money

There are turbulence in the world economy and the great Asian millionaires are clear where to put their money: in Bitcoin

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The wallets of the great Asian heritage are changing, and do so at a dizzying pace. Far from the caution of previous years, the richest families in Asia or ‘Family Office‘They are adopting cryptocurrencies Not as an eccentricity, but as a fundamental pillar of its investments. Promoted by a bull market, a generalized adoption and, above all, by New favorable regulationsAsian money flows to digital assets, marking a before and after in the perception of the sector. A moment of Bitcoin as never seen before. This renewed Asian interest coincides with a sweet moment for the market: Bitcoin has spray records this month. So much that has overcome The $ 124,000 barrier. Of ‘try’ to be ‘essential’. Until recently, the strategy of wealthy Asian investors was to allocate a small portion of their wealth to cryptocurrencies, almost like an anecdote of their balances. Today, The mentality has taken a 180 -degree turn. The Director of Investments of Digital Revo Family Office It indicates that last year these families or ‘Family Officers’ began to tote the terrain of cryptocurrencies. But it has not been until now when they wanted to have a token directly. This change translates into an unprecedented demand. Heritage managers claim to receive a growing number of consultations, cryptocurrency exchanges They see their negotiation volumes shoot and the specialized funds in cryptoactive are booming, as reported by Reuters. New funds of crypts that triumph. A clear example is that of Nextgen Digital Venture. Its founder, Jason Huang, launched A new crypto-action background In Singapore at the end of May and success was immediate. He points out that they raised “100 million dollars in just a few months.” And the result has been very good, since this first fund closed 2024 with a 375% profitability in just two years. Points to the following: Our investors – mainly family and entrepreneurs of the Internet/Fintech – recognize the growing role of digital assets in diversified portfolios. A trend that goes to the future. Precisely, the Swiss Investment Bank UBS Corroborate this trend To Reuters, pointing out that some family officers of great Chinese fortunes plan to increase their exposure to cryptocurrencies to reach about 5% of their portfolios. Regulation is the key piece that drives trust. Specifically, two recent laws have been very significant. The first one is the Hong Kong Stablecoins Lawwhich was approved in May 2025 and establishes a complete regulatory framework. It forces any stablcoins issuer referenced to the Hong Kong dollar to obtain a license from the Monetary Authority of Hong Kong and to meet strict requirements, such as a disbursed share capital of at least 3.2 million dollars. Something that has given stability and security to investors. The US law genius act Signed by Donald Trump in June also has part of responsibility. And it is that it establishes license and supervision requirements for the emitters of Stablecoins, which requires that they are 100% backed by liquid reserves such as effective or treasure bonds and reinforces consumer protection. Something that has also given a lot of confidence to the market. More sophisticated strategies and bitcoin as refuge. Investors are no longer limited to buying and waiting for results. Some managers such as Lighthouse Canton point out that the most advanced family officers They have begun to adopt neutral market strategiessuch as the ‘Basis Trade’ and arbitration. All to improve their yields. In addition, in a context of macroeconomic uncertainty, Bitcoin is consolidating as a “portfolio diversifier.” Giselle Lai, associate director of investments in digital assets at Fidelity International, explains that investors use it more and more to cover the risks, given their low correlation with traditional shares and bonds. The numbers do not lie. Hashkey Exhange, one of the license platforms in Hong Kong, has seen how their number of customers has shot 85% year -on -year. The same happens in South Korea, where the three main exchanges have registered a 17% growth in their total negotiation volumes so far from 2025 compared to the same 2024 period according to Reuters. Behind cryptocurrencies there are many stories. Apart from being a big business, over the last months we have seen failures such as Terrausd collapse or its prominence in The next East Wars. But there are also many surprises, such as The revaluation of 80,000 bitcoins at 17,000,000% or the Lord that He lost to his misfortune a hard drive With great economic value in Bitcoins. Images | Traxer Christian Joudrey In Xataka | Another cryptocurrency guru has just fallen in the US: he founded a promising platform and ended up washed 500 million

Spacex is on its way to having more money than NASA. He has succeeded, in part, because he does not pay taxes

