2 months ago
Accenture plc (NYSE:ACN) investors are having a rough year, with the shares down more than 25%. Now Wall Street is divided over the company's outlook.
Morgan Stanley raised its price target on Accenture to $175 from $130 on September 14. Accenture shares soared more than 6% in afternoon trading following the price target increase, even though the firm reiterated its Equal weight rating on the stock.
Meanwhile, UBS recently maintained a Buy rating on the stock with a price target of $275. The bank pointed to confidence in the company's positioning around AI and, in separate notes, its acquisition strategy. However, Wells Fargo downgraded Accenture to Equal Weight. According to Wells Fargo, macroeconomic pressures could weigh on fiscal 2027 growth expectations.
The question is whether Accenture's expanding AI capabilities and acquisitions can translate into long-term growth.
Accenture's AI fortunes are tied to enterprise deployment of the technology. The company has formed a joint business group with Google Cloud to deploy AI engineers across enterprise clients. That arrangement gives Accenture another channel through which AI adoption can create demand for consulting, implementation, and integration services.
#fargo
Morgan Stanley raised its price target on Accenture to $175 from $130 on September 14. Accenture shares soared more than 6% in afternoon trading following the price target increase, even though the firm reiterated its Equal weight rating on the stock.
Meanwhile, UBS recently maintained a Buy rating on the stock with a price target of $275. The bank pointed to confidence in the company's positioning around AI and, in separate notes, its acquisition strategy. However, Wells Fargo downgraded Accenture to Equal Weight. According to Wells Fargo, macroeconomic pressures could weigh on fiscal 2027 growth expectations.
The question is whether Accenture's expanding AI capabilities and acquisitions can translate into long-term growth.
Accenture's AI fortunes are tied to enterprise deployment of the technology. The company has formed a joint business group with Google Cloud to deploy AI engineers across enterprise clients. That arrangement gives Accenture another channel through which AI adoption can create demand for consulting, implementation, and integration services.
#fargo
2 months ago
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Humanoid robots are showing meaningful progress beyond controlled demonstrations, with advances in autonomy, dexterity, and the ability to perform repetitive real-world tasks. But widespread commercial deployment still remains a work in progress.
After spending a week meeting with leading robotics labs, engineers and investors across the San Francisco Bay Area, researchers found that most humanoid robots remain in development, training, and tele-operated demonstrations. Where real-world deployments exist, they are generally closer to pilots than clear return-on-investment opportunities, according to a report published Wednesday by Citrini Research.
Don't Miss:
A single bad hire can set a startup back years. Here are the 5 hires founders most often misjudge — and why
#robots
Humanoid robots are showing meaningful progress beyond controlled demonstrations, with advances in autonomy, dexterity, and the ability to perform repetitive real-world tasks. But widespread commercial deployment still remains a work in progress.
After spending a week meeting with leading robotics labs, engineers and investors across the San Francisco Bay Area, researchers found that most humanoid robots remain in development, training, and tele-operated demonstrations. Where real-world deployments exist, they are generally closer to pilots than clear return-on-investment opportunities, according to a report published Wednesday by Citrini Research.
Don't Miss:
A single bad hire can set a startup back years. Here are the 5 hires founders most often misjudge — and why
#robots
2 months ago
Two former Robinhood engineers allegedly used confidential information about upcoming cryptocurrency listings to make profitable trades on decentralized exchange Hyperliquid, federal prosecutors said Tuesday.
Hefu Chai, 36, and Huaisong "Jerry" Xiang, 30, each face one count of commodities fraud and one count of wire fraud.
"Today's charges make clear that corporate insiders cannot evade the securities and commodities laws by trading based on misappropriated information in derivatives like perpetual futures, tokenized securities, or other similar financial instruments," U.S. Attorney Jamie McDonald said in a statement.
Perpetual futures, or "perps," let traders speculate on an **** et's price—often with leverage—without owning it. Unlike conventional futures, the derivatives do not expire. Hyperliquid is one of the largest decentralized platforms for trading perps and has faced increased regulatory scrutiny.
According to the DOJ, the engineers allegedly used nonpublic information about upcoming Robinhood Crypto token listings to buy related perpetual futures before the announcements, earning profits "for their own benefit" between 2025 and 2026. Each defendant earned more than $50,000 from the alleged scheme, the Justice Department said.
#futures #engineers
Hefu Chai, 36, and Huaisong "Jerry" Xiang, 30, each face one count of commodities fraud and one count of wire fraud.
"Today's charges make clear that corporate insiders cannot evade the securities and commodities laws by trading based on misappropriated information in derivatives like perpetual futures, tokenized securities, or other similar financial instruments," U.S. Attorney Jamie McDonald said in a statement.
Perpetual futures, or "perps," let traders speculate on an **** et's price—often with leverage—without owning it. Unlike conventional futures, the derivatives do not expire. Hyperliquid is one of the largest decentralized platforms for trading perps and has faced increased regulatory scrutiny.
According to the DOJ, the engineers allegedly used nonpublic information about upcoming Robinhood Crypto token listings to buy related perpetual futures before the announcements, earning profits "for their own benefit" between 2025 and 2026. Each defendant earned more than $50,000 from the alleged scheme, the Justice Department said.
#futures #engineers
2 months ago
Two former Robinhood engineers were charged with fraud on Tuesday in a Hyperliquid insider trading case, accused of buying futures contracts before their employer announced new token listings.
Hefu Chai, 36, and Huaisong Xiang, 30, each face one count of violating the Commodity Exchange Act and one count of wire fraud. Prosecutors say the pair made more than $50,000 apiece.
"Robinhood takes market integrity seriously and has zero tolerance for insider trading. We have robust insider trading policies and procedures in place, including for new crypto listings. We immediately investigated and reported this matter to law enforcement and regulators, and will continue to cooperate with the investigations," a Robinhood spokesperson told BeInCrypto.
Follow us on X to get the latest news as it happens
Hyperliquid runs a decentralized exchange built around perpetual futures. These are leveraged bets on a token's price that never expire, so a trader can hold the position indefinitely.
#robinhood #exchange #tuesday
Hefu Chai, 36, and Huaisong Xiang, 30, each face one count of violating the Commodity Exchange Act and one count of wire fraud. Prosecutors say the pair made more than $50,000 apiece.
"Robinhood takes market integrity seriously and has zero tolerance for insider trading. We have robust insider trading policies and procedures in place, including for new crypto listings. We immediately investigated and reported this matter to law enforcement and regulators, and will continue to cooperate with the investigations," a Robinhood spokesperson told BeInCrypto.
Follow us on X to get the latest news as it happens
Hyperliquid runs a decentralized exchange built around perpetual futures. These are leveraged bets on a token's price that never expire, so a trader can hold the position indefinitely.
