dollars

OpenAi already enters 1,000 million dollars per month. They are crumbs compared to what you need to be profitable

by

The launch of GPT-5 It has been rather disappointing for users at street level and has arrived accompanied by some problemssomething that has recognized the Sam AltmanCEO of OpenAi. However, it is sweeping a key sector: Companiesfor the quality of its reasoning models and its price. Not being a company that quotes in the stock market, the doubt is how much success translates into large income, and Sarah Friar, Financial Director of OpenAi has given a key fact: OpenAi has entered 1,000 million dollars in a month (July) for the first time in its history. Results as good as insufficient. Openai’s reality is that it is still early to celebrate a figure like that announced by Friar, especially when the executive recognized that artificial intelligence “right now is voracious in GPU and in a computational power.” In that sense, he affirmed that the biggest problem they face is “being constantly under computational capacity.” That is, the demand for the use of GPUs of its models is greater than the resources they have to cover it. The plan to cover your needs is clear, and Friar recalled it: “That is why we launch Stargate”, in reference to that Historical project In which partners such as Microsoft, Oracle, Nvidia and ARM participate, and in which they expect to spend 500,000 million. They expect, because There is still no single contract signedand find more sources of financing It is a huge challenge. With this financial context, the 1,000 million dollars that OpenAi already enters a month are totally insufficient. They look for solutions, but more complications arise along the way. The reality of artificial intelligence according to Sam Altman is that his demand will continue to grow, their training needs will continue to grow and spend “probably more aggressively than any company has done in something for progress.” Given this need, OpenAi seeks solutions, such as selling 6,000 million in shares with an assessment of 500,000 million dollars, after raise 40,000 million in a financing round at the end of Marchwith an assessment of 300,000 million. 18,000 million were going to dedicate themselves to the Stargate projector. The problem is that to get the last 30,000 million of that round, Openai had to become a “For-Profit” company, a path that He has recently abandoned. A problem structure of expenses. As much as Openai continues to have the confidence of large investors such as Softbank or Microsoft, the problem is that the company’s expenses are huge. Not being a quoted company we cannot know official figures, but estimates point to 8,000 million operating expenses per year (They do not count investments, infrastructure or other financial obligations). Even if it continues to enter the current rhythm (1 billion per month), in 2025 it would not go from 12,000 (the estimate they handled for this year, According to The Information). That is, only their operating expenses “eat” 66% of the operating expenses, which do not contemplate their higher volume investments. The cost scheme is very complicated, and Sam Altman came to affirm that They lost money even with chatgpt prothe subscription of 229 euros per month. And the profitability for when. According to An internal studyOpenai will lose 44,000 million dollars between 2023 and 2028, and 14,000 million only in 2026, the triple of those estimated by 2024. It will have to wait four more years, until 2029, so that the company exceeds the Break Even And I achieve The long -awaited profitability. It is something they estimate that they would get 100,000 million dollars annually. Right now, viral moments such as the generation of chatgpt ys imagesor explosion of images of Ghibli either help: “Derritate” servers with a huge cost. The good news is that Sarah Friar confirmed that they have seen acceleration in the adoption of payment subscriptions. But much remains to stop losing money. Image | Dima Solomin In Unspash, Village Global In Xataka | Google has finally revealed how much electricity and water consumes its AI. Estimates could not be more wrong