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A few weeks ago, Elon Musk made public that Spacex’s income They were on their way to exceed NASA’s annual budgeta milestone that showed the spectacular commercial success of Starlink. Now, an investigation of the New York Times has revealed the least known face of that success: Spacex has been not paying taxes for more than 20 years. The other type of engineering that Spacex makes. Although it is not obliged to present results, because it does not quote on the stock exchange, the company’s internal documents show that Spacex accumulated almost 5.4 billion dollars in tax losses Until the end of 2021. Thanks to US fiscal legislation, these losses can be used to compensate for future benefits, which in practice means that Elon Musk’s company has avoided the payment of billions of dollars in federal taxes on income. The situation is even more favorable for Spacex since 2017 for a change introduced during the first presidency of Donald Trump, which eliminated the 20 -year limit for the use of tax losses. This allows Spacex to apply almost 3,000 million dollars of its losses against future benefits indefinitely. A company that grew with public money. The paradox that is most commented on these days in the American press is that Spacex owes a good part of its growth to NASA contracts and the United States Department of Defense, among other government agencies. Some of these contracts were crucial at the beginning of Spacex. According to an analysis of Washington PostElon Musk companies have received at least 38,000 million dollars in public contracts, loans, subsidies and tax credits in the last two decades. In the case of Spacex, which was founded in 2000, almost all its income came from federal contracts until the arrival of Starlink. In 2020, almost 84% of its income, a figure that in 2021 stood at 76%. The golden eggs. With Starlink, the SpaceX business is more buoyant than ever. The satellite Internet network has more than 6 million subscribers and has become the main source of income of the company, surpassing the rocket division. Thanks to Starlink, Spacex plans to enter 15.5 billion dollars in 2025, a figure that is dangerously approaching the annual NASA budget, which by 2026 is estimated at 18.8 billion. This growth has triggered the SpaceX assessment up to 350,000 million dollars, making it the largest non -quoted company in the United States. But you can still use those tax losses to be exempt from paying taxes.

With the bird between Galicia and Madrid cut by the fires, someone has taken advantage of it to earn money: the airlines

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Spain burns. And Zamora, León and Ourense are taking the worst part. The number of spotlights and their virulence is such that it has forced to cut the circulation of high speed between Zamora and Galicia. Some roads are cut. Renfe does not offer a solution. And, in the background, the airlines win. Cut. Rail traffic between Zamora and Galicia is cut. Renfe has confirmed today that trains will not circulate again in what remains during the day and there is not a single glimpse of hope that The situation can be reversed in the short term. In the Last DGT updatethere are six lonely cut roads and two in Zamora. None of them correspond to the great highways such as A-6, A-66 or A-52 that structure the northwest of the country. Despite this, Renfe does not offer a bus alternative to those who cover Madrid-Zamora or Zamora-Madrid by train, only open section in the high-speed Galician corridor. What can the traveler do? Those who had a high speed ticket in the Galician corridor have three options. The first is evident, do only the section between Madrid and Zamora and then take a bus or a car to Galicia. The second is to perform the entire road tour. The fastest road is obviously the plane. Prohibitive prices. But those who are obliged to travel will find exorbitant prices to cover the distance that Madrid separates from Galicia. Especially if the traveler travels from Galician lands to Madrid. In that case, if you are in a hurry, you will have to assume the expense of more than 300 euros per ticket. Using the Skyscanner search engine, which offers all available flights and allows you to filter for price, schedule and time spent, we have sought what options are available in the short term, simulating the situation in which those who have to travel irremediably and have already hired a train will be found, trying to endure until the last moment. The results are as follows. Options with direct flight between Vigo and Madrid for Tuesday, August 19 Vigo-Madrid. Travel the August 19 between Vigo and Madrid It already costs at least 350 euros. At the moment, there are 14 alternatives available but only two of them offer a direct flight. In the week, the options relax their prices but it is still necessary to spend 237 euros if we want to travel on August 20 and between 130 and 114 euros if we want to fly between Wednesday and Friday. The cheapest ticket between Santiago de Compostela and Madrid is to make a 18 -hour scale in Seville Santiago de Compostela-Madrid. Perspectives are not much better Between Santiago de Compostela and Madrid. Making the trip tomorrow costs 331 euros. On Wednesday the price of the cheapest ticket is 299 euros and Wednesday is 231 euros. On Friday they fall below the border of 200 euros but only momentarily. The weekend is firing again above 200 euros. There is another cheaper option but, obviously, totally advisable. The cheapest flight between Santiago de Compostela and Madrid costs 249 euros and a scale of more than 15 hours in Seville. Same situation for Wednesday (with almost 22 -hour scale in Malaga) or for Thursday (this time with a stop in Barcelona). Cheaper options to fly between A Coruña and Madrid tomorrow, August 19 A Coruña-Madrid. On direct flights, The cheapest flying alternative Between Galicia and Madrid he is in A Coruña. Leaving from this airport, the ticket for tomorrow, August 19 costs 272 euros late at night. If we wanted to leave early in the morning, the border of the 300 euros is exceeded. Of course, unlike the previous cases, the rest of the week can be traveling for less than 150 euros. Almost an oasis watching the rest of Galician alternatives. Among the Madrid-Galicia flights, Vigo is the most expensive journey And from Madrid? The options from the capital are not so bleeding for the traveler’s pocket. Facing tomorrow, August 19, the tickets between Madrid and A Coruña They are below 100 euros and the rest of the week in half of this price. Similar situation will be those who travel To Santiago de Compostela. Vigo, again, is the most expensive option. In this case, the cheapest price from one day to another is 142 euros. If you want to travel in the morning, you have to pay more than 200 euros. Of course, prices the rest of the week move between 50 and 40 euros. Although there are no clear data that confirms it, everything indicates that prices from Madrid are not so high because the march of travelers from the capital is motivated by a holiday getaway that can be postponed and, nevertheless, the flow between Galicia and Madrid may be motivated by a return to the office, which entails less flexible plans. Not only Renfe. The pressure on short -term flights and the fall in later days shows that travelers are waiting until the last moment to confirm an alternative to the reserves of their trains but is also motivated by an offer that has been reduced. The voice of Galicia He pointed out a few weeks ago that Iberia had reduced her daily offer in the Galician corridor in 80 seats. To this movement we must add the Partial output of Ryanair This same year of Galician airports, offering 61% less trips in Vigo and 28% less in Santiago de Compostela. This reduction in the offer and the most expensive prices have led to a reduction in the number of passengers. In A Coruña, the number of passengers flewing at the Galician airport until last July was 0.3% higher than 2024, According to AENA data. However, the figure fell 6.5% in Vigo and 12.4% in Santiago de Compostela. Photo | Ume In Xataka | The megaindios of Ourense, Zamora and León have paralyzed the Galician bird. It is the nth setback in a horrible year for Renfe