#robinhood #exchange #tuesday
2 months ago
OpenAI acquired Glass Imaging, a startup developing AI-powered smartphone camera technology, in a deal valued at over $300 million, according to The Wall Street Journal. The purchase price represents a significant jump from the roughly $100 million valuation Glass Imaging carried in a funding round last year.
Glass Imaging was founded in 2019 by Ziv Attar and Tom Bishop, two former Apple engineers who worked on the company's Portrait Mode feature. The Los Altos, California-based company had raised about $30 million from investors including GV, Alphabet's venture arm, and Insight Partners before the acquisition.
Glass Imaging's approach differs from conventional AI photo editing: instead of processing images after the fact, the company teaches neural networks the specific optical properties of each camera system so that picture quality is improved as the shot is taken, according to The Wall Street Journal. The company's goal is to produce image quality comparable to a DSLR camera from a smartphone. Its zoom-imaging technology was featured in a line of phones from Chinese smartphone brand Honor.
OpenAI's plans for Glass Imaging are unclear. The company is also developing a device with Jony Ive, the former Apple designer behind the iPhone. OpenAI brought on Ive in 2025 through its $6.5 billion purchase of io Products, and his responsibilities span hardware development alongside broader efforts to define how AI products will look and function.
A spokesperson for OpenAI had not provided a statement by the time of publication, according to TechCrunch. The company has made several other acquisitions recently, including an internet talk show called TBPN and an open-source developer tools startup, according to The Wall Street Journal. OpenAI is also preparing for an initial public offering expected next year.
#according #journal
Glass Imaging was founded in 2019 by Ziv Attar and Tom Bishop, two former Apple engineers who worked on the company's Portrait Mode feature. The Los Altos, California-based company had raised about $30 million from investors including GV, Alphabet's venture arm, and Insight Partners before the acquisition.
Glass Imaging's approach differs from conventional AI photo editing: instead of processing images after the fact, the company teaches neural networks the specific optical properties of each camera system so that picture quality is improved as the shot is taken, according to The Wall Street Journal. The company's goal is to produce image quality comparable to a DSLR camera from a smartphone. Its zoom-imaging technology was featured in a line of phones from Chinese smartphone brand Honor.
OpenAI's plans for Glass Imaging are unclear. The company is also developing a device with Jony Ive, the former Apple designer behind the iPhone. OpenAI brought on Ive in 2025 through its $6.5 billion purchase of io Products, and his responsibilities span hardware development alongside broader efforts to define how AI products will look and function.
A spokesperson for OpenAI had not provided a statement by the time of publication, according to TechCrunch. The company has made several other acquisitions recently, including an internet talk show called TBPN and an open-source developer tools startup, according to The Wall Street Journal. OpenAI is also preparing for an initial public offering expected next year.
#according #journal
2 months ago
TROY - With a pair of former University at Albany quarterbacks at the controls, the Utica offense shredded RPI again on Saturday.
Former Great Danes backup Tyler Szalkowski completed 29 of 38 passes for 402 yards and a pair of touchdowns to lead the Pioneers to a 38-14 victory over the Engineers at East Campus Stadium.
"I enjoyed my time at Albany," said Szalkowski, who spent the 2021 and 2022 seasons with the Great Danes. "Everything they did for me just made me who I am today."
Utica improved to 2-0, while RPI fell to 1-1.
It was the second straight year Szalkowski picked apart RPI. He was 27-of-29 passing for 385 yards and six touchdowns when the Pioneers blew out the Engineers 41-14 in Utica last season.
#utica #great #former
Former Great Danes backup Tyler Szalkowski completed 29 of 38 passes for 402 yards and a pair of touchdowns to lead the Pioneers to a 38-14 victory over the Engineers at East Campus Stadium.
"I enjoyed my time at Albany," said Szalkowski, who spent the 2021 and 2022 seasons with the Great Danes. "Everything they did for me just made me who I am today."
Utica improved to 2-0, while RPI fell to 1-1.
It was the second straight year Szalkowski picked apart RPI. He was 27-of-29 passing for 385 yards and six touchdowns when the Pioneers blew out the Engineers 41-14 in Utica last season.
#utica #great #former
2 months ago
Prosper Stars & Stripes, a long/short equity fund, recently released its second-quarter 2026 investor letter. The letter can be downloaded here. In Q2 2026, the portfolio delivered a strong net return of +30.1% compared to the Russell 2000 Index's +21.5% return and the HFRX Equity Hedge Index's +10.3% return. The long book drove performance, generating a 43.2% gross contribution, while average net exposure remained relatively modest at 47%. U.S. economic growth remained resilient despite inflation concerns, elevated energy prices, and geopolitical uncertainty. Markets rallied sharply after easing U.S.-Iran tensions pushed oil prices lower, supporting renewed risk appetite. Small-cap equities benefited significantly, with Information Technology, Industrials, and Health Care leading gains, while Energy declined as crude prices fell. Year to date, the Composite returned +23.7%, slightly ahead of the Russell 2000's +22.6% and well above the HFRI Equity Hedge Index's +9.7%. Additionally, you can review the Portfolio's top 5 holdings to see its best picks for 2026.
In its second-quarter 2026 investor letter, Prosper Stars & Stripes highlighted Applied Aerospace & Defense, Inc. (NYSE:AADX). Applied Aerospace & Defense, Inc. (NYSE:AADX) designs, engineers, and manufactures integrated aerospace and defense subsystems for **** e and defense applications. On September 09, 2026, Applied Aerospace & Defense, Inc. (NYSE:AADX) closed at $11.94 per share. Over the past month, Applied Aerospace & Defense, Inc. (NYSE:AADX) declined 36.49% and its shares lost 45.95% over the past three months. Applied Aerospace & Defense, Inc. (NYSE:AADX) has a market capitalization of $2.06 billion and its stock has traded within a 52-week range of $11.77 and $24.24.
Prosper Stars & Stripes stated the following regarding Applied Aerospace & Defense, Inc. (NYSE:AADX) in its Q2 2026 investor letter:
"We are also invested in Applied Aerospace & Defense, Inc. (NYSE:AADX) and Elmet Group (ELMT). Applied Aerospace participates in many of the fastest growing programs in defense as a sole sourced, IP-rich component supplier, enabling high (and rising) EBITDA margins. We believe bookings can accelerate and drive revenues, earnings, and the multiple higher."
rommma/Shutterstock.com
#Equity
In its second-quarter 2026 investor letter, Prosper Stars & Stripes highlighted Applied Aerospace & Defense, Inc. (NYSE:AADX). Applied Aerospace & Defense, Inc. (NYSE:AADX) designs, engineers, and manufactures integrated aerospace and defense subsystems for **** e and defense applications. On September 09, 2026, Applied Aerospace & Defense, Inc. (NYSE:AADX) closed at $11.94 per share. Over the past month, Applied Aerospace & Defense, Inc. (NYSE:AADX) declined 36.49% and its shares lost 45.95% over the past three months. Applied Aerospace & Defense, Inc. (NYSE:AADX) has a market capitalization of $2.06 billion and its stock has traded within a 52-week range of $11.77 and $24.24.
