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Are you ready for the future of AI?
Good Morning! In today’s edition:
👉 Bitcoin passed historical $100K milestone
👉 AGI will be coming in 2025
👉 Scientists found a way to help paralyzed people walk again
and many more!
Today’s issue is a 5-minute read.
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Quote of the day
“The two most important days in your life are the day you are born and the day you find out why.”
Mark Twain
Must Know
Source: Gemini | AI-generated
Bitcoin finally passed $100K milestone
💰 Bitcoin has made headlines by reaching a price of over $100,000 for the first time ever. This milestone was celebrated after President-elect Donald Trump nominated Paul Atkins, a pro-crypto supporter, to lead the U.S. Securities and Exchange Commission (SEC).
Many investors are hopeful that this new administration will create a friendlier environment for cryptocurrencies, which has boosted Bitcoin's value significantly since the election.
However, the price has been volatile, 📉 dropping to around $91,000 recently as some investors took profits. Experts warn that excessive borrowing could lead to a price correction.
Source: Beebom | Left: Andrew Ross Sorkin, Right: Sam Altman
Brace yourself for the future of AI
Sam Altman, the CEO of OpenAI, recently shared his thoughts on the future of artificial intelligence (AI) at the New York Times’ DealBook Summit. He believes that by 2025, we could see the first signs of 🧠 artificial general intelligence (AGI), where AI can perform complex tasks like a human. (Watch the interview)
⚠ Altman warns that while the initial impact of AGI may seem small, it will eventually be much more significant than people expect, possibly leading to job changes and economic shifts.
Altman also addressed concerns about AI safety and emphasized the need for new economic models to fairly compensate content creators whose work is used in AI systems. He compared the rise of AI to the invention of the transistor, suggesting that powerful AI tools will soon be widely available and used in many areas.
Source: MEXEM
Meta will build $10B AI datacenter in Louisiana
Meta, has announced plans to build a $10 billion artificial intelligence data center in northeast Louisiana. This project is expected to create around 500 permanent jobs and over 5,000 construction jobs at its peak. The facility will cover 4 million square feet on a large site and is considered the largest private investment in Louisiana's history.
The investment will definitely transform the local economy and enhance the tech sector in the state. Meta will use 🍂 100% clean energy for the data center and invest more than $200 million in local infrastructure improvements.
The project aims to support local workers and businesses while promoting education in technology fields. Construction is set to begin soon, with completion expected by 2030.
⚡Speed-Round: The Most Impactful Stories
Source: OpenAI
OpenAI has launched a "12 Days of OpenAI" event, starting December 5, where it will reveal a new product or feature every weekday for two weeks. CEO Sam Altman hinted at exciting announcements, including the highly anticipated text-to-video generator Sora and a new reasoning model. Each day will feature a livestream showcasing these developments, which aim to enhance AI capabilities and user experience.
Source: Cleerly
Cleerly, a cardiovascular imaging startup, has raised $106 million in a Series C extension round led by Insight Partners to advance its AI technology for early detection of coronary artery disease. Founded by cardiologist James Min, Cleerly's software analyzes CT scans to identify heart disease before symptoms appear. The company is conducting a large clinical trial to validate its screening method and aims to gain 📃 FDA approval for widespread use.
Photo by Chris LeBoutillier on Unsplash
Heirloom Carbon has raised $150 million in Series B funding to advance its unique carbon removal technology, which captures CO2 using crushed limestone instead of liquids. The startup aims to reduce the cost of CO2 removal from $600-$1,000 per metric ton to $200-$300 by the early 2030s. With contracts to sell carbon credits to companies like Microsoft, Heirloom is poised for growth as it targets the removal of 1 billion tons of CO2 annually by 2035.
Top-levels
Source: BBC
Markets & Business
MRVL | $118 | +23% |
CRM | $368 | +11% |
⭐BTC | $103,300 | ~+4% |
NVDA | $145 | +3.5% |
Nasdaq | $19,735 | +1.3% |
S&P 500 | $6,086 | +0.6% |
Dow | $45,014 | +0.7% |
Data is provided by Investopedia and Google Finance.
Stock data as of market close, cryptocurrency data as of 11:15pm ET
✈ Airbus will cut around 480 jobs in the UK as the company scales back its space business and tries to lower costs. About 5% of its workforce, more than 2,000 jobs, will be lost globally by the middle of 2026.
📰 Just about 500 journalists are on strike at the Guardian and its sister paper, the Sunday-only Observer, to protest the planned sale of the Observer to a small digital startup.
📉 Intel stock fell again yesterday probably due to board’s mishandling the sudden exit of the former CEO, Pat Gelsinger, analyst claims.
🌧🌤 Google DeepMind scientists have developed a weather forecasting model that beats the world's most accurate modeling system by far.
Source: DeepMind
Science & Tech News
🤖 DeepMind, Google’s AI research lab, has uncovered a new AI model that can generate an “endless” variety of playable 3D worlds which can generate an interactive, real-time scene from a single image and text description 🤯.
💻 Microsoft made it official that Windows 10 users won't be able to upgrade to Windows 11 unless their systems come with TPM 2.0 (Trusted Platform Module 2.0) support, stating it's a "non-negotiable" requirement.
🧠⚡ New research allows paralyzed patients to walk again. In a study led by EPFL (Swiss Federal Technology Institute of Lausanne) and Lausanne University Hospital in Switzerland, two people with spinal cord injuries received deep brain stimulation (DBS) therapy to an "unexpected" part of the brain called the lateral hypothalamus. After the stimulation, the patients were able to 🚶♂️ walk without assistance and even climb stairs 👏.
Did You Know?
🐘 Elephants can't jump!
🐙 Octopuses have 3 hearts.
There are no muscles in your 🖐 fingers: Their function is controlled by muscles in your 🤲 palms and 💪 arms
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