Hit

Europe had been asking for a big hit on the table for some time. Revolut just gave it a huge valuation

by

Revolut was born in London as a fintech focused on digital payments and today it has become one of the most watched companies on the European financial landscape. It has already exceeded 65 million customers worldwide and its ambition is to reach 100 million, with its sights set on becoming the first global bank born from technology. Not only does it add users, it also builds physical structures: Spain was the country chosen to install its first ATMs with own brand. Now, he has added one more element to his story: a valuation of $75 billion. The operation validated by some of the largest funds in the world. The sale of Revolut shares was not carried out by traditional banks, but by some of the most influential investment funds in the technology sector, such as Coatue, Greenoaks, Dragoneer and Fidelity Management & Research Company. They were joined by names linked to large companies such as NVentures, NVIDIA’s investment fund, as well as Andreessen Horowitz, Franklin Templeton and T. Rowe Price. According to Bloombergthis operation has placed Revolut as the most valuable startup in Europe. It also allowed employees to sell shares, something Revolut has already offered on five occasions. A valuation that does not leave the stock market. Revolut remains a private company, so its shares are not available on public markets and its valuation is not set on the stock market. It is estimated from the price that investors accept when they buy a package of shares in operations like this: that price is taken as a reference to calculate how much 100% of the company would be worth. On this occasion, Revolut has made it easier for employees and existing shareholders to sell part of their stakes, while incorporating new investors into the capital. The result is a valuation that, as we say, sets the bar at 75 billion dollars. Revolut remains a private company, so its shares are not available on public markets and its valuation is not set on the stock market. Although it is still private, Revolut does publish figures that explain part of the investment enthusiasm. In 2024 it recorded $4 billion in revenue, with a growth of 72%, and $1.4 billion in profit before taxes, an increase of 149%. In 2025, the pace continues thanks to the performance of its business division, which already moves 1 billion annually. In addition, the company has made relevant regulatory progress: it has the final banking authorization for its next launch in Mexico, it has a banking incorporation license in Colombia and is preparing its arrival in India. Spain as a pilot bank. The Spanish market has become one of Revolut’s strategic laboratories. Here it inaugurated its first ATM network in Europe, with 50 machines installed and plans to expand to 200 next year. At the same time, it is exploring its entry into private banking by hiring specialized profiles. According to Expansionthe project is in the initial phase, but marks a symbolic step: it no longer competes only in mobile, but also in segments reserved for traditional banking. Europe gains visibility, but the United States sets the pace. That Revolut is the most valuable startup in Europe, as Bloomberg points out, demonstrates the moment that the technology sector is experiencing on the continent. Even so, the comparison with the United States remains significant: Reuters puts OpenAI at $500 billionabout 6.67 times above Revolut. There, the most notable startups come not only from fintech, but also from aerospace, autonomous vehicles, blockchain, design or productivity. Europe, on the other hand, has concentrated its progress mainly on fintech, quantum computing and corporate software. The $75 billion valuation does not automatically make Revolut a global bank, but it does send a clear message: large international funds are willing to back a model that mixes technology, financial services and international ambition. The next step will be to sustain that growth while obtaining key licenses, such as the one it is seeking in the United Kingdom. What is happening with Revolut shows that Europe can generate relevant players, although it remains to be seen how far they can go in a field historically dominated by American banking and technology. Images | Revolut In Xataka | A few weeks ago Amancio Ortega collected 1,552 million from Inditex: he just invested them in the second largest purchase in its history

