RT Tyler Winklevoss (@tyler)JPMorgan and the banksters are trying to kill fintech and crypto companies. They want to take away your right to access your banking data for FREE via-third party apps like @Plaid and instead charge you and fintechs exorbitant fees to access YOUR DATA. This will bankrupt fintechs that help you link your bank accounts to crypto companies like @Gemini, @coinbase, and @krakenfx so you can easily fund your account w/ fiat to buy bitcoin and crypto.As of today, the "Open Banking Rule" ...

Core Insights - Meta FAIR, Cambridge University, and MIT have introduced the All-atom Diffusion Transformer (ADiT), which breaks the modeling barrier between periodic and non-periodic systems, enabling the generation of molecules and crystals using a single model [1][3][5] - The ADiT framework shows significant potential in the field of atomic system 3D structure generation, which could revolutionize the reverse design of new molecules and materials [1][18] - Current diffusion models face challenges in cross-system generalization, as they often rely on specific system characteristics, leading to compatibility issues [1][2] Research Highlights - ADiT achieves a unified generative model for both periodic materials and non-periodic molecular systems [5] - The model simplifies the generation process with minimal inductive bias, enhancing training and inference efficiency compared to traditional models [3][5] - ADiT demonstrates remarkable scalability and efficiency, reducing the time to generate 10,000 samples from 2.5 hours to under 20 minutes on the same hardware [3][14] Experimental Data - The research utilized multiple representative datasets, including MP20 (45,231 metastable crystal structures), QM9 (130,000 stable organic molecules), GEOM-DRUGS (430,000 large organic molecules), and QMOF (14,000 metal-organic frameworks) [7][8] - ADiT's performance was evaluated against various baseline models, achieving state-of-the-art results in both crystal and molecular generation tasks [12][14] Model Architecture - ADiT is built on two core ideas: a unified potential representation for all-atom systems and the use of a Transformer for latent diffusion [9][10] - The first phase involves constructing an autoencoder for reconstruction, while the second phase utilizes a latent diffusion generative model to generate new samples [10][12] Performance Metrics - ADiT shows a predictable linear improvement in performance as model parameters scale up to 500 million, indicating a strong correlation between model size and performance [13] - In terms of efficiency, ADiT outperforms traditional models, achieving comparable results with significantly faster inference times [14][16] Industry Implications - The advancements in atomic system 3D structure generation modeling are being driven by both academic and corporate research, with notable contributions from institutions like UC Berkeley and companies like ByteDance [17][18] - The ongoing technological progress in this field is expected to play a crucial role in new material development and drug design, addressing global scientific challenges [18]

RT JoshWest247 ⚡️ (@JoshWest247)The Trans Labrador Highway has officially been conquered by the Adventure Plaid!First Tesla Model S Plaid and first car (gas or electric) with over 1000 hp to traverse the Trans Labrador Highway through the Canadian wilderness! 🇨🇦They said it couldn’t be done, yet here we are! ...

Core Insights - MANTL has integrated Plaid Layer to provide regional and community financial institutions with instant onboarding capabilities similar to leading neobanks, enhancing their competitive edge in the digital banking landscape [1][4][5] Group 1: Integration Benefits - The integration allows MANTL to reduce account opening times to one minute, significantly improving the onboarding experience for both consumers and businesses [2][6] - Financial institutions using Plaid Layer have reported up to a 25% increase in end-to-end conversion rates, demonstrating the effectiveness of the technology [6] - The streamlined onboarding process eliminates friction by collecting identity information and linking external accounts quickly, ensuring a secure and optimized experience [2][5] Group 2: Market Positioning - MANTL aims to empower regional and community banks to compete with larger institutions like Chase and Chime by providing access to advanced technologies [4][5] - Over 100 MANTL customers currently utilize Plaid solutions, achieving a 37% higher application booking rate, which underscores the positive impact of the integration [4][6] - MANTL's partnership with Plaid enhances its commitment to innovation and supports the growth of community financial institutions in a digital-first environment [3][4]

