According to $Alphabet(GOOG)$ official blog, the quantum computer powered by the Willow chip can perform a mathematical calculation in just 5 minutes, a task that would take a traditional supercomputer over a quintillion years—longer than the age of the universe itself!Upon hearing the news, even Elon Musk exclaimed "Wow!"图片OpenAI CEO Sam Altman also specially liked and shared the announcement, highlighting the significance of Willow's achievement.
$Microsoft(MSFT)$ is set to vote on December 10th on whether to invest in Bitcoin. Bitcoin super bull and founder-chairman Michael Saylor $MicroStrategy(MSTR)$ presented a strong case to the board for incorporating Bitcoin into its balance sheet, stating that if Bitcoin is fully embraced, Microsoft's market value could increase by $5 trillion.In a 3-minute presentation to Microsoft's board and CEO Satya Nadella, Saylor described Bitcoin as "the best performing non-correlated asset" on a company's books.He cited data showing how Bitcoin has outperformed Microsoft's stock by up to 10 times on average over the past four years.
Tesla would likely be excluded from new California EV tax credits, governor's office saysThe governor’s proposal for Zero Emissions Vehicle rebates, and any potential market cap, is subject to negotiation with the legislature. Any potential market cap would be intended to foster market competition, innovation and to support new market entrants," his office said.
$YZJ Shipbldg SGD(BS6.SI)$ has secured US$11.6 billion of order wins in the year to date.This exceeds its target of US$4.5 billion for the 2024 financial year, it noted in a quarterly business update on Thursday (Nov 7).The robust order wins were fuelled by strong demand for dual-fuel container ships, oil tankers and gas carriers, said the mainboard-listed company. The strong order book brings revenue visibility up to mid-2028, it added.
Terry Smith, the founder of Fundsmith, has expressed doubts about Nvidia's valuation, despite its popularity and strong stock performance. His skepticism stems from concerns about the future of artificial intelligence (AI) and whether enough consumers will be willing to pay high prices for AI products to justify the investment in AI infrastructure.Additionally, he points out that competition in the chip manufacturing sector is intensifying, with other major companies like Amazon, Microsoft, and Oracle already developing their own chips, potentially eroding Nvidia's market share. Smith also notes that $NVIDIA Corp(NVDA)$ significant competitors, such as AMD and Broadcom, are making strides in the AI chip market, which could pose further risks to Nv