X said to post $752m Q3 revenue, up 17% YoY



Samsung is gearing up to commence operations at its Texas chip facility in the US. The factoryβs construction has picked a pace after the Tesla order. Samsung Lee has just met Elon Musk and toured the Taylor semiconductor plant.
A new report reveals that Samsung chief Jay Y Lee and Tesla CEO Elon Musk toured the Taylor semiconductor facility on Thursday.
Chairman Lee and CEO Musk have reportedly mapped out the production lines. The heads have also discussed yield targets and potential technological collaborations during the meetup.
Additionally, Elon suggested Lee set up a dedicated workspace inside Samsungβs Taylor plant for Tesla, so the working personnel remain on site to monitor and speed up chip output.
It aligns with the details that emerged right after Samsung and Tesla signed their deals. From the start, Elon wants an insider role at Samsungβs cutting-edge semiconductor production facility.
Under the new business model being tested, the client (Tesla) participates in every stage of the process, from chip design to plant construction, production line configuration, and packaging, to speed up feedback cycles.
The year-end meeting indicates that the two companies are gearing up to expand their current partnership. In the past, Tesla awarded Samsung a huge $16.5 billion order for its AI chips to be used in various products.
The South Korean tech giant is rapidly finalizing its Taylor chip plant to initiate operations. The company has invested over $34 billion in its Texas plant to set up a massive production facility for advanced chips.
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Grok 4.20, a new AI model from Elon Muskβs xAI, has surprised many people by winning the Alpha Arena test. While other big AI models lost money or dropped in performance, Grok 4.20 stayed strong and kept making profits.
Elon Musk has now confirmed that the Mystery modelΒ was an early test version of the upcoming Grok 4.20 model. It was in first place on the leaderboard from start to finish.
The Alpha Arena is a tough test where AI models start with $10,000 and trade in real-world-like market conditions. Most AI models fail or lose money, but Grok 4.20 succeeded by making a 12.11% return over two weeks and even reaching a 50% gain in some cases.
Image via DogeDesigner
Grok 4.20 reportedly uses real-time data like market trends and news to make fast decisions. This helps it choose the right trades, whether they are risky or cautious, which makes it a strong tool for any market situation. It balanced high-risk and safer trades well.
The success of the Grok 4.20 shows that AI can be very useful in finance, but it also raises questions about fairness and market rules. Elon Musk plans to use AI sustainably. Grok 4.20 is just the beginning, and it could be the start of a new future for AI in many industries.
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