There was a lot of money at stake

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A few years ago we talked about the “Fasters“, that group of people who did not conceive of their favorite series to less than 1.5x. The same with the podcasts or the audiobooks. At that time, they were the exception, and when asked about social networks, people would be surprised and horrified at the possibility of enjoying the culture in that way. Today things have changed, and being “faster” becomes quite common: according to a survey of The Economist and Yougov31% of Americans between 18 and 29 years listen to audios for more than 1x. The greats of the Internet have made it very easy to accelerate everything. YouTube, Spotify or Netflix are Internet giants that They only do not compete against their direct competitorscompete against everything And all looking for one thing: Our sustained attention. They want us to spend more and more time on the platform, not only to prevent us from going to the competition, but because they loyalty more and generate more advertising income per user. In the case of Spotify, for example, earn more money when we reproduce podcasts (and it is common to accelerate them) that when we listen to music, because they save rights to pay the recordings. On YouTube the logic is similar: if we accelerate reproduction, we can consume more content at the same time. Thus the part is understood the success of rapid consumption of content: these companies and others not only implemented the speed of accelerating reproduction where before it was not so common (outside the audio), but they put the function almost at the level of relevance of pausar or advance reproduction. Thus, YouTube offers to tricks such as leaving the video clustered on mobile or on the web so that reproduction goes from 1x to 2x automatically. Life at 1x becomes slow. WhatsApp and Telegram know it, and in 2021 they implemented the possibility of Accelerate audios Of our contacts, something that a server values greatly. The feeling with the audios, as one of Your hateorsthere is “there is a lot of detour, pauses, unnecessary repetitions”, and accelerate them to 1.5x offers, in many cases, a more normal cadence of conversation. As in person, with fewer distractions. Personally, all audios are already reproducing them at that speed, and I feel that I do not lose attention, context or data of what my friends and family explain to me. The audios of some slow -speaking people are compatible with climbing 2x, but it is usually not comfortable. Accelerating everything so much has consequences: when listening again at normal speed, there is some feeling that people are “drunk.” This effect is extreme if instead of accelerating we slowly slow down. Fomo as a factor of a huge “savings” of time. To understand the effects of accelerating reproduction in different services it is very useful to remember its official figures. According to YouTube in 2022, its users They saved 900 years of video per day Seeing them faster of their original speed. For Linda Stone, researcher at the Digital Revolution, accelerate everything has to do with the phomothe fear of losing things, not to get to everything. TV, redoubt of respect for creative intention. Of the big platforms (Disney+, Netflix, Prime Video, HBO Max and Apple TV+), Netflix is the only one that allows us to accelerate its contents from the official mobile application. The rest, neither in mobiles nor on other platforms, perhaps following The reasons that Netflix alleged Not to offer the function on larger screens: “We have been sensitive to the concerns of the creators and we have avoided including larger screens, especially televisions.” Five years after releasing the mobile adjustment, Netflix still does not allow reproduction on the smart TV. YouTube does not take it that way, and among its adjustments the possibility of Vary the reproduction of 0.25x to 2x for 15 years. Do not destroy my work. The rhythm and assembly are key elements of series and films. That they are slow or fast is not a failure, they are a decision with which they reflect an intention. So the filmmakers consider that accelerating reproduction is something devastating for work. In the face of the joy of the “fasters” for being able to accelerate Netflix and “unnecessarily stretched” series, Peyton Reed (Ant-man) and Peter Ramsey (Spider-Man: Into The Spider-Ambverse) were clearly against implementing functionality, to which Aaron Paul joined, despite having worked with them in ‘The way‘. The effects. The Economist includes the position of different experts and studies regarding the phenomenon. The conclusion of researchers from the University of Waterloo in Canada was that consuming content up to 1.5x does not add cognitive differences with respect to doing so at the original speed. Yes, but. However, when we approach or overcome the 2x speed, the thing changes: the responses to the evaluation of students who had seen evidence at this speed were of much worse quality. Taking this into account, the striking thing is that YouTube is already offering the option to reproduce its videos to 4x speed to premium subscription users. The experience of a fan. My partner and editor of Xataka José García acknowledged in a talk among colleagues to have seen ‘One Piece‘At 1.5x speed, “in those scenes that I knew they were important, but in which they also did not contribute to me 10 seconds of intense looks”, while “what I knew was mythical (coffee for coffee growers: episodes 483, chapter 1,000 and 1,076, for example) left it to 1x”. And he did not have the feeling of missing anything with this concrete anime, because “the dialogues are relatively slow and total, I do not understand much Japanese, so with being able to read the subtitles it is worth.” He also points out that something like this was possible at 1.5x, while “A 2x was already another story.” Unlike what can happen to WhatsApp the audios, returning to 1x was satisfactory: “It was weird. He was accustomed to … Read more

