OpenClaw creator Peter Steinberger joins OpenAI https://t.co/I78XnENpF3 ...

Core Viewpoint - CoreWeave is an attractively valued AI stock with significant growth potential, currently trading at 10 times sales, which is impressive given its strong revenue growth and long-term momentum [2][6] Company Performance - CoreWeave's revenue backlog surged almost fourfold to $55.6 billion in Q3 2025, significantly outpacing the 133% increase in quarterly revenue [7] - The company is expected to achieve a revenue spike of 136% to $12 billion in 2026, driven by a healthy backlog and increased AI spending [10] Market Dynamics - AI infrastructure spending is projected to reach $700 billion by 2026, with a 78% increase from the previous year, benefiting companies like CoreWeave [4][6] - Major customers include Meta Platforms, Microsoft, and OpenAI, which have awarded substantial contracts for cloud computing capacity [7][8] Investment and Capacity Expansion - CoreWeave received a $2 billion investment from Nvidia, enabling faster capacity expansion [9] - The company currently operates 590 megawatts of active data center capacity and aims to exceed 1 gigawatt over the next 12 to 24 months [9] Future Valuation - If CoreWeave meets the $12 billion revenue estimate and maintains a valuation of 10 times sales, its market cap could rise to $120 billion, significantly higher than its current $50 billion market cap [11]

Peter Steinberger's open-source AI agent OpenClaw hit 180,000 GitHub stars and spawned MoltBook chaos. Now Meta and OpenAI want to buy it, but he's determined to keep it free. https://t.co/pGZ0QXXdiQ ...

Peter Steinberger is joining OpenAI to drive the next generation of personal agents. He is a genius with a lot of amazing ideas about the future of very smart agents interacting with each other to do very useful things for people. We expect this will quickly become core to our product offerings.OpenClaw will live in a foundation as an open source project that OpenAI will continue to support. The future is going to be extremely multi-agent and it's important to us to support open source as part of that. ...

Core Insights - OpenAI is in advanced discussions to hire Peter Steinberger, the founder of OpenClaw, along with several other team members involved in maintaining the popular open-source software for personal AI agents [2][5] - If negotiations are successful, Steinberger and his team are likely to work on personal AI and other product-related tasks at OpenAI, with plans to establish a foundation to operate existing OpenClaw projects [2][5] - Meta is also competing to recruit Steinberger, indicating a fierce talent war among companies like OpenAI and Meta, both prioritizing personal AI development [2][5] Industry Context - The movement comes weeks after OpenClaw gained significant attention, allowing users to build powerful AI agents capable of performing complex tasks, such as generating marketing materials from business meeting recordings and scheduling appointments [3][6] - Over the past year, AI agents have been a hot sector, but most are focused on specific tasks, like operating enterprise software from Microsoft and Salesforce [3][6] - OpenClaw's rapid rise is attributed to its ability to support various AI models from different vendors and allow agents unrestricted access to users' computers [3][6] - The deployment of OpenClaw requires a certain level of technical skill, particularly to prevent agents from accessing sensitive information, which currently limits its use to technically proficient users [3][6] - Future optimization directions for OpenAI may include simplifying the installation and usage process of OpenClaw or integrating it into existing AI products [3][6]

Company Insights - Walmart is expected to report fiscal Q4 EPS of $0.73 on revenue of $188.54 billion, with same-store sales forecasted to rise about 4.2% [3] - Walmart has recently joined the $1 trillion market-cap club, indicating strong market performance [3] - Grassroots Trading rates Walmart as a Strong Sell, citing extreme valuation and limited margin of safety if multiples revert [4] Economic Indicators - Economists anticipate Q4 GDP growth to be around 2.8%, with Wells Fargo suggesting it could be closer to 1.6% when accounting for the impact of a government shutdown [5][6] - The core PCE price index, which is the Fed's preferred inflation gauge, is forecasted to increase to 3% year over year [7] Market Events - The Supreme Court is expected to rule on President Trump's tariffs soon, with prediction markets indicating a 27% chance of ruling in favor of the tariffs [8][9] - Nvidia's CEO will not attend the India AI Impact Summit due to unforeseen circumstances, but the company remains committed to the event [9][10] Dividend Information - Chevron, ConocoPhillips, Hasbro, and Microsoft are set to go ex-dividend this week, with payout dates in March [10][11] Research Developments - Goldman Sachs has launched a software pair-trade basket, going long on companies perceived as insulated from AI disruption and short on those seen as vulnerable [11][12][13]

