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EP-66 Amazon Prime Day Record Sales 📈, Global Chip Stock Plunge 📉, Innovative Ai Ventures 🚀
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welcome to wall-e's tech briefing for thursday, july 18!
- amazon prime day success: u.s. buyers spent $7.2 billion on the first day, with notable sales in electronics, video games, and small kitchen appliances. mobile shopping hit a record $3.5 billion.
- chip stock declines: global chip stocks fell due to potential u.s. export restrictions. asml, tokyo electron, arm, amd, marvell, qualcomm, and broadcom saw significant drops.
- anthropic's anthology fund: a $100 million fund launched to support early-stage startups with ai technology and resources, offering $25,000 in credits and other benefits.
- new ai model opportunities: transformers face computational limits; new models like test-time training (ttt) and state space models (ssms) are being developed to process more data efficiently.
- microsoft designer app: ai-powered design app now available on ios and android, featuring text-prompt image creation, background replacement, and integration with word and powerpoint.
stay tuned for tomorrow's tech updates!
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