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Featured AlphaTack Intel Article
German Army to Start Training With New Attack Drones Next Month
German defense startups Helsing and Stark Defence are on track with the development of attack drones, including plans to start training Germany’s army on the equipment in November, according to the government. “Both systems have achieved a comparable level of...
– AlphaTack Intel Articles –
Bond Veteran Jim Bianco Turns Bullish for First Time Since 2020
Jim Bianco, a Wall Street veteran and longtime market watcher, is turning bullish on US Treasuries for the first time in six years after benchmark yields surged to two-decade highs, creating an enticing entry point. “This is a value play,” said Bianco, president and...
AMD Bolsters AI Vision With $8.2B Acquisition Of Fei-Fei Li’s World Labs, Stock Drops 4%
AMD agrees to buy World Labs for $8.2 billion in an all-stock transaction, targeted to close by year-end, subject to regulatory approval. Stanford computer scientist and World Labs founder Dr. Fei-Fei Li will join AMD as executive vice president and chief scientist,...
AMD will acquire Fei-Fei Li’s World Labs for $8.2B
AMD is acquiring World Labs, one of the leading developers of deep learning models intended to understand physical reality, in an $8.2 billion deal, the two companies said today. World Labs justified the deal in a statement saying that AI development required “close...
Apollo’s Slok Says Financial System Risks an ‘Agentic Bank Run’
Artificial intelligence assistants such as Meta Platforms Inc.’s Muse could put the financial system at risk if consumers start heavily relying on them to shift cash into higher-yielding accounts, according to Apollo Global Management Inc. Chief Economist Torsten...
Apollo’s Slok Says Fed Risks Overlooking Diesel-Price Danger
Apollo Global Management Inc.’s Torsten Slok warned that record diesel prices pose a greater inflation threat than the Federal Reserve may appreciate because those fuel costs flow into the core consumer price index. The breadth of diesel-related transportation...
India Lets Wealth-Focused Funds With $463 Billion Invest Abroad
India’s market regulator will allow a $463 billion segment of its portfolio management industry catering to wealthy individuals to invest in overseas securities and short equity options for the first time, as part of a sweeping overhaul of the rules. The Securities...