All the autumn we haven’t had until now will hit us squarely. And it is summed up in one word: ‘bombogenesis’

by

When the day ends, the first big storm of the season will have made its debut in Spain. As I write, the extreme waves and strong gusts are already noticeable in the Cantabrian Sea. But that’s just the beginning: just after Benjamina river of humidity will reactivate precipitation on Saturday and will shift the activity towards the Mediterranean on Sunday. And all this, while the continent’s meteorological agencies have their eyes on the Bay of Biscay where a bombogenesis threatens to turn half of Europe upside down. But let’s go step by step. The countdown. A small chronology of what is going to fall upon us: Thursday, October 23. Today we will experience the peak of the maritime storm and the gusts of wind will be very strong in the Cantabrian Sea. AEMET has activated the red warning. In the late afternoon, rains will be more frequent in Galicia and the northern facade. Friday, October 24. The storm will move towards Scandinavia, but its exit coincides with the arrival of a jet of humidity that will connect the Peninsula with the Gulf of Mexico. Saturday, October 25. This is precisely what will reactivate the fronts near Spain and, ultimately, will initiate a whole series of locally strong and persistent rainfall in the center, west and north of the country. Sunday, October 26. These fronts will cross towards the Mediterranean and, on their way, will cause a drop in temperature, numerous showers and the first snowfalls. And then… bombogenesis. Is another way to call ‘explosive cyclogenesis’; that is, “a meteorological phenomenon that describes the rapid and intense formation of a cyclone or storm in a very short period of time.” In technical terms, we are talking about an explosive intensification of an extratropical storm (pressure drop below 24 hPa in 24 hours at mid-latitudes). Is that what we are going to see? Right now, the likely scenario is that bombogenesis is located to the north (between the Bay of Biscay, the English Channel and the North Sea) with the deepest core far from the national territory. Here their fronts and the sea in the background will reach us. On paper, the phenomenon is most likely to spread into Europe, but it is autumn. Spring and autumn are always difficult seasons to model and that means that we can be surprised at any time. What happens is that then the party begins. Needless to say, looking at what the models say beyond these days is meteorology-fiction. However, there is a possibility that this opens a small door through which different Atlantic storms can sneak in. Image | Tropical TidBits In Xataka | The Mayan idea with which this researcher wants to revolutionize the way we treat drinking water: artificial gardens

Something has hit a Boeing 737, injuring the pilot. The truly unheard of: it happened at 11,000 meters

by

A shattered windshield, a pilot with his arm covered in cuts, and United Airlines Flight 1093 diverted for an emergency landing. The plane that covered the route from Denver to Los Angeles has become the aeronautical mystery of the moment after, apparently, something hit the cockpit at 11,000 meters above sea level. What we know. The United States National Transportation Safety Board (NTSB) is investigating an incident that occurred Thursday with a Boeing 737 MAX 8 flying over Moab, Utah, at cruising speed. The plane was traveling at an altitude of 36,000 feet when a suspected impact occurred in the cockpit. Photos of the incident show the captain’s side windshield completely splintered, the plane’s center console splattered with glass, and the pilot’s arm covered in small cuts and abrasions. According to initial reports, the captain “thought they had been hit by a piece of metallic space debris.” When they made an emergency landing in Salt Lake City, they ended up discovering a “3.5-inch” impact on the outer panel of the windshield, but the cabin did not depressurize. Space junk? The plane’s windshield has been sent to NTSB laboratories for analysis, but researchers are not working on the hypothesis that it was a space debris impact, but rather part of a more mundane object that also flies higher than airplanes: a weather balloon. Although space junk be a growing problemthe United States Federal Aviation Agency (FAA) considers the risk “minuscule” of a piece of satellite or rocket hitting an airplane. That it also injures a person on board has a probability of “less than one in a billion.” The famous popularizer Scott Manley points out one of the main reasons for skepticism: modern satellites are designed to disintegrate into small pieces. Upon reaching cruising altitudes, these pieces are no longer hypersonic and have low impact energy. So a balloon? If it wasn’t space debris, what could have broken the windshield and injured the pilot? One of the exterior images of the plane shows, in addition to the broken windshield, dozens of small marks and dents on the metal fuselage of the plane, just above the window, which could be an indication that they encountered a hail storm. Hail is rare at 11,000 meters, but not impossible. However, the NTSB is working on the line of investigation that it was “a piece of a weather balloon data packet,” according to the specialized website AVBrief. These balloons and their payloads usually operate at 25,000-40,000 meters above sea level. Of course: if the piece was still tied to a balloon, it is strange that the pilot confused it with space junk. The windshield failed. Whatever hit the plane, the photos suggest the windshield didn’t do its job. The cabin windows of a 737, Manley explains, have multiple structural layers: glass on the outside and inside, with a polymer layer in between. The impact did not cause depressurization, indicating that the main structure and polymer layer held, but the inner glass layer fractured violently, projecting “glass dust” and small fragments toward the pilot, and causing the abrasions and cuts seen in the photos. The crew descended to 26,000 feet after the incident to reduce the pressure differential over the damaged window, and landed without further complications. The definitive answer as to what hit Flight 1093 will have to wait for the forensic analysis the NTSB is conducting on that shattered windshield. Images | JonNYC In Xataka | Three large pieces of space debris reenter every day: “one day our luck will run out and they will fall on someone”

