We're nearing the end of the line on Iran. The Rial had another big fall yesterday. Iran exported 80 million barrels of oil in the 4 weeks before the blockade was reimposed on July 14. That cash is now depleted. The blockade and US sanctions are working...
https://t.co/sqEjdJEjDx
This is insane.
Oil exports from the Persian Gulf are almost back to pre-war levels.
Meanwhile, Iranian exports have literally hit zero.
Blockading Iran’s blockade actually worked.
Iran can’t stand this for much longer.
Claude has discovered a previously unknown enzyme system hidden in the DNA of bacteriophages. Beside the enzyme’s gene sits a long array of repeating DNA—a structure that looks somewhat similar to CRISPR.
We don’t yet understand what this system does, but only a handful of known systems share its features, and all of them are able to cut, copy, and paste DNA. Historically, the discovery of such programmable systems has helped revolutionize medicine. CRISPR, for instance, is now the foundation of genetic medicines. But it will take much more work to learn what this system does, and whether it can be put to similar use.
Read more: https://t.co/RuEosScSMb
Toyota Group will invest $6.42 billion annually from 2028 to deploy 400,000 robots, including AI humanoids that learn from master craftsmen. https://t.co/54ikJPiCss
Far too many people are worried about super HIGH intelligence destroying humanity, when we should be worried about super LOW intelligence destroying humanity.
The US buys crude at $104. China pays $134.
Shanghai crude just settled at a record 900.7 yuan a barrel. WTI: $104.52.
What matters? The gap was $5 in 2024. It was $18 in March. It is $30 today.
China has lost the free and heavily discounted oil from Venezuela and Iran and is paying record premiums for alternatives.
Data: Bloomberg, Shanghai International Energy Exchange.
After co-inventing ChatGPT, I kept asking myself: why have superhuman chat models not led to AGI?
I’ve spent the last 2 years in stealth building a new way to train models (RLCD), and a new type of frontier AI model that we are releasing today: Jev
• 20-200x faster
• 40-400x cheaper (w/ output tokens free)
• Frontier composable intelligence optimized for decisions
AFAICT the shortest path to AI-based economic revolution
$ELMT is the big winner: $450M vs $600M MCap.
$EQR gets 10% and off-take security for almost nothing (ore sorting tech help). Slight positive.
Unless... they get Western floors for the off-take? Wasn't this the big talk some weeks ago...
Anthropic and OpenAI delaying their IPO, because their S-1 will reveal that they are bleeding money, and have no path to profitability.
Solution? "AI slowdown", so they cut costs for training new models.
It has everything to do with IPO, and nothing to do with safety.
We Must Pace the Frontier: I’ve written a new essay on why the AI industry should slow down, with a three-part plan for doing so.
Anthropic is unilaterally committing to the first of these steps. We’ll provide third-party evaluators with permanent, employee-level access to our systems, so that they can verify adherence to our safety measures, report on incidents, and assess models’ alignment during training.
You can read the full post here: https://t.co/OGyPb7yaYt