The ‘upskilling tsunami’ is coming—and these professors think an AI-generated professor is a big part of the answer

MIT spinout Vertical Semiconductor has successfully raised $11 million to advance its innovative AI power chip technology. This funding is significant as it highlights the growing interest and investment in AI-driven solutions, which are crucial for enhancing energy efficiency in various applications. The development of such technology could lead to more sustainable energy consumption and improved performance in electronic devices, making it a noteworthy advancement in the semiconductor industry.

This week, two brothers who recently graduated from MIT are facing trial, which is expected to bring attention to a controversial cryptocurrency trading strategy. This case is significant as it highlights the often opaque and unregulated nature of crypto trades, raising questions about legality and ethics in the rapidly evolving digital currency landscape.

The future of AI is closely tied to automotive technology, as highlighted by the insights of a seasoned expert who has worked with leading companies like MIT, Tesla, and GM. This perspective is crucial because it showcases how advancements in AI are not just theoretical but are actively shaping the vehicles we drive today, promising a more intelligent and efficient transportation system.

Delaware's highest court is currently reviewing a pay plan for Tesla's CEO Elon Musk, which has sparked significant interest among shareholders and legal experts. This case is important as it could set a precedent for executive compensation and corporate governance, impacting how companies structure pay for their top executives in the future.

Wall Street banks have reported a remarkable $15 billion in trading profits, capitalizing on a strong stock market rally. This impressive performance highlights their ability to navigate market fluctuations and seize opportunities, particularly following the chaos induced by tariffs. The success in the third quarter underscores the resilience of these financial institutions and their pivotal role in the economy.

In the latest newsletter from the Odd Lots universe, hosts Joe Weisenthal and Tracy Alloway discuss the pressing issues surrounding America's data landscape. They delve into the implications of recent developments in markets, finance, and the economy, highlighting the importance of staying informed in a rapidly changing environment. This conversation is crucial as it sheds light on how data influences our daily lives and the broader economic context.

PPE Medpro, a company linked to Baroness Mone, has failed to repay £122 million after breaching a Covid-19 contract. This situation raises concerns about accountability in government contracts and the implications for public trust, especially during a health crisis. The failure to meet financial obligations not only affects the company's reputation but also highlights the need for stricter oversight in the procurement of essential supplies.

Czechoslovak Group AS, known for its armored vehicles and munitions, is exploring a potential €3 billion IPO as early as January 2026. This move could mark the first significant public offering in Europe for the new year, signaling a positive trend in the market and attracting investor interest. The company's decision to go public reflects confidence in its growth and the broader economic recovery, making it a noteworthy development for both the industry and investors.

The US is taking significant steps to support Argentina's economy by purchasing more Argentine pesos and working on a $20 billion debt facility, as highlighted by Bessent. This move is crucial as it aims to stabilize Argentina's financial situation and foster economic growth, which could have positive implications for both countries.