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AvaWatz: Collaborative AI + robotics |
"Behind-the-scenes" tech for complex tasks |
With all the hype around AI and robots, there's a misconception that robots just work on their own. |
They don't. To get the job done, robots need to: |
Interpret data from sensors Communicate the appropriate action Overcome obstacles when stuff goes wrong (which is all the time)
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Sounds simple! But in the real world it gets complicated, fast. |
AvaWatz develops systemsthat work together to do complex tasks. This is known as collaborative AI. |
One use-case is airport safety. AvaWatz robots can detect small but harmful junk on airport runways. |
See here: |
 | AvaWatz Airfield Inspection |
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There are a bunch of applications for this. Defect detection on power lines. Enhancing medical imaging analysis. All sorts of precision training. |
So AvaWatz is raising on Republic. |
Why Invest in AvaWatz? |
Innovative: AvaWatz enables multiple systems to collaborate seamlessly, and complete intricate tasks with precision and reliability. Versatile: Their tech can be applied across multiple industries, from logistics and manufacturing, to security and inspection. Scalable: The platform’s modular design allows for easy scaling. High growth potential: The market for autonomous systems is rapidly expanding. Proven Expertise: The team behind AvaWatz brings extensive experience in AI and autonomous technology.
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Invest in AvaWatz. They're pushing the boundaries of what autonomous systems can achieve. |
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📰 Market Headlines |
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The tech sell-off intensified as Nasdaq suffered its worst two-day slide since 2022. The Dow plunged nearly 550 points, while the S&P 500 and Nasdaq fell 0.8% and 0.7%, respectively. Nvidia and ASML took a hit, dropping over 3%, with China’s looming trade rules overshadowing TSMC's 36% profit jump.
Hunter Biden moved to dismiss his tax and gun charges, citing the dismissal of Former President Trump's classified documents case. Meta is in talks to take a 5% stake in Ray-Ban maker EssilorLuxottica, expanding their smart glasses partnership. Costco added $80 'apocalypse bucket' to its inventory, offering 150 freeze-dried meals with a 25-year shelf life.
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🕶️ Market Vibes |
🎰 Market Forecasts and Futures |
Forecasts via Kalshi, the prediction market. |
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😱 Fear and Greed Index |
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🎤 What you said last time |
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📈 Trends you need to know | | Prepping for the zombie (or whatever) apocalypse continues to gather steam in the US. |
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🧠 What do you think? |
As the world continues to become more fraught, more and more people are preparing for the worst. |
How ready are you when the SHTF? |
I'd rate my preparedness at |
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📊 Stocks |
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Winners and losers |
Earnings, upgrades, and acquisitions |
Netflix reported beat earnings and subscribers but disappointed on outlook; shares dropped 0.6%. Cintas reported better-than-expected Q4 EPS, sending shares soaring 5.3%. Intuitive Surgical beat Q2 EPS estimates; the stock closed up 4.4%. Domino's Pizza shares dropped 13.5% despite strong Q2 earnings due to a slower expansion warning. PPG Industries beat Q2 EPS estimates, but missed expectations, dropping shares 6%. Blackstone jumped 4.7% despite missing Q2 EPS estimates. Alaska Air Group saw Q2 revenue inch up 2%, but net income dropped, plummeting shares by 7%. Novartis beat Q2 estimates and raised its 2024 profit forecast; shares slipped 3.17%. TSMC announced strong Q2 results, with revenue surging 40.1%. Shares rose 0.4%.
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Market movers |
Stellantis recalled 24,000 Chrysler minivans worldwide due to battery fire risks, urging owners to park outside and avoid recharging. Amazon's Prime Day sales hit a record $14.2 billion, up 11% from 2023, driven by electronics, furniture, and back-to-school shopping. NASA canceled its $450-million VIPER mission to drill for ice on the Moon. OpenAI is in talks with Broadcom and others to develop AI chips to address GPU shortages for large language models. Amdocs announced plans to cut 1,500-3,000 jobs, or 5-10% of its global workforce, in another round of layoffs.
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Ideas, trends, and analysis |
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The US-Europe tourism trade deficit hit a two-decade high of $27.3 billion in 2023. Weekly jobless claims hit their highest level since August 2023, with 243,000 initial jobless claims filed last week, up from 222,000 the week prior. Renters still pay nearly $300 more monthly than pre-pandemic levels, straining budgets. Tesla's California car registrations fell 24% in Q2, the third straight quarterly drop in its key market.
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🌍 Global Perspectives | 🇷🇺 Russia dismissed Former President Trump's claim of a quick resolution to the Ukraine conflict as “unrealistic”. 🇪🇸🇩🇪 Arrests were made in Spain and Germany for those supplying Hezbollah with drone parts used in attacks on Israel. 🇻🇳 Vietnam's top leader stepped back due to health issues, sparking succession speculation. 🇷🇺🇺🇸 In response to US arms deployment in Germany, Russia suggested it may deploy nuclear missiles. 🇧🇩 Bangladesh students escalated protests despite the Prime Minister's pledge for reforms.
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📊 Crypto | | Grayscale launched a Decentralized AI Fund, investing in protocols like Filecoin and NEAR to tackle AI-related issues. The Basel Committee released its final disclosure framework for banks' crypto exposures, tightening criteria for stablecoins. Liquidium raised $2.75 million to bring an Aave-like experience to Bitcoin, aiming to be the DeFi lending hub.
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🧠 Errata | Rare footage was released of an uncontacted indigenous tribe in the Peruvian Amazon as loggers encroach on their lands. Two adorable Amur tiger cubs had their first public outing at Germany's Cologne Zoo. A fireball meteor illuminated the New York City sky, passing over the Statue of Liberty before disintegrating above Manhattan.
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📺 What to Watch Today |
They seem friendly. |
 | Rare footage shows uncontacted indigenous tribe in Peru |
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| That’s all for today. Did I miss anything? Smash the reply button to let me know. | Cheers, | Wyatt |
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