IonQ Stock Jumps as Company Claims Real-Time Error Correction Without Slowing the Machine
The company says real-time quantum error decoding can run in the background on commodity hardware instead of custom FPGA, GPU, or ASIC farms.
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Schwab and Big Banks Slide as Vanguard’s Altruist Deal Raises AI Threat in Wealth Management
Vanguard’s reported $4B–$4.6B Altruist deal revived fears that AI will disrupt brokerage custody and idle client cash that funds broker profits.
How Meta’s $200B AI Bet Transformed an Obscure New Jersey Data Company
Hunterbrook says Meta is Innodata’s top customer. A new “long-horizon agents” contract may tie to Muse. Link unconfirmed.
Royal Caribbean Nears $6 Billion Deal to Buy Controlling Stake in Sandals Resorts
RCL is close to buying control of Sandals Resorts in a deal worth over $6 billion, its largest acquisition, to expand land-and-sea vacations.
Alibaba Launches "China’s Most Powerful AI Chip" and Massive Data-Center Expansion
Alibaba launched the Zhenwu V900, called China’s strongest AI chip, plus 5–10 trillion parameter Qwen models and a 20GW data-center goal by 2032.
Berkshire Now Owns 10% of Lennar After Buying $200 Million of Stock
Berkshire now holds 23.7 million Lennar Class A shares worth $1.8 billion after crossing the 10% ownership threshold.