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Category: finance

It Feels Like Apple Is Trying To Lose

Apple’s prioritization of shareholder value through massive share buybacks over investing in innovation and R&D may be a strategic misstep that could hinder its future success and allow competitors to gain an edge, particularly in emerging markets like AI

## Questions to inspire discussion.

Innovation and Investment.

🔬 Q: How could Apple’s buyback program have been used differently? A: A: Apple’s $700 billion share buyback over the past decade could have been invested in R&D to develop innovative products like a car, potentially yielding greater long-term value.

🤖 Q: What is Apple’s current stance on AI development? A: Apple’s inaction in AI is notable, with Siri’s performance declining over time, indicating a lack of focus on this crucial technology sector.

Product Development and Market Strategy.

Continue reading “It Feels Like Apple Is Trying To Lose” | >

Discover How AI is Transforming Quantum Computing

Quantum technologies have had a meteoric rise and become a key area of prioritization for governments, academics, and businesses. Government funding commitments total almost $40 billion, while private investments since 2021 total nearly $8 billion. The US agency, National Institute of Standards and Technology, released this year three new post-quantum security standards, which governments classify as ‘critical resources’ for the economy and national defense. Meanwhile, users of quantum technologies experiment with them, from industry applications in drug development and materials science to energy grid optimization and logistics efficiency.

Yet, besides a few areas, such as quantum sensing, practical and impactful quantum technologies haven’t matured for widespread use. However, when combined with classical machine learning, practical use cases emerge.

This article delves into the impact and potential of artificial intelligence and quantum technologies with QAI Ventures, a financial partner and ecosystem builder in quantum technologies and AI, as a potential collaborator for startups to deliver investment, resources, global networks, and tailored accelerator and incubator programs.

This article covers AI and quantum technologies with QAI Ventures, a financial partner and ecosystem builder in emerging technologies.

Meta Reports Fourth Quarter and Full Year 2024 Results

We expect first quarter 2025 total revenue to be in the range of $39.5–41.8 billion. This reflects 8–15% year-over-year growth, or 11–18% growth on a constant currency basis as our guidance assumes foreign currency is an approximately 3% headwind to year-over-year total revenue growth, based on current exchange rates. This also reflects the effect of lapping leap day in the first quarter of 2024. While we are not providing a full year 2025 revenue outlook, we expect the investments we are making in our core business this year will give us an opportunity to continue delivering strong revenue growth throughout 2025.

(The first quarter 😳)

Meta Platforms, Inc. (Nasdaq: META) today reported financial results for the quarter and full year ended December 31, 2024. “We continue to make good progress on AI, glasses, and the future of social media,” said Mark Zuckerberg, Meta founder and CEO. “I’m excited to see these efforts scale further in 2025.” Fourth Quarter and Full Year 2024 Financial Highlights Three Months Ended December 31, % Change Twelve Months Ended December 31, % Change In millions, except percentages and per share amounts 2024 2023 2024 2023 Revenue $48,385 $40,111 21% $164,501 $134,902 22% Costs and expenses 25,020 23,727 5% 95,121 88,151 8% Income from operations $23,365 $16,384 43% $69,380 $46,751 48% Operating margin 48% 41% 42% 35% Provision for.

Building energy model offers cities decarbonization roadmap

A new software tool developed by Cornell researchers can model a small city’s building energy use within minutes on a standard laptop, then run simulations to help policymakers prioritize the most cost-effective approaches to decarbonization.

Using the City of Ithaca, New York, as a , the urban building energy model quickly mapped more than 5,000 residential and and their baseline energy use. Simulated investments in weatherization, electric heat pumps and rooftop solar panels, while also factoring in financial incentives, generated insights that are informing city efforts to achieve carbon neutrality by 2030.

The tool’s automated workflow, accessibility and accuracy—without advanced computing power—could be particularly valuable for smaller cities that lack resources and expertise dedicated to decarbonization, the researchers said. But they said the new model—now also supporting the county that surrounds Ithaca—could be further scaled up to serve big cities or an entire state.