Renfe already warns that AVE prices have hit the bottom

by

The prices we have seen so far in high speed have been a mirage. At least that is what Álvaro Fernández Heredia, president of Renfe, predicts, who in an interview with Chain Being has come to ensure that Ouigo and Iryo will end up leaving our country. Prices, costs and unprofitable high speed. More expensive. There are many headlines left by the interview that Álvaro Fernández Heredia, president of Renfe, left in an interview with Chain Being. To begin with, because he has indicated that high speed prices will rise: “If our competitors raise prices, which is something they have begun to do, we will follow that trend, because we are competing with them in those corridors, and this is the scheme that we have given ourselves as a society” What Fernández Heredia is talking about is the rising prices that high-speed trains are experiencing. The matter has made headlines with the departure of the AVLO of the Madrid-Barcelona corridor that has caused an immediate increase in the price of trains. With a weaker Renfe when it comes to lowering prices, on average the price of the ticket is already above 80 euros and the cheapest one does not go below 50 euros. The service has been getting more expensive for some time but without AVLO, prices are even higher. public service. In his statements, the president of Renfe comes to say that they will do what their rivals do. If they lower prices they will fight with them but if they raise prices they will not resist to seek market share at a low price. What Renfe defends is that they have the obligation to provide service where it is not profitable. This shows them the way to raise prices in the corridors where they do have competition. “We have a pricing policy that does not seek profit or does not seek to have a distribution of dividends. Our distribution of dividends is to stop where the others do not stop or what is not High Speed, which is the Long Distance: Almería, Algeciras or Tolosa. We are a public company and we are here to compete with other companies, but we are also there to support the rest of the railway system. Our High Speed, of the only three operators there are, is the only one that is economically sustainable, but we also have to sustain those stops that other operators do not want to make and that could, but do not do them because they only seek profitability” That message is the same one that Óscar Puente sentMinister of Transport, a year ago when he complained that Renfe had to compete in the same market as Ouigo and Iryo but with the burden of having to go where the company loses money. Some losses that have also focused the debate in recent months. Private, but not much. This is what the president of Renfe maintains. For Fernández Heredia, Ouigo and Iryo “are public companies from other countries. I understand that they will have to give an explanation as to why they come to Spain to lose money, I don’t think they will come to that, because it would be very difficult to understand.” In this message sent to Chain Being the complaint is implicit (and the threat of denunciation) that The Government launched Ouigo at the time. It was then pointed out that this French company I was pushing the prices to gain market share knowing that it has its back covered by the French State. From Ouigo they have rejected this, ensuring that Your pricing strategy is the usual one among those who enter to play in a new market. Losing money. At the moment what we have is a war in which Renfe, Ouigo and Iryo are losing money. Without knowing whether prices will continue to rise, what is certain is that the three companies are spending tens of millions of euros. Specifically, almost 100 million euros in 2024. Of those hundred million euros lost, the majority belong to Ouigo, which according to the CNMC left 40.5 million. The figure is far from the 31.5 million euros that Iryo left, but Renfe also lost money, specifically 27 million. Of course, the CNMC also assures that, since competition was opened in high speed, consumers have saved about 500 million euros. Until when? Although prices rise little by little, what is certain is that competition has lowered the cost for the customerespecially in those corridors where the flow of movement is not as constant or dense as in Madrid-Barcelona. In the latter, in addition to the high demand, the departure of AVLO has confirmed that if the high speed competition low cost one of the three competitors leaves, the immediate result is that prices rise. So, yes, we have most likely hit a bottom in high-speed prices but they are more likely to rise more slowly the more competition there is. Photo | Alan Grant In Xataka | In the 19th century, Spain made the strange decision to build its roads in Iberian gauge. Now they are going to be a gift for Renfe in Galicia

