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Elon Musk Rebrands xAI and Commits to Massive Nvidia Chip Orders

Key Points: Elon Musk announced that SpaceX AI and Tesla will continue to order Nvidia chips at scale. This marks the very first time Musk has referred to the combined xAI entity as SpaceX AI. Tesla is actively designing its fifth-generation AI5 chip for autonomous driving. A massive update to Tesla's Full Self-Driving software is...

New Zealand Economy Grows Slightly but Misses Key Forecasts

Key Points: New Zealand's economy expanded by a modest 0.2 percent in the fourth quarter. The growth fell short of the 0.4 percent forecast set by financial analysts. The Reserve Bank of New Zealand projected a higher 0.5 percent increase. Real estate, rental, and hiring services drove the majority of the economic growth. The New...