Sam Altman’s worst-case AI scenario may already be here

Sam Altman, CEO of OpenAI, appeared at a Federal Reserve event on July 22 and outlined three “scary categories” of how advanced artificial intelligence could threaten society.

The first two scenarios — a bad actor using artificial intelligence for malfeasance and a rogue AI taking over the world — were accompanied by the insistence that people were working to prevent them. However, Mr. Altman offered no such comfort with the third scenario, the one that seemed to trouble him most.

He described a future where AI systems become “so ingrained in society … [that we] can’t really understand what they’re doing, but we do kind of have to rely on them. And even without a drop of malevolence from anyone, society can just veer off in a sort of strange direction.”

Cybercrime Groups ShinyHunters, Scattered Spider Join Forces in Extortion Attacks on Businesses

An ongoing data extortion campaign targeting Salesforce customers may soon turn its attention to financial services and technology service providers, as ShinyHunters and Scattered Spider appear to be working hand in hand, new findings show.

“This latest wave of ShinyHunters-attributed attacks reveals a dramatic shift in tactics, moving beyond the group’s previous credential theft and database exploitation,” ReliaQuest said in a report shared with The Hacker News.

These include the use of adoption of tactics that mirror those of Scattered Spider, such as highly-targeted vishing (aka voice phishing) and social engineering attacks, leveraging apps that masquerade as legitimate tools, employing Okta-themed phishing pages to trick victims into entering credentials during vishing, and VPN obfuscation for data exfiltration.

How can we strengthen the carbon market?

The global voluntary carbon market (VCM) is a critical tool for mobilizing finance for decarbonization efforts. As the market for carbon credits has grown, however, the value and effectiveness of the market has come under scrutiny.

To restore trust and increase confidence in the market, it is critical that carbon credits represent real, additional, verifiable emission reductions. The credibility and integrity of carbon credits rely heavily on the standards governing their creation and purchase. Strengthening market mechanisms, ensuring rigorous accounting standards, and increasing global cooperation are all essential to ensure that carbon markets contribute towards a low-carbon future.

OpenAI’s GPT-5 Flop, AI’s Unlimited Market, China’s Big Advantage, Rise in Socialism, Housing Crisis

Questions to inspire discussion.

📊 Q: How did GPT-5 perform compared to GPT-4? A: GPT-5 was narrowly ahead of GPT-4 in artificial analysis, but GPT-4 was significantly better in “humanity’s last exam” and RKGI2, which measures tasks relatively easy for humans but hard for AIs.

🌐 Q: What is the key architectural improvement in GPT-5? A: GPT-5 has a multimodal architecture that can self-select the underlying model for a task, providing a simple, clean interface without users needing to understand technical details.

AI industry growth and economic impact.

💰 Q: How much is being invested in the AI industry annually? A: The AI industry is experiencing astronomical growth, with hundreds of billions of dollars being deployed annually, and a projected trillion dollars in the next 5 years on data centers and AI infrastructure.

📈 Q: Are there already economic returns on AI investments? A: Economic returns on AI investments are already evident, with companies like Meta and Microsoft reporting significant revenue growth and productivity gains.

Continue reading “OpenAI’s GPT-5 Flop, AI’s Unlimited Market, China’s Big Advantage, Rise in Socialism, Housing Crisis” | >

Major climate-GDP study under review after facing challenge

A blockbuster study published in top science journal Nature last year warned that unchecked climate change could slash global GDP by a staggering 62% by century’s end, setting off alarm bells among financial institutions worldwide.

But a re-analysis by Stanford University researchers in California, released Wednesday, challenges that conclusion—finding the projected hit to be about three times smaller and broadly in line with earlier estimates, after excluding an anomalous result tied to Uzbekistan.

The saga may culminate in a rare retraction, with Nature telling AFP it will have “further information to share soon”—a move that would almost certainly be seized upon by climate-change skeptics.

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