European cars manufacturers promised them happy with the hydrogen battery. Reality has hit them

by

In search by Eliminate fossil fuels From cars, electrification seemed the best option. Have 100% electric, hybrids and plug -in. However, some companies They seemed not to be convinced at all with the electric ones, so they began to boost the development of cars moved by ‘pilas’ of hydrogen. Some are getting off the shipand the last one is a Stellantis that has been closely to the controversy These last years. BMW has another opinion and defends that the hydrogen battery is a strategic alternative for Europe. Against what? Against China. Short. In a brief releaseStellantis (which, remember, is the megacompañía that arises after the Fusion of Fiat, PSA and Chrysler) He confirmed a few weeks ago that he interrupted his hydrogen fuel cell technology development program. They affirm that “the hydrogen market remains a niche segment, without perspectives of economic sustainability in the medium term.” And this affects all the divisions they were developing: Cars. Small vans. Large vans. Next steps. The company comments that the personnel who were doing R&D work related to hydrogen technology will be redirected to other projects and that now what it is to focus on what it sells: hybridization and conventional electric batteries. “We must make clear and responsible decisions to ensure our competitiveness and meet the expectations of our customers, as well as continue with our offensive of electric vehicles and hybrids of both passengers and light commercials,” explains Jean-Philippe Imparato, Chief Operating Operating Officer for Enlarged Europe. Issues. The main argument that underwent the hydrogen strategy, with cars on the street such as the Hyundai Initium or the Mirai de ToyotaIt was the speed of loading. If the electric took some dozens of minutes to achieve a decent autonomy, one of hydrogen was closer to the times of a gasoline/diesel. The problem is that it is not entirely true. Toyota has been one of those who More has driven the hydrogen batteryeven competing with hydrogen -driven cars, such as GR LH2 Racing Concept or the Gr yaris rally2 h2 concept For rallies, but in everyday use, hydrogen looks like everything except practical, away from that more classic “plugging and reproducing” liquid fuel. The reason? GR LH2 Racing himself needs a cryogenic system at the cargo station that maintains hydrogen at -253 degrees Celsius. This implies advanced isolation and advanced manipulation, which makes it very little practical out of a very specialized competitive environment. Among other thingssince the energy density of hydrogen is almost nine times lower than that of gasoline and storage is complex. Without ‘hydrogeneras’ there is no FCEV. Returning to Stellantis, the group was not working with the hydrogen pile for the distant future, but immediately. This year they were going to launch a new range of vans, the Pro one fed by hydrogenthat evidently will not see the light. And although there are still companies that keep some hope for the hydrogen pile, the truth is that without refueling points, technology seems unsustainable. In the United States, Toyota has faced collective demand by Mirai owners who ensure that the brand lied to ensure that reposting would be as simple as in a gasoline. There are practically no load points, with just a thousand open hydrogeneras worldwide for public use. And last year they began to close in Germany because they were not used. BMW and his “hold me the cubata”. Trucks are another song. The numbers are there, With strong consecutive falls in 2023 and 2024 that seem to have punctured, at least for now, that fever for the hydrogen pile for conventional cars. However, the turn comes from BMW. The German company has publicly defended that hydrogen is an opportunity for Europe not to depend so much on the China’s battery industry. And others like Volvo maintain projects Hydrogen for trucks. It has been the CEO who has insisted that Europe must bet on multiple roads and that, in a scenario in which China controls the production of Rare earth Essential to create batteries, and they are also the most manufactured batteries, Europe must have a BM plan, BMW has no car with a hydrogen battery and is working on a SUV that They will launch at some point in 2028. We will see how the market is then. Image | H2 Mobility In Xataka | Nikola had everything to revolutionize the world of hydrogen trucks. Now is on the verge of bankruptcy