Prosper Stars & Stripes stated the following regarding Applied Aerospace & Defense, Inc. (NYSE:AADX) in its Q2 2026 investor letter:
"We are also invested in Applied Aerospace & Defense, Inc. (NYSE:AADX) and Elmet Group (ELMT). Applied Aerospace participates in many of the fastest growing programs in defense as a sole sourced, IP-rich component supplier, enabling high (and rising) EBITDA margins. We believe bookings can accelerate and drive revenues, earnings, and the multiple higher."
rommma/Shutterstock.com
#Equity
2 months ago
DeepSeek has engaged CITIC Securities to prepare for an initial public offering on Shanghai's STAR Market, according to Reuters, citing two people with knowledge of the matter who spoke on condition of anonymity.
The Hangzhou-based AI startup aims to begin the IPO process this year, according to Reuters. The timing of a potential offering, the amount DeepSeek could seek to raise, and its target valuation have not been determined. DeepSeek and CITIC did not respond to requests for comment.
In China, firms pursuing a mainland listing are generally required to retain a securities company for pre-IPO tutoring before they can file an application, Reuters notes. The previously undisclosed arrangement with CITIC suggests DeepSeek is making concrete progress toward a public offering.
The IPO push comes as DeepSeek seeks capital to fund computing infrastructure, model development, and talent retention amid competition from rival Chinese and U.S. AI firms. A person familiar with the matter told Reuters that Liang Wenfeng sees the IPO as a way to build a compensation structure capable of holding onto the startup's most important engineers and researchers. The company has lost talent to rivals including ByteDance and Xiaomi.
According to Reuters, DeepSeek is currently raising a new funding round at a valuation of 500 billion yuan ($75 billion). In June, the startup closed a round of roughly $7.4 billion at a post-money valuation exceeding $50 billion, with Liang Wenfeng personally contributing 20 billion yuan. Tencent Holdings and battery company CATL contributed 10 billion yuan and 5 billion yuan, respectively, becoming the largest external shareholders, according to Reuters.
#deepseek #according #company
The Hangzhou-based AI startup aims to begin the IPO process this year, according to Reuters. The timing of a potential offering, the amount DeepSeek could seek to raise, and its target valuation have not been determined. DeepSeek and CITIC did not respond to requests for comment.
In China, firms pursuing a mainland listing are generally required to retain a securities company for pre-IPO tutoring before they can file an application, Reuters notes. The previously undisclosed arrangement with CITIC suggests DeepSeek is making concrete progress toward a public offering.
The IPO push comes as DeepSeek seeks capital to fund computing infrastructure, model development, and talent retention amid competition from rival Chinese and U.S. AI firms. A person familiar with the matter told Reuters that Liang Wenfeng sees the IPO as a way to build a compensation structure capable of holding onto the startup's most important engineers and researchers. The company has lost talent to rivals including ByteDance and Xiaomi.
According to Reuters, DeepSeek is currently raising a new funding round at a valuation of 500 billion yuan ($75 billion). In June, the startup closed a round of roughly $7.4 billion at a post-money valuation exceeding $50 billion, with Liang Wenfeng personally contributing 20 billion yuan. Tencent Holdings and battery company CATL contributed 10 billion yuan and 5 billion yuan, respectively, becoming the largest external shareholders, according to Reuters.
#deepseek #according #company
0.00$ raised of 0.00$ goal
0 donations
0.00$
to go
2 months ago
TROY - The RPI football team's defensive unit could not have hoped for a better start to the 2026 season in Saturday's Transit Trophy Game against WPI.
WPI possessed the ball for nearly 44 minutes, but the RPI defense turned in a tremendous effort and sparked the Engineers to a 35-7 rout at ECAV Stadium in Troy.
"We did well on all phases of the defense," RPI sophomore defensive back J.T. Walker said. "If the D-line wasn't there, linebackers were there. If the linebackers weren't there, the DBs were there."
RPI held WPI to 294 yards of total offense and recorded five sacks, including two by junior lineman Jack Chappa, and an interception by Walker.
Engineers (1-0) junior quarterback Micah Balzarini made his first career start on Saturday. He completed 8 of 17 passes for 221 yards and a pair of touchdowns.
#linebackers #junior
WPI possessed the ball for nearly 44 minutes, but the RPI defense turned in a tremendous effort and sparked the Engineers to a 35-7 rout at ECAV Stadium in Troy.
"We did well on all phases of the defense," RPI sophomore defensive back J.T. Walker said. "If the D-line wasn't there, linebackers were there. If the linebackers weren't there, the DBs were there."
RPI held WPI to 294 yards of total offense and recorded five sacks, including two by junior lineman Jack Chappa, and an interception by Walker.
Engineers (1-0) junior quarterback Micah Balzarini made his first career start on Saturday. He completed 8 of 17 passes for 221 yards and a pair of touchdowns.
#linebackers #junior
2 months ago
President Donald Trump on Thursday named Adam Telle, a civilian leader in the U.S. Army Corps of Engineers, as the acting Army secretary following the departure of Dan Driscoll amid widespread reports of tensions with Defense Secretary Pete Hegseth. The move is surprising because it bypasses the Army's second most senior official who would normally take over. NBC's Garrett Haake reports for TODAY.
#army
#army
2 months ago
Not to date myself, but I came up in a time when first-person shooter video games were picking up in popularity. I latched on to "Counter-Strike" during my first year of undergrad in 2001. The whole floor of my dorm was male engineers only. It was a perfect haven for LAN parties. While some of my classmates practiced with rifles, I tended toward the "spray and pray" options. My reasoning was simple:
If I fire enough bullets in the video game, I'm bound to hit somebody.
Join or create a Yahoo Fantasy Football league for the 2026 NFL season
However, I (quickly) found a flaw in my plan. More ammo didn't necessarily equate to a stronger KDA ratio in the game. I was cannon fodder! Instead of flinging shells, controlled bursts and a coordinated approach were the right play — not my Leroy Jenkins impersonation. And as we get to the end of our drafts, that's how we should be approaching picks we think of as just throwaways.
Part III is here, the worst picks of Rounds 9-12. Go here for Part II of this series, the worst picks of Rounds 5-8. Here's also Part I, the worst picks of the first four rounds.
#picks #here #strike #join
If I fire enough bullets in the video game, I'm bound to hit somebody.