Openai’s plan to get more money with GPT-5 has exploded in the face: total back

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Shitting not only affects streaming. We begin to see indications that the chatbots of AI are no longer so beneficial for users, and they are not for a simple reason: they must be monetizing them. It is what OpenAi has just done when launching GPT-5, a model that promised to be easier to use and powerful than ever, but has ended up returning to what worked with GPT-4. The controversial router. When Openai launched GPT-5, he did it with a great novelty: to raise it as a unique model that adapted only to the needs of each user according to the question we asked him. The router detected if that question was more or less complicated and theoretically activated the most appropriate mode of operation in each case, but there was a problem: Always using the cheapest operating mode. Reverse. People-especially those who used chatgpt-quickly criticized both that decision and the option to use ancient models such as GPT-4O. The mutiny had effectbecause: He has recovered the old models he had killed (such as the aforementioned GPT-4O), although only for payment users Has enabled the function of choosing GPT-5 variant to free users It is a spectacular revenue just when Openai had sold us that unique and off -road model (and its router) as something differential. The options are good. Altman himself explained that from now on Chatgpt users can choose between “Auto”, “Fast” and “Thinking” when using GPT-5. “Most users will want to use a car,” he said, “but additional control will be useful for some.” He also remembered that GPT-4O is again available for payment users and clarified that “if at any time we deactivate it, we will warn with a long time.” Less root, more customizable. The OpenAi CEO also talked about another of the problems that were highly criticized in GPT-5: it was too neutral. Too cold and robotic. That could change very soon because as I said, “we are working on an update of the GPT-5 personality that should be perceived warmer than the current but not so annoying (for many users) as GPT-4O.” In Openai they have understood something important: people love to be able to customize everything they use … although many do not. A GPT-5 hypothesis. In Semiianalysis They have a theory Curious that they would explain the way Openai has launched GPT-5. According to them, the model of the model is not the model, but the router. This component was intended to monetize the service much more and convince users to pass the free service to one of the payment subscriptions. Altman already pointed to that approach. In fact, Sam Altman shared first revealing data on Sunday. The percentage of free users who were using the “reasoning” variant of GPT-5 had gone from less than 1% to 7%, while for Chatgpt Plus users that percentage went from 7% to 24%. That can imply that the basic model was not as good as users expected and preferred to make him think, but there is another striking fact. More subscriptions. According to Semiianalysis, the router and that best behavior when the “thinks” model seems to have convinced many more users, and subscriptions, they point out, have multiplied by 3.5. The router may have caused criticism of intensive chatgpt users, but it also seems to be a key element to try to achieve something OpenAi needs like water: convert free users – it has about 700 million – into paid users. Shit. Openai’s tactics, if really this, is not new. To degrade the free service with respect to the payment usually makes more users go to the payment (in addition to the initial criticisms). We have seen it for example in Netflix: when it began to close shared accounts and put internet ads, it was thrown over and the service seemed to have a complicated future. Today Netflix is more reference than ever and the fucking its service has worked perfectly. You may want to copy the idea in Openai. In Xataka | Sam Altman and Elon Musk hate each other publicly, so Altman has attacked where it hurts most: Neuralink

