• Investors worry DeepSeek reduces AI chip demand, but there's a case for remaining bullish on Nvidia
    www.businessinsider.com
    Chinese startup DeepSeek triggered panic among investors in top AI companies like Nvidia.DeepSeek claims to have built AI that rivals OpenAI's o1 but with less compute.That could mean lower demand for AI chips, but some analysts and AI leaders don't agree.A week afterDeepSeeklaunched an industry-shaking AI model on Inauguration Day, investors have decided what it all means: a market-moving reassessment of AI's multi-trillion dollar run.DeepSeek, a spinout from a Chinese hedge fund, appears to have rivaled the capabilities of top AI models but by using fewer, less-advanced chips than what their American counterparts have spent billions of dollars on in capital expenditure.On Monday, that sparked panic among investors who thought that more efficient AI would mean lower demand for the advanced chips needed to power models like OpenAI's ChatGPT or Google's Gemini. It's why the sell-off was felt most by key companies in the AI supply chain. Nvidia, the chip giant that has added around $2.7 trillion to its market capitalization since the start of the generative AI boom, fell by as much as 18% on Monday. It suffered the largest US stock market rout in history, with $589 billion wiped off its value.Others, like ASML, AMD, ARM, and a string of Japanese chipmakers tied to the chip-fueled AI industry, also took a hard fall after investors reckoned with the idea that a frontier-level AI model, like OpenAI's o1, could be emulated with far less computing power.While DeepSeek has called into question trillions of dollars in AI infrastructure spending, not everyone is convinced by the extent of the market's movements and it's largely down to compute.Is the DeepSeek sell-off overblown?Hamish Low, an analyst at research firm Enders Analysis, told Business Insider that the reaction to the chip stock sell-off seems "quite overblown" as "being able to use compute much more efficiently," a key claim of DeepSeek's R1 release, "is by no means bad for compute demand."Several tech leaders, such as Microsoft CEO Satya Nadella, have taken to social media to make a similar point by citing the Jevons Paradox, the idea that as the cost of using a resource falls, demand will go up not down.As Nadella put it on X: "Jevons paradox strikes again! As AI gets more efficient and accessible, we will see its use skyrocket, turning it into a commodity we just can't get enough of."Or, as former Intel CEO Pat Gelsinger put it in an X post on Monday, "Computing obeys the gas law."He added, "Making it dramatically cheaper will expand the market for it. The markets are getting it wrong, this will make AI much more broadly deployed."That suggests AI leaders want more efficiency alongside more computing power.Ethan Mollick, a Wharton professor who studies AI, echoed this point. "Everyone in the space is compute constrained," he wrote in an X post on Monday. "More efficient models mean those with compute will still be able to use it to serve more customers and products at lower prices & power impact."Similarly, Bernstein analysts wrote in a Monday investor note that their "initial reaction does not include panic." The analysts, also citing the Jevons paradox, said that "any new compute capacity unlocked is far more likely to get absorbed due to usage and demand increase vs impacting long-term spending outlook at this point." Meanwhile, Dan Ives, a Wedbush analyst, used a note to remind investors of the bull case for Nvidia. He wrote that while launching a competitive model for consumers was one thing, Nvidia's "broader AI infrastructure" involving robotics, for instance, "is a whole other ballgame."AI model developers have also been very clear about their intent to buy more AI hardware in the near future. Last week, both OpenAI and Meta announced massive plans to drastically increase their investment in AI chips and relevant infrastructure.The ChatGPT maker announced a $500 billion initiative called Stargate to that end, while Meta CEO Mark Zuckerberg said his company was increasing its capital expenditure on AI this year to $65 billion.Taken together, these initiatives signal a serious willingness from top AI players in Silicon Valley to continue spending on the products sold by the companies on the negative end of the market rout triggered by DeepSeek.Bearish signals However, for other industry watchers, there remains a sobering rationale behind Monday's market sell-off.Javier Correonero, an equity analyst at Morningstar, told BI that investors will be conscious that if DeepSeek's claims hold true, then there is reason to question if Big Tech firms like OpenAI, Meta, and others need to spend billions of dollars on securing extra chips."In my view, in the short-medium term, this could be bearish because maybe now the Big Tech firms that are doing all the capex will start focusing more on optimizing all their existing AI infrastructure rather than keep on acquiring more," he said.Enders Analysis' Low made a similar point, telling BI that "DeepSeek is maybe just acting as a trigger point here for much broader investor unease around the returns on Big Tech AI capex and Nvidia's continued rise."In the meantime, investors will continue to reel from the fallout of Monday's market rout while Silicon Valley leaders unpack how DeepSeek achieved so much with so little.
