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Verizon's $100 Million Bet, Nvidia AI chip domination & China's moon landing

Today’s topics
Verizon's $100 Million Bet on Space Connectivity
Nvidia's AI Chip Supremacy Faces Fresh Rivals
Google AI's Quirky Overviews Tool Takes a Pause
Moving 25-Ton Stones by Hand
China Makes History
and more…

Verizon's $100 Million Bet on Space Connectivity
Verizon plans to invest $100 million in AST SpaceMobile to enhance direct-to-smartphone satellite services across the U.S. This partnership aims to cover remote areas using AST's satellites, supplementing traditional land-based infrastructure. The deal includes $65 million in commercial prepayments and $35 million in convertible debt. This move follows a similar investment by AT&T, marking a significant step in expanding satellite communication capabilities in the U.S. and beyond.

Source: Spacenews
Nvidia's AI Chip Supremacy Faces Fresh Rivals
Nvidia continues to dominate the AI chip market, commanding over 90% of the sector thanks to its powerful GPUs tailored for AI applications. The company's strategic focus on creating an ecosystem for AI, encompassing everything from networking to software, has fortified its leading position. However, competition is heating up as rivals like AMD and Intel make significant strides. AMD’s MI300 series, which recently entered mass production, poses a substantial challenge with its advanced performance and cost advantages. Additionally, tech giants such as Amazon, Microsoft, and Google are developing proprietary AI chips, intensifying the competition in this lucrative market.

Google AI's Quirky Overviews Tool Takes a Pause
Google's Overviews AI tool, initially promising, has hit a snag with bizarre suggestions such as glue as a pizza topping and urine as a kidney stone remedy. Due to these odd recommendations, Google is temporarily retracting the feature to focus on improvements. Despite this setback, Google's swift response to address the issue reflects its dedication to enhancing user experience and AI accuracy.

Source: Reddit (r/GoogleAIGoneWild)
Claude's Clever Assistants: AI for All Your Needs
Anthropic's AI chatbot Claude has unveiled a game-changing feature: personalized AI assistants. This new function, known as "tool use," lets users create custom digital helpers, from email assistants to specialized bots like shoe-buying advisors. By integrating with any external API, these AI agents can handle tasks ranging from data analysis for personalized recommendations to real-time customer support. With API access and some coding skills, you can craft these versatile assistants to fit your unique needs. Moreover, Claude's capabilities extend beyond text, offering image handling for applications such as virtual interior design consultations.

Moving 25-Ton Stones by Hand: MIT's Breakthrough
MIT's Matter Design and CEMEX have revolutionized construction with their "Walking Assembly" project, allowing massive concrete structures to be moved and assembled without heavy machinery. Inspired by the ancient methods used to move Easter Island's moai statues, this technique utilizes rounded edges and variable density concrete to easily rock, tilt, and roll large components into place. This innovative approach could significantly reduce construction costs and enhance building flexibility, especially in hard-to-reach areas.

Source: designboom

These cannabis gummies keep selling out in 2023
Mood is an online dispensary that has invented a “joint within a gummy” that’s extremely potent yet federally-legal.
Just 1 of their rapid onset THC gummies can get you feeling right within 5 minutes!

China Makes History: Far Side Moon Landing
A Chinese spacecraft has successfully landed on the moon's far side, aiming to collect soil and rock samples from the South Pole-Aitken Basin. This mission, part of China's Chang'e lunar exploration program, seeks to provide new insights into the moon's geology. The collected samples will return to Earth later this month, advancing China's growing space ambitions and rivaling efforts from the U.S., Japan, and India.

Whiskey: A Hedge Against Market Volatility
Looking to protect your portfolio from the next recession?
Consider investing in rare spirits like whiskey.
Whiskey investing provides a proven hedge against stock market dips driven by inflation and other factors.
With Vinovest, you can invest in high-growth segments such as American Single Malt, emerging Scotch, Bourbon, and Irish whiskey. Thanks to established industry relationships, Vinovest overcomes industry barriers that have made historically whiskey investing expensive and opaque. As a result, you can enjoy high-quality inventory that boosts your portfolio value and enhances liquidity.

Ancient Mammoth Bones Unearthed in Austria: During a wine cellar renovation in Austria, a man discovered 40,000-year-old mammoth bones. The remains of three mammoths were found stacked together, suggesting the site might have been used as a mammoth trap.
Teen Innovator in Mozambique: In Mozambique, 17-year-old Nellio Mazivila created a homemade energy device to power homes sustainably. Built in his makeshift lab, his invention aims to promote a greener future by providing domestic power solutions.
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