'In Q2, global M&A reached nearly $690 billion across 7,911 deals, though PitchBook estimates an additional 3,297 deals not yet disclosed. That's compared to $734.5 billion across 9,451 in the year-ago quarter.'
ECONOMY
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Estimating the Cost of Frontier LLM Research and Model Training
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How much does frontier LLM research cost? If you want to build models from scratch, it's about 13M USD This was calculated on a recent Google Deepmind paper by an engineer : read their full article here https://
152334h.github.io/blog/scaling-e
xponents/
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Delta seeks compensation from Microsoft CrowdStrike over outage
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our @Lebeaucarnews is reporting that Delta will seek compensation from Microsoft and CrowdStrike following the outage
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Why Companies Shift From Attract to Extract Strategy
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It's excellent. Best explanation of why companies go from attract to extract that I've read.
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Internet Monetization and Monopolies: Economic Impact Analysis
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This is one of the best things I've read on the internet in a long time. Monetization & Monopolies: How The Internet You Loved Died by @ConradBastable "Sometimes, Monopoly is actually good for society." h/t @ByrneHobart for surfacing it in The Diff
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France achieves high living standards with low carbon footprint
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High standard of living plus low carbon footprint. Vive la France!
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E/acc disrupting healthcare education childcare costs systems
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Dear e/acc creators, investors and cheerleaders of tech acceleration: Please do us all a favor and disrupt the hell out of Hospital Services, College Tuition, College Textbooks, Childcare, Medical Care, Food and any government actions that make these so ridiculously expensive.
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AI to Replace Consulting Firms as Intelligent Assistants Surpass Experts
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Le pire des scénarios pour les cabinets de conseil : Les entreprises se rendent compte qu'avec l'IA, elles n'ont plus besoin d'eux. Chacun aura bientôt un assistant intelligent plus intelligent que les meilleurs consultants de la planète puissance 1000 à un coût de 0.
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Growth and Productivity: Key Economic Insights Thread
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Here is a terrific thread by @DigEconLab postdoc @BasilHalperin about growth and productivity. #econtwitter
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Canada Semiconductor Industry Gains Momentum with Strategic Investment
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Canada's semiconductor industry gains momentum, but challenges remain. Our CEO Chris Walker tells @eetimes
: "What's needed is a virtuous cycle to propel and perpetuate leadership in the sector." Read how Canada is stepping up chip investment below.