Is SLB an AI play? Oil company’s CEO makes the case as power demand swells.

• TSMC net profit hits record high as fourth-quarter results top expectations on robust AI chip demand

  TSMC, the world's largest contract chip manufacturer, produces advanced processors for clients such as Nvidia and Apple and has benefited from the megatrend in favor of AI.
  
  CNBC - 1d

• Oil prices end higher as traders weigh demand prospects, supply risks

  Oil futures settled higher Wednesday, finding support after snapping a three-day winning streak that had been driven in part by wider U.S. sanctions on Russia as well as cold weather in much of the ...
  
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• How Trump can make AI great for America

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• 

  U.S. Efforts to Cut Emissions Stalled in 2024 as Power Demand Surged

  After staying flat for nearly two decades, electricity use is starting to rise again, and the boom in wind and solar power hasn’t kept pace.
  
  The New York Times - Jan. 9

• Panama Canal CEO Says Meeting Trump's Demands 'Will Lead to Chaos'

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  The Wall Street Journal - Jan. 8

• House of Huawei — inside China’s ‘most powerful company’

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  Financial Times - Jan. 8

• Foxconn Posts Record Fourth-Quarter Revenue on AI Demand

  The Taiwan-listed assembler of Apple and Nvidia products posted record revenue for the fourth quarter, helped by robust demand for servers to power burgeoning artificial intelligence technologies.
  
  The Wall Street Journal - Jan. 5

• Chinese robot vacuum cleaner company reveals model with an AI-powered arm

  Chinese robot vacuum cleaner company Roborock says its new model has an artificial intelligence-powered folding arm for removing socks and other obstacles.
  
  CNBC - Jan. 5
• 

  Meta is killing off its own AI-powered Instagram and Facebook profiles

  Instagram profile of ‘proud Black queer momma’, created by Meta, said her development team included no Black people. Meta is deleting Facebook and Instagram profiles of AI characters the company ...
  
  The Guardian - Jan. 3

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• Treasury yields end with largest weekly declines since November ahead of Trump’s inauguration

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  CNN Settles Defamation Suit After Jury Found It Liable for Smearing Navy Veteran in Afghanistan Evacuation Story

  News network reached a deal with Zachary Young as it was facing potentially tens of millions of dollars in punitive damages.
  
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• This startup plans to recycle aluminum from cars and keep it all in the U.S.

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• Unrivaled women's basketball league debuts Friday. Here's everything we know about it

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