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  • London still dominates as the biggest hedge funds' international outpost despite hot spots like Dubai entering the scene
    www.businessinsider.com
    The biggest US-based multimanagers like Citadel and Point72 still have their investors in longtime locales.London and Hong Kong, regulatory filings show, have hundreds of people, while Dubai and Singapore trail.London, in particular, is still a massive hub for US-based managers, data show.London is far from dead in the hedge fund industry, despite many predictions about its soon-to-come demise.Following the Labour Party's electoral victory this past summer and the Brexit vote in 2016, there's been chatter that London is losing its standing as a global financial hub. Other cities in Europe, the Middle East, and Asia have all been vying to pry off a piece of the city's business.But regulatory filings for some of the biggest US-based multimanagers, including Citadel, Point72, and Balyasny, show that offices in Mayfair and elsewhere in London were packed with hundreds of investors for these funds, at least as of March of last year. Their numbers in the English capital far outweigh, for now, that of offices in locales trying to lure investors away with lower taxes and warmer weather, including Dubai.Filings for Citadel, Point72, Balyasny, Schonfeld, Verition, Walleye, and Hudson Bay show that London has more than half its international investing talent. Millennium and ExodusPoint, two other large, US-based multimanagers, do not list their international offices on their regulatory filings and are not included in the graphic.A person close to Millennium points out the firm has a large international presence, and the $72 billion manager's website notes it operates from more than 140 different places around the world, a majority of which have investment staff. The firm has 18 locations that are deemed "primary offices," and 12 are located outside the US, including London, Paris, Dubai, and Hong Kong.ExodusPoint declined to comment, but its website states that it has offices in London, Dubai, Jersey, Tokyo, Singapore, and Hong Kong. (The story continues below the graphic.)Following the UK's official exit from the European Union in 2020, many predicted cities like Paris would become more formidable financial hubs. However, investing talent in European cities, including the French capital, Copenhagen, and Milan, is dwarfed by outposts in the UK. Dubai has not yet made a significant dent in London's head count.Similarly, in Asia, Singapore was expected to take some of Hong Kong's business, as increased geopolitical tensions between the region and China worried US-based managers, but that has not yet been the reality on the ground.Of the seven firms that disclosed their international offices, only Verition has more investing talent based in Singapore than Hong Kong. Verition, its December 2024 filing shows, has 13 people who "perform investment advisory functions" in Singapore and no Hong Kong office at all.Point72, meanwhile, has more than double the number of investors in Hong Kong 92 than it does in Singapore, as well as significant footprints in Tokyo, Taipei, and Sydney.Still, Dubai and Singapore are growing.In Asia, for example, Bobby Jain's new firm, Jain Global which wasn't included in this data review because it listed only its New York headquarters in its first regulatory filing in September chose Singapore as its first Asia hub, tapping former Morgan Stanley executive Sam Kellie-Smith to lead the office.Hudson Bay, meanwhile, states on its website that it has a Dubai outpost, though it did not list the office in its regulatory filings. The firm did not respond to a request for comment as to why. Walleye's only international office outside Europe is in Dubai.Recruiters and fund executives say eastward movement from London is driven by two things: talent and capital. Senior PMs who want to sit in the Middle East for tax purposes or other reasons can demand it given the tight talent market and high demand for money-making investors, and funds that set up in the region often hope to tap into the massive pools of sovereign wealth capital in the region."There is a certain element of Dubai being new and shiny," said James Barfield, buy-side client director for recruiting firm Selby Jennings, "but that doesn't mean a hedge fund is going uproot from New York and London and move their entire operations there.""I don't see New York or London ever really losing their status," he said.
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  • Fort House / SPAN Architects
    www.archdaily.com
    Fort House / SPAN ArchitectsSave this picture! Umang Shah & Ridham GurjarHousesIndore, IndiaArchitects: SPAN ArchitectsYearCompletion year of this architecture project Year: 2024 PhotographsPhotographs:Umang Shah & Ridham Gurjar Lead Architects: Ar. Anand Maroo, Ar. Arpit Khandelwal, Ar. Pratik Gupta More SpecsLess SpecsSave this picture!Text description provided by the architects. The Fort House by SPAN Architects embodies the fusion of regionalism with modern sensibilities. Drawing inspiration from the fortified walls of traditional forts, the design asserts a monumental facade that celebrates solidity and materiality. Set within a gated township in Indore, India, the residence stands as a pastiche of traditional fort architecture reinterpreted through a contemporary lens.Save this picture!The architectural massing of the structure utilizes yellow sandstone, giving the building a timeless quality while providing a sense of rootedness and ergonomy. This residence spans over 11,500 square feet on a plot measuring 72' x 150', showcasing meticulous attention to both programmatic adjacencies and spatial composition.Save this picture!The building envelope, defined by its North and East orientation, forms a dialogue with its surroundings, articulating a balance between transparency and opacity through its fenestration. The carefully curated facade, complemented by texture paint and marble tile flooring, echoes the genius loci of the region while adopting a sustainable approach to material selection.Save this picture!Save this picture!Save this picture!Inside, the living, dining, and drawing rooms unfold in a sequence that captures the essence of luxury living, serving as the heart of the residence. These iconic spaces, along with the client's favorite guest bedroom, evoke a sense of grandeur and continuity, enhanced by customized furniture selections.Save this picture!Save this picture!Save this picture!Save this picture!Through the interplay of light and shadow, the design not only negotiates privacy and openness but also reinforces the sense of timeless elegance desired by the client. The result is an out-of-the-box, luxurious dwelling that seamlessly integrates regional architectural motifs with modern living standards.Save this picture!Save this picture!Save this picture!Project gallerySee allShow lessAbout this officeMaterialStoneMaterials and TagsPublished on January 28, 2025Cite: "Fort House / SPAN Architects" 28 Jan