Yes, to earn more money all your life

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Does income education influence? Greater degree is equivalent to a better payroll at the end of the month? Are there differences for example between those who have passed or not? And between a graduate and someone with a master’s degree? They are manida questions and that in recent years have given rise to all kinds of debates, but their answer is very clear, as you have just reminded us The last report on education indicators published a few weeks ago by the Government. Shark: The formation does influence salary (and enough). Clearing unknowns. In Your report State System of Education Indicatorsprepared with data from 2022, the Ministry of Education answers (and updates) some key questions related to training in Spain. Among them an issue that usually leads to debate: Does training really influence income? Does a graduate charge more than a person who only has the ESO? Their data reflect statistical measures, but leave a clear answer: yes. A figure: 18,916 euros. From the entrance, the study recalls that in 2022 the average labor income was in Spain at 18,196 euros. That is the general ‘photo’, the average of the whole country. When we go down to detail and divide people by educational levels, the drawing changes however considerably. “Income increase as the level of training does,” The report indicateswhich recalls that those people who do not even have the first stage of ESO receive a medium job income of 11,180 euros while the most qualified professionals, who have a second university degree, a degree or master’s degree, see how that average rises to 28,468. Is there more data? Yes, there are. Those are the two extremes of The listbut among them there is a wide intermediate scale of grays in which the same pattern is maintained: the higher formation, the higher the remuneration. Those who have finished the first stage of the ESO perceive on a half labor income of 13,860 euros, those who have finished the ESO reach 15,880, those who continue to form but without going through the university are located in 18,069 and those who have a first university degree, as a diploma or grade, enter average 22,509 euros. At the top of the rental scale are people with extra training, such as masters, with 28,468 euros. Education … and something else. The study reflects that there is Other factors that clearly influence labor income, such as experience. The titles matter, but also (and not little) the years of profession. For example, among the less qualified people, who do not have ESO, there is a clear difference between the people who have just started in the labor market and have less than ten years of experience and those veterans who accumulate at least three decades of trade behind them. Among the first the average income is 9,125 euros. For the latter that same indicator is triggered until it is placed at 11,332. The same goes for graduates and graduates with master. Those who have been working for only a few years earn 18,319 euros, data that rises above 31,100 when we talk about the most breginated professionals. “In 2022, according to work experience, workers with 30 or more years of professional career receive, on average, 62.3% more labor income than those who have been working for less than 10 years,” Slide The report of the Ministry of Education. Does something more influence? The answer is affirming again. Sex influences. Clear, also. For example, medium labor income amounted to 2022 to 20,701 in the case of them and 16,871 in them. This difference is maintained regardless of training or experience. If we go to the most qualified and valued segment, that of professionals with a master’s degree or degree that has been working for more than 30 years, we see that men charge 37,850 euros while women receive 31,162. However, that gap is not the same in all cases. “The biggest relative difference is observed in the average income for women with first -stage secondary studies, which is 11,128 euros, compared to 15,531 of men with the same formation, 28.3% lower. At the other end of the scale, women with diploma or university degree have an average income of 20,494 euros for 25,225 euros of men (18.8% less),” he clarifies. Beyond education. The education report is not the only one that reflects these differences in training. The INE It also confirms Very clear differences between the income of the less formed and the most qualified people. According to their data, the average monthly gross salary of people with incomplete primary studies barely went from 1,400 euros in 2022. Among the most formed people, with higher education titles, that same average exceeds 2,600 euros. In A report In which he analyzed the deviations with respect to the average salary based on the formation of the wage, Bankinter also appreciated the same phenomenon: the least qualified were 35.7% below the general average while the most prepared exceeded it in 65.8%. Images | Redd Francisco (UNSPLASH) and Ministry of Education In Xataka | The harsh reality of wages in Spain: the most frequent gross salary in 2023 did not exceed 16,000 euros a year

