Author: Anthony M. Orbison
The artificial intelligence (AI) revolution isn’t just another tech trend — it’s fundamentally reshaping how value is created in the global economy. Market research firm IDC projects that business investment in AI will generate a staggering $19.9 trillion in economic impact through 2030. Two AI technology pioneers, SoundHound AI (NASDAQ: SOUN) and Palantir Technologies (NASDAQ: PLTR), have already delivered triple-digit returns in 2024, yet their expanding market opportunities suggest significant growth potential ahead. These companies aren’t riding market sentiment, but are converting technological advantages into accelerating revenue growth and expanding market share. Image source: Getty Images. Despite soaring 539% and…
The 2024 college football season is nearing its end, which means it’s just about time to award the Heisman Trophy to the nation’s best player. The Heisman is considered the most prestigious award in college football, and the winner is selected through a process of picks from sports journalists.This year’s finalists represent a range of schools with winning records and — for three of them — playoff-bound teams: University of Oregon quarterback Dillon Gabriel, University of Colorado cornerback/wide receiver Travis Hunter, Boise State University running back Ashton Jeanty, and University of Miami quarterback Cam Ward. The Heisman Trophy will be…
Solana (SOL) was the top ecosystem choice this year for new developers, according to a recent report. Researchers at the venture firm Electric Capital note that 39,148 new developers explored the crypto space in 2024. The firm also says that 2024 was the first year since 2016 that any ecosystem besides Ethereum (ETH) ranked first among the new developer cohort, with 7,625 new devs choosing Solana, compared to 6,456 for Ethereum. Solana also leads in terms of decentralized exchange (DEX) usage, capturing 81% of DEX transactions and ranking the highest in terms of the number of unique trading wallets. Base,…
Stay informed with free updatesSimply sign up to the German economy myFT Digest — delivered directly to your inbox.Germany faces another year of economic stagnation even in a best-case scenario, the Bundesbank warned on Friday, as it slashed its 2025 growth forecast to just 0.1 per cent and added that a trade war with the US could push Europe’s largest economy into recession.If President-elect Donald Trump carried out his threat to impose blanket tariffs on all US imports, this could knock between 0.2 and 0.6 percentage points off GDP next year, the Bundesbank said. The Bundesbank modelled a scenario where…
By Anshuman Tripathy (Reuters) -Air-taxi maker Archer Aviation said on Thursday it has raised $430 million in fresh capital, part of which will be used to develop a hybrid aircraft with defense tech company Anduril Industries. Shares of Archer were down 4% in early trading. Existing investors United Airlines and Stellantis (NYSE:) as well as new backers such as Wellington Management and Abu Dhabi investment holding company 2PointZero participated in the fundraising, which was through an equity offering. Anduril, which was founded by entrepreneur Palmer Luckey, and Archer said the aircraft would target a potential “program of record” — a…
Solana is reported as the fastest-growing blockchain in terms of new crypto developers, with growth that is up to double-digit in a single year. According to the Electric Capital report on Dec. 12, Solana (SOL) is the number one blockchain for new crypto developers, with annual growth up to 83%, surpassing the largest blockchain in the world, Ethereum (ETH). The report found that 7,625 out of 39,148 new developers this year were using Solana as their first blockchain. This number has surpassed Ethereum with 6,456 new developers and others’ blockchains with 3,383. This trend has increased every year since a…
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It all happened in Vegas.That could cover just about anything, including a lot of stuff that’s probably best kept on the down low. But we’re talking about Amazon’s AWS re:Invent, an annual, week-long whoop-dee-doo hosted by Amazon Web Services for the global cloud computing community.Related: Analysts revamp Amazon stock price target after AWS AI updateThe event wrapped up on Dec. 6 and Amazon (AMZN) CEO Andy Jassy posted a video on X to share a few — a whole bunch, actually — of stats related to AWS re:Invent.Among other things, Jassy said a total of 60,000 people attended, with 21 hotels across the Vegas Strip…
Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo’s journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this groundbreaking technology. Driven by an insatiable thirst for knowledge, Ronaldo has delved into the depths of the crypto space, exploring its various facets, from blockchain fundamentals to market trends and investment strategies. His tireless exploration and commitment to staying up-to-date with the latest developments have…
(Reuters) -Elon Musk said on social media platform X on Thursday that the SpaceX headquarters will now officially be in the city of Starbase, Texas. In July, Musk said he was moving the headquarters of two of his companies – social media platform X and rocket company SpaceX – to Texas from California, citing a new gender identity law there as the “last straw.” The billionaire previously said SpaceX’s main office would move to an existing facility in Boca Chica, Texas, while X would move to Austin. However, the extent to which jobs or facilities in California will transfer to…