Join or create a Yahoo Fantasy Football league for the 2026 NFL season
However, I (quickly) found a flaw in my plan. More ammo didn't necessarily equate to a stronger KDA ratio in the game. I was cannon fodder! Instead of flinging shells, controlled bursts and a coordinated approach were the right play — not my Leroy Jenkins impersonation. And as we get to the end of our drafts, that's how we should be approaching picks we think of as just throwaways.
Part III is here, the worst picks of Rounds 9-12. Go here for Part II of this series, the worst picks of Rounds 5-8. Here's also Part I, the worst picks of the first four rounds.
#picks #here #strike #join
2 months ago
TROY - RPI junior Micah Balzarini went to a high school in Washington state known for producing quarterbacks, including a few who played in the NFL.
He transferred to a prep school in New Jersey, highly regarded for its football program, which led him to RPI.
After waiting two years to play for the Engineers, Balzarini will get his first college start at quarterback against WPI on Saturday in Troy to open the season.
"I feel really good," Balzarini said. "I think the team's in a really good spot. I believe in our athletes. It's my job just to be the point guard and get the good guys the ball and let them do their thing. Not too nervous or anything."
Balzarini replaces Anthony DeMatteo, who graduated after throwing for 1,971 yards and 16 touchdowns last season to earn second-team All-Liberty League honors.
#jersey
He transferred to a prep school in New Jersey, highly regarded for its football program, which led him to RPI.
After waiting two years to play for the Engineers, Balzarini will get his first college start at quarterback against WPI on Saturday in Troy to open the season.
"I feel really good," Balzarini said. "I think the team's in a really good spot. I believe in our athletes. It's my job just to be the point guard and get the good guys the ball and let them do their thing. Not too nervous or anything."
Balzarini replaces Anthony DeMatteo, who graduated after throwing for 1,971 yards and 16 touchdowns last season to earn second-team All-Liberty League honors.
#jersey
2 months ago
Uber (UBER) has been managing to pull off something rare in the AI era. It has kept its AI spending flat since April, even as usage inside the company has skyrocketed. Weekly requests to its AI agents have jumped more than nine times since February, yet the total bill hasn't followed. On a per-use basis, costs have fallen sharply. The cost of every thousand requests is down about 34% from its April peak, and a single session now costs 52% less than it did in June. Uber got there by routing simple tasks to cheaper AI models and saving the expensive ones for tougher jobs. It also caps how much each session can use and shows engineers what their AI use is costing in real time.
For investors, here's why all of this matters. Uber blew its entire 2026 AI budget in four months before tightening up. Its net margin slipped from 27% to 17.3% in a year, and the stock fell after its last earnings report as the market worried about those very margins. On top of it, Uber is about to spend over $10 billion on self-driving cars. So the company potentially saving significantly on costs is precisely what investors needed to hear. AI agents now account for more than 70% of Uber's code-change submissions, and engineers run over 30,000 agent tasks a day. Management says this lets it slow hiring while doubling the code each engineer produces.
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#Stock #years
For investors, here's why all of this matters. Uber blew its entire 2026 AI budget in four months before tightening up. Its net margin slipped from 27% to 17.3% in a year, and the stock fell after its last earnings report as the market worried about those very margins. On top of it, Uber is about to spend over $10 billion on self-driving cars. So the company potentially saving significantly on costs is precisely what investors needed to hear. AI agents now account for more than 70% of Uber's code-change submissions, and engineers run over 30,000 agent tasks a day. Management says this lets it slow hiring while doubling the code each engineer produces.
Wu-Tang Clan Member Raekwon Is a Palantir 'OG,' Visiting Headquarters 16 Years After Receiving His Custom PLTR Jacket
Tesla Stock Could Benefit as Trump Locks Down the U.S. Power Grid
Tesla Just Killed Its Solar Roof After Years of Struggling to Scale. What It Means for TSLA Stock.
#Stock #years
2 months ago
CAPE CANAVERAL, Fla. (AP) — ******* eX has pulled off its biggest salvage operation yet, recovering its most recently launched Starship from the Indian Ocean.
Elon Musk's company is now in the process of shipping Starship back to its home base in Texas, a trip expected to take several months. ******* eX shared pictures of the recovery effort near Christmas Island late this week.
Starship — the biggest and most powerful rocket in the world — blasted off July 24 from Starbase, Texas. It was the 13th test flight of a full-up Starship, but unlike all the others, it survived the hourlong ******* e-skimming flight and remained floating and intact.
"Congratulations to the entire ******* eX Recovery team for battling through challenging conditions to give our engineers access to a wealth of data to continue rapidly developing Starship," the company said via X.
Starship is how Musk intends to get people and equipment to Mars, where he hopes to build a city. First up, though, is the moon. NASA is counting on Starship as well as Jeff Bezos' Blue Moon lander to return astronauts to the lunar surface as early as 2028.
#biggest #flight
Elon Musk's company is now in the process of shipping Starship back to its home base in Texas, a trip expected to take several months. ******* eX shared pictures of the recovery effort near Christmas Island late this week.
Starship — the biggest and most powerful rocket in the world — blasted off July 24 from Starbase, Texas. It was the 13th test flight of a full-up Starship, but unlike all the others, it survived the hourlong ******* e-skimming flight and remained floating and intact.
"Congratulations to the entire ******* eX Recovery team for battling through challenging conditions to give our engineers access to a wealth of data to continue rapidly developing Starship," the company said via X.
Starship is how Musk intends to get people and equipment to Mars, where he hopes to build a city. First up, though, is the moon. NASA is counting on Starship as well as Jeff Bezos' Blue Moon lander to return astronauts to the lunar surface as early as 2028.
#biggest #flight
2 months ago
While Wall Street debates AI chip stocks and hyperscaler capital expenditure, a much quieter deployment of the same technology is beginning to change how the physical world gets maintained.
The infrastructure you drive over, walk across, and depend on every day is becoming the next frontier for AI systems.
The United States has roughly 623,000 bridges. Almost half are in fair condition. About 7% are structurally deficient. Roads earned a D+ in the American Society of Civil Engineers' most recent national ****** sment.
The country's infrastructure report card has improved in recent years, but the backlog for bridge rehabilitation alone runs to $373 billion over the next decade.
AI is now being deployed to help close that gap, and the companies doing it are addressing a market that most technology investors are not watching.
#technology #wall #almost
The infrastructure you drive over, walk across, and depend on every day is becoming the next frontier for AI systems.
The United States has roughly 623,000 bridges. Almost half are in fair condition. About 7% are structurally deficient. Roads earned a D+ in the American Society of Civil Engineers' most recent national ****** sment.
The country's infrastructure report card has improved in recent years, but the backlog for bridge rehabilitation alone runs to $373 billion over the next decade.