Tesla Robotaxis have been programmed to drive as a human. So when they see the police hit a brake

by

In addition to taking the first steps in a new market, the appearance of Tesla’s robotaxis in the streets of Austin leaves us many other readings. Among them how the company has approached autonomous driving, the use of artificial intelligence and how it takes advantage of its millions of cars in the street to advance faster and spending less money than competition. And that has its consequences. An unexpected brake. A Tesla Robotaxi that exceeds a crossing, which marches at the expected speed and that, without prior notice and without apparent reason, slows hard until it almost stops completely. What makes the car doubt? To the right of the intersection, in a street perpendicular to the march of the Robotaxi de Tesla, a police patrol is stopped. This does not hinder the march of the autonomous vehicle but, despite this, the car stops strongly. The video can be found on YouTube After the up of a user and Antitesla accounts have replicated them in X. Who has uploaded the video is Edward Niedermeyerjournalist specialized in the motor world in the United States and author of a book in 2019 on the birth of Tesla and the figure of Elon Musk, especially known for its critical positioning with the brand. Click on the image to go to the original tweet Fear of police. In Techcrunch They echo the video and put on the table the possibility that this type of behavior is due to learning that Tesla robotaxis have made of their own drivers. It is likely that, learning with the Huge database Of millions of cars on the road, the artificial intelligence that supports the movements of the autonomous car replicates the behavior of a good part of the humans: stop before a police car. This is what DGT defines how “Miron effect”. “Live millions of lives”. For a long time, Elon Musk presumes that the artificial intelligence used in its drinks from the vehicles that the company has in the streets. “It’s like living millions of lives simultaneously And see very unusual situations that a person in his entire life would not see, “Elon Musk said in the presentation of Tesla Cybercab. The company trusts not having to invest billions of dollars in the development of its total autonomous driving such as Waymo and Cruise because they use the data that their drivers yield with their vehicles. Thus, artificial intelligence learns from their behaviors and makes decisions that could be considered more human and less robotized. As human as stopping a police car or cover an intersection. A differential value. Tesla is confident that this approach is key to positioning itself as the best operator in the market. Although there is only a dozen robotaxis circulating through the streets, the data collected are not only obtained with trial vehicles, real data with real conductors are obtained, which should save enormous amounts of money and hours invested. Not only that, the company also aspires to have cheaper vehicles on the street. The combination of Artificial intelligence cameras It is a combo that, according to the company, allows them to save money on radars and lidar sensors, which make vehicles that are put on the streets a lot. Of course, it is not entirely clear that this is the right act because, as has been seen in some tests, The lidar sensor is much more effective in front of the cameras in concrete situations such as low visibility or with obstacles that can generate confusion to the cameras. A shadow. The latter is relevant. Mark Rober’s test showed that a car with cameras cannot discern safely If what is in front is a painted wall like a road or a real road. The lidar sensor, however, does detect the obstacle. Although this situation is not going to be given in real conditions, it does show us the effectiveness of the system to discriminate when it is facing a situation or not of danger. For example, when a Tesla Robotaxi confuses a simple shadow with an object On the road. This case, which is in A Reddit post Where all the errors of the robotaxis are being collected, it could be solved with the use of this system instead of trusting everything to the cameras. Photo | Tesla and Remi Gieing In Xataka | They collide with “clearly visible objects”: Tesla wanted to save to the maximum in autonomous driving and already know the consequences

The AI ​​race seemed to be matching. Openai has just hit the table with a model that points very high