Saudi Arabia cuts 8,000 million dollars its budget

by

He Neom megaprojectit has been the closest to the construction of the great pyramids that Middle East has lived. The project intended Undoil to Saudi Arabia of its dependence on fossil fuels that have supported the country during the last decades, to make it an attractive destination for investments and High purchasing power tourism. According to published Reutersthe Public Investment Fund of Saudi Arabia (PIF for the acronym in English of PUBLIC INVESTMENT FUND), which promotes these initiatives, announced a reduction of 8,000 million dollars in its budget for Neom. An 8,000 million ax. The PIF has opted for Recalibrate your investmentsprioritizing more realistic objectives and extending the deadlines for execution to relieve financial burden on the sovereign fund of the country. The very high costs of projects and complicated geoeconomic situation has forced Saudi Arabia to make an important financial adjustment that Question viability of some of the Pharaonic projects that had been planned in different parts of the country. Neom touched, but not sunk. According The published data by him Financial Timesthis cut implies a reduction of approximately 12.4% of the total value of the five key megaprojects that formed the Vision 2030 plan, with Neom as one of the most affected. The declared value of these projects went from 241,000 million riyales in 2023 to 211,000 million in 2024. That depreciation in the value is equivalent to about 8,000 million dollars, which is an important cut in investments. Oil price plays against it. The budget adjustment responds mainly to the Petroleum price drop and the accumulation of significant cost overruns in these megaprojects. CNBC He pointed outThat the value of the projects has been reduced due to delays, cost overruns in their execution and changes in the geopolitical situation of the area that have pushed down the profitability of the PIF. Mónica Malik, Chief Economist of the Abu Dhabi Commercial Bank, pointed to Reuters that “the recalibration is also important to contain the bad allocation of resources and the cost pressures of the projects”, prioritizing investments For those projects that are already committed to the organization of world events such as the football stadium that will house The Line on its roof on the occasion of the 2034 Soccer World Cup. 1,000 stroke jobs. Financial difficulties had already forced to review the scope and rhythm of development in the past. For example, in The Line HE They reduced expectations Initials 170 km long from the project, 2.7 km by 2030. In this new scissors, they will be affectedthousands of employees. Many of them have already been fired to reduce costs, while more than 1,000 workers will be relocated to the most priority projects, which will slow or put in technical break to Other projects for lack of personnel and financial resources. Reality was not as spectacular as Renders. In addition to Neom, other linked projects have shown less promising results than expected. Trojena, the ski resort that will house the 2029 Asian Games and the 2030 Winter Olympic Games, faces considerable challenges Due to the climatic conditions and the limitations of its infrastructure, generating doubts about their ability to meet the initial expectations. Another example of little interest that are provoking the infrastructure that has already ended Saudi Arabia is Sindalah, The tourist island Within the Neom Plan, showing that in addition to offering some Renders Futurists Of your projects, it is also necessary that the result be good enough to attract investors. In Xataka | An inverted and bunkerized skyscraper: the idea of Saudi Arabia to attract multimillionaire tourism Image | Neom

Now we know everything that the new North Korea resort offers for 2,000 dollars. There is only one rule: be Russian

by

The first time we listened to the idea there was talk of setting up a Benidorm species North Korean version. That first outline mutated until woning already North Korea in a holiday place. The doubt since then, and more after Its inaugurationIt was knowing what attractions this resort had in one of the most isolated enclaves in the world, and what guests would go to the call. All that and something else has just known. Exclusivity and Russians. I told this week The journal wallstreet through a trip that has lasted seven days. The coastal complex by Wonsan Kalmaone of Kim Jong’s emblematic projects to exhibit an image of modernity and prosperity in North Korea, opened its doors to foreign visitors for the first timealthough very selectively: Russian citizens could only access. Conceived in 2018 and announced by the leader himself in his New Year speechthe project was inspired by leisure destinations Like Benidormwith plans for hotels of high height, casino, shopping centers and an aquatic park. According to the Official propagandait is a sample of the “policy centered in the people” and the large investments of the regime in social welfare, although satellite images show that a good part remains unfinished. Pompa and reopening. The partial reopening of borders In Februaryafter the total closure by the pandemic, it has served at the same time to strengthen cooperation political and military With Moscow, in a context in which Kim has promised Unconditional support to the Russian war against Ukraine. The Journal told that the inaugural visit of 13 Russian tourists It coincided With the arrival of Foreign Minister Serguéi Lavrov, housed in the best hotel and personally received by Kim on his private yacht. Experiences. The group of the first visitors, composed of experienced travelers and High purchasing powerhe started his tour with three days in Pyongyang before moving to Wonsan. Although the initial plan was to fly, they were redirected on a 10 -hour train trip to cover the 120 kilometers to the eastern coast, a change attributed to preparations for the preparations for the Arrival of Lavrov. Once at the resort, they met deserted beachesan extremely attentive service and disposal of the staff to satisfy any request, from preparing custom breakfasts to deliver chairs and speakers in the sand. And more. The beaches, apparently, They are segregated For premises and foreigners, the aquatic park remains closed to the latter and payments are made with recharged electronic bracelets only in dollars, euros or yuan. Prices ranged from 60 cents of a beer and the $ 465 of a model of a HWASong-17 missilewhile some activities, such as the use of aquatic motorcycles or quads, were free due to the absence of fixed rates. The visitors claimed to have enjoyed an unusual freedom to take photographs, documenting curiosities such as imported Heineken beer, war toys and buses with propaganda slogans. Of inside doors. The Arrival of Lavrov It altered the routine of the complex, which was filled with North Korean visitors apparently belonging to the elite, identifiable by its careful clothing and latest generation mobiles, something uncommon in the country. More. The hotel staff apparently showed behaviors that They surprised to tourists, such as ignoring “not disturbing” posters or reducing the temperature of hot water without consent. In a striking episode, the medium that dozens of North Koreans were equipped with swimsuits And they threw themselves into the sea next to the Russian visitors, including the group’s own guide, who did not know how to swim and spent hours clinging to one of them. Objectives and projection. What’s doubt, Wonsan Kalma It is not only an leisure center, but a propaganda instrument that the regime uses to demonstrate that it can offer luxury and recreation despite international sanctions and internal precariousness. In the domestic sphere, access to North Koreans is expected to be used as Loyalty Award Politics, reinforcing the official narrative of prosperity under the direction of Kim. The initial restriction of Russian visitors underlines the narrow tune strategic with Moscow and adds an element of exclusivity that enhances its symbolic value. In this way, experts point out that attracting international tourism in volume It will be difficultsince most travelers interested in North Korea seek their capital, their ideological monuments and military enclaves, Not a vacation on its beaches. It does not seem to import much in Pyongyang, where the regime plans to receive a second group of Russian tourists shortly, using Wonsan as a showcase of his political alliance and as an outgoing exterior. A place where the hospitality and the staging reinforce the message that, even under sanctions, North Korea can offer experiences that it intends to present as exclusive and luxurious. Image | Clay Gilliland, Heute In Xataka | North Korea has built a resort so great that it now faces another problem: find tourists to fill it In Xataka | After years with its closed borders, North Korea has opened to foreign tourism. The price: more than $ 600

