you know, logically they should have not fought ever, right? The whole idea here we are. Exactly. So when you're asking, do I think there's going to be a truce that's going to hold? I don't I don't know. I mean, there's no logical explanation for why they're fighting now. And so therefore, I wouldn't use logic into the future to say they're not going to fight in the future. And I think that if you look at Elon Musk, you have to be saying, what are you doing, man? You're you're jeopardizing not only uh Tesla ...

Group 1 - The core viewpoint of the article revolves around the uncertainties and challenges faced by investors in the AI sector, particularly regarding the future of large models and their potential to create significant value [2][5][17] - Investors are experiencing a "fear of missing out" (FOMO) which drives them to invest in leading projects like OpenAI and Anthropic, despite uncertainties about their long-term success [6][28] - There is a lack of clarity on what types of AI applications will emerge as the next unicorns, with most current projects being efficiency tools rather than groundbreaking native applications [7][23][55] Group 2 - The article discusses the historical parallels between the current AI landscape and the early internet era, highlighting the confusion and excitement surrounding transformative technologies [12][16][36] - Investors are questioning whether large models can develop into monopolistic ecosystems similar to iOS, and whether they can achieve high valuations [6][34] - The competitive landscape for AI startups is more challenging than in the past, as traditional companies are now actively engaging with AI technologies and have significant resources [25][26][27] Group 3 - The article emphasizes the importance of identifying the right applications that will succeed in the AI space, noting that many current projects are merely enhancements rather than innovative solutions [20][22][54] - There is a concern that the best investment opportunities may be missed as the market matures and the most promising applications become apparent [24][55] - The potential for AI applications to evolve into significant business models remains uncertain, with a focus on B2B opportunities currently being more prevalent than B2C [56][57]

eastern and streaming on CNBC plus. >> Open AI distancing itself now from Robinhood's latest push into crypto after the trading platform started offering what they're calling tokenized shares of SpaceX, which of course is a private company to users, though the users and I should say are only in Europe, so this is not available to customers of Robinhood here in the United States. In a post on X, though, OpenAI saying the following says these OpenAI tokens are not OpenAI equity.We did not partner with Robinho ...

Regulatory Landscape - Robinhood CEO states OpenAI and SpaceX "stock tokens" are derivatives, not equity [1] - This classification follows pushback from Sam Altman's firm [1]

.@SpaceX is pushing humanity forward with reusable rockets, global Starlink, and the mission to reach Marshttps://t.co/7v9Lml4Eq3 ...

The government and most large organizations tend to start with “Make Requirements MORE dumb” 😂Tesla Owners Silicon Valley (@teslaownersSV):SpaceX company policy https://t.co/McQl8YuLZt ...

RT SMX 🇺🇸 (@iam_smx)Starship is the largest and most powerful flying object ever made, and it is just getting started. https://t.co/BdR0ZhZk6l ...

SpaceX company policy https://t.co/McQl8YuLZt ...

Core Viewpoint - The essence of angel investment is a battle of faith and confidence, where investors must be willing to bet on projects that others overlook, especially during times of greatest divergence and loneliness [4][20][54]. Group 1: Investment Philosophy - Angel investors like Gong Hongjia believe that true innovation in China will emerge when someone is willing to invest 1 billion yuan in early-stage ventures [40]. - Successful angel investing requires a deep understanding of human nature and a long-term commitment to the mission of the projects [5][64]. - The investment landscape is changing, with a focus on life sciences, health, and foundational technologies, reflecting a worldview that emphasizes respect for natural rhythms and the environment [4][26]. Group 2: Investment Success Stories - Gong Hongjia's investment in Hikvision in 2001 for 2.45 million yuan, which yielded over 20,000 times returns, exemplifies the potential of long-term holding strategies in the A-share market [4]. - The investment in VeriSilicon (芯原股份) highlights the importance of believing in a company's future, even when it faces significant challenges, such as failing to list on NASDAQ [12][18]. - The journey of Dameng Data (达梦数据) illustrates the patience required in investing, as it took nearly 24 years for the company to go public, despite initial skepticism about domestic database capabilities [23][24]. Group 3: Challenges and Market Dynamics - The current investment environment is marked by a need for "root innovation" and a shift towards domestic capabilities in technology, particularly in the face of geopolitical tensions [26][30]. - The challenges of investing in high-tech sectors, such as semiconductors, are compounded by the need for advanced manufacturing processes and equipment, which are currently difficult to obtain [30][31]. - The emphasis on nurturing local talent and fostering an environment conducive to innovation is critical for the future of China's tech landscape [40][93]. Group 4: Entrepreneurial Insights - Successful entrepreneurs are characterized by their ability to learn, simplify complex problems, and possess leadership qualities that inspire others [65][66]. - The importance of a shared mission among team members is crucial for overcoming challenges, as seen in past projects that failed due to a lack of commitment [67]. - The entrepreneurial journey is often unpredictable, and the ability to adapt and learn from failures is essential for long-term success [50][60].

Group 1: China-Europe Relations - The 13th round of high-level strategic dialogue between China and Europe was held, emphasizing the partnership nature of their relationship and the importance of cooperation over conflict [5] - Both sides support multilateralism and open cooperation, aiming to enhance communication and mutual trust to maintain the post-war international order [5] Group 2: U.S.-China Ethane Trade - The U.S. government lifted restrictions on ethane exports to China, allowing two energy companies, Enterprise Products Partners and Energy Transfer, to resume trade [6][7] - Prior to the lifting of restrictions, U.S. ethane exports to China had been halted, with daily exports dropping from an average of 257,000 barrels in May to zero in June [8][9] Group 3: Automotive Industry - General Motors reported a 7% increase in U.S. sales for the second quarter, totaling 746,588 vehicles, with traditional fuel vehicles still dominating sales [85] - Tesla's global vehicle deliveries fell by 13.5% year-on-year in the second quarter, with total deliveries at 384,122 vehicles, attributed to brand pressure and competition [84] - BYD has postponed its plans to build a factory in Mexico due to geopolitical tensions and uncertainties from U.S. trade policies [77][78] Group 4: Semiconductor Industry - Siemens has resumed providing chip design software technology to China, indicating the lifting of U.S. export restrictions [56][57] - A report from SEMI predicts a shortage of 1 million skilled professionals in the global semiconductor industry by 2030, highlighting a significant talent supply-demand imbalance [53][54] - TSMC's AI chip revenue is expected to reach $46 billion by 2027, driven by the demand for high-performance computing and AI applications [73][74] Group 5: Artificial Intelligence Developments - MiniMax, a Shanghai-based AI company, announced its open-source model M1 ranked second globally, showcasing significant advancements in long text processing and tool invocation [33] - SoftBank plans to issue $4.2 billion in bonds to fund AI development projects [34] - OpenAI has agreed to rent approximately 4.5GW of computing power from Oracle for its Stargate project, marking a significant investment in AI infrastructure [36][37] Group 6: Aerospace Industry - SpaceX successfully launched a new European weather satellite, completing a dual payload mission [92][93] - A 3D-printed lightweight micro turbojet engine developed by China Aviation Power has successfully completed its first flight test [97] - An eVTOL company has completed test flights in Dubai, with plans to launch commercial air taxi operations by 2026 [98][100]