by

The career for artificial intelligence had been narrowing for months. Gemini 2.5 Pro, Claude 4 Opus and Deepseek R1 they had managed to cut distances with OpenAi models, presenting increasingly sophisticated reasoning. The overwhelming domain of 2022, when Chatgpt He left the competition bewildered and several steps behind, no longer defines the current board. Today, the fight is direct. But the firm led by Sam Altman It has not been still. It has just announced O3-Proa new reasoning model with which, at least on paper, it intends to reaffirm its leadership position in the industry. It is available from today only for some plans, excluding Chatgpt plus of 20 dollars a month. Access to the most advanced AI has a price. More tools and more context. The O3-Pro model part of the same base as O3but with an additional stage of reinforcement training and more inference resources. It incorporates full access to the tools that have made chatgpt a more useful tool: web search, file analysis, images about Python and customization through memory. These are functions that allow you to adapt the responses to the user’s history, access external sources in real time and solve complex tasks in several steps. Has: Search, code, document analysis and vision Customization based on active memory Context window of up to 200,000 tokens and maximum output of 100,000 More precise, but not faster. Of course, O3-Pro is not a model designed for speed. The answers usually take more than in O1-Pro, but in return promises to offer a plus in precision focused on complex tasks. Openai recommends using it when reliability is more important than speed. So we could say that it is a model designed for those who need things to go well, even if that implies waiting for a few more seconds. In any case, we are talking about AI models, so hallucinations can still exist and can give us erroneous information. Theoretically superior performance. According to internal OpenAI tests, human evaluators prefer O3-Pro against O3 in all tested categories: science, education, programming, personal writing and data analysis. It also achieves better results in academic Benchmarks: in competitive mathematics it rises from 86 % of 93 % O1-PRO, and in programming exceeds 2,700 EL points, compared to the 2,517 of O3 and the 1,707 of O1-Pro. Available now, but not for everyone. O3-PRO is now available for users of the PRO PLAN (200 dollars a month) and the Team Plan, where it replaces O1-Pro in the model selector. OpenAI has confirmed that Enterprise users and educational accounts will have access from next week. At the moment, access to the most powerful models is still restricted to those who pay for the most advanced modalities. The Plus Plan of 20 dollars per month, the most popular among private users, is not mentioned. And everything indicates that, for now, it will be out of this update. Images | OpenAI In Xataka | Someone put Chatgpt, Gemini, Claude and others to play a kind of Risk. The results could not be more disparate

Google has hit an acceleration in the race for AI. That multiplies the Android value

by

A pylon hammer. That is what Google seemed yesterday in the opening talk of its Google I/O event. The company left us An avalanche of ads related to advances in their artificial intelligence models and, of course, of the practical applications that these advances will mean. Google’s ambition is clear, and yesterday they took a giant step to become the great winners of the race and AI. Hello, this is the future. Although some of the novelties will not be available immediately, Google’s speech was clear: this can be the future. One in which we will not touch the mobile so much, but we will constantly talk with him. Gemini’s advance – which now has an “Deep Think” mode of reasoning – is clear, and Google has hit an acceleration to apply it everywhere. And especially in one. Ai mode vs traditional search engine. It is likely that searching on the Internet has changed forever. What we already saw with Perplexity now arrives much clearer to the Google search engine thanks to its “ai mode” in which the search engine He no longer delivers results, but talks with us. That will leave the traditional search engine more and more, which at the moment remains the one that is selected by default. For the moment. Advances everywhere. The improvements in PROJECT ASTRA They demonstrated how the AI ​​assistant is already prepared to “infiltrate” in our lives. They have already integrated it with Chrome, but also wins overlaps with Search Live, the mode of operation with which our mobile serves as their eyes, ears and mouth to interact with the world. Advances in image 4 and I see 3 —I Flow– They join others such as real -time translation on Google Meet – which will also reach the connected glasses. A more practical and useful than ever. But the most relevant message was precisely the one that Google found its product demos. The AI ​​that now seems to be limited to very specific tasks demonstrated in these releases how it could help solve everyday problems. Fix a bike with the wizard, try new clothes virtually, that the AI ​​monitor the price of a product and let you know and buy it (with your previous confirmation) or travel to any country and understand you with other people without speaking their language – a old promise, now closer than ever – were some of those demonstrations. And in all of them, Google’s AI showed unstoppable advance. One that, by the way, will boost its other great product. Android with super powers. Google’s mobile platform remains a fundamental pillar of these advances, because the AI ​​that is available through models such as Gemini does not act alone: ​​it is a complement, almost a “plugin” for Android, whose inertia and influence are evident in the mobile market. And its variants, too. Although in many cases the solutions created by Google are used on other platforms (Jules In PCs and laptops, I see/image too) there is an intimate relationship with Android and of course, with its variants. A few days ago Google already made clear its plans to Integrate Gemini in the car, in the clock or on television. All of them make use of Android operating systems, but there is another especially promising. Glasses. In Xataka we have been able Try the new Google glasses with Gemini And experience, even being limited by based on a prototype, is hopeful for this type of product. The integration of AI functions is something that the Ray-Ban Meta had already pointed out, and it is clear that this market promises to be especially important in the coming years. And again, below Android XR, which can end up becoming a true pillar of Google’s strategy. Faced with Google’s ambition, Apple’s indifference. Google’s staging yesterday – and Microsoft in its Build conference The day before – demonstrated the ambition of these companies in the field of AI. They have opted everything to this technology and seem especially prepared to get all the juice to this revolution. Meanwhile, Apple does not stop losing trains and giving disappointing news In this segment. Waiting for wwdc 2025. We can take Apple’s pulse much better in less than a month. On June 9, the opening talk of the WWDC 2025 is celebrated, and it will be then when we know if Apple has something real to show ourselves in the matter of AI or declined even more from the headplay. A priori it does not seem that they can move file soon, and the company’s approach seems to be much more cautious and gradual than that of the competition. Here Apple prefers to wait for their proposals to be much more polished before presenting them, but there is also the other option: that they are really in trouble and this can pass them long -term invoice. In Xataka | Everything we have seen of Apple Intelligence places Apple far behind in Ia. Even their employees believe it

