Trump Signs Law to Launch Dollar 2.0

Trump just signed law S.1582, unleashing the biggest money shift in 100+ years. For the first time since 1913, private firms - not the Fed - can mint a "Dollar 2.0." Treasury says it could drain $6.6T from banks and pay 10X current savings rates. Early investors in minting firms could see 40X returns by 2032.

Apple Supplier Foxconn Unveils AI Model Using Nvidia Tech

Anusuya Lahiri
March 10, 2025

On Monday, key Apple Inc (NASDAQ:AAPL) supplier Foxconn told the Wall Street Journal it has built its in-house large language model with reasoning capabilities and trained in four weeks.

Foxconn’s profitability challenges in its core electronics manufacturing business prompted it to diversify into artificial intelligence and electric vehicles.

The AI model, called FoxBrain, is capable of data analysis, mathematics, reasoning, and code generation.

Also Read: ChatGPT Parent OpenAI’s Specialized AI Agents Could Cost Up To $20 Thousand Per Month: report

Foxconn expects FoxBrain to drive advancements in manufacturing and supply chain management.

Foxconn said 120 Nvidia Corp (NASDAQ:NVDA) H100 graphics processing units provided support through its Taiwan-based supercomputer and technical consulting.

Foxconn plans to open-source the model for collaborations with industry partners.

FoxBrain is based on the structure of Meta Platforms Inc’s (NASDAQ:META) publicly available large language model Llama 3.1.

Global tech companies remain focused on introducing AI models to gain market share amid the AI frenzy. Amazon.Com Inc (NASDAQ:AMZN) plans to launch AI reasoning model in June 2025 for advanced problem-solving capabilities. Meta plans to introduce improved voice features into its latest open-source large language model, Llama 4.

The Trump administration is reportedly considering restricting Chinese AI startup DeepSeek, including banning its chatbot from government devices shortly after DeepSeek made its AI models open-source.

Earlier in 2025, DeepSeek’s claims of its AI model built at a fraction of the cost of its U.S. rivals cost Nvidia $600 billion in market cap in a single day.

DeepSeek’s AI model followed a $1 trillion market wipeout.

Also Read:

  • USA Targets DeepSeek, Weighs Restrictions On China’s AI Firm That Shook Nvidia’s Market Value By $600 Billion

Image by Pixels Hunter via Shutterstock

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