Core Viewpoint - The article discusses the critical role of rare earth elements in the automotive industry, particularly in electric vehicles, highlighting the supply chain vulnerabilities and the geopolitical implications of rare earth dependency, especially for countries like the United States and Japan [4][6][30]. Group 1: Supply Chain Vulnerabilities - Suzuki Motors announced a production halt for its Swift model due to delays in parts procurement caused by rare earth export controls [4]. - European and American automotive suppliers are also facing production challenges, with Ford pausing production of its Explorer model [5]. - Rare earth elements are essential for various components in electric vehicles, including motors, sensors, and other electronic parts, with China controlling a significant portion of the global supply [6][30]. Group 2: Historical Context and Current Trends - The article references a past crisis in 2010 when China reduced rare earth exports to Japan, leading to a dramatic price increase for rare earth oxides [7]. - Despite efforts by the U.S. and Japan to reduce dependency on Chinese rare earths over the past decade, the current situation mirrors past crises, with estimates suggesting it could take another 10 years to rebuild a complete supply chain [8]. - The demand for rare earths has surged with the rise of electric vehicles, with each vehicle typically using 1.5 to 3 kg of rare earth materials [21]. Group 3: Industry Dynamics - The U.S. once dominated rare earth production but has since lost its competitive edge, with China now accounting for 92% of global rare earth refining capacity [30]. - The processing of rare earths is more complex than extraction, with significant barriers in refining and purifying these materials, which are crucial for high-performance applications [27][28]. - Recent consolidations in China's rare earth industry have enhanced its scale and bargaining power, making it challenging for foreign companies to compete [34]. Group 4: Technological Developments and Alternatives - Tesla has been actively working to reduce its reliance on rare earths in its electric motors, aiming to develop a motor that does not use rare earth materials [39]. - The company has successfully reduced the amount of rare earth used in its Model 3 by 25% from 2017 to 2022 [40]. - Alternatives to rare earth magnets, such as ferrite magnets, exist but do not match the performance of neodymium-iron-boron magnets [45]. Group 5: Global Production Landscape - China produces over 300,000 tons of neodymium-iron-boron magnets annually, with most of this production consumed by the domestic electric vehicle market [50]. - Japan's domestic production of neodymium-iron-boron magnets is around 4,500 tons, with a self-sufficiency rate of 60%, but it still relies on Chinese raw materials [50]. - The article emphasizes the importance of the triangular relationship between rare earth mining, refining, and the electric vehicle industry, which has solidified China's position as both a producer and consumer of rare earths [49].

Core Viewpoint - The article discusses the critical role of rare earth elements in the automotive industry, particularly in electric vehicles, highlighting the supply chain vulnerabilities and the historical context of rare earth production and processing [3][4][5]. Group 1: Supply Chain Vulnerabilities - Suzuki Motors announced a production halt for its Swift model due to delays in parts procurement caused by rare earth export controls [3]. - European and American automotive suppliers are also facing production shutdowns, indicating a widespread impact on the industry [3]. - Rare earth elements are essential for various components in electric vehicles, including the main drive motor, which relies heavily on rare earth permanent magnets [4][10]. Group 2: Historical Context and Market Dynamics - China controls approximately 65% of global heavy rare earth mining and 88% of refining, making it a dominant player in the market [4]. - The previous rare earth crisis in 2010 led to significant price increases, with some rare earth oxides rising over five times in price [4]. - Despite efforts by countries like the US and Japan to reduce dependence on Chinese rare earths, rebuilding a complete supply chain is estimated to take another 10 years [5]. Group 3: Technical Aspects of Rare Earths - Neodymium, a rare earth element, is crucial for the performance of electric motors, with neodymium-iron-boron magnets being the most efficient [8][10]. - Electric vehicles typically use between 1.5 to 3 kg of rare earth materials, with neodymium-iron-boron magnets accounting for a significant portion of this usage [10]. - The addition of dysprosium or terbium is often necessary to enhance the heat resistance of neodymium-iron-boron magnets [11]. Group 4: Industry Structure and Competition - The US's only rare earth mine, Mountain Pass, has struggled to regain its former dominance due to the processing capabilities being concentrated in China [15][19]. - China's strategic policies have led to a focus on high-value-added products, while the US remains reliant on China for processing rare earth concentrates [16][18]. - The integration of the rare earth industry in China has resulted in significant scale advantages, making it difficult for foreign companies to compete [18][19]. Group 5: Future Outlook - Tesla's efforts to reduce reliance on rare earths in its electric motors reflect a broader industry trend towards seeking alternatives [22][23]. - The ongoing development of the rare earth supply chain in the US is hindered by the need for large-scale production capabilities, which are currently dominated by China [26][27]. - The relationship between rare earth mining, refining, and electric vehicle production is becoming increasingly critical as the demand for electric vehicles rises [26].