The great fortunes are bleeding with the collapse of the bag. Warren Buffett has hit his old recipe again

by

Financial markets are living A moment of maximum turbulence causing the value of the actions in all markets in the world to collapse from its opening. According to Bloombergsince Thursday, the 500 greatest fortunes in the world already They have lost more than 536,000 million dollarswhile its companies record falls valued by more than 5.4 billion dollars, As he pointed out Reuters. However, meanwhile chaos and justifying the nickname of “Oracle of Omaha”, Warren Buffett seems to have anticipated the collapse taking the appropriate measures to minimize losses. Buffett is the only one whose fortune is not written in red numbers. The devil knows more by old … When Warren Buffett began to get rid of his positions in Some of the main technological ones They were shot in the stock market, many thought that the veteran investor had lost their heads. They continued without understanding anything when the veteran investor accumulated the more than 325,000 million dollars that he obtained from their sales, and He preferred to pay taxes for them to invest again. Today, those who laughed, don’t laugh so much. As stock indices such as S&P 500 are minced– With a collapse of 17% since its February peak, and the Nasdaq falling more than 20% – Buffett’s decision to bet on liquidity and low -risk assets demonstrates its ability to Read the market with enviable precision. His movement has not only allowed him to protect the capital of Berkshire Hathaway, but also increase your own fortune In a context where the vast majority of Milmillonarios is registering losses in the assessment of their assets. As a good veteran In this investmentBuffett’s recipe for these moments of uncertainty is not very different from the one that applied in previous stock market crises: “There is simply no way of knowing how much actions can fall in a short period. However, when important falls occur, they offer extraordinary opportunities for those who are not limited by debts.” In a Opinion article for The New York Times In 2008, the millionaire gave another track about How to anticipate and act before moments like the one we are living: “A simple rule dictates my way of buying: being afraid when others are greedy and being greedy when others are afraid.” After capitalizing a good part of his actions, Warren Buffett now You have the portfolio to overflow with cash and ready to take advantage of generalized falls to buy the best bargains. Therefore, now all eyes are put in the next Buffett movements. The big fortunes lose, but buffett resists The main fortunes record losses so far this year except Warren Buffett. Source: Bloomberg The impact that the announcement of The commercial war that has begun USA has especially hit The technological magnateslike Elon Musk and Jeff Bezos, whose fortunes have been reduced in 130,000 million and 45.200 million Of dollars, respectively, in what we have been in 2025. Larry Ellison, meanwhile, has left 42.1 billion dollars after the last falls and Mark Zuckerberg has lost 28.8 billion so far from 2025. Faced with this scenario, Warren Buffett’s fortune has remained out of generalized losses. Berkshire Hathaway class B actions even They have risen 7.7% this yeardespite suffering a slight correction in the last week, the result of the widespread fall of international bags. But it keeps its green counter so far this year. While others suffer the impact of the international exhibition of their portfolios and the fall of technological ones, Buffett did the homework in 2024diversified their investments to focus on sectors less exposed to imports and with a strong presence in the United States, such as insurance, energy and transport. Buffett not only withdrew a good part of the money from Berkshire Hathaway investors, but also chose to invest that liquidity in short -term treasure bonds, whose profitability has recently increased, thus raffling the collapse of the markets. In his Annual letter to shareholders February, Buffett explained that these bonds offer a “predictable gain” and one effective volatility protection of the market. This approach allowed him to avoid the generalized losses that have affected investors exposed to sectors such as technology, where Apple – one of the old jewels of their portfolio – dropped 28% since its peak, due to their high dependence on China. “Berkshire’s shareholders may be sure that we will always display a substantial part of their money in shares,” he said in his letter, although he adds that, as always, his goal is Companies with good foundations. In Xataka | In January, a group of millionaires supported the US president: they have already lost 209,000 million dollars in their mandate In Xataka | In 2000 Amazon fell 80% in the stock market. Bezos’ response leaves a clear lesson: we must not trust the markets Image | Unspash (Maxim Hopman), Flickr (Fortune Live Media)