Company Insights - Walmart is expected to report fiscal Q4 EPS of $0.73 on revenue of $188.54 billion, with same-store sales forecasted to rise about 4.2% [3] - Walmart recently joined the $1 trillion market-cap club, highlighting its significant market presence [3] - Grassroots Trading rates Walmart as a Strong Sell, citing extreme valuation and limited margin of safety if multiples revert [4] Economic Indicators - Economists anticipate Q4 GDP growth to be around 2.8%, with Wells Fargo suggesting it could be closer to 1.6% when accounting for the government shutdown's impact [5][6] - The core PCE price index, the Fed's preferred inflation gauge, is forecasted to increase to 3% year over year [7] Market Events - The Supreme Court is expected to rule on President Trump's tariffs soon, with prediction markets indicating a 27% chance of ruling in favor of the tariffs [8][9] - Major earnings reports are scheduled, including Palo Alto Networks and Medtronic on Tuesday, followed by DoorDash and Occidental on Wednesday [4] Dividend Information - Chevron, ConocoPhillips, Hasbro, and Microsoft are set to go ex-dividend this week, with payout dates in March [10][11] Investment Strategies - Goldman Sachs has launched a software pair-trade basket, going long on companies perceived as insulated from AI disruption and short on those seen as vulnerable [11][12][13]

Almost all the conflicts in the AI era are between competing groups of people, not between machines versus people. >> David Otter is professor of economics at MIT and the co-director of the labor studies program at the National Bureau of Economics Research. He's also emerged as one of the world's leading experts on the impacts of AI on the American worker.He spoke to us from MIT's campus in Cambridge, Massachusetts. The interests of the creators may very well not be the interests of the end users. We see th ...

While there were many preceding events that led to the rise of artificial intelligence (AI), the launch of OpenAI's ChatGPT in November 2022 seemed to really trigger the start of what some are calling the fourth industrial revolution. ChatGPT took the internet by storm, and consumers were floored by the chatbot's capabilities, including its human-like conversational skills and its ability to generate content and images. ChatGPT caught on like wildfire and quickly became the fastest-growing consumer app of ...

Core Viewpoint - The article discusses the evolution of Chinese consumer electronics from a phase of following global leaders to a phase of leading and defining new product categories, particularly in the context of AI and emerging technologies [5][14][36]. Group 1: Transition Phases in Chinese Consumer Electronics - The evolution of Chinese consumer electronics can be categorized into three phases: following, catching up, and leading. The "following" phase involved benchmarking against leaders and offering high cost-performance products, while the "catching up" phase focused on single-point innovations and high-end breakthroughs [10][12]. - The leading phase is characterized by a reconstruction of product paradigms and the discovery of new usage scenarios, with the expectation that 2025 will mark the year when China leads in smart cleaning technology [14][19]. Group 2: New Product Categories and Innovations - The article highlights the emergence of two new product categories: Ambient AI terminals and personal AI supercomputing centers. Ambient AI terminals focus on passive interaction and context establishment, while personal AI supercomputing centers emphasize offline intelligence and privacy protection [21][25]. - OpenAI's upcoming AI hardware is expected to fill specific gaps rather than replace smartphones, aligning with the identified market needs [25]. Group 3: Factors for Successful Category Definition - The ability to define product categories is broken down into five dimensions: trend recognition, scene selection, technology integration, experience closure, and scalability. Chinese companies have made significant progress in these areas, particularly in understanding overseas markets [27][29]. - The article emphasizes the importance of deeply understanding the lifestyles and values of different generations, such as Gen Z and Alpha, to successfully define and market new products [29][32]. Group 4: Historical Context and Future Outlook - The historical context of Chinese companies' evolution in consumer electronics is discussed, noting that past successes were often built on following established leaders. The current environment presents a "definer's dividend," where Chinese companies are positioned to lead in new categories [35][36]. - The article concludes with a call for entrepreneurs to strive for category definition, suggesting that the process of naming and defining new products is collaborative and iterative [42][43].