AI is now being deployed to help close that gap, and the companies doing it are addressing a market that most technology investors are not watching.
#technology #wall #almost
2 months ago
Nvidia Corporation (NVDA) is making another aggressive move to strengthen its position in the global artificial intelligence (AI) race, and its recently reported $6 billion licensing deal with AI startup Poolside could prove strategically important, along with $1 billion in equity investment.
The agreement gives Nvidia access to Poolside's AI model-development technology and brings more than 100 engineers into its Nemotron effort, as the chipmaker looks to accelerate open-weight AI models that can compete with increasingly capable Chinese alternatives such as DeepSeek and Kimi.
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#Stock #poolside #nemotron #kimi
The agreement gives Nvidia access to Poolside's AI model-development technology and brings more than 100 engineers into its Nemotron effort, as the chipmaker looks to accelerate open-weight AI models that can compete with increasingly capable Chinese alternatives such as DeepSeek and Kimi.
Walmart Stock Is More Expensive Than Nvidia Amid Earnings Miss
SpaceX Stock Just Crashed Below Its IPO Price: Here's the Bull Case ***** ody Can Ignore
A Major Bitcoin Short Squeeze Is Taking MicroStrategy Stock Higher. What Comes Next.
#Stock #poolside #nemotron #kimi
2 months ago
Artificial intelligence has spent years fueling fears that machines could replace American workers. But the AI boom is creating another problem altogether: the U.S. may not have enough people to power it.
As tech companies race to build data centers and utilities expand the transmission lines and power plants needed to keep them running, demand is surging for electricians, engineers and construction workers. The trouble is that many of those workers are already in short supply and a sizable share are nearing retirement.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake. Here's what it is and 3 simple steps to fix it ASAP
The tax breaks in Trump's 'big beautiful bill' expire after 2028. Here are 4 moves to make before the window closes
#ramsey #americans
As tech companies race to build data centers and utilities expand the transmission lines and power plants needed to keep them running, demand is surging for electricians, engineers and construction workers. The trouble is that many of those workers are already in short supply and a sizable share are nearing retirement.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake. Here's what it is and 3 simple steps to fix it ASAP
The tax breaks in Trump's 'big beautiful bill' expire after 2028. Here are 4 moves to make before the window closes
#ramsey #americans
2 months ago
KO and JNJ have raised dividends for decades, but their low yields mean replacing $120K in salary demands $3M or more in capital.
Realty Income and Verizon yield 5% to 6%, cutting required capital to $2M, but dividend growth in this band slows to pennies annually.
A 12% yield that never grows from a fund losing 3% NAV yearly leaves both buying power and principal noticeably smaller after a decade.
Are you ahead, or behind on retirement? SmartAsset's free tool can match you with a financial advisor in minutes to help you answer that today. Each advisor has been carefully vetted, and must act in your best interests. Don't waste another minute; learn more here.
Consider a $120,000 salary, which sits near the ceiling of median household income in expensive metros and is roughly what senior engineers, experienced nurse practitioners, and mid-career attorneys pull down before taxes. Replacing that with dividend income instead of a regular paycheck is the goal that quietly drives most late-career portfolio decisions, and the amount of capital required swings by millions depending on the yield you are willing to accept.
#income #Dividend #Career
Realty Income and Verizon yield 5% to 6%, cutting required capital to $2M, but dividend growth in this band slows to pennies annually.
A 12% yield that never grows from a fund losing 3% NAV yearly leaves both buying power and principal noticeably smaller after a decade.
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Consider a $120,000 salary, which sits near the ceiling of median household income in expensive metros and is roughly what senior engineers, experienced nurse practitioners, and mid-career attorneys pull down before taxes. Replacing that with dividend income instead of a regular paycheck is the goal that quietly drives most late-career portfolio decisions, and the amount of capital required swings by millions depending on the yield you are willing to accept.
#income #Dividend #Career
2 months ago
Editor's Note: The story has been refreshed with the latest market price action and a revised headline.
Nvidia Corp (NASDAQ:NVDA) is making an aggressive push into AI models, striking a multibillion-dollar deal with Poolside to develop a powerful open-weight system aimed at rivals including OpenAI, Anthropic, DeepSeek and Kimi.
Nvidia will pay $6 billion to license Poolside's AI technology and invest another $1 billion in the startup at a $12 billion pre-money valuation, according to The Wall Street Journal.
More than 100 Poolside employees, including engineers, are also expected to join Nvidia and work on its Nemotron open-weight AI project.
Poolside said its Nvidia deal aims to advance AGI as an open technology rather than one "controlled by few," according to a shareholder letter reviewed by the publication.
#including #technology
Nvidia Corp (NASDAQ:NVDA) is making an aggressive push into AI models, striking a multibillion-dollar deal with Poolside to develop a powerful open-weight system aimed at rivals including OpenAI, Anthropic, DeepSeek and Kimi.
Nvidia will pay $6 billion to license Poolside's AI technology and invest another $1 billion in the startup at a $12 billion pre-money valuation, according to The Wall Street Journal.
More than 100 Poolside employees, including engineers, are also expected to join Nvidia and work on its Nemotron open-weight AI project.
Poolside said its Nvidia deal aims to advance AGI as an open technology rather than one "controlled by few," according to a shareholder letter reviewed by the publication.
#including #technology
2 months ago
Demis Hassabis, the ****** el Prize-winning co-founder of Google DeepMind, is stepping down from running the AI lab day-to-day. He's becoming DeepMind's chairman and taking on a new role as Alphabet Inc. (NASDAQ:GOOGL)'s chief scientist, while Koray Kavukcuoglu, DeepMind's US-based chief technology officer, takes over operations as senior vice president reporting directly to CEO Sundar Pichai, without the CEO ****** le. The same week, longtime chief scientist Jeff Dean left along with three other senior researchers to launch a new startup called Discovery Loop. Alphabet Inc. (NASDAQ:GOOGL) shares fell 4% on the news.
The reorganization lands at a rough moment when Gemini 3.5 Pro has now missed three release deadlines while Anthropic and OpenAI keep shipping. That leaves investors wondering whether this is a smart restructuring meant to fix a stalling AI effort or a sign Google's AI leadership is unraveling right when it can least afford it.
Even if Alphabet Inc. (NASDAQ:GOOGL)'s Google isn't leading on raw model intelligence, it still has advantages few rivals can match: its own cloud business, custom TPU chips, and distribution across products used by billions of people, backed by $132 billion in net income last year. Artificial ****** ysis CEO Micah Hill-Smith argued Google "could end up doing very well" in the AI race overall because of that broader ecosystem, even without the top model. Kavukcuoglu was already more involved than Hassabis in DeepMind's work with Google Cloud, and people close to the cloud division reportedly welcomed his promotion as a sign the company will prioritize shipping products over pure research. That kind of tighter focus is exactly what several DeepMind engineers say has been missing on coding and agentic AI.
