Google is showing of its AI capabilities

Hello! In today’s edition:

👉 Google is showing off its AI capabilities

👉 Nvidia stock has a very bright future

👉 OpenAI might get in trouble

and many more!

Today’s issue is a 4.9-minute read.

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Quote of the day

“The difference between winning and losing is most often not quitting.”

Walt Disney

Must Know

Google’s new AI agents

Google has introduced exciting new technology with its Project Astra and Gemini 2.0. Project Astra is designed to be a universal assistant that can understand and respond to questions using text, speech, images, and video. It can even connect to other Google apps like Search and Maps to find information quickly.

During a recent demo, testers saw Astra in action, where it helped answer questions about recipes and suggested wine pairings. While the technology is impressive, it still has some glitches that need fixing.

Experts believe that if Google can improve Astra's performance, it could become a game-changer in the world of AI assistants. However, there’s no set release date yet, so we’ll have to wait to see how it develops.

Elon Musk is even wealthier now

🚀 Elon Musk has made history by becoming the first person ever to surpass a net worth of $400 billion, according to Bloomberg News. His wealth has skyrocketed mainly due to the rising value of his companies, especially Tesla and SpaceX.

📈 Recently, a private sale of SpaceX shares boosted its market value to about $350 billion, adding around $50 billion to Musk's fortune. As Tesla's stock hit an all-time high, Musk's total net worth reached approximately $440 billion.

Musk's wealth growth has also been linked to his support for Donald Trump's presidential campaign, with many investors believing this could lead to favorable policies for his businesses. Despite facing some legal challenges regarding a pay package from Tesla, Musk's financial success continues to grow, keeping him well ahead of other billionaires like Jeff Bezos and Mark Zuckerberg.

US inflation rose in November

📈 Wholesale inflation in the U.S. rose sharply in November, signaling that some prices might be increasing before reaching consumers. The Producer Price Index (PPI), which tracks price changes for producers, went up by 0.4% from October and 3% over the past year, marking the highest annual rate since February 2023.

🥘🥚 This increase was driven mainly by a 3.1% jump in food prices, particularly a 54.6% rise in chicken egg prices due to shortages caused by avian flu and higher holiday demand.

While economists had expected a smaller increase, the actual numbers were higher than anticipated. These trends suggest that inflation may continue to be a concern for consumers in the coming months.

⚡Speed-Round: The Most Impactful Stories

OpenAI's new video-generating AI, Sora, has sparked legal concerns due to its potential training on gaming content, including Twitch streams and gameplay videos. Sora can create short videos based on prompts. While OpenAI has not disclosed specific training data sources, legal experts warn that if copyrighted game footage is included, it could lead to a lot of legal trouble for the OpenAI.

Microsoft has warned 400 million Windows 10 users about the risks of upgrading to Windows 11 on incompatible PCs lacking TPM 2.0 hardware. While the company has allowed installations on these devices, it cautions that users may face compatibility issues and lose access to critical updates, including security patches. Microsoft users are encouraged to consider a $30 Extended Security Update as a temporary fix, but the complexities of the upgrade process leave many at risk of making uninformed decisions.

Top-levels

Markets & Business

• 📈 Alphabet (GOOG, GOOGL) shares soared to a record high after Google announced its latest AI model, Gemini 2.0.

• 🛒 Albertsons has withdrawn from its $24.6 billion merger with Kroger, leading to mutual accusations of insufficient efforts to secure regulatory approval for the deal.

• Analysts say the Nvidia Stock (now: $139) will soar by another 82% and pass $200 in 2025. Rising demands for AI infrastructure and the shipment of Blackwell chips are the main reasons for this prediction.

• 🚘 Honda Motor will stop funding a joint venture with GM and Cruise to launch a robotaxi service in Japan. Yesterday, GM announced that they no longer want to pursue their commercial robotaxi ambitions.

Science & Tech News

• 🧲 A recent study has captured images of a novel type of magnetism known as altermagnetism for the first time. These discoveries may pave the way for the creation of advanced magnetic memory devices, potentially boosting operational speeds by 1000x.

• 👨‍🔬👩‍🔬 Scientists at Penn State and Columbia University have discovered a new particle that only has mass (weight) when moving in one direction. The particle is weightless when it is moving in the opposite direction!

• 👨‍💻🚗 Security researchers have discovered multiple vulnerabilities in some Skoda cars that could allow hackers to remotely trigger certain controls and track the cars’ location in real time.

• Meta apps experienced global outage yesterday, the outage is mostly resolved now. | ChatGPT and its Sora AI video-generator were down on Wednesday, but they should be up now.

Did You Know?

👁 Women blink nearly twice as often as men.

👅 Like fingerprints, everyone's tongue print is different.

🐖 It is physically impossible for pigs to look up into the sky.

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