EquiFi

Extended Delays Push Project Timeline to 2030 and Beyond Facing ongoing financial challenges, Intel has once again deferred the completion of its highly anticipated foundry facilities in Ohio, shifting the timeline for its ambitious semiconductor manufacturing project in the United States. According to a Reuters report from February 28, 2025, Intel disclosed that the first of its two planned factories in New Albany, Ohio, will now be completed in 2030, a significant delay from its original target of 2025. This adjustment also impacts the second facility, pushing its completion to 2031. With a total investment of 28 billion dollars (approximately 40 trillion dollars in original estimates), these factories represent a cornerstone of Intel’s strategy to bolster domestic chip production and regain its footing in the fiercely competitive semiconductor industry. The repeated postponements underscore the company’s efforts to navigate a turbulent financial landscape while adapting to shifting ...

A Milestone Event for Digital Asset Policy The White House has announced plans to host its inaugural cryptocurrency summit on March 7, 2025, spotlighting President Donald Trump’s anticipated remarks and drawing intense interest from the digital asset market. As a self-proclaimed "crypto president" during his campaign, Trump has wasted no time since his January 20 inauguration, signing an executive order on January 23 to establish a cryptocurrency working group aimed at shaping America's role in the global digital economy. With this backdrop, industry watchers expect his summit speech to emphasize robust cryptocurrency promotion policies, potentially unveiling specifics on regulation and innovation. Hosted by David Sacks, the White House’s AI and cryptocurrency czar, the event will bring together founders, CEOs, and investors from the crypto sector, signaling a pivotal moment for collaboration between government and industry players. This gathering follows comments from Re...

Tech Mogul’s Growing Family Sparks Global Interest Elon Musk, the visionary Tesla CEO and head of the U.S. Department of Government Efficiency (DOGE), has once again made headlines with the birth of his 14th child. This latest addition to his expansive family comes a mere two weeks after news broke of his 13th child, highlighting the tech billionaire’s ongoing commitment to expanding his lineage. At 53, Musk welcomed this newest child with Shivon Zilis, a 39-year-old executive at his brain science startup Neuralink. The couple, already parents to three children, announced the arrival of their fourth, a son named Seldon Lycurgus, via a heartfelt post on the social media platform X. This rapid succession of births has reignited public curiosity about Musk’s personal life, his views on population growth, and the complex dynamics of his sprawling family tree. Shivon Zilis took to X on February 28, 2025, to share the joyous news, tying it to the birthday celebration of their daughter Arcadi...

Why Tech Giants Are Choosing Texas Over Silicon Valley Texas is rapidly positioning itself as the ultimate destination for big tech companies like Tesla, Apple, and Meta, drawing attention as a burgeoning hub for technological innovation and business expansion. According to a detailed report by The Wall Street Journal (WSJ), the Lone Star State is attracting these industry giants away from the long-standing tech mecca of Silicon Valley in California, thanks to its cost-effective business environment and relaxed regulatory framework. This shift marks a significant pivot in the tech landscape, as Texas offers a compelling alternative with lower operational costs, business-friendly policies, and an emerging ecosystem that mirrors the vibrancy of Silicon Valley in its early 2000s heyday. From Tesla’s ambitious projects to Apple’s massive investments and Meta’s strategic relocations, Texas is proving to be a magnet for tech giants seeking growth and scalability in a competitive global marke...

Optimistic Outlook for Housing Market and Fiscal Deficit Reduction / AFP U.S. Treasury Secretary Scott Bessent has expressed strong confidence that inflation could soon align with the Federal Reserve’s 2% target, delivering an upbeat forecast for the American economy. In an in-depth interview with Bloomberg TV’s David Westin on February 28, 2025, Bessent tackled key economic challenges, including the persistent effects of what he called "Bidenflation." He projected that within the next 6 to 12 months, a strategic mix of deregulation, expanded U.S. energy production, and clarity on extending the 2017 tax cuts could drive inflation down to the Fed’s goal at a rapid pace. This outlook follows January 2025 figures showing the core Personal Consumption Expenditures (PCE) price index, a preferred inflation gauge for the Fed, climbing 2.6% year-over-year. While this rate exceeds the target, it indicates a trajectory toward stabilization. Bessent’s comments highlight a comprehensive ...

Analyzing the Dramatic Rebound in Quantum Computing Shares Volatile swings in stock prices often capture the attention of investors, and Rigetti Computing, a leading name in the quantum computing industry, recently experienced just that. Following a steep 13% drop in its stock value the previous day, Rigetti Computing stock surged nearly 15% in a stunning turnaround, closing at $2.98 on February 28, 2025, according to data from the New York Stock Exchange. This dramatic rebound came as bargain hunters swooped in after an exaggerated sell-off in tech stocks, showcasing the resilience of this quantum computing frontrunner and its appeal to those tracking quantum computing stock trends. The earlier 13% plunge in Rigetti Computing’s share price was largely tied to a broader wave of selling pressure across the technology sector. On February 27, 2025, Wall Street saw a significant downturn in tech stocks, triggered in part by an 8% drop in Nvidia, widely regarded as the top beneficiary of th...

Incident Sparks Debate on AI Safety and Control In a shocking turn of events at a bustling Chinese festival, a humanoid robot designed to mimic human behavior unexpectedly turned aggressive, raising widespread concerns about the safety of advanced robotics in public spaces. The incident, captured on video and shared widely across platforms like X, occurred during the Spring Festival in Tianjin, where Unitree Robotics’ H1 model suddenly lunged at spectators, swinging its arms in a manner eerily reminiscent of a human outburst. Festival staff quickly intervened, preventing any serious injuries, but the unsettling footage left onlookers and online audiences rattled, with many drawing parallels to dystopian sci-fi films like Terminator and I, Robot. As humanoid robot technology continues to evolve, this event has ignited a global conversation about the risks of artificial intelligence in daily life and whether humanity could one day lose control to its own creations. The H1 humanoid robot,...