This management swap also means the company is losing a lot of its smartest people. Jeff Dean, Noam Shazeer, and John Jumper have all left within months of each other, and current employees describe deep frustration over sustained 60-hour work weeks, plus a controversial Pentagon defense deal that triggered resignations and sparked the first unionization drive at a frontier AI lab. More than 580 employees signed an open letter urging Pichai to reconsider the deal. Google's models "are currently not competitive with the bleeding edge" on intelligence and coding benchmarks. On top of that, Gemini 3.5 Pro remains unreleased after three missed deadlines even as rivals keep pace. Some employees describe the reorganization as a shift of power away from London toward Mountain View, undermining DeepMind's independence at precisely the moment it needs clear direction.
#googl #cloud #people #employees
The reorganization lands at a rough moment when Gemini 3.5 Pro has now missed three release deadlines while Anthropic and OpenAI keep shipping. That leaves investors wondering whether this is a smart restructuring meant to fix a stalling AI effort or a sign Google's AI leadership is unraveling right when it can least afford it.
Even if Alphabet Inc. (NASDAQ:GOOGL)'s Google isn't leading on raw model intelligence, it still has advantages few rivals can match: its own cloud business, custom TPU chips, and distribution across products used by billions of people, backed by $132 billion in net income last year. Artificial ****** ysis CEO Micah Hill-Smith argued Google "could end up doing very well" in the AI race overall because of that broader ecosystem, even without the top model. Kavukcuoglu was already more involved than Hassabis in DeepMind's work with Google Cloud, and people close to the cloud division reportedly welcomed his promotion as a sign the company will prioritize shipping products over pure research. That kind of tighter focus is exactly what several DeepMind engineers say has been missing on coding and agentic AI.
This management swap also means the company is losing a lot of its smartest people. Jeff Dean, Noam Shazeer, and John Jumper have all left within months of each other, and current employees describe deep frustration over sustained 60-hour work weeks, plus a controversial Pentagon defense deal that triggered resignations and sparked the first unionization drive at a frontier AI lab. More than 580 employees signed an open letter urging Pichai to reconsider the deal. Google's models "are currently not competitive with the bleeding edge" on intelligence and coding benchmarks. On top of that, Gemini 3.5 Pro remains unreleased after three missed deadlines even as rivals keep pace. Some employees describe the reorganization as a shift of power away from London toward Mountain View, undermining DeepMind's independence at precisely the moment it needs clear direction.
#googl #cloud #people #employees
3 months ago
LYNCHBURG, Va. - The sci-fi-worthy machine soaring 120 feet tall in the hills outside Lynchburg had been all but left for dead - a $400 million experiment that collapsed as the energy economy shifted and the financial prospects for next-generation nuclear technology soured.
The faux eight-story reactor in Lynchburg, built to mimic a nuclear plant but run on electricity so engineers can safely monitor and tinker with it, languished a decade unused on a Liberty University engineering campus.
Subscribe to The Post Most newsletter for the most important and interesting stories from The Washington Post.
Now, with the AI build out exploding across the country, a pair of engineering wizards with a nuclear start-up and ******* eX pedigree see in it a lucrative solution to one of the country's most vexing challenges: powering the proliferation of data centers.
They are betting that they can leverage a forgotten test facility started in 2009 as a launchpad to build the small, more nimble nuclear reactors that the industry has been promising for decades could create cheap, reliable energy.
#post #engineering #washington
The faux eight-story reactor in Lynchburg, built to mimic a nuclear plant but run on electricity so engineers can safely monitor and tinker with it, languished a decade unused on a Liberty University engineering campus.
Subscribe to The Post Most newsletter for the most important and interesting stories from The Washington Post.
Now, with the AI build out exploding across the country, a pair of engineering wizards with a nuclear start-up and ******* eX pedigree see in it a lucrative solution to one of the country's most vexing challenges: powering the proliferation of data centers.
They are betting that they can leverage a forgotten test facility started in 2009 as a launchpad to build the small, more nimble nuclear reactors that the industry has been promising for decades could create cheap, reliable energy.
#post #engineering #washington
3 months ago
Taylor Swift stepped out for another wedding just weeks after marrying Kansas City Chiefs star tight end Travis Kelce, and a body language expert believes the singer is showing signs that she has comfortably adjusted to married life.
Swift, 36, attended the wedding of recording engineers Oli Jacobs and Laura Sisk in the U.K. on August 15. She celebrated alongside friends including Sabrina Carpenter and Jack Antonoff and debuted her shortest hairstyle in years.
Body language expert Darren Stanton ****** yzed photos from the event for CanadaCasino and said Swift appeared noticeably comfortable while interacting with the other guests.
"One of the main things that comes over with Taylor's body language is that she's incredibly comfortable now," Stanton said. "It's clear that she's settled into married life really easily."
Swift and Kelce, also 36, married at Madison Square Garden in New York City in July.
#swift #city #wedding #expert
Swift, 36, attended the wedding of recording engineers Oli Jacobs and Laura Sisk in the U.K. on August 15. She celebrated alongside friends including Sabrina Carpenter and Jack Antonoff and debuted her shortest hairstyle in years.
Body language expert Darren Stanton ****** yzed photos from the event for CanadaCasino and said Swift appeared noticeably comfortable while interacting with the other guests.
"One of the main things that comes over with Taylor's body language is that she's incredibly comfortable now," Stanton said. "It's clear that she's settled into married life really easily."
Swift and Kelce, also 36, married at Madison Square Garden in New York City in July.
#swift #city #wedding #expert
3 months ago
Pop star Taylor Swift was out and about over the weekend, making one of her few public appearances since getting married over 4th of July weekend. Her new husband, NFL tight end Travis Kelce, was seen sporting his wedding band on his way into the first preseason game for his Kansas City Chiefs team.
Swift, meanwhile, was seen in the United Kingdom for the wedding of Oli Jacobs and Laura Sisk. Jacobs and Sisk are recording engineers, having worked on albums with the 14-time Grammy winner before. Sisk collaborated with Swift on 1989, Reputation, Lover, Evermore, Midnights, The Tortured Poets Department and Folklore, along with Swift's re-recorded Taylor's Version albums. Jacobs worked on 1989 (Taylor's Version) and The Tortured Poets Department.
Swift was seen with a new look, having lopped off a good portion of her signature long blond locks. Although her hair was shorter, it certainly isn't drastically short. Her bangs were also swept to the side, completing the look.
