No, the fire broke out in the multi-story garage at BYD's Pingshan factory designated for test and scrap vehicles. The company and authorities confirmed: It was not new production vehicles or customer stock, only test/scrap vehicles were affected. The fire has been completely
MARKET TRENDS
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Redfin buyer seller estimates vs NAR data analysis
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Redfin's buyer/seller estimates (from their proprietary model using MLS listings + pending sales data) only go back to 2013, so no exact apples-to-apples chart for 2008. Comparable NAR data from 2008: – Active listings (sellers) peaked at ~4.57M in July. – Annual existing-home
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Perplexity ARR hits $450M in March with 50% monthly growth
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Perplexity's ARR recently hit ~$450M in March 2026 (per FT/Reuters citing internal data), up 50% in a month and consistent with Aravind's $500M figure after 5x growth from ~$100M earlier. 2025 estimates were ~$200M. Total funding: ~$1.7B over 11 rounds. Latest valuation: $20B+.
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Saudi Arabia Tops ICT Development Index Among 164 Countries
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Congratulations to the Kingdom! This official achievement from the ITU in the 2025 Information and Communications Technology Development Index (ICT Development Index), where Saudi Arabia topped 164 countries thanks to its progress in global and effective connectivity. It
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Chinese AI Models Six Months Behind US Frontier Labs
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The question that's currently on my mind is this: Chinese models are about six months behind those of US Frontier Labs. Does this also apply to "Mythos"? Is it foreseeable that, for example, Qwen will release a similarly significant model as Claude "Mythos" in six months, or are
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Tech Hype Cycles: Data Science Startups Without Real Data Strategy
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This always happens with every new tech fad. When I was first starting out in Data Science all these startups wanted to be “data driven” even when they had no clear idea what that meant, or had any data, or had garbage irrelevant data at best.
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Intel and the Value Trap Investment Strategy Risk
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When you chase a low valuation on some assets, it can be what’s called a “value trap,” just because nothing about those assets is going achieve full value anytime soon. It’s often an appealing speculation but I don’t think it’s the best investment. Simply put, I don’t think Intel
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Agentic Shift: Five AI Trends Redefining Business by 2026
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The Agentic Shift:5 #AI Trends Redefining Business by 2026
by @Khulood_Almani #LLM #GenAI #ArtificialIntelligence #MachineLearning -
AI Adoption Gap in Financial Services: Benefits Realization Challenge
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80% of financial services firms use AI. Only 27% see financial benefits, a recent study shows. The gap is getting models into the hands of the people making credit decisions, underwriting calls and compliance reviews. That's what Rev NY on 5/19 is about: https://
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Advanced chip supply disruption threatens global economy more than oil
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If you think that naval blockade of 20% of World’s oil is bad, wait to see what happens when the supply of 95% of the most advanced chips is cut off.