Author: Colin Henderson
Progress in era of productivity
Today’s newsletter looks at who is really going to put the money forward for the possibly trillions of dollars of annual climate finance pledged at this summit. You can also read this story — and all of our COP29 coverage — for free at Bloomberg.com.
Over the next two weeks, nearly 200 countries participating in United Nations climate talks in Azerbaijan will negotiate a new, possibly multi-trillion-dollar annual finance goal to help the world’s poorest economies decarbonize and adapt to rising temperatures. But even though nations are doing the talking, much of the money isn’t going to be coming from governments. COP29’s Private Bank Accounts Countries are pledging money they don’t control Continue reading Today’s newsletter looks at who is really going to put the money forward for the possibly trillions of dollars of annual climate finance pledged at this summit. You can also read this story — and all of our COP29 coverage — for free at Bloomberg.com.
Election Live Updates: Trump Empowers Musk and Ramaswamy to Overhaul Federal Government
Among a blizzard of announcements on Tuesday, the president-elect said he had chosen Elon Musk and Vivek Ramaswamy, two of his most prominent wealthy backers, to lead what is being called the Department of Government Efficiency. Get notifications for updates on this story. Pinned Updated Nov. 12, 2024, 10:10 p.m. ET30 minutes ago Michael D. Shear and Eric Lipton Here are the latest developments. President-elect Donald J. Trump is turning to two of his most prominent wealthy backers, Elon Musk and Vivek Ramaswamy, to overhaul the federal government, saying on Tuesday that they would lead what he called the Department of Government Efficiency. Calling … Continue reading Election Live Updates: Trump Empowers Musk and Ramaswamy to Overhaul Federal Government
GFT Taps NVIDIA AI Enterprise and NVIDIA Omniverse Platforms to Deliver AI Solutions for Financial Services and Manufacturing
Collaboration leverages open-source models for AI-powered banking chatbots, automated factory operations and more November 12, 2024 09:00 AM Eastern Standard Time NEW YORK & MONTREAL–(BUSINESS WIRE)–GFT Technologies is collaborating with NVIDIA to bring advanced AI solutions to the financial services and manufacturing sectors. The collaboration will combine GFT’s deep expertise in digitalising global banks, financial institutions and manufacturers with NVIDIA’s AI software tools and accelerated computing platform for generative AI to drive a new level of innovation and efficiency in both industries. GFT will use the NVIDIA AI Enterprise software platform – which includes NVIDIA NIM microservices, NVIDIA Triton Inference Server, NVIDIA NeMo, and NIM Agent Blueprints – and the NVIDIA Omniverse platform to develop tailor-made … Continue reading GFT Taps NVIDIA AI Enterprise and NVIDIA Omniverse Platforms to Deliver AI Solutions for Financial Services and Manufacturing
Trump Picks John Ratcliffe, His Former Intelligence Director, for C.I.A. Chief
Mr. Ratcliffe, who was also a Texas congressman, fought fiercely for Donald Trump during his first term. By Michael D. Shear and Julian E. Barnes Reporting from Washington President-elect Donald J. Trump announced on Tuesday that his nominee to lead the C.I.A. would be John Ratcliffe, a former Texas congressman who served as the director of national intelligence during Mr. Trump’s first term. Mr. Trump called Mr. Ratcliffe a “warrior for Truth and Honesty with the American Public” on his social media account. As the national intelligence director, Mr. Ratcliffe served as the president’s chief adviser on intelligence issues. As a congressman, Mr. … Continue reading Trump Picks John Ratcliffe, His Former Intelligence Director, for C.I.A. Chief
Reference architectures can’t be created, they emerge.
https://www.18theses.com/ Government attempts to avoid pain and vendor lock-in upfront will fail in the most drawn-out ways possible. For any interesting class of problem (i.e. non-trivial innovation) it isn’t possible to deductively design a reference architecture. Instead you must build and let the architecture emerge. You maximize the chance of getting it right by having multiple competing companies and programs with interoperability requirements at inception. Government Reference Architectures are the 21st century equivalent of Robert McNamara’s notorious Total Package Procurement (TPP), which produced failures like the F-111 and C-5A. TPP fell into the trap of trying to eliminate uncertainty and … Continue reading Reference architectures can’t be created, they emerge.
Fukuyama is the Olivier Nomellini Senior Fellow at Stanford University’s Freeman Spogli Institute for International Studies. His books include The End of History and the Last Man, Our Posthuman Future, and 2022’s Liberalism and Its Discontents, among many others. Other writings can be found at American Purpose.
https://substack.com/@fasterplease/note/p-151381585?r=17ozn&utm_medium=ios&utm_source=notes-share-action Continue reading Fukuyama is the Olivier Nomellini Senior Fellow at Stanford University’s Freeman Spogli Institute for International Studies. His books include The End of History and the Last Man, Our Posthuman Future, and 2022’s Liberalism and Its Discontents, among many others. Other writings can be found at American Purpose.
Palantir Revenue Jumps as AI Drives Growth
AI Spending Surge Drives Palantir, DigitalOcean Gains This piece talks of the largest fear likes of Palantir is susceptible to, namely unsustainable growth. I see the opposite problem. GenAI is tinkering on the periphery. True growth requires companies take a holistic spectrum of people, process, technologies to achieve sustainable growth from AI through transformation and that is not achieved by incremental initiatives. Data analytics company Palantir Technologiesreported that its third-quarter revenue rose 30% year over year (YoY) as demand for AI tools fueled strong growth in its commercial business. The Denver-based company on Monday (Nov. 4) posted revenue of $726 million, compared with … Continue reading Palantir Revenue Jumps as AI Drives Growth
Palantir’s stock racks up new bearish call on its ‘unsustainable’ valuation
A Jefferies analyst thinks Palantir’s large base of retail-investor support ‘is a double-edged sword’ By Emily BaryFollow Published: Nov. 7, 2024 at 9:46 a.m. ET Palantir reported upbeat earnings earlier this week.PHOTO: PATRICK T. FALLON/AGENCE FRANCE-PRESSE/GETTY IMAGES Referenced Symbols Palantir Technologies Inc.’s stock has drawn a number of downgrades this year, with skeptics arguing that the enterprise-software name carries an expensive valuation. So far, that concern hasn’t dampened Palantir’s PLTR-1.94% stock momentum, however, with shares closing at a fresh record Wednesday, up 234% on the year to rank second in the S&P 500 SPX0.64% for the year. But Jefferies analyst Brent Thill is the latest analyst … Continue reading Palantir’s stock racks up new bearish call on its ‘unsustainable’ valuation
Anthropic and Palantir Partner to Bring Claude AI Models to AWS for U.S. Government Intelligence and Defense Operations
November 07, 2024 06:59 AM Eastern Standard Time DENVER–(BUSINESS WIRE)–Anthropic and Palantir Technologies Inc. (NYSE: PLTR) today announced a partnership with Amazon Web Services (AWS) to provide U.S. intelligence and defense agencies access to the Claude 3 and 3.5 family of models on AWS. This partnership allows for an integrated suite of technology to operationalize the use of Claude within Palantir’s AI Platform (AIP) while leveraging the security, agility, flexibility, and sustainability benefits provided by AWS. “We are excited to partner with Anthropic and Palantir and offer new generative AI capabilities that will drive innovation across the public sector. At … Continue reading Anthropic and Palantir Partner to Bring Claude AI Models to AWS for U.S. Government Intelligence and Defense Operations
Bankwatch 