But the houses are real and cost millions of dollars

by

Jeff Bezos, founder of Amazon and one of the richest people in the world, has expanded his empire Beyond online trade and the subspacial missionsto get a luxurious real estate heritage. The millionaire has acquired exclusive properties in some of the most exclusive areas of the United States, which include from luxurious Tríplex mansions and penthouses in Manhattan, to gigantic ranches in Texas and historical properties in Beverly Hills. An empire of strategic mansions and land Bezos’s richness has allowed him to consolidate a real estate portfolio that includes mansions and large extensions of land. Among its best known properties, what was your main residence in Seatle, located in Medina. Very close to the famous Xanadu 2.0 by Bill Gates. Bezos acquired this property in 1998 for 10 million dollars and expanded it considerably with renovations that exceeded 26 million dollars. This property of almost 21,400 m2, has two houses of 1,914 m2 and 771 m2 respectively. That same year he bought for 49 million dollars the La Haye estate, of 2,229 m2, which bordered his house, expanding in two hectares his property on the banks of Lake Washington. According The published by Business Insiderin total, the millionaire treasures up to eight properties in that area. In addition, the founder of Amazon also has several mansions in the exclusive Beverly Hills. Of all of them highlights the historical Jack Warner Estate Mansion For 165 million dollars in 2020, one of the most expensive purchases made by Bezos according to The Wall Street Journal. It also has four other houses in a private complex that include comforts such as tennis court, golf courses and gardens. Always pending the movements of Wall Street, New York remains a strategic enclave for Bezos, so the millionaire It was good to buy Five Apartments 212 Fifth Avenue, adding a total investment of about 119 million dollars. One of those floors is a tríplex attic for which the millionaire paid 80 million dollars. The expansion to the south: Indian Creek, the shelter of the millionaires In 2023, Bezos announced that He moved to Miami To be closer to the Blue Origin operations base (and incidentally saved some hundreds of millions of dollars in taxes). There he would set his main residence in Indian Creek, also known as Billionaire Bunker for his exclusivity and security. Houses by Jeff Bezos in Billionaire Bunker The founder of Amazon has acquired three properties On this small island of 1.2 million square meters where there are only 41 homes. Its investments in this area total more than 300 million dollars. Two of these mansions are contiguous, so the millionaire has repeated the same play as in Seattle and has demolished both mansions to unite them in a single property. According to published The worldwhile the millionaire built his new residence, moved to a mansion in Miami that bought the daughter of the Spanish businessman Publio Cordón for $ 78 million. The taste for the islands of Jeff Bezos is not limited to Miami. According The published by ABCthe millionaire bought in 2021 a 5.7 -hectare estate on the island of Maui, for which he paid about 78 million dollars. A ranch with astronomical dimensions for Blue Origin Texas is another of the key pieces in the real estate framework of Jeff Bezos. To the south of the state is the Rancho Figure 2, a huge ranch of 66,773 hectares, which not only represents a huge investment in land, but fulfills a strategic function as a test laboratory For Blue Origin. In addition, at some point between 2003 and 2024, Jeff Bezos has accumulated more than 161,875 hectares of rustic land, which makes the founder of Amazon Vigoercero major landownerof the US according to the list that every year elaborates Land Report. Something that, again, the millionaire coincides with Bill Gateswhich occupies the 43rd position of that list. In Xataka | Jeff Bezos is making a mansion in Billionires Bunker: the problem is that they don’t know what to do with their excrements Image | Flickr (IAFASTRO)

