scorpiopd

Winning Horses 🐎 don’t come to the gates -Dan zanger

[Congress @INCIndia]

My friend!! Great Harassment!! 🤣

[Figure @Figure_robot]

Today we’re releasing Helix 2.5

We rented 30 homes in the Bay Area. The robots arrived with no additional training and started doing useful work

[BitRobot 🦾 @BitRobotNetwork]

1/ Better robot models come from better data.

That takes two things: hardware that captures it fully, and tooling that turns it into training signal.

We built the first. Today, @GroundedSI launches the second: Grounded API. Access both hardware + API ↓

[Polymarket @Polymarket]

JUST IN: Multiple world leaders have reportedly fallen ill, after attending BRICS summit in India.

[Nithin Kamath @Nithin0dha]

I think MDR on UPI was probably inevitable at some point, especially given how widespread UPI adoption has become. It could also lead to more competition, instead of just three apps accounting for more than 95% of the market.

That being said, there are some use cases, like investing and broking, where the proposed MDR structure doesn’t really make sense.

The problem with broking is that there is no guarantee that money transferred to a broker will actually result in a transaction.

As brokers, we can’t force a customer to trade after transferring money. And if we can’t pass the UPI charge on to the customer, there is essentially no limit to the cost a customer can impose on a broker without generating any revenue.

Just as an example, 10,000 customers could each make 50 UPI transfers of ₹2 lakh in a month without executing a single trade. At the proposed MDR, this could potentially cost the broker around ₹2 crore, without generating any business.

What makes this even more challenging is quarterly settlement (QS). This is a SEBI regulation that requires brokers to send unused funds back to clients every month or quarter.
Most customers then transfer these funds back to their broking accounts, with more than half of these transfers happening through UPI. So regulation essentially forces this movement of money every month or quarter, and the broker could end up bearing the cost when the money comes back, without any incremental benefit or revenue.

By the way, we currently don’t charge brokerage on equity delivery trades because the economics allow us to offer them for free. But if every UPI transfer starts carrying an additional cost, irrespective of whether the customer actually trades, I don’t see how we can absorb this indefinitely.

I think having an MDR is okay. It still doesn’t solve the problem of customers transferring money without transacting, but something like 0.02% with a cap of ₹5 or ₹10 per transaction seems much more reasonable for broking, instead of a cap as high as ₹300.

[Congress @INCIndia]

नरेंद्र मोदी जनता से वसूली का नया प्लान लाए हैं। अब ₹2,000 से ऊपर के UPI पेमेंट पर सरकार वसूली करेगी।

प्लान है कि ₹2,000 से ऊपर के हर UPI पेमेंट पर 0.5% चार्ज वसूला जाए, मतलब -

• अगर आपने ₹5,000 की खरीदारी की तो ₹25 का चार्ज लगेगा
• अगर ₹10,000 की खरीदारी की तो ₹50 वसूला जाएगा

पहले UPI पेमेंट पूरी तरह फ्री था, लेकिन नरेंद्र मोदी से ये देखा नहीं गया और यहां भी वसूली का खेल शुरू कर दिया।

मोदी का फंडा साफ है - जितना हो सके जनता को लूट लो और अपने मित्र की तिजोरी भरो।

ये सरकार जनता की सरकार नहीं है, ये चंद उद्योगपतियों की सरकार है और नरेंद्र मोदी उनके एजेंट।

[Sreeram Ramdas, CFA @SreeramRamdas]

To hell with Make in India. @cbic_india

307 kg single shipment of high-value leather goods, manufactured by us for one of the largest financial institutions in the world, was held at Kolkata customs for physical inspection.

They physically opened 5 of the 17 cartons to "inspect".

And this is not a one-time instance. I am certain this continues to happen with many exporters. Chemicals, pharma, textiles, etc. Please, please comment if you've been/going through this tunnel as well.

Ours, after all, are simple leather goods. Can Indian customs assure that none of these goods was retained during this "inspection"?

I bring USD to India. Through back-to-back e-commerce orders and customised high-value shipments. We aspire to compete with Montblanc and Cartier. How do we do that when our consignments are held up for days at Indian customs during exports (even barring this particular 307 kg shipment)?

I am happy to share the SB no. with the relevant authorities.

[Jacob Coxon @hilbertspaess]

I resigned from Anthropic today. I spent the last three years doing pretraining research at both OpenAI and Anthropic. Neither company is acting responsibly. They are racing straight to self-improving superintelligence and gambling with our lives. More thoughts below.

[Bloomberg @business]

The 2026 World Humanoid Robot Games have begun. 666 teams from around the world are competing with more than 2,000 humanoid robots https://t.co/8GwBuNnNn1 https://t.co/KMF1kkBiI6

[Congress @INCIndia]

Under Modi 👇

[Anthropic @AnthropicAI]

Many drugs work by binding to a specific target in the body and blocking or changing what it does. An important first step in the drug development process is designing a molecule that can bind tightly to its target. Traditionally, that's meant weeks or months of expert work per target, sifting through a large number of candidates to identify the few that work.

We wanted to test if Claude could successfully design novel protein binders from scratch (also called de novo design). With a protein design prompt written by a human expert, Claude autonomously designed protein binders against 14 out of 15 targets.

We then worked with Adaptyv Bio and Twist Bioscience, who independently built and tested the proteins Claude designed.

[Common Man/ Brigadier Pratap @sunnysi57926548]

@TRAI What are you doing for controlling Price hike by telecom operators?

[Babugiri @IASBabugiri01]

Totally not surpirsed

[Muthukrishnan Dhandapani @dmuthuk]

Very interesting data comparing growth in GDP per capita of India and China for the last 6 decades.

[Abhijeet Dipke @abhijeet_dipke]

Deal?

[Abhijeet Dipke @abhijeet_dipke]

Boston University published an article about me for being their alumnus.

Why doesn’t DU proudly celebrate Modi as their alumnus? He is, after all, the Prime Minister of India.

Shouldn’t they be flexing about it instead of trying to hide his degree?

https://t.co/Gvzj6mBZap

[Vivek Raju @vivekraju93]

On bribes(.)fyi, police is already leading in bribes with 50% share of the complaints.

We can completely expect the government to take the right steps to correct this - which is to shut down this site instead of stopping bribes.

[Supriya Shrinate @SupriyaShrinate]

हम जियेंगे और मरेंगे
ए “सनम” तेरे लिए

आनंद बख्शी साहब ने तो लिखा था
ए “वतन” तेरे लिए

देवेन्द्र फडणवीस जी जब देश से प्यार होगा तभी तो वतन निकलेगा!

लेकिन संघियों और देश प्रेम का क्या लेना देना?

[✎𝒜 πundhati🌵🍉🇵🇸 @Polytikles]

Have anyone's religious sentiments been hurt so far?

Does anyone have a problem with this color this time?

Has anyone felt 'Culture Shock' yet?