This article originally appeared on For The Win: Taylor Swift premieres new short hair at weekend wedding
#jacobs
Swift, meanwhile, was seen in the United Kingdom for the wedding of Oli Jacobs and Laura Sisk. Jacobs and Sisk are recording engineers, having worked on albums with the 14-time Grammy winner before. Sisk collaborated with Swift on 1989, Reputation, Lover, Evermore, Midnights, The Tortured Poets Department and Folklore, along with Swift's re-recorded Taylor's Version albums. Jacobs worked on 1989 (Taylor's Version) and The Tortured Poets Department.
Swift was seen with a new look, having lopped off a good portion of her signature long blond locks. Although her hair was shorter, it certainly isn't drastically short. Her bangs were also swept to the side, completing the look.
This article originally appeared on For The Win: Taylor Swift premieres new short hair at weekend wedding
#jacobs
3 months ago
Taylor Swift flew across the Atlantic to attend Laura Sisk and Oli Jacobs' wedding in the United Kingdom on Saturday. The wedding of the audio engineers took place at Peter Gabriel's Real World Studios outside Bath in Gloucestershire.
On Sunday, People Magazine published photos from the wedding, showing Swift sporting a shoulder-length hairstyle and her signature bangs. She wore a navy blue dress with gold floral embroidery. In accessories, she opted for a pearl necklace and her signature bold red lip.
Swift's friends, Jack Antonoff and singer Sabrina Carpenter, also attended.
Taylor Swift has worn shoulder-length hair during several important periods of her career.
During the "1989" era in 2014 and 2015, she cut her long hair into a shoulder-length bob or lob. She kept the wavy, side-swept style through most of the 1989 World Tour before switching to a shorter, chin-length blunt bob in early 2016.
#swift #signature #laura
On Sunday, People Magazine published photos from the wedding, showing Swift sporting a shoulder-length hairstyle and her signature bangs. She wore a navy blue dress with gold floral embroidery. In accessories, she opted for a pearl necklace and her signature bold red lip.
Swift's friends, Jack Antonoff and singer Sabrina Carpenter, also attended.
Taylor Swift has worn shoulder-length hair during several important periods of her career.
During the "1989" era in 2014 and 2015, she cut her long hair into a shoulder-length bob or lob. She kept the wavy, side-swept style through most of the 1989 World Tour before switching to a shorter, chin-length blunt bob in early 2016.
#swift #signature #laura
3 months ago
THE RUNDOWN
Taylor Swift was a guest at the wedding of recording engineers Oli Jacobs and Laura Sisk.
She was wearing a navy blue gown with a tulle skirt and gold embroidery.
She was joined at the wedding by her friends Sabrina Carpenter and Jack Antonoff.
On Saturday, Taylor Swift attended the wedding of her friends Oli Jacobs and Laura Sisk, two recording engineers with a star-studded guest list. Also at the ceremony were Swift's friends Sabrina Carpenter and Jack Antonoff.
#wedding #swift #carpenter
Taylor Swift was a guest at the wedding of recording engineers Oli Jacobs and Laura Sisk.
She was wearing a navy blue gown with a tulle skirt and gold embroidery.
She was joined at the wedding by her friends Sabrina Carpenter and Jack Antonoff.
On Saturday, Taylor Swift attended the wedding of her friends Oli Jacobs and Laura Sisk, two recording engineers with a star-studded guest list. Also at the ceremony were Swift's friends Sabrina Carpenter and Jack Antonoff.
#wedding #swift #carpenter
3 months ago
Taylor Swift has been married to NFL star Travis Kelce for more than a month. The power couple tied the knot in a ceremony at Madison Square Garden on Friday, July 3. More than 1,000 guests were in attendance.
While Kelce, 36, is currently getting ready for the 2026 NFL season with the Kansas City Chiefs, his wife, Swift, has been traveling abroad. Swift, 36, was spotted in London earlier this week. She's since been spotted at a United Kingdom wedding.
Swift stunned with a new, short haircut, a month into being Mrs. Kelce.
"Joined by pals Sabrina Carpenter and Jack Antonoff to celebrate the nuptials of recording engineers Oli Jacobs and Laura Sisk, Swift's shorter hairdo was on full display, with her signature bangs still intact, as she wore a navy blue dress embroidered with golden floral designs. She paired the attire with her classic red lip, as well as her massive engagement ring and wedding band following her own wedding to Travis Kelce earlier this summer," PEOPLE reported.
Photos of the haircut can be seen here.
#travis #month
While Kelce, 36, is currently getting ready for the 2026 NFL season with the Kansas City Chiefs, his wife, Swift, has been traveling abroad. Swift, 36, was spotted in London earlier this week. She's since been spotted at a United Kingdom wedding.
Swift stunned with a new, short haircut, a month into being Mrs. Kelce.
"Joined by pals Sabrina Carpenter and Jack Antonoff to celebrate the nuptials of recording engineers Oli Jacobs and Laura Sisk, Swift's shorter hairdo was on full display, with her signature bangs still intact, as she wore a navy blue dress embroidered with golden floral designs. She paired the attire with her classic red lip, as well as her massive engagement ring and wedding band following her own wedding to Travis Kelce earlier this summer," PEOPLE reported.
Photos of the haircut can be seen here.
#travis #month
3 months ago
On CNBC's Mad Money's August 3 episode, host Jim Cramer highlighted PayPal Holdings, Inc. (NASDAQ:PYPL) as one of the standout performers in the S&P 500 during July as it gained 32.5%. While noting operational improvements under Chief Executive Officer Enrique Lores, Cramer focused on the market reaction surrounding a reported buyout proposal from private fintech competitor Stripe and private equity partner Advent International:
Third best performing in the S&P 500… in July… PayPal. That's up 32.5%. Now, while the company's certainly doing much better under Enrique Lores than its previous CEO. The stock roared because PayPal apparently got a takeover overture from the giant private fintech company called Stripe, with the backing also of a big private equity firm. Now, they haven't agreed to anything, but it hasn't been shot down. Quizzical.
Reports of a joint buyout offer from Stripe and Advent International valued PayPal Holdings, Inc. (NASDAQ:PYPL) at approximately $53 billion, or $60.50 per share, a significant premium over its pre-announcement trading price. The acquisition attempt represents a rare role reversal, in which a private fintech firm, backed by major financial investors, is trying to buy out an established market leader.
While both platforms dominate online commerce processing, PayPal Holdings, Inc. (NASDAQ:PYPL) and Stripe represent contrasting business architectures and growth trajectories within fintech. PayPal operates as a consumer-facing ecosystem with hundreds of millions of active digital wallets alongside its merchant services. That dual-sided model gives PayPal deep brand recognition, yet leaves it exposed to changing consumer payment preferences and margin pressure in basic checkout processing.