In his efforts to retain Elon Musk, Tesla has found a formula to motivate him to follow as CEO: 29,000 million dollars

by

Tesla has approved a New Actions Package For Elon Musk valued at approximately 29,000 million dollars According to the market value. The new remuneration plan to the CEO of Tesla has, as the sole objective of binding the chair of executive director, at least In the next two years. The measure arrives at a time when the company’s actions seem to have stabilized after successive political earthquakes caused by Musk, who have shaken the confidence of investors. This tense calm has led to Tesla seeking to ensure the permanence of Elon Musk in front, with a new temporary agreement that, as They stood out in Financial Timesmove away from conventional ones Bonds by objectives of the CEO Of the big companies and seems to be more an incentive for Musk to change their attitude and focus on their work in Tesla. 29,000 million in exchange for behaving well The new incentive package, valued in about 29,000 is, in reality, A temporary solution. The previous Musk remuneration bonus approved in 2018 for more than 56,000 million dollars was blocked up to twice by a delaware court before the complaint of a Tesla shareholder who He considered it excessive. The court He proved him. That is, Elon Musk would have been working since 2018 in exchange for a symbolic salary to which the law forces (about $ 56,000 a year, According to the accounts presented by Tesla) to which the CEO resigned, since it could not collect the incentive bonus it did. With this new remuneration package, Tesla seeks a way to compensate Musk for the work of the last seven years, while unlocking his previous compensation. If you finally unlock Your 2018 bonus, This package will be canceled and will only receive the 56,000 million dollars that he had already achieved. The package approved by Tesla gives Musk 96 million restricted shares that may be exercised with a fixed price of $ 23.34 per share, well below the current market prices that are around $ 300 per share. In order for Musk to receive these actions, he must continue playing a management role (not necessarily CEO, just manager) in Tesla up to at least 2027 and maintain blocked shares five years later to only sell what is necessary for taxes. The electric car manufacturer has defined the offer as a “first crucial step” for a “long -term compensation strategy for CEO”. Its plan is to design a more detailed remuneration plan and with a more long -term vision for Musk before the company’s shareholders board in November, to submit it to a vote. Attracts attention that, unlike what is usually common in Incentives to managersthis remuneration is not linked to the demand for greater dedication of Musk to solve the problems of Tesla or the achievement of certain challenges that the company has ahead, such as overcoming The fall in sales In good part of the world markets, the Robotaxi implantation autonomous or the development of Optimus robots. Tesla seems to conform to Elon Musk occupies CEO’s chair for the next two years, a rather lax demand taking into account that a few months ago investors claimed Musk to dedicate At least 40 hours per week to Tesla, considering that divides its time into other companies such as Spacex, Neuralink and XAI. Musk motivation and future A few months ago, before the judicial blockade of his 2018 bonus, Musk himself already stated that he can “lose motivation” if he is not compensated properly and dedicate Even less time To Tesla. Therefore, this millionaire package is key to having it focused on the company and preventing it from dispenseing in its other projects. As the Wall Street Journal remembered, Elon Musk said he wanted to have enough control Voting not to be “unseed by activist investors.” “It is not a matter of money. It is a reasonable control over the future of the company. Above all, if we are building millions, potentially billions, of humanoid robots. I can not sit wondering if the activists are going to throw me for political reasons. It would be unacceptable. That is the only thing that matters,” he said In an interview During the Catar Economic Forum in May. The main trick in Tesla’s manga is that Musk, in addition to its CEO, is also one of its main shareholders, controlling approximately 20% of its actions. That is some 194,000 million dollars of your personal fortune. Which is already in itself A good incentive. In Xataka | How much money Elon Musk has: how the fortune of the man who plans the colonization of Mars from a social network is distributed Image | Tesla, dvids (Trevor Cokley)

