South Korea Falls Into Bear Market As Memory Euphoria Fizzles

Kimi, Crude, & Carney: Rabobank Sums Up The Geopolitical Chaos Authored by Molly Schwartz, Rabobank cross-asset macro strategist, Trading Playbooks The advancement of one of China’s AI models, Kimi, has sharpened attention on the latest US plans to counter China’s growing AI challenge. Kimi is reportedly more powerful than several US flagship models, though not yet as powerful what lies on the frontier. However, Kimi operates at a fraction of the cost per token. That cost advantage raises the competitive threat to US AI leadership more broadly, including for other leading firms...

Why Are They So Obsessed With This? Authored by Steve Watson via Modernity.news, As NASA’s Artemis II mission — the first crewed flight around the Moon in over half a century — gets underway, some in the media couldn’t resist injecting race into humanity’s greatest technical achievement. Instead of celebrating the engineering triumph and the daring crew pushing the boundaries of exploration, certain outlets fixated on skin colour and “representation.” This is the same crowd that claims to champion science, yet they reduce every milestone to identity politics. A Sky News reporter declared that the...

Epstein-Linked Billionaire Just Sued The Congressman About To Run The Oversight Committee Billionaire Leon Black filed a federal defamation suit Wednesday against Rep. Robert Garcia (D-CA), the top Democrat on the House Oversight Committee, accusing him of lying about Black's ties to Jeffrey Epstein. The complaint, filed in the Southern District of New York, seeks $7.25 million in compensatory and punitive damages and a jury trial, and alleges Garcia "has knowingly and willfully lied about Leon Black and defamed him," NBC News reported.Black undoubtedly had this ready to go after...