Core Viewpoint - The article discusses the critical role of rare earth elements, particularly neodymium, in the automotive industry, especially in electric vehicles, and highlights the supply chain challenges and geopolitical implications surrounding these materials [3][4][20]. Group 1: Supply Chain and Market Dynamics - Suzuki Motors announced production halts for its Swift model due to delays in parts procurement linked to rare earth export controls [3]. - European and American automotive suppliers are also facing production challenges, with Ford pausing its Explorer model production [3]. - Rare earth elements are essential for various components in electric vehicles, including motors, sensors, and other electronic parts [3][4]. Group 2: Historical Context and Current Crisis - China controls approximately 65% of global heavy rare earth mining and 88% of refining, leading to a supply crisis reminiscent of the semiconductor shortage [4]. - The previous rare earth crisis in 2010, triggered by geopolitical tensions, saw prices for certain rare earth oxides surge over five times [4][5]. - The U.S. Department of Energy estimates that rebuilding a complete rare earth supply chain will take about 10 years, indicating a recurring historical pattern [5]. Group 3: Technological and Material Insights - Neodymium is crucial for the performance of permanent magnet motors used in electric vehicles, with a typical electric vehicle using 1.5 to 3 kg of rare earth materials [17]. - The efficiency of permanent magnet motors can reach nearly 99%, largely due to the use of neodymium-iron-boron magnets [12][17]. - Tesla's Model 3 and Model S utilize neodymium for their electric motors, showcasing the importance of this rare earth element in achieving performance goals [7][9]. Group 4: Geopolitical Implications - CNN refers to rare earths as a "powerful card" for China, emphasizing the strategic importance of these materials in global automotive production [20]. - The U.S. once dominated rare earth production but has since lost its competitive edge, relying heavily on Chinese processing capabilities [20][27]. - The Mountain Pass mine in California, once a major supplier, has struggled to regain its former status due to processing challenges and market dynamics [24][35]. Group 5: Industry Consolidation and Future Outlook - China's rare earth industry has undergone significant consolidation, with major companies merging to enhance scale and bargaining power [31]. - The U.S. is attempting to revitalize its rare earth industry through initiatives like the acquisition of the Mountain Pass mine by MP Materials, aiming for vertical integration [34]. - Despite technological advancements, the U.S. still relies on China for processing rare earth materials, highlighting the ongoing challenges in establishing a self-sufficient supply chain [27][35].

Core Viewpoint - The launch of Xiaomi's YU7 electric vehicle marks a significant challenge to Tesla in the Chinese market, with impressive pre-sale figures indicating strong consumer interest and potential for market disruption [1][2][11]. Group 1: Product Launch and Performance - Xiaomi YU7 was officially launched on June 26, with three configurations priced between 253,500 to 329,900 RMB, quickly becoming a trending topic [1]. - The pre-sale saw over 200,000 units reserved within 3 minutes and over 280,000 in one hour, indicating a strong demand [1]. - Xiaomi's previous model, SU7, achieved cumulative sales of over 250,000 units within 15 months, with an average monthly sales of 25,000 units in the first five months of 2023 [1]. Group 2: Competitive Landscape - The YU7 is positioned to compete directly with Tesla's Model Y, which has been a dominant player in the electric vehicle market [1][11]. - Analysts predict that the sales ratio of SU7 to YU7 will be 1:2, with YU7 expected to become the top-selling model in its price range and among pure electric vehicles [1]. Group 3: Technological Advancements - Xiaomi is leveraging advanced technology in its vehicles, such as a high-capacity battery in the YU7 Max version, which has a capacity of 101.7 kWh and can charge from 10% to 80% in just 12 minutes [7]. - The SU7 Ultra features an NVIDIA Thor chip, providing 40% more computing power than Tesla's HW4.0, enhancing its autonomous driving capabilities [8]. Group 4: Ecosystem Integration - Xiaomi is building a comprehensive ecosystem that integrates smart home devices with its vehicles, allowing users to control 78% of their smart home devices through the car's interface [9]. - The synergy between vehicle data and smart home devices creates a unique ecosystem that enhances user experience and operational efficiency [9][10]. Group 5: Market Outlook - Predictions indicate that Xiaomi's vehicle deliveries could reach 848,000 units by 2026, with YU7 accounting for 360,000 units, positioning Xiaomi as a formidable competitor to Tesla [11]. - Analysts forecast that Xiaomi's revenue could exceed 1 trillion RMB by 2030, driven by its integration of smartphones, electric vehicles, and AIoT [11].

New Model 𝕏 Plaid https://t.co/qs51XnAEeeTesla Owners Silicon Valley (@teslaownersSV):Dope or nope? https://t.co/em9L4NmLbN ...

Core Viewpoint - A Tesla Model 3 owner has filed a lawsuit against Tesla due to the inability to use the Full Self-Driving (FSD) service, raising significant public concern about consumer rights and corporate transparency in the automotive industry [2][4]. Group 1: Incident Overview - In 2021, the owner purchased a Tesla Model 3 and added the FSD service for 64,000 yuan, based on assurances from Tesla sales personnel that the service would be available in China after software updates [3]. - By February 2025, Tesla announced that FSD was enabled in China, but the owner's Model 3 did not receive the necessary software update due to hardware limitations (HW3.0 system) [3]. Group 2: Consumer Allegations - The owner accuses Tesla of misleading consumers by not clearly stating that the Model 3 hardware could not support the FSD service at the time of purchase [4]. - The promotional materials for FSD were criticized for being overly optimistic, failing to adequately inform consumers about potential hardware limitations [4]. Group 3: Consumer Demands - The owner demands a refund for the FSD service or a transfer of the service to her newly purchased Model S Plaid, which does not have FSD [5]. - Tesla's proposed solution only allows for the transfer of FSD service if a new vehicle is ordered within a specific timeframe, which does not meet the owner's needs [5].