VIDEO: Rates vs AI Earnings Becomes Market’s Next Big Test
Waller’s rate-hike warning, PepsiCo’s outlook cut and TSMC’s 54% surge.
Waller’s rate-hike warning, PepsiCo’s outlook cut and TSMC’s 54% surge.
Jim F
18m ago
CNBC interviewed Tristen Buckmaster who is one of the mathmaticians working on the Navier-Stokes problem that ChatGPT solved. basically he says he had been working on this problem for years with another mathmatician. the other guy currently works at anthropic. the other guy was using Claude and Tristen was using ChatGPT. so the two of them solved the problem with oil which apperently is one step easier then solving the Navier-Stokes problem. then OpenAI approched Tristen and said lets work together to solve this. we will give you millions of tolkens to complete the solution on one condition. you cut out the guy that works for Anthopic. you can have full credit and the $1m reward. as long as you did it on ChatGPT. well he wasn’t going to screw over his long time partner so he said no. then from starting from nowhere they solved it without him. he can’t prove they stole his IP to solve it but it sounds compelling that they did.
if this is true, that means open Chinese models aren’t only way cheaper but also more secure because you keep your data. why use OpenAI or Anthropic again?
here’s the link to the interview for those interested. apperantly no links, sorry. for those interested got to youtube and search Tristan Buckmaster CNBC interview
Reply
Share
Positions: None.
Multiyear future contracted bookings mean using PEG ratio valuation, not a simple P/E metric.
I have several research meetings out of the office today, starting at 2 p.m., so I will be slow on the posts late in the day.
Positions: None.
The stock is back in familiar territory, where dip buyers got very aggressive. Here’s what to watch now.
I would still avoid financials and not bottom fish:
Position: None
Your AI will call their AI. Here’s the stock I’m buying for that.
Run don’t walk to watch Dan and Peter Boockvar on a special MRKT CALL today at 11 a.m.
Two of my very favorite peeps.
Let’s go to the tape. MRKT Call – Thursday, October 8th
Positions: None
* For emphasis… the market continues to narrow
$SPY -0.29%
$RSP – 0.19%
$QQQ -0.46%
$IWM -0.82%
Positions: None