To play Dungoons & Dragons you just needed ball, paper and dice. Now a course of 2,000 dollars wants to teach you better

by

To direct a game of Dungoons & Dragons, the legendary role -playing gamejust a dice, a paper and a pencil. Okay, you need to know basic rules, but essentially traditional role -playing games are a lot of friends using their imagination to develop stories. the D & D Dungeon Master University It is willing to end that: one thousand euros for an accelerated and official role of role in a luxury environment and surrounded by experts in the field. It is not an eccentricity: it is the last sample of the tendency to become the luxury experiences of the simplest hobbys. What is this university. A luxury retreat that teaches you all the secrets of the role of role games. There are subjects such as skill development, campaign creation, world construction and professional development. It will take place at the Oglethorpe University of Atlanta. The courses will be on January 2 and 3 of next year, although students who are from January 1 to 4 are asked (a bit complicated dates, if they ask us). As for prices, they range from $ 995 to 2,250, which includes private meetings and games with teachers and other advantages (such as an exclusive jacket). But who are these people. The event is organized by the people of D&D in A A A A, organizers of immersive retirement events that they offer Dungeons & Dragons experiences within real castles (All officially and in collaboration with the owners of the brand). For four days, players of all levels play the role in marathons that arrive at 24 hours and with all the comforts (food, accommodation) inspired by the game. Of course, there are parallel activities (workshops, miniatures, Escape Roomsarchery …) to foster the community, in what becomes a kind of thematic cruise, but dry. Make community. In principle it seems an eccentric luxury, but it is only another way to create new physical ties in hobbies. As he counted This great article about The Verge Comic-Con, Sharing our hobbies is an extremely healthy attitude and the Dungeon Master University and his older sister, D&D in A Castle, are ways of promoting them. Increasingly, conventions, courses and encounters are ways of prolonging our leisure and free time, and there are even websites, such as Meetup, Classbento in the United Kingdom or Fancoons in the US that are responsible for listing and announcing these types of activities. Hobby is a luxury. But beyond conventions and encounters, there is another trend behind these wealthy role -playing courses: to convert simple, traditionally cheap and accessible activities for everyone, in luxury artifacts. Reading clubs are transformed into part of the activities of select clubs at 2500 euros of fee per year; embroidery is the opportunity to make a Exotic and luxury trip which includes workshops and talks about technique; The paint is carried in the calls Art Holidays, where natural can be painted in exquisite landscapes; And something similar happens with photography, to extremes such as expeditions Capture Earth To photograph wildlife. The meaning of luxury. Luxury experiences They have always been there to corroborate social status or to fantasize with what is no more than A couple of days a yearbut this trend goes one step further: it converts our more conventional hobbies into unique experiences. One more step in the transformation of our life into a showcase, including such little distinguished activity (until now) How to play role. In Xataka | Paper, pencil and a messaging app: this is all you need to play ‘Dungoons & Dragons’ and other role -playing games

We do not know if Bill Gates is the owner of this incredible supereyate for sale. What we do know is its price: 645 million dollars