In full struggle with the US for world supremacy, China has hit the 55,000 million table

by

The effort that Chinese lithography equipment is making to develop their own avant -garde machines is titanic. And, as expected, the Xi Jinping government is supporting these companies with multimillionaire subsidies. In fact, at the beginning of September 2023 he approved a game of no less than 41,000 million dollars Destined precisely to the companies that produce the equipment involved in the manufacture of integrated circuits. The achievements are already arriving, and are notable. SMIC and HUAWEI have opted, at least for now, for refining their lithographic processes and optimizing UVP lithography machines (deep ultraviolet) manufactured by ASML that they already have in their possession. Other companies, however, have chosen to develop their integration technologies relying on the new teams that Naura Technology, Amec (Advanced Micro-Fabrication Equipment Inc. China) or Piotech Inc. have taken to point. This is the path that You are following Yangtze Memory Technologies Co. (YMTC), the largest memory chips manufacturer in China. For China it is not a priority only the manufacture of integrated circuits China’s Ministry of Finance has confirmed that the general budgets of the country led by Xi Jinping for 2025 allocate approximately 55,000 million dollars to research in the field of science and technology, which represents a 10% increase compared to 2024. China only spends more money in the defense industry and the payment of interest generated by its debt. During 2024 this budget item was mainly allocated to the development of semiconductors, the artificial intelligence (AI) and space exploration. China needs to have its own UVE lithography equipment as soon as possible to produce avant -garde chips in an autonomous way The 2025 departure will essentially stop the same sectors that received a strong economic impulse of the State last year, but there is an important difference that is not overlooking. The integrated circuit industry received the support of the administration in 2024 and will receive it again in 2025. It is understandable that it is so. There is a lot at play. And it is that China needs to have its own extreme ultraviolet lithography equipment as soon as possible to produce avant -garde chips in a completely autonomous way and without US sanctions and their allies have any margin of maneuver. The other two sectors to which this budget item will go are the AI ​​and the Quantum computersso the industry that will presumably lose some economic support will be that of space exploration. The development of AI and quantum computers is crucial in full struggle with the US by world supremacy. In the country governed by Donald Trump he still carries the singing voice, although Deepseek It is greatly reinforcing China’s position. And as regards quantum technologies the latest milestones that this Asian country has achieved They allow you to look at you to the US. It will be interesting to verify how these strategic sectors evolve for 2025. Image | IBM More information | China Ministry of Finance In Xataka | China prepares the mate to the US: it will have its own UVE lithography team to make chips in 2025

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.