Lone Pine, Gap: Just now, Stephen Mandel‘s Lone Pine Capital, reported increasing its position in The Gap Inc. (NYSE:GPS) to some 25.1 million shares, from 19.2 million shares held previously. The new stake amasses 5.4% of Gap’s common stock.
Disclosure: none
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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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