RAG models

Gen X is in charge now and boomers are being shown the door

Gen X is in charge now and boomers are being shown the door

It looks like time is ticking on the final days of the boomer era of power.A vibe shift has been in the making for some time, but the leaders born between the 1940s and mid-1960s who still remain at the helm of the global order look set to relinquish long-held positions to their successors: Gen X. Kamala Harris, 59, looks set to replace 81-year-old Joe Biden as the Democratic presidential nominee. Justin Sullivan/Getty Images The former attorney-general of California is 59, but was born on October 20, 1964 — putting her just weeks outside the Gen X range that generally…
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Tesla’s still not making big profits and probably won’t for years — but analysts and investors still love it

Tesla’s still not making big profits and probably won’t for years — but analysts and investors still love it

Tesla has had an exceptionally rocky first half of the year.The electric vehicle maker's second-quarter earnings report on Tuesday only added to investor concerns: It missed earnings estimates and reiterated a delay in its much-awaited Robotaxi unveiling in its earnings call.Tesla stock fell nearly 8% after-hours on Tuesday.But some analysts say they still love the company. They're looking at the long run, and quarterly hiccups won't deter their optimism."I'm still in the camp that they're going to deliver on these," Gene Munster, managing partner at Deepwater Asset Management, said on CNBC on Tuesday. "They won't deliver it on time, but…
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Meet peak summertime Zuck

Meet peak summertime Zuck

Zuckerberg gave an interview to AI newsletter writer Rowan Cheung on Tuesday, after Meta released its latest AI model, Llama 3.1, on Tuesday.While the Meta CEO was there to hype his company's latest AI offering, the interview was just as notable for Zuckerberg's visible sunglasses tan.Exclusive: Meta just released Llama 3.1 405B — the first-ever open-sourced frontier AI model, beating top closed models like GPT-4o across several benchmarks.I sat down with Mark Zuckerberg, diving into why this marks a major moment in AI history.Timestamps:00:00 Intro… pic.twitter.com/wI0X86P0dM— Rowan Cheung (@rowancheung) July 23, 2024 Zuckerberg's new bronzed look is right on brand.…
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Reed Hastings is going all-in on Kamala Harris with a huge $7 million bet on her presidential candidacy

Reed Hastings is going all-in on Kamala Harris with a huge $7 million bet on her presidential candidacy

Reed Hastings on Tuesday went all in on his support for Vice President Kamala Harris' presidential bid.The Netflix co-founder and executive chairman donated $7 million to a super PAC linked to Harris, The Information reported.It was the largest donation he had ever given to a single candidate, he told the outlet.Representatives for Hastings at Netflix declined to provide further comment on his donation.Hastings was initially slow to endorse Harris after President Joe Biden ended his run and passed the baton to her.Hastings made a Sunday X post shortly after Biden's announcement, writing: "Dem delegates need to pick a swing state…
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Elon Musk is probably getting a little nervous

Elon Musk is probably getting a little nervous

Tesla on Tuesday had a lackluster earnings report that revealed the electric vehicle maker once again missed investor expectations.Though the automaker had slightly better-than-expected revenue, the Q2 earnings showed Tesla's adjusted earnings margin dropped from 18.7% to 14.4% year-over-year, its free cash flow was short of analyst expectations by more than half a billion dollars, and its earnings per share fell from 91 cents a year ago to 52 today.The billionaire Tesla CEO fielded several terse questions from investors and analysts on topics including the company's slipping revenue from auto sales, continued delays to its Robotaxi project, and whether the…
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