It is impossible to make money with her

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One of the things they have achieved, in quotes, the LLMS is bring the programming closer to users They don’t know how to program. It is no longer necessary, again, in quotes, to know programming languages to do simple things, but it is enough to give natural language instructions to a model and let it do its magic. This is what we know as Vibe Coding And there are startups dedicated to it, see Windsurf (now owned by Openai) and Anysphere, the matrix of Cursor. The problem is that the accounts do not come out. How does this work. Companies such as Cursor, Windsurf and Replit have become famous for the Vibe Coding. Basically, these offer access to a programming platform that, in the background, is based on the models of large companies of AI. In other words, Anysphere charges the user a subscription for accessing cursor and, in turn, pays Google, Anthropic and Openai for accessing Gemini’s API, Claude and GPT. Money, money, money. The problem that this business model has is that many costs do not depend on startup itself. On the one hand, AI companies are refining their new models to program better, See GPT-5. These models, in addition, are generally more expensive as we will see later, but the Vibe Coders They love them because the results achieved are better. Thus, the startups of Vibe Coding They are in the position of having to offer the best models (and therefore, the most expensive) without raising the price of the subscription and, at the same time, competing against the companies that create these models and that also have their platforms of Vibe Coding. Let’s think, for example, Claude Code (Anthropic) or Codex (OpenAI). In short accounts. When the product depends practically completely on third -party models, a change in the price structure can cause the startup not to face the costs. This is the case of Windsurf, a company Vibe Coding which was sold to OpenAI for 3,000 million dollars and that, according to slide from TechcrunchHe had very negative gross margins. There is an entire industry based on the idea that the prices of the models will go down, but the reality is different, at least for the moment. Prices of the latest Anthropic models | Image: Xataka The models are expensive. Accessing the Google, OpenAI and Anthropic models does not come out cheap. To give some data, and based on the basis that one million tokens are more or less 750,000 words, more than the three books of ‘The Lord of the Rings’: Opus 4.1 (Anthropic) It has a price Input/output of 15 and 75 dollars per million tokens, respectively. It is one of the most expensive models, but the most used to program thanks to its good results. For prompts of up to 200,000 tokens, Gemini 2.5 Pro (Google) It has a price Input/output of 1.25 and 10 dollars per million tokens. GPT-5 (OpenAI) It has a price Input/output of 1.25 and 10 dollars per million tokens. Openai has thrown prices with its new model, since GPT-4.1 cost 3 and 12 dollars per million tokens. If a company bases its business model on a subscription of $ 20 per user, it is quite likely to lose money with each of them. The best proof of this is the recent Pro change prices for cursorwhich since June 16 offers $ 20 per month of use of the large models of the invoices of API rates. Until that time, users could access 500 quick responses from the best models. The background reading is that offering broad access to the best models to program AKA to Opus 4.1 does not go to accounts. The options. The most obvious option is that the startup develops its own models to program, something that is neither easy, or fast. Moreover, these models would have to offer capabilities equal to or higher than those of OpenAI and company, companies with many more resources to iterate and improve rapidly. This would not be viable in many cases, but in the long run it would have a positive impact on costs. In that sense, Anysphere, the company behind cursor, is already working in Fusion, its own model. The second is to entrust to the idea that the price of AI models will go down over time, something that, for the moment, is not happening in general. OpenAi has taken steps forward With the launch of GPT-5whose price, as we saw before, has been reduced considerably. However, the trend is rather the opposite. Gemini 2.5 Pro and Claude 4.1 They are, without a doubt, models more expensive than their predecessors. The only exception, for the moment, is GPT-5 and we cannot do anything other than expect to see how prices evolve. Cover image | THISISENGINEING In Xataka | Customers demand that a human solve their problem. The surprising thing is that if they attend to them humans think they are an AI

Google, Amazon and Microsoft have been burning absurd amounts of money in Ia for years. Finally they begin to see green sprouts

