is not a growth strategy. It … Read more

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