Friday☕️

Friday☕️

Trending:

  • Meta Orion AR Glasses
  • OpenAI Leadership Changes

Markets:

  • Yesterday’s U.S. stock market:
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Meta Orion AR Glasses:

  • Meta recently introduced its Orion augmented reality (AR) glasses at the Meta Connect 2024 event. Augmented reality refers to technology that adds digital images or information to what we see in the real world, enhancing our surroundings with computer-generated elements. Unlike virtual reality (VR), which immerses users in an entirely digital environment, AR blends the real and digital worlds, allowing users to see and interact with both at the same time. The Orion glasses are designed to deliver this experience by projecting holographic displays that appear as part of the wearer’s environment, offering an advanced and immersive AR experience.
  • One of the key features of the Orion glasses is their wireless design. Rather than requiring large, bulky equipment, they are paired with a small compute pack worn on the body, which powers the glasses. A wristband also allows users to control the system through simple hand gestures and eye movements, making the experience more intuitive and hands-free. These glasses provide a wide field of view (FOV), meaning the digital images take up more of your visual field, helping to create a more engaging and interactive experience.
  • Meta worked with Ray-Ban to ensure the Orion glasses have a sleek, everyday look, aiming to make them more appealing for regular use rather than being purely a tech gadget. Though still in the prototype stage, Meta claims that these glasses are close to being consumer-ready, positioning them as a potential competitor to other AR devices in development, such as Apple's Vision Pro. In practical terms, Orion is designed to overlay digital elements like holographic images of people or objects into the user’s physical environment.
  • This could have a range of uses, from productivity and work tasks to entertainment. The glasses are also expected to incorporate Meta's AI, providing real-time assistance and personal customization. While there is no confirmed release date for consumers, the Orion prototype signals a significant step forward in AR technology, potentially leading to more widespread use of AR in everyday life.

OpenAI Leadership Changes:

  • OpenAI has seen numerous leadership changes recently, affecting both founding members and key executives. Most recently, Chief Technology Officer Mira Murati announced her resignation, following her role in the development of major projects like ChatGPT and DALL-E. Chief Research Officer Bob McGrew and VP of Research Barret Zoph also announced they would be leaving. While these departures are said to be amicable and independent, they reflect ongoing turnover as OpenAI grows rapidly.
  • Among the original founders of OpenAI, several have left over the past year. Co-founder John Schulman resigned in August, aiming to focus on AI safety and alignment after expressing concerns over the company's emphasis on rapid growth. Earlier, in May, Ilya Sutskever, another co-founder and Chief Scientist, stepped down after similar concerns. Sutskever was a central figure in shaping OpenAI's mission, and his departure signaled significant internal shifts within the company. Greg Brockman, OpenAI’s president and co-founder, is currently on a sabbatical but has stated his intention to return at the end of the year.
  • Of OpenAI’s original founding team, only Sam Altman remains in an active leadership role. Despite this wave of departures, the company continues to expand aggressively, securing over $6 billion in funding, bringing its valuation to around $150 billion. OpenAI has also shifted to a capped-profit model, designed to attract investment while maintaining its mission of safe AI development. Combined with partnerships with Microsoft and Nvidia, OpenAI is positioned as the current leader in the AI space.

Statistic:

  • Largest oil and gas companies by market capitalization:
  1. 🇸🇦 Saudi Aramco: $1.779T
  2. 🇺🇸 Exxon Mobil: $501.15B
  3. 🇺🇸 Chevron: $257.67B
  4. 🇬🇧 Shell: $210.44B
  5. 🇨🇳 PetroChina: $208.47B
  6. 🇫🇷 TotalEnergies: $156.77B
  7. 🇺🇸 ConocoPhillips: $118.80B
  8. 🇨🇳 CNOOC: $115.40B
  9. 🇨🇳 Sinopec: $107.46B
  10. 🇺🇸 Southern Company: $97.36B
  11. 🇨🇦 Enbridge: $89.22B
  12. 🇺🇸 Duke Energy: $88.93B
  13. 🇧🇷 Petrobras: $88.81B
  14. 🇦🇪 TAQA: $87.55B
  15. 🇬🇧 BP: $84.80B
  16. 🇨🇦 Canadian Natural Resources: $69.79B
  17. 🇺🇸 EOG Resources: $68.44B
  18. 🇳🇴 Equinor: $67.76B
  19. 🇦🇪 ADNOC Gas: $67.08B
  20. 🇺🇸 Enterprise Products: $62.67B
  21. 🇷🇺 Rosneft: $59.66B
  22. 🇺🇸 Schlumberger: $58.45B
  23. 🇺🇸 Marathon Petroleum: $54.70B
  24. 🇺🇸 Phillips 66: $54.69B
  25. 🇺🇸 Williams Companies: $54.53B
  26. 🇺🇸 Energy Transfer Partners: $54.48B
  27. 🇷🇺 Lukoil: $52.34B
  28. 🇺🇸 Oneok: $52.07B
  29. 🇺🇸 Sempra Energy: $51.87B
  30. 🇺🇸 Pacific Gas and Electric: $51.67B
  31. 🇮🇩 Chandra Asri Petrochemical: $51.53B
  32. 🇨🇦 TC Energy: $49.87B
  33. 🇺🇸 Diamondback Energy: $49.43B
  34. 🇮🇹 ENI: $48.33B
  35. 🇺🇸 Kinder Morgan: $48.11B
  36. 🇨🇦 Suncor Energy: $46.59B
  37. 🇺🇸 Occidental Petroleum: $45.72B
  38. 🇺🇸 MPLX: $45.37B
  39. 🇮🇳 Oil & Natural Gas: $44.26B
  40. 🇺🇸 Valero Energy: $43.77B
  41. 🇦🇺 Tamboran Resources: $40.78B
  42. 🇺🇸 Cheniere Energy: $40.33B
  43. 🇺🇸 Hess: $40.26B
  44. 🇨🇦 Imperial Oil: $37.00B
  45. 🇷🇺 Gazprom: $35.93B
  46. 🇺🇸 Baker Hughes: $34.78B
  47. 🇷🇺 Novatek: $34.03B
  48. 🇦🇺 Woodside Energy: $32.59B
  49. 🇺🇸 Targa Resources: $32.05B
  50. 🇨🇦 Cenovus Energy: $30.39B

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