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The AI boom made Big Tech will increase their capital spending to limits that had never been seen. The fear that The bubble will explode Rondaba, investors They started to get nervous and the profitability of AI remains in doubt. The last results are a green outbreak, the first in a long time, although with many buts. The cloud reaches capex. They tell it in The Information. Capital or Capex expenses of the Big Tech in recent years have climbed unstoppable, much faster than their income, but in the results of the last quarter the gap is finally closing, but not because chatbots and other products are being profitable, but thanks to revenue from cloud services. The crazy one is committed to AI is beginning to show a slight green outbreak, even if it is not directly because of AI products. Income from cloud services are approaching capital spending. Source: The Information (click on the image to access X) The four riders. There are two clear winners of the departure, one that already brought the duties done and one that goes free. Let’s see who is who: Microsoft: The clear winner with a Income increase of 25% In the last quarter, mainly thanks to the growth of Microsoft Azure. Google: Record a 20% increase In your income thanks to Google Cloud and advertising. Amazon: falls 7%but it is the only one that was in positive numbers. Amazon Web Services is the largest provider of cloud services and was already profitable, although its growth is beginning to slow down. Goal: Your income grows 22%but they basically come from advertising. Goal does not sell cloud services, so it does not generate income directly. Indirectly, yes: AI has allowed them Improve the efficiency of your advertising business. Burning money. The increase in capex by AI has reached madness figures that had never been seen in other technological booms. By the end of 2024 we talked about investing a real barbarity In data centers: Microsoft 30,000 million, Goal 35,000 million, Google 25,000 million… The dizziness figures, and have not stopped increasing. Amazon said at the beginning of the year that He wanted to spend 100,000 million in data centers for AI and goal is building several data centers whose combined cost could rise to 200,000 million dollars. Skepticism. This excessive spending frenzy soon unleashed a wave of skepticism. AND If AI is another bubble And is it about to explode? Milmillionaire investments are not translating in income. Even Satya Nadella himself, one of the protagonists of this revolution, was skeptical because At the moment no one is making gold with AI. It is not that they are not making gold, it is that nobody is earning money. In their newsletter, Ed Zitron had accounts And the difference between what is expected to spend in 2025 and the return that is giving them the AI is not that it is a reason to doubt, it is directly no sense: Capex planned in 2025 BENEFITS IN IA IN 2025 Microsoft 80,000 million 13,000 million Google 75,000 million 7.7 billion Amazon 105,000 million 5,000 million goal 72,000 million 3,000 million Green outbreak Yes, in singular. The latest results are hopeful, but we are very far from being able to say that AI is a profitable business, especially As far as generative AI is concerned. Good results are thanks to cloud services, chatbots or audio or video generators are not profitable. Subscriptions to these tools are a way to monetize, but The income they generate is child compared to spending. Despite doubts, unbridled expense has not stopped and this green outbreak can be more than enough for investors to continue throwing banknotes to the AI well. Image | Microsoft In Xataka | The AI industry has become a kind of ‘game of thrones’. And that reveals a worrying truth for your future

A millionaire spent a money to paint an exclusive RUF CTR YellowBird. I didn’t expect them to return it by doing the pine

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Who plays with fire can burn, and who transports cars valued at millions of dollars also runs the risk of burning since the slightest carelessness can generate damage valued in thousands of dollars. This is what happened to a passionate owner of a RUF CTR ‘YellowBird’, one of the 80 more rare derivatives of Classic Porsche 911. After investing more than $ 150,000 in maintenance tasks and a total repainting of his painting, the valuable car It ended up rugged When downloading it from the truck that transported it before the stunned look of its owner. An icon of the 80s: the Ruf Ctr ‘YellowBird’ The RUF CTR ‘YellowBird’ is a modified version of the Porsche 911 Carrera 3.2 and developed by the German firm Ruf, specialized in converting the sports firm’s sports car In authentic beasts. Specifically, only 29 units of this RUF CTR ‘YellowBird’ were built, which makes it one of the most coveted cars in classic auctions, and a usual of cars video games. His exclusivity has led him to reach historical figures: in March 2024, one of these units was sold for 6.05 million dollars, As reported Topgear. Despite being based on the chassis of the Porsche 911, the Ruf Ctr It was very different In specifications. Its weight was reduced to 1,170 kg thanks to the use of aluminum in several body panels and carbon fiber defenses. It mounted a six -cylinder boxer engine with double KKK turbocharger, double intercooler and a DME injection system derived from the Porsche 962 competition. All of the above granted 476 hp of power and a maximum torque of 553 Nm, capable of exceeding 342 km/h in official tests, surpassing Ferrari F40 by then. Of “yellow bird” to bright black Be that as it may, the Ruf Ctr ‘YellowBird’ protagonist of this story is one of these 29 unique copies that originally went on the market with a body painted in a striking yellow color, as indicated by its last name ‘YellowBird’. Looking for a more elegant appearance, the owner resident in California sent his unit to the RUF headquarters in Germany so that, in addition to making mechanical adjustments, the car in bright black was repainted. For many collectors, modifying the original color of such an iconic model may seem risky, but in this case, the change added an even greater touch of distinction. As you can imagine, neither the transfer nor the restoration process was at all cheap. In total, the owner disbursed more than $ 150,000, according to details Road & Track. These types of restoration operations are common between collectors of high -value cars, which do not hesitate to send their vehicles even to other continents to ensure that they are in the hands of experts accredited by the manufacturer. A very expensive carelessness The tragedy arrived just when the owner was about to receive his Ruf Ctr back and with his new body color. When downloading it from the truck in the transport gondola, the car tires were not correctly secured, which caused it to slide through the ramp without control. Deportivo fell painfully from an approximate height of 2.4 meters, hitting the ground on the rear bumper, while the front was raised at a 45 degree angle on the truck. Touch the image to go to the original message The images of a six million dollar car making the pine on a transport truck soon became viral on social networks, and accounts like @johnclaywolfeshowThey shared them on Instagram accompanied by messages such as “Guess how many millions this little bird was worth.” In these photos you can see the transport operator inside the car at the time of the accident, observing impotent how a newly restored collection piece suffered damage that has not yet been evaluated at all but that, without a doubt, will mean an important disbursement for the person responsible. In Xataka | A Ferrari F40 of $ 700,000 Image | RM Sotherby’s (Stephan Bauer)

