Hey there 👋 Looking for answers? Silicon Valley has its own religion devoted to worshiping AI. They call themselves The Rationalists and are convinced they’re saving humanity from annihilation. It’s as if Hogwarts, MIT, and Burning Man had a secret love child right in the heart of Berkeley, surrounded by a who’s who of billionaires and philosophers, all buzzing with existential dread. Now AI doesn’t just want your jobs – it wants your soul.
🧠 Is “reasoning” AI just expensive hype? New studies show reasoning models burn up to 50x more compute power for only a 10% boost in accuracy. Ouch. But it’s not a total write-off. Predictive AI taps reasoning to forecast markets and consumer behavior, areas where tiny improvements translate into fat profits. Then there’s neurosymbolic, which blends pattern recognition with structured logic, powering things like medical diagnoses, self-driving cars, and robots. Pro tip: you don’t need to burn a rainforest worth of compute just to write a LinkedIn post.
👍 Wall Street says AI’s bull run is just getting warmed up. Analysts at Citi argue this isn’t another hype bubble. They point to solid earnings, juicy profit growth, increased productivity, and better valuations than most sectors. Today’s big winners are companies building AI, but soon the real money could flow to companies actually putting it to work. Numbers look great, as long as nobody checks who’s footing the bill.
👉 There’s another side to this story. Some experts see trouble brewing beneath all this growth. Big Tech is burning cash to build expensive data centers, shifting away from easy ad money to costly hardware and lower profits. Investors might not see that coming. Even riskier, much of this buildout is being financed by private credit. That means banks and insurers are pouring billions into this single, hyper-concentrated sector. What could possibly go wrong?
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🐒 Say hello to Darwin Monkey. Engineers in China just unveiled the world’s largest brain-like computer, powered by 2 billion artificial neurons, roughly matching a monkey’s brain. Built using advanced neuromorphic chips, it can reason, learn, solve problems, and even mimic vision and hearing. No word yet on whether it likes bananas.
fun stats
June quarterly revenue raked in by Palantir, as AI demand and US government contracts fuel massive growth. The data intel group is now valued higher than Salesforce, IBM and Cisco.
🥊 Next-gen fight club: Watching humanoid robots box is somehow addictive.