Stripe functions as developer-first infrastructure, embedding payment capabilities directly into application software, SaaS platforms, and enterprise marketplaces. While PayPal Holdings, Inc. (NASDAQ:PYPL) relies on legacy brand equity and consumer wallet engagement, Stripe built its market share by serving software engineers and digital businesses. Combining the two firms would pair PayPal's massive global network and consumer base with Stripe's strength among software developers, though clearing regulatory scrutiny and merging their massive tech systems would pose major challenges.
#holdings #pypl #Equity
Third best performing in the S&P 500… in July… PayPal. That's up 32.5%. Now, while the company's certainly doing much better under Enrique Lores than its previous CEO. The stock roared because PayPal apparently got a takeover overture from the giant private fintech company called Stripe, with the backing also of a big private equity firm. Now, they haven't agreed to anything, but it hasn't been shot down. Quizzical.
Reports of a joint buyout offer from Stripe and Advent International valued PayPal Holdings, Inc. (NASDAQ:PYPL) at approximately $53 billion, or $60.50 per share, a significant premium over its pre-announcement trading price. The acquisition attempt represents a rare role reversal, in which a private fintech firm, backed by major financial investors, is trying to buy out an established market leader.
While both platforms dominate online commerce processing, PayPal Holdings, Inc. (NASDAQ:PYPL) and Stripe represent contrasting business architectures and growth trajectories within fintech. PayPal operates as a consumer-facing ecosystem with hundreds of millions of active digital wallets alongside its merchant services. That dual-sided model gives PayPal deep brand recognition, yet leaves it exposed to changing consumer payment preferences and margin pressure in basic checkout processing.
Stripe functions as developer-first infrastructure, embedding payment capabilities directly into application software, SaaS platforms, and enterprise marketplaces. While PayPal Holdings, Inc. (NASDAQ:PYPL) relies on legacy brand equity and consumer wallet engagement, Stripe built its market share by serving software engineers and digital businesses. Combining the two firms would pair PayPal's massive global network and consumer base with Stripe's strength among software developers, though clearing regulatory scrutiny and merging their massive tech systems would pose major challenges.
#holdings #pypl #Equity
3 months ago
A dangerous new front is emerging in the Russia-Ukraine war as attackers and alleged intelligence operatives increasingly target executives and engineers developing the cutting-edge drone technology that is reshaping the battlefield, industry experts warned Sunday.
The attacks include an Aug. 4 car bombing near Yekaterinburg that critically injured Vladimir Tkachuk, head of Russian drone manufacturer Uraldronzavod, and killed his driver, according to Russian state news agency TASS, The **** ociated Press reported.
His company produces the "Upyr," or "Ghoul," a first-person-view attack drone used by Russian forces in Ukraine.
'A New Kind Of War': Inside Ukraine's Hidden Factories Mass-producing Combat Drones
Days earlier, Andrei Cherezov, head of another Russian drone company, was shot three times in Tula overnight July 28-29 in an apparent **** assination attempt, according to Ukrainian outlet Pravda. Authorities have not publicly attributed either attack to Ukraine.
#russian #ukraine #Russia #sunday
The attacks include an Aug. 4 car bombing near Yekaterinburg that critically injured Vladimir Tkachuk, head of Russian drone manufacturer Uraldronzavod, and killed his driver, according to Russian state news agency TASS, The **** ociated Press reported.
His company produces the "Upyr," or "Ghoul," a first-person-view attack drone used by Russian forces in Ukraine.
'A New Kind Of War': Inside Ukraine's Hidden Factories Mass-producing Combat Drones
Days earlier, Andrei Cherezov, head of another Russian drone company, was shot three times in Tula overnight July 28-29 in an apparent **** assination attempt, according to Ukrainian outlet Pravda. Authorities have not publicly attributed either attack to Ukraine.
#russian #ukraine #Russia #sunday
3 months ago
Jenna O'Malley/PitchBook
In a fabrication shop outside Lexington, KY, MiddleGround Capital builds robotic work cells: self-contained stations where robots perform tasks with minimal human involvement.
The PE firm's automation team—roughly a dozen engineers and fabricators, many recruited from the Toyota plant up the road—assembles these cells near the firm's headquarters, then trucks them to the shop floors of its portfolio companies.
A typical build, founding partner Scot Duncan said, is "a robot arm on a little dolly." It opens the door of an industrial workstation, removes and measures a finished part, loads new material and starts the next cycle. "The human interaction is really almost nothing when it's actually running," Duncan said.
The setup is futuristic-looking, yet it is not generative AI, it is automation. That distinction is becoming increasingly important—and blurred—as PE firms race to put AI at the heart of an American manufacturing revival.
#duncan #shop #o 'malley #middleground
In a fabrication shop outside Lexington, KY, MiddleGround Capital builds robotic work cells: self-contained stations where robots perform tasks with minimal human involvement.
The PE firm's automation team—roughly a dozen engineers and fabricators, many recruited from the Toyota plant up the road—assembles these cells near the firm's headquarters, then trucks them to the shop floors of its portfolio companies.
A typical build, founding partner Scot Duncan said, is "a robot arm on a little dolly." It opens the door of an industrial workstation, removes and measures a finished part, loads new material and starts the next cycle. "The human interaction is really almost nothing when it's actually running," Duncan said.
The setup is futuristic-looking, yet it is not generative AI, it is automation. That distinction is becoming increasingly important—and blurred—as PE firms race to put AI at the heart of an American manufacturing revival.
#duncan #shop #o 'malley #middleground
3 months ago
Our ******* ysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here.
Achieved first criticality at the Groves isotope facility in less than one year from groundbreaking, demonstrating a record-setting pace for privately funded nuclear deployment.
Transitioned from a design-focused entity to a functioning nuclear operator by building in-house capabilities across site development, federal safety authorization, and reactor commissioning.
Advancing a vertically integrated 'Power, Fuel, and Isotopes' platform to capture value across the entire nuclear lifecycle and reduce dependency on fragmented third-party supply chains.
Strengthened the execution engine through the strategic acquisitions of ARMEC and Creative Engineers, shortening feedback loops between engineering, specialized manufacturing, and deployment.
#nuclear #deployment #tell
Achieved first criticality at the Groves isotope facility in less than one year from groundbreaking, demonstrating a record-setting pace for privately funded nuclear deployment.
Transitioned from a design-focused entity to a functioning nuclear operator by building in-house capabilities across site development, federal safety authorization, and reactor commissioning.
Advancing a vertically integrated 'Power, Fuel, and Isotopes' platform to capture value across the entire nuclear lifecycle and reduce dependency on fragmented third-party supply chains.
Strengthened the execution engine through the strategic acquisitions of ARMEC and Creative Engineers, shortening feedback loops between engineering, specialized manufacturing, and deployment.
#nuclear #deployment #tell