The archbishop of Mérida and Badajoz is asking for money from their parishioners by phone. The only problem is not doing it

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Your phone rings, you pick up the call and turn out to be the archbishop of your community. He tells you as a voice that the Church needs donations for religious and social campaigns and you, confident Feligrés, with all the good intention of the world you make a donation because well, it is the archbishop who asks for it. The problem is that it is a lie. On the other side of the phone is not the archbishop, nor is the donation for social purposes. On the other side there is a scammer using a cloned voice through AI. And this, which could sound for science fiction, is not at all. It is just what happened in Mérida and Badajoz. Context. The Archdiocese of Mérida-Badajoz has issued a statement on its website to notify a scam carried out through telephone calls. As detailed by the entity, the scammers were supplanting the voice of the archbishop of Mérida-Badajoz, Mr. José Rodríguez Carballo, to “deceive people requesting donations for religious and social campaigns.” The Archdiocese has taken advantage of the statement to remember that “at no time the archbishop, or any member of the Diocesan curia, makes requests for economic aid by telephone, or through digital or telematic means.” He has also asked for the collaboration of parishioners to report and help stop the scam. How is this possible? Cloning a voice is, even if it seems, something quite simple and relatively cheap. Simply have audio files with good quality and use a platform like Eleven Labs. For the modest price of five euros, anyone can clone a voice and generate about 30 minutes of audio. It is not the only option Not much less or there is no evidence that this tool has been used, but it is one of the most popular. And yes, you can also generate a conversational agent so that you can respond to the victim in real time with the cloned voice. As for the audio files, a simple search on YouTube of the Name of the Archbishop returns us several clips of Mr. José Rodríguez Carballo speaking. There are long -lasting videos, some relatively recent, so it would be easy to obtain several audio hours with which to train AI. A simple youtube search returns dozens of videos of Monsignor D. José Rodríguez Carballo speaking | Image: Xataka The rest is public. Having this, the rest is to pull inventiveness. It would be enough to access the pastoral cards published by the archbishop to see how he writes and the news of the Archdiocese, to his biography on the Archbishopric website and some recent news, put everything in the cheatlele of Chatgpt, ask for a coherent speech, locute him with the voice stolen cloned and the rest is history. Fight against this? Complicated, at least. It is not the first time. Just a few weeks ago the archbishopric of Seville He had to give his brotherhood alarm. The reason: an attempt to scam at the Andalusian level that used voices of some bishops to ask for money for Bizum. Something similar happened in Jaén In 2024. It is the Evolution of the Timo del CEOscam of which we have spent at least four years. How to prevent? Distrustful. If an unknown telephone number calls us and a voice, however realistic, start asking us for money, personal data or anything that does not fit us or strange, it is best to hang and block the phone number. In the closest field, a good idea can be Implement a family password that we can use to demonstrate that we are, indeed, who claim to be. Cover image | Archdiocese of Mérida-Badajoz In Xataka | A church had been missing 600 years off the coast of Germany. Until some researchers decided to find it

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