In a newly amended 13D filing with the SEC, activist firm Clinton Group reported it has cut its position in NutriSystem Inc. (NASDAQ:NTRI) ever so slightly. Clinton now owns 5.1% of the weight management products company, versus the 5.2% stake he reported at the end of September.
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When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.
Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.
At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.
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Put another way, that’s roughly equal to:
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In fact, Verge argues this company’s supercheap AI technology should concern rivals.
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