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Tensions were running high on both sides of the Israel-Lebanon border on Monday in anticipation of an escalation in hostilities, after Israel’s security cabinet authorized its leaders to decide on the nature and timing of an Israeli military response to a deadly rocket attack from Lebanon last weekend. The Israeli military said overnight that its aerial defense systems successfully intercepted an unmanned aircraft that crossed from Lebanon into northwestern Israel. The Israeli military did not immediately comment on those attacks. Hezbollah has denied responsibility for the rocket attack Saturday that struck a soccer field in Majdal Shams. But the Israeli military said the type of rocket used in the attack is Iranian-made and carries more than 50 kilograms (110 pounds) of explosives.

Persons: Majdal Shams, Benjamin Netanyahu, Yoav Gallant, Antony J, Blinken, Isaac Herzog, “, Matthew Miller, Adrienne Watson, Gallant, ”, Mohamed Awada, Hwaida Saad, Edward Wong, Gabby Sobelman, Myra Noveck Organizations: Hezbollah, Israel’s, United, State Department, U.S . National Security Council, Lufthansa Group, East Airlines, Lebanon’s Locations: Lebanon, Majdal, Golan, Israel, Iran, United States, Gaza, Tokyo, Majdal Shams, Iranian, Beirut’s, Beirut, Jerusalem

☆ Rapid renewable energy growth leads FBI to warn hackers will hit new, vulnerable power supply
▼ + stars: | 2024-07-29 | by ( Michelle Castillo | ) www.cnbc.com time to read: +6 min

Government incentives, including the Inflation Reduction Act, have encouraged individuals and private ownership groups to invest in clean energy systems. The renewable energy industry's rapid expansion in the U.S. in some cases is occurring without traditional utility protocols and regulations. The boom in renewable energy has also led manufacturers of products and services to ramp up their offerings. Inverters connected to the internet, in particular, could be controlled by hackers to reduce output or overheat home energy systems. Other major players in the U.S. utilities and renewable energy sector, including Next Era Energy, Constellation, Enphase Energy, First Solar and Sunrun, did not respond to requests for comment.

Persons: Jim Hempstead, SEIA, Bheshaj Krishnappa, Freddie Mac, Moody's, Jim Guinn Organizations: FBI, U.S . Energy Information Administration, Metropolitan Washington Council, Governments, Department of Defense, U.S ., Solar Energy Industries Association, Department of Energy Solar Energy Technologies Office, Constellation Energy, Corporation, cybersecurity, Cybersecurity, GE Vernova, Constellation, Enphase Energy Locations: U.S, California , Utah, Wyoming, United States, China, Russia, Iran, cyberattacks

☆ Olympic athletes are roasting the Olympic Village accommodations on TikTok: 'The bed sucks'
▼ + stars: | 2024-07-29 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +7 min

Read previewSome young Olympic athletes are roasting the accommodations at the Olympic Village on TikTok, raising issues with the food, uncomfortable beds, lack of privacy, and limited shared spaces. 'The bed sucks'The Olympic Village was first established in 1924 to bring together thousands of world-class athletes under one roof. Rooms at the Olympic Village feature cardboard beds which were made as part of the organizers' sustainability efforts. Advertisement'Need a Chipotle bowl ASAP'The food at the Paris Olympic Village has also been the subject of athlete complaints. IOC President Thomas Bach tries food from a salad bar while touring the Olympic Village ahead of the start of the Paris 2024 Olympic Games.

Persons: —, Coco Gauff, Celia Dupre, Mike Egerton, Simone Biles, Katherine Holmes, Dupre, Laurent Michaud, " Dupre, Chari, Hawkins, I'm, Thomas Bach, David Goldman, I've, Lloyd Lee, lloydlee@businessinsider.com Organizations: Service, Olympic, Business, London Olympics, Rio, Paris, Getty Images, Washington Post, Associated Press, St, Olympic Games Locations: TikTok, Paris, Swiss, Tokyo, Kitts, Nevis, Caribbean

☆ The US and Japan struck a deal to make more missiles for Patriots, which have proved crucial in Ukraine
▼ + stars: | 2024-07-29 | by ( Hannah Abraham | ) www.businessinsider.com time to read: +1 min

The US and Japan on Monday announced a deal to expand Patriot missiles. Patriot systems have proven effective in Ukraine, countering many Russian air strikes. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThe US and Japan agreed to expand production of the Patriot missile systems, putting the spotlight again on a weapon in the ascendancy. The US-made Patriot missile systems have exceeded expectations in Ukraine, where they have formed a crucial part of Ukrainian air defense.

Persons: — Organizations: Monday, Service, Patriot, Business Locations: Japan, Ukraine, Ukrainian

☆ How 5G technology is helping curb carbon emissions and waste at the Paris Games
▼ + stars: | 2024-07-29 | by ( Chris Stokel-Walker | ) www.businessinsider.com time to read: +6 min

Installing and using 5G technology could help minimize the Olympics' environmental impacts. Sustainability initiatives also extend to the 5G technology powering the Olympic Games. Orange, the telecommunications provider for the Paris Games, has set itself the goal of limiting its carbon emissions to 10,000 metric tons of carbon dioxide. Environmentally friendly technology that can support more fansThough 5G systems require infrastructure installation, their technology is more sustainable than older connectivity systems like analog distributed antenna systems, Swank said. Recycling 5G equipment for more sustainabilityTo work toward its carbon-emissions goal for the Paris Games, Orange decreased its equipment manufacturing and infrastructure-deployment footprint.

Persons: —, Kevin Swank, Swank, CommScope, Kelvin Chaffer, Chaffer Organizations: Service, Games, Janeiro Games, Social Sciences, Paris Games, Olympic Games, T, Dallas Cowboys, Paris Olympics, Software Locations: Rio, France, Germany, Arlington , Texas, Orange

☆ Artificial Intelligence Gives Weather Forecasters a New Edge
▼ + stars: | 2024-07-29 | by ( William J. Broad | ) www.nytimes.com time to read: +13 min

Artificial Intelligence Gives Weather Forecasters a New Edge The brainy machines are predicting global weather patterns with new speed and precision, doing in minutes and seconds what once took hours. GraphCast GraphCast Miss. specialist at the European Center for Medium-Range Weather Forecasts, the agency that got upstaged on its Beryl forecast. Even so, reliable weather forecasts turn out to be extraordinarily hard to achieve. As a result, weather forecasts can fail after a few days, and sometimes after a few hours.

Persons: Hurricane Beryl, GraphCast, Beryl MEXICO, Hurricane Beryl Miss ., William B, Davis, ”, Matthew Chantry, Christopher S, Amy McGovern, Dr, McGovern, “, Brandon Bell, Maria Molina, Bretherton, Sir Richard Friend, Rémi Lam, GraphCast’s, Lam, . Lam, Beryl, Hurricane Lee, DeepMind’s GraphCast, . Chantry, Chantry, Paul G, Allen, ‘, we’ve, Molina, Jamie Rhome, Rhome, Mr, There’s Organizations: A.I, Beryl MEXICO CUBA European, JAMAICA European, Beryl MEXICO CUBA JAMAICA Hurricane, National Hurricane Center, Hurricane, NOAA, European Press Agency, Google, European Center, University of Washington, University of Oklahoma, University of Maryland, Royal Academy of Engineering, Cambridge University, Getty, Nvidia, Huawei, Fudan University, Allen Institute for A.I, Microsoft Locations: Va . Ky, N.C, Okla, ., Ala . Texas, Texas, Fla, Va, Kan, Mo, Ky, Beryl MEXICO CUBA, VENEZUELA COLOMBIA, Tenn, Okla ., Beryl MEXICO CUBA JAMAICA, Caribbean, Mexico, Houston, London, DeepMind, Land , Texas, A.I, Freeport , Texas, England, Canada, Nova Scotia, China, Corpus Christi , Texas, Miami

☆ Multi-agent systems are the next big thing in AI. Here's why VCs at NEA, Mayfield Fund, and Foundation Capital are excited.
▼ + stars: | 2024-07-29 | by ( Sri Muppidi | ) www.businessinsider.com time to read: +6 min

Startups are building AI agents that collaborate to fill out forms, dial customer service reps, and order food delivery. These "multi-agent systems" are the next hot thing, according to investors from NEA, Mayfield Fund, and Foundation Capital. Multi-agent systems are distributed systems of multiple specialized AI agents that work together toward a collective goal. AdvertisementIn contrast, multi-agent systems are built on top of LLMs and are designed to execute a task from start to finish. AdvertisementMayfield Fund's Navin Chaddha is optimistic — AI agents will serve as teammates to workers.

Persons: —, Spike Jonze's, that's, OpenAI's, NEA's Madison Faulkner, Devin, Warren Hui, Nitta, Satya Nitta, Ashpreet Bedi, Faulkner, Mayfield Fund's Navin Chaddha, …, It's Organizations: Service, NEA, Mayfield Fund, Foundation Capital, Business, Soul Ventures, Nvidia Locations: Italy, PitchBook, Japan

☆ Apple says its AI models were trained on Google's custom chips
▼ + stars: | 2024-07-29 | by ( Kif Leswing | ) www.cnbc.com time to read: +2 min

Apple said on Monday that the artificial intelligence models underpinning Apple Intelligence, its AI system, were pretrained on processors designed by Google, a sign that Big Tech companies are looking for alternatives to Nvidia when it comes to the training of cutting-edge AI. Apple's choice of Google's homegrown Tensor Processing Unit (TPU) for training was detailed in a technical paper just published by the company. Separately, Apple released a preview version of Apple Intelligence for some devices on Monday. Apple doesn't name Google or Nvidia in its 47-page paper, but did note its Apple Foundation Model (AFM) and AFM server are trained on "Cloud TPU clusters." "This system allows us to train the AFM models efficiently and scalably, including AFM-on-device, AFM-server, and larger models," Apple said in the paper.

Persons: Apple, they've, Mark Zuckerberg, Sundar Pichai, Zuckerberg, Emily Chang Organizations: Apple Intelligence, Google, Big Tech, Nvidia, Microsoft, Meta, Oracle, Apple Foundation, Apple

☆ Long-term exposure to wildfire smoke linked to increased risk of dementia diagnosis, new study finds
▼ + stars: | 2024-07-29 | by ( Maya Davis | ) edition.cnn.com time to read: +6 min

The researchers measured the impact of PM2.5 - air pollution particles that are 2.5 microns or smaller in diameter – from wildfire smoke as well as other sources, such as motor vehicles and factories. The research also indicates that associations between wildfire smoke and dementia diagnoses are most pronounced among people from racially and ethnically minoritized groups and in high-poverty areas. What you can doIndividuals can protect themselves from air pollution, including wildfire smoke, by staying indoors on poor air quality days. Home air filtration systems, including box fan air circulation, can also significantly improve indoor air quality, she said. “Our paper underscores that [wildfire smoke] is potentially an important one for individual patients and their providers who are who are curious what steps they can take.”

Persons: ”, Holly Elser, Maria Carrillo, they’ll, ” Elser, Dr, Sanjay Gupta, Carillo, there’s Organizations: CNN, International Conference, University of Pennsylvania, Alzheimer’s Association, Western, Get CNN, CNN Health Locations: Southern California, California, Canada, Greece, Western United States, Hawaii

☆ As F-16s Arrive, Ukraine Still Faces Steep Challenges in the Skies
▼ + stars: | 2024-07-28 | by ( Marc Santora | Eric Schmitt | ) www.nytimes.com time to read: +1 min

The surveillance drone appeared high above the Ukrainian air base without warning in early July. Minutes after it relayed targeting data back to a Russian base, a barrage of ballistic missiles struck the airfield, Ukrainian officials said, recounting the episode. “Now they’re hitting the air base with the rockets all the time,” Ms. Minenko said. Russia has been saturating the skies over Ukraine with surveillance drones, exploiting gaps in air-defense systems, to launch increasingly sophisticated attacks on Ukrainian positions. Ukraine’s strategy was to counter Russia in the air war with the aid of long-coveted F-16 fighter jets from the West that it says it will deploy this summer.

Persons: ”, Valeria Minenko, ” Ms, Minenko Locations: Russian, Myrhorod, Ukraine, Russia

☆ Putin says decision to deploy US long-range missiles in Germany is “reminiscent” of Cold War
▼ + stars: | 2024-07-28 | by ( Darya Tarasova | Benjamin Brown | ) edition.cnn.com time to read: +2 min

CNN —Russian President Vladimir Putin has said that the United States’ and Germany’s decision to deploy US long-range missiles in Germany from 2026 is “reminiscent of the events of the Cold War” and could see Russia station similar missiles in response. Putin said that the US and Germany’s decision to begin “episodic deployments” of the long-range missile capabilities from its Multi-Domain Task Force in Germany starting in 2026 would put Russian infrastructure within the reach of the to-be-deployed missiles. “This situation is reminiscent of the events of the Cold War related to the deployment of Pershing medium-range missiles in Europe,” he said. Pershing II missiles, designed to deliver nuclear warheads, were deployed by the US Army at American bases in West Germany from 1983 to the alarm of the then Soviet leadership. They were withdrawn with the introduction of the Intermediate-Range Nuclear Forces Treaty (INF) in 1988.

Persons: Vladimir Putin, ”, Putin, Pershing, Sergei Ryabkov, “, Moscow, DJ Judd Organizations: CNN, Navy, Domain, Force, Pershing, US Army, Soviet, Nuclear Forces Treaty, SM, ” Locations: United States, Germany, Russia, America, St . Petersburg, Europe, West Germany, ”, ” Russia, “ Russia

☆ Why do women’s haircuts cost more than men’s?
▼ + stars: | 2024-07-27 | by ( Anna Cooban | ) edition.cnn.com time to read: +7 min

Last year, the average cost for a standard women’s haircut was $51.71 compared with $34.56 for a men’s haircut across the United States, according to transaction data provided exclusively to CNN by Square, a payment systems provider. A man gets his hair cut in a barber shop in Colchester, United Kingdom. That report found the average cost of a women’s haircut ranging between $45 and $75 across the country, while men’s toggled between $25 and $50, though it did not specify whether the typical women’s haircut included extra services such as a blow dry. “When you go to cosmetology school to become a hair stylist, you learn to how to cut hair,” they told CNN. Goldie x Bob is one such hair salon that, five years ago, threw out its gender-based price list.

Persons: London CNN —, YouGov, ” Matthew Smith, Carl Court, Fred Jones, I’m, ”, Jones, “, Tara Farmer, ” Farmer, Raychel Brightman, Newsday, Caroline Larissey, ” Larissey, ‘, Kristin Rankin, Rankin, ” Rankin, Goldie, Bob, Liz Burns, Ashlie, Burns Organizations: London CNN, CNN, Square, Professional Beauty Federation of California, Getty, & Beauty Federation, “ Locations: United States, South Dakota, Colchester, United Kingdom, West Babylon , New York, New York City, Denver, Ashlie Heath

☆ NASA says it can ask SpaceX to bring Boeing astronauts home if needed, as they reach 51 days on the space station
▼ + stars: | 2024-07-27 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +5 min

He was referring to the Boeing Starliner and SpaceX's Crew Dragon. AdvertisementSpaceX got astronauts to space a lot faster than BoeingA Crew Dragon approaches the International Space Station with astronauts on board. AdvertisementBoeing's Starliner spaceship, which Williams and Wilmore flew on, docked at the space station 262 miles above Egypt. As of Friday, the astronauts and their spaceship had been on the station for 51 days. Engineers have been replicating the thruster issues that developed while Williams' and Wilmore's ship was on its way to the space station.

Persons: —, Suni Williams, Butch Wilmore, Steve Stich, " Stich, Elon Musk, Williams, FREDERIC J . BROWN, Starliner, Mark Nappi, Nappi, Wilmore, we're, hasn't, Stitch, haven't, Butch, Suni Organizations: Service, Space Station, SpaceX, Business, Boeing, NASA, Program, Getty, NASA NASA, Engineers Locations: AFP, Egypt, New Mexico

☆ Ukrainian man plugged his whole house into a Tesla parked in his yard as locals find novel ways to battle rolling blackouts, report says
▼ + stars: | 2024-07-27 | by ( Cameron Manley | ) www.businessinsider.com time to read: +1 min

Ukrainians are turning to Teslas to power their homes amid rolling blackouts. Some are repurposing old Tesla batteries, while others have gone even further. It comes as the country adapts to rolling blackouts caused by Russian targeting of the energy grid. One Ukrainian businessman who is repurposing Tesla batteries told the FT that one Tesla could be used to make up to 12 battery systems. "An old Tesla, including the cost of delivery, will be nearly $10,000.

Persons: —, Tesla, Oleksandr Bentsa Organizations: Service, Financial Times, Business Locations: Ukrainian, Ukraine

☆ RIMPAC: US Air Force B-2 bomber used in exercise to sink surface ship with low-cost bomb
▼ + stars: | 2024-07-27 | by ( Brad Lendon | ) edition.cnn.com time to read: +9 min

Earlier this month, the US and allies practiced taking out a large surface ship with long-range weapons, including, for the first time, a US Air Force B-2 bomber. It showed the US military can use one of its most survivable weapons platforms, the B-2 Spirit stealth bomber, to sink a major surface ship with a low-cost guided bomb. The Air Force says its stealthy characteristics allow it to penetrate heavily defended areas and also fly with a small chance of being detected by radar at high altitudes. Mating it up with relatively cheap and demonstrably effective precision-guided bombs with warheads of up to 2,000 pounds could give the Air Force bombers the “anti-ship lethality” of a submarine-launched torpedo without the liabilities of a submarine, according to a US Air Force website. The Air Force first tested QUICKSINK in 2022, when an F-15 fighter jet released a GBU-31 Joint Direct Attack Munition (JDAM) that destroyed a full-scale surface target in the Gulf of Mexico, according to an Air Force statement.

Persons: ”, Seleena Muhammad, QUICKSINK, Carl Schuster, ” Schuster, Jon Husman, Alessio Patalano, Mark Hammond, Australia’s, “, LSIS Daniel Goodman, USS Fitzgerald, John Wade, RIMPAC, John Bradford, ” Bradford, Zhongping Organizations: South Korea CNN, US Air Force, US, Air Force, Munitions, Royal Air Force, U.S . Air Force, Navy, Air Force Research, Liberation Army Navy, PLAN, US Pacific Command Joint Intelligence Center, U.S . Navy, King’s College, US Navy, Ship, 3rd Fleet, Royal Australian Navy, Naval, Australia, Royal Australian, Kongsberg Defence & Aerospace, US Navy destroyer, US Marine Corps, Task Force, Foreign Relations International Affairs, Times, PLA Navy, Global Times, ” Global Times Locations: Seoul, South Korea, Kauai, China, Tarawa, England, U.S, Gulf of Mexico, Pacific, Taiwan, Philippines, Japan, London, Oahu, Hawaii, Norwegian, USS Dubuque, ‘, Malaysia, Netherlands, China China, Asia, Taiwan Strait, South China

☆ Activist Trian has a few levers to pull to build shareholder value at Solventum
▼ + stars: | 2024-07-27 | by ( Kenneth Squire | ) www.cnbc.com time to read: +8 min

Business: Solventum , formerly known as 3M Health Care, is a global health-care company that was spun out from 3M on April 1 . As a standalone company, Solventum has been under-covered and misunderstood by the market. There is also no shortage of examples of Trian being a valuable corporate governance-oriented investor and creating tremendous shareholder value from the board level. While Trian has a history of being an active shareholder, the firm has also created tremendous shareholder value as an engaged director. Moreover, if there is an opportunity to divest one or more businesses, shareholders would have comfort with a financially astute shareholder representative on the board to evaluate competing offers to assure the maximization of shareholder value.

Persons: Trian, Nelson Peltz, Peltz, Solventum, Pepper, Ingersoll Rand's, Russell, Ken Squire Organizations: Health, 3M, What's, Bloomberg, Dental Solutions, Information Systems, Electric plc, Kraft Foods, Dow, General Electric, GE, GE HealthCare, GE HealthCare Technologies, 13D Locations: Solventum

☆ Despite Park Fire’s Rapid Spread, Some Residents Are Determined to Stay Put
▼ + stars: | 2024-07-27 | by ( Thomas Fuller | ) www.nytimes.com time to read: +1 min

As California’s biggest fire of the year raced toward his neighborhood and the police ordered residents to evacuate, Justin Freese decided he was going nowhere. Instead, he calmly unfurled his 300 feet of fire hose, readying his generators and surveyed the fire’s progress. “I live up here — I’ve gotta be prepared,” Mr. Freese, 40, said Friday, as he paced his property set amid the conifer forests a 20-minute drive outside the city of Chico. A tower of wildfire smoke — streaked orange, red and black — soared into the sky as the Park fire tore through the valley below. By Saturday morning, it had consumed more than 300,000 acres of land, making it the largest active fire in the country, and it was still zero percent contained.