by

During the summer it is usual to see the richest 1% on the planet enjoy the sea and the sun aboard immense floating mansions in the form of supereyates that anchor near paradisiacal destinations such as Balearic coasts or the Caribbean islands. Bill Gates is not very given to boat walks, so It is not a regular of the covers of those supereyates. In fact, the founder of Microsoft has never recognized being the owner of one, as they have done Jeff Bezos, Mark ZuckerbergLarry Ellison and Even Amancio Ortega. However, that has not been an impediment to be attributed to the property of one of the most advanced and expensive supereies in the world: the Breakthroughthe first ecological supereate driven by a pile of hydrogen that now is put on sale for 645 million dollars. Bill Gates and a superyate that has never stepped on Since the Breakthrough He left the shipyard that manufacturer Feadship has near Amsterdam in October 2024, his name It has been linked To Bill Gates. That I tend into account that neither the millionaire nor the manufacturer have at any time confirmed his property, and the millionaire has never been seen walking through his covers, so there is no evidence that Bill Gates is really the owner of the owner of the Breakthrough. That said, it is easy to imagine the reason why it is linked to this floating palace with Microsoft’s founding millmillonarium. Its sale price less than a year ago was 645 million dollars, so the ship was limited to a few fortunes that could assume such cost, and its subsequent maintenance. On the other hand, Gates’s commitment to him Clean energy development and innovative projects could intuit that this innovative yacht could be one of the Sustainable initiatives of the tycoon. However, today, it is not possible to confirm that the Breakthrough Be one of Gates’ whims. Breakthrough The first driven by hydrogen Beyond its spectacular design and dimensions, the greatest challenge for Feadship was to develop the propulsion system of the Breakthrough. Instead of conventional diesel engineswho was known as PROJECT 821 It is based on a liquid hydrogen cell system stored at cryogenic temperatures below -253 degrees Celsius. This technology requires a lot of precision management and design to guarantee safety and efficiency due to high hydrogen volatility. The machine room stands out because, to accommodate the storage, conversion and hydrogen management systems, much more space is required than in conventional propulsion systems. The entire electrical system of the yacht, from the propulsion to the lighting and air conditioning of the ship, is feed on the electricity generated by this clean fuel, leaving water as the only residue. This type of system is a pioneer In the nautical sector and represents for many experts a real advance and a reference in terms of Innovation in maritime transportation. Jamie Edmiston, Executive Director of the Yates Management Company that has it for salehe said in a statement collectedby Fortune than the Breakthrough It is “the most extraordinary yacht ever built and the one that will change everything.” A floating palace in a sea of luxuries In addition to being the first to incorporate a quieter and more sustainable technology with the environment, the Breakthrough has not neglected the luxury and exuberance demanded by the users of this type of ships. This superyte It is 118.8 meters in length and 19 meters of manga (wide). It has 15 luxury cabins with capacity for up to 30 guests, and space to house the 44 crew that guarantee personalized attention 24 hours. According The published by Forbes Australiaamong its comforts are five covers on the flotation line and two more under it, communicated with an interior elevator that facilitates access. Another peculiarity is that from their helmet 14 balconies are displayed that leave a panoramic view from the cabins. The main cover on the bridge is basically an apartment with two bedrooms, two bathrooms, dressing rooms, private gym, pantry, two offices with chimney and living room. In addition, it is equipped with a complete hospital for medical emergencies, a library with selected collections, private cinema, pool and jacuzzi and fully equipped gym. The designers of the British Redman Whiteley Dixon study used a light neutral, marble, rattan, smoked eucalyptus wood and oak details to create a luxury atmosphere and exclusivity. All for the modest price of 645 million dollars. In Xataka | We already knew that superyates were floating mansions: that of Roman Abramovich is a fortress with antimile shield Image | Feadship, EdmininstonWikimedia Commons (Jennifer Jacquemart)

Europe has promised to spend 250,000 million dollars in US energy. The problem is that the USA surely does not have it

by

On the facade of the Turnberry golf course, between the Scottish Greens and the handshakes of hand, Europe and the United States They avoided a commercial war with an agreement that has been received with relief, but with considerable skepticism. As a headline, diplomatic victory sounds, but energy reality hides much greater complexity. The tariff pact. Donald Trump described the agreement as “the greatest of all”, announcing it from his Scottish resort. For his part, Ursula von der Leyen stressed that they had avoided reaching 30 %tariffs, which Washington had threatened to impose if an agreement was not reached before August 1. The agreement establishes a 15% tariff On European exports to the United States, accompanied by investment and import commitments that seek to “rebalance” a historically asymmetric commercial relationship. However, among the headlines a figure stands out: 250,000 million dollars annually in European Liquefied Natural Gas Purchases (LNG), Petroleum, coal and even US nuclear fuel. And there begins the problem. Does the United States have the capacity? The answer, As the journalist Clyde Russell has analyzed in ReutersIt is a clear “no.” In 2024, the total value of the United States energy exports to the European Union – including raw, gas, coal and refined products – was approximately 65,000 million dollars. To reach 250,000 million promised, they should quadruple. Even if Europe bought 100 % of US exports of crude oil, gas and coal – and no other country received a single drop of American energy – it would continue to be well below the objective. Russell He has described it As “an illusion”, comparable to the failed “phase 1” agreement between Trump and China in 2019, when energy purchases of 200,000 million were promised that were never fulfilled. So what is motivation? The explanation is more in politics than in logistics. The EU has preferred to avoid an escalation that threatened to paralyze its industrial exports, especially in sensitive sectors such as motor, pharmaceutical or semiconductors. As Columnist Pierre Briançon has explained in Reutersit is a “chapter disguised as success.” The new 15 % tariff multiplies by ten the previous average (1.6 %) and is not accompanied by equivalent tariff concessions by the US, beyond some specific sectors such as aviation or certain chemicals. Meanwhile, the European bloc also promises an additional 600,000 million dollars in direct investment in the United States during Trump’s mandate, including armament purchases. All this in a context of increasing tension by war in Ukraine, the dependence of NATO and American pressure on European technological regulations. From Moscow to Texas. One of the key justifications presented by Von der Leyen is that this energy turn reinforces European independence with respect to Russia. As pointed out in The Telegraphimporting US gas and oil will allow the continent “to free itself from Russian energy blackmail.” However, As several diplomats cited by Financial Times have pointed outThis also means a deeper dependence on an unpredictable and volatile trade partner. “Trump knows exactly where our pain threshold is,” an ambassador confessed to the British newspaper. In fact, it is not the first time that Trump threat directly to the EU with punitive tariffs if there are no immediate concessions. In addition, the London medium has detailed That the EU had a retaliation package worth 93,000 million euros, but was never activated due to lack of internal consensus. Germany, Ireland and Italy pressed to soften measures and protect national interests. Brussels’s “commercial bazuca” never shot. A word flies over: renewable. This energy turn also puts the European ecological transition under pressure. The pact does not mention concrete commitments in renewables, and on the contrary, Trump took advantage of the summit to load against wind energy, describing it as “the most expensive energy form” and a “scam”, As the Telegraph has collected. This raises a contradiction: while Brussels promotes projects such as Invest ai To create chips gigafactories and boost green digitalization, at the same time compromises astronomical sums on fossil fuels. A dissonance that, As the expert Mujtaba Rahman recalled in statements to Nyt“It reflects European concern for other geopolitical scenarios rather than for energy coherence.” Are they winning time? To ask ourselves, this is the first thing that comes to mind: it seems that Europe has bought time. Time to avoid immediate reprisals, to keep Trump moderately satisfied, and for the next administration – be it or not – redesign the rules of the game. A strategy that reminds the “Run the Clock” with which China sailed the 2019 trade war. Meanwhile, neither 250,000 million exist, neither gas flows yet, nor are the details closed. As The journalist Tim Wallace has summarized: “What seems like a tactical victory today, tomorrow can reveal its strategic cost.” Image | Unspash Xataka | The US has come to threaten Apple to manufacture the iPhone in the country. Your answer: spend 500 million in magnets

It is one of the ugliest ferraris and cannot be driven either on street or circuit. And yet it is worth more than one million dollars

by

From the Ferrari factory in Maranello some of the most beautiful cars in history have come out. Jewelry like him Ferrari 250 Gto, Rome, Laferrari or the Ferrari Daytona SP3 are some examples of the good taste and exquisiteness that cars bend with the shield of “Il Cavallino Rampante“ However, there are others that, let’s say, that you have to get used to looking at them. This is the case of Ferrari F150 Muletto M4, a prototype that, directly, we can consider as the ugliest car of the brand. One so ugly, which does not even allow you to circulate on public roads or roll in circuits. Ferrari engineers went their hand Such and as they tell in Luxury launches The F150 did not come out of the pencils of no official designer of the brand (at least not one that had the design title), but is a mule: a prototype of tests in which engineers prove and develop the Future brands of the brand. The F150 Muletto M4 was born with a purely functional purpose that was based on the chassis of a Ferrari 458 Italia, adapted to test the New hybrid V12 engines that Ferrari developed at the beginning of the 2010 to boost the future Laferrari. Internal level, Laferrari’s project was known as F150, and hence, being the mule of its engine, this Begindro Prototype received the name of F150 Muletto, in its fourth development. Computer simulations help for much of the development, but when it comes to refining mechanics, it is necessary to touch asphalt. That forced Ferrari’s engineers to put that engine on wheels and take it out in these mules to shoot through the private circuit of Fioran, away from the curious looks. This is how this car, although in appearance, was the protagonist of hundreds of kilometers of trials in secret. The Ferrari engineers approach to this prototype was absolutely practical and, as it is obvious, Aesthetics It was in the background. Rivets throughout the body, a nose that fights against the laws of physics (and good taste) exhaust pipes that stand out from the body and removable panels covering the engine so that engineers could more comfortably access the new propeller to apply changes are the explanation of its disastrous design. Ferrari finished the first phase of Laferrari motor tests between May 2011 and December 2012, so, with the main completed developments, the prototype ceased to be useful. Ferrari thought that instead of discarding it Without further ado it would be a good idea to offer it as rarity to the most faithful fans of the brand. He did it with a single condition: they could never be homologated, so this car could never step on the street Not a public circuit. It is, therefore, a whim for engineering and history enthusiasts. A AUCTION FOR INSOLITO PRICE The F150 Muletto M4 still maintains the original version of that V12 hybrid engine capable of delivering 789 hp, compared to the 963 hp of the final version that ended up promoting the Laferrari de Production. This peculiarity is precisely what gives its historical and experimental value to the prototype, being a key piece in the development of the Ferrari hybrid range. Now, the RM Sotheby’s auction portal will present it On a bid on August 15, testing the fervor of Ferrari collectors for the unique pieces, regardless of their real functionality or appearance … controversial. At least on this occasion, we can say that real beauty is inside. In Xataka | Ferrari had been demanding a toy company for 10 years. Everything for Testarossa to be a car and not a bicycle Image | RM Sotherby’s

The largest piece on Mars on Earth has just sold for 5.3 million dollars

by

A Roca from Mars which was found in the Sahara desert in November 2023 has sprayed all records in an auction in New York. A 25 -kilogram meteorite. The largest piece of Mars found on Earth already owns, and is an anonymous buyer who won the Sotheby’s auction After a bid of 4.3 million dollars. Will pay 5.3 millionif we add taxes and fees, the highest price ever paid by a meteorite. The rock, baptized as NWA 16788, weighs no less than 24.67 kilograms. With its almost 38 centimeters long, it is 70% larger than the previous largest Martian meteor. From Mars to an anonymous collector. NWA 16788 had traveled 225 million kilometers when a meteorit hunter took him in the remote region of Agadez, in Niger. It did not gently detach from Mars. He was torn from his surface due to the impact of such a violent asteroid that liquefied part of his minerals and catapulted him to space. From there, he undertook a trip of about 225 million kilometers before the earthly gravity attracted him. Its reddish cortex and depressions on its surface are the scars of its entrance through our atmosphere. It is now officially a luxury object that shows that it is possible to speculate with Martian soil. The extraterrestrial market is booming. This sale is not an isolated event, but the confirmation of an upward trend. The meteorit market is an active niche where the rarity, size and history of rocks trigger prices, but none has reached a price as high as NWA 16788. The one that was closest was the Fukang meteoritefamous for its embedded Olivino gems. In 2008, the Bonhams house tried to sell it for 2 million dollars. Pujadores preferred to invest their money in the fossilized manure of a dinosaur that was 130 million years old. In 2021, the Christie’s house sold a Martian meteorite for $ 200,000. Who knows if we will see it in a museum. The sale of such a singular meteor has revived, as expected, an old controversy in the scientific community. Many regret that a piece of incalculable value for science and dissemination can end up in a private battleship chamber. Being anonymous, the buyer’s intentions are unknown Fortunately, not all meteorite is lost to science. A reference sample has been preserved at the Purple Mountain Observatory, in China to analyze it. Image | Sotheby’s In Xataka | The largest piece of Mars on Earth is not in a museum, or a laboratory: it is in a auction house

Log In

Forgot password?

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Add to Collection

No Collections

Here you'll find all collections you've created before.