Jerry Lin
The Latest
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Caught Off Guard: Microsoft 'Cheats' on OpenAI with Meta's Llama
Microsoft has stirred up the AI landscape, leaving OpenAI feeling left behind. 
Microsoft has stirred up the AI landscape, leaving OpenAI feeling left behind. -
Nvidia's Pivot to Cloud: Edges Closer to Acquiring Lambda Labs
Nvidia is in the process of transitioning from a chip design company to a cloud services provider. 
Nvidia is in the process of transitioning from a chip design company to a cloud services provider. -
Yellen Cautions Against Overoptimism Despite Signs of Lowering Inflation
On Tuesday, US Treasury Secretary Janet Yellen suggested in an interview that a slowing labor market is playing a key role in mitigating inflation, one of many factors contributing to a downward trend. 
On Tuesday, US Treasury Secretary Janet Yellen suggested in an interview that a slowing labor market is playing a key role in mitigating inflation, one of many factors contributing to a downward trend. -
Euro Soars Against Dollar: Poised for Longest Winning Streak in Nearly Two Decades
Investors are betting on the U.S. Federal Reserve wrapping up its interest-rate hikes, leading to a decrease in the value of the U.S. dollar. Consequently, the euro-to-dollar exchange rate is on track to set the longest winning streak since 2004. 
Investors are betting on the U.S. Federal Reserve wrapping up its interest-rate hikes, leading to a decrease in the value of the U.S. dollar. Consequently, the euro-to-dollar exchange rate is on track to set the longest winning streak since 2004. -
Catch the AI Wave: Baidu Projected to Rise by 31%, says Goldman Sachs
Riding high on the AI trend, Goldman Sachs maintains a bullish stance on Baidu and includes it in their strong buy list. 
Riding high on the AI trend, Goldman Sachs maintains a bullish stance on Baidu and includes it in their strong buy list. -
SpaceX Predicts Doubling of Revenues to $8Bn, With Valuation Soaring to Nearly $150Bn
According to insider sources cited by The Information on July 18, Elon Musk's space exploration company SpaceX informed investors that it expects its 2023 revenues to hit $8 billion (around 57.2 billion yuan), approximately double that of the previous year. 
According to insider sources cited by The Information on July 18, Elon Musk's space exploration company SpaceX informed investors that it expects its 2023 revenues to hit $8 billion (around 57.2 billion yuan), approximately double that of the previous year. -
Analysts: Nvidia's Stock Still Has Room to Run as AI Demand Grows
As the primary beneficiary of this round of AI surge, Nvidia's stock price has doubled this year, yet analysts believe that with the continually surging demand for GPUs, Nvidia still has significant room for growth. 
As the primary beneficiary of this round of AI surge, Nvidia's stock price has doubled this year, yet analysts believe that with the continually surging demand for GPUs, Nvidia still has significant room for growth. -
Microsoft's Acquisition of Activision Blizzard Advances, Buffet Cashes In
As Microsoft's acquisition of Activision Blizzard takes a further stride, Warren Buffet, according to U.S. regulatory reports, significantly reduced his holdings in Activision Blizzard on July 17, slashing his stake from 6.7% since last quarter to just 1.9%. 
As Microsoft's acquisition of Activision Blizzard takes a further stride, Warren Buffet, according to U.S. regulatory reports, significantly reduced his holdings in Activision Blizzard on July 17, slashing his stake from 6.7% since last quarter to just 1.9%. -
Ford Slashes Electric F-150 Price by 17% Amid Tesla Cybertruck Showdown
As Tesla's electric vehicle price war heats up in North America, Ford significantly slashed the price of its popular electric F-150 Lightning truck on Monday, with the base model seeing a nearly 17% price reduction. 
As Tesla's electric vehicle price war heats up in North America, Ford significantly slashed the price of its popular electric F-150 Lightning truck on Monday, with the base model seeing a nearly 17% price reduction. -
India Swings Back to Middle Eastern Oil as Russian Crude Loses Its Appeal
In the wake of widespread Western sanctions against Russian oil last year, India decided not to align with the West. This decision allowed India to continue receiving cheap crude oil from Russia, and even reselling the refined Russian oil to Europe - a strategy that has proven lucrative over the past year. 
In the wake of widespread Western sanctions against Russian oil last year, India decided not to align with the West. This decision allowed India to continue receiving cheap crude oil from Russia, and even reselling the refined Russian oil to Europe - a strategy that has proven lucrative over the past year.