Persons: Justin Freese, Freese, “, Mr Locations: Forest, Chico

☆ Russian soldiers are relying heavily on their personal cellphones to wage war in Ukraine even though it risks getting them killed
▼ + stars: | 2024-07-27 | by ( Jake Epstein | ) www.businessinsider.com time to read: +6 min

Former US military officers say this trend underscores a lack of secure military communication options or discipline and leaves Russian soldiers vulnerable to Ukrainian attacks. Russian military officers look at their smartphones while walking past the Kremlin in Moscow in April 2024. Ukrainian soldiers prepare a BM-21 artillery vehicle in its fighting position in the Donetsk region in July 2024. AdvertisementOne such incident occurred at the very end of 2022, when Ukraine launched a devastating precision strike against Russian troops gathered in Makiivka, in the eastern Donbas region. Related storiesUkraine's military intelligence agency, the HUR, regularly publishes audio of purported interceptions from calls made by Russian soldiers.

Persons: —, Dan Rice, Rice, Mark Cancian, Diego Herrera Carcedo, Cancian, HUR Organizations: Service, Former US, Business, State Duma, State, Defense, Institute for, Kremlin, US, American University Kyiv, US Marine Corps, Center for Strategic, International Studies, Getty, Russian, Kyiv, Ukrainian, Russian Defense Ministry, US Army, United Locations: Ukraine, Russian, Moscow, Donetsk, Anadolu, Makiivka, Russia, United States

☆ Anger Lingers Over Positive Doping Tests for Chinese Swimmers
▼ + stars: | 2024-07-26 | by ( Jenny Vrentas | Tariq Panja | ) www.nytimes.com time to read: +1 min

The days before the Olympic swimming competition are often a chance for the world’s best swimmers to share their hopes and expectations. This year, it was the latest chance to air their grievances. There was talk of Chinese doping, demands for transparency and simmering anger. Much of the latter was focused on disappointment and disillusionment with the global antidoping system, and the irritation was international. Chinese journalists complained of unfair scrutiny.

Persons: Caeleb Dressel Organizations: Paris, New York Times Locations: Australian, American

☆ Is 100 Days Enough Time to Pick a Leader? Around the World, Yes.
▼ + stars: | 2024-07-26 | by ( Josh Holder | Keith Collins | ) www.nytimes.com time to read: +4 min

Is 100 Days Enough Time to Pick a Leader? But in many other democracies, an official election period sets out when candidates can debate, make speeches and run political ads (often with strict spending limits). “We know from other countries that 100 days is plenty of time for a healthy campaign,” said Mr. Tama. “Most campaigns in different countries are in the range of a few weeks to several months.”Even in India, the largest democracy in the world, the official campaign only starts a little over a month before voting begins. And in India in 2014, Narendra Modi had six months after his party chose him as leader to wage his successful campaign for prime minister.

Persons: Kamala Harris, Mexico Claudia Sheinbaum, Philippines Ferdinand Marcos Jr, Justin Trudeau, Italy Giorgia Meloni, Brazil Luiz Inácio Lula da Silva, Anthony Albanese, France Emmanuel Macron, Indonesia Joko, Keir Starmer, India Narendra Modi, Korea Yoon Suk Yeol, Japan Fumio Kishida, Donald J, Trump, Jordan Tama, “, ”, Tama, Biden’s, Lyndon B, Johnson, Harris, Narendra Modi Organizations: Voters, American University, American, United, Electoral College, Labour, Conservative Locations: Mexico, Philippines, Italy, France, Indonesia, India, Korea, Japan, Canada, United States

☆ Robyn Grew: AI won’t be making decisions ‘anytime soon,’ says top hedge fund CEO
▼ + stars: | 2024-07-26 | by ( Anna Cooban | ) edition.cnn.com time to read: +2 min

London CNN —The head of one of the world’s biggest hedge funds says artificial intelligence systems are unlikely to replace traders anytime soon. London-based Man Group, whose assets under management hit an all-time high of $178.2 billion during the first six months of the year, makes its money by charging investors management and performance fees. “I don’t think of AI as making investment decisions anytime soon,” Grew said. In the interview with CNN, Grew said the era of rock-bottom interest rates that broadly defined the decade following the 2008 financial crisis had made way for a period of “volatility and dispersion” ushered in by the rise in inflation after the pandemic. In other words, traders navigating a volatile market can expect to make a greater range of — and possibly bigger — returns across various assets than during more stable times.

Persons: Robyn Grew, ” Grew, “, Grew Organizations: London CNN, CNN, Man Group, Surgeons, ”, London Stock Exchange Locations: London

☆ Samsung hints at new products as it bets on AI to drive upgrades to its latest foldable phones
▼ + stars: | 2024-07-26 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +6 min

Samsung unveiled a slew of new products including foldable smartphones, new smartwatches and the Galaxy Ring. "I believe strongly that these Galaxy AI, mobile AI are strong motivation and driver for purchase of new products," he added. Still, many analysts don't expect these early AI apps alone to drive new phones sales. So we're going to provide and enhance Samsung software and apps for consumers," Roh said. He said that the hardware components required for foldable smartphones are improving, as is the relevant software.

Persons: Roh, Arjun Kharpal, Bixby, we'll Organizations: Galaxy, Samsung, CNBC, Samsung Electronics, Galaxy AI, Apple Intelligence, Apple, Google, Korean Locations: Paris, France, U.S, China

☆ Ukraine's US-provided Bradley armored fighting vehicles are turning heads in tough battles against Russia
▼ + stars: | 2024-07-26 | by ( Tom Porter | ) www.businessinsider.com time to read: +8 min

Read previewIn a snowy landscape near Stepove in eastern Ukraine, Russian and Ukrainian armored vehicles went head-to-head in what appeared to be a mismatched fight. The Russian tank's turret starts spinning, and then the tank veers off course and crashes into a tree. Advertisement"So armored vehicles dash in, fulfill their combat mission, and then withdraw as fast as they can," said Gressel. Only weeks later, a Bradley took out two BTR-82 Russian armored troop carriers in the same region. AdvertisementParakilas, the RAND analyst, said that the Pentagon is modifying the Bradley vehicles to better defend them against the drone and air attacks that proved devastating against the western-supplied armored vehicles in summer 2023.

Persons: —, Vladimir Putin, Bradley, IFV, Gustav Gressel, Jacob Parakilas, Gressel, Scott Peterson, they've, Abrams Organizations: Service, 47th Mechanized Brigade Bradley, Business, Bradley, Ukraine, Russia, European Council, Foreign Relations, RAND Corporation, CNN, Washington Post, American, LB, Getty, RAND Locations: Stepove, Ukraine, Ukrainian, Russian, Russia, Zaporizhzhia, Baghdad, Adviikva

☆ Revi helps restaurants boost their customer revenue. Check out the 17-slide pitch deck it used to secure $14.5 million.
▼ + stars: | 2024-07-26 | by ( Riddhi Kanetkar | ) www.businessinsider.com time to read: +1 min

Revi has secured $14.5 million Series A led by Runa Ventures to expand its restaurant app. Check out the 17-slide pitch deck used to secure the fresh funding. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementSan Francisco-based Revi has secured a $14.5 million Series A in a round led by Runa Ventures. This story is available exclusively to Business Insider subscribers.

Persons: Revi, —, Eugene Johnson Organizations: Runa Ventures, Service, Business Locations: Francisco

☆ Lockheed Martin's new compact hypersonic missile enables America's stealth fighters to engage targets at Mach 5 speeds
▼ + stars: | 2024-07-26 | by ( Alex Hollings | Sandboxx News | ) www.businessinsider.com time to read: +12 min

Hypersonic missiles are weapons that are capable of achieving sustained speeds in excess of Mach 5 while maneuvering. It is a true hypersonic weapon that operates and maneuvers in a high-altitude hypersonic regime," Paul Sudlow from Lockheed Martin Missiles and Fire Control previously told Sandboxx News. AdvertisementAdding the Mako missile to America's stealth fightersA render of an F-35 equipped with Mako missiles. Designed in a 'digital engineering ecosystem'A render shows the Mako hypersonic missile in flight. Leon Neal/Getty ImagesOne of the biggest challenges facing the laundry list of hypersonic weapons in active development for the US military is cost.

Persons: —, Lockheed Martin, Mako, Paul Sudlow, Sudlow, Nano Calvo, Northrop Grumman, Rick Loy, Lockheed Martin's, Lockheed, Lockheed Martin Lockheed Martin, Leon Neal Organizations: Service, Mako, Lockheed, US Air Force, US Navy, Business, Lockheed Martin Missiles, Control, Sandboxx, Air, Sandboxx News, EA, AIM, Air Force, Navy, Marine Corps, Getty, US Air, Northrop, Naval News, Visitors, Defense Department, Congressional Locations: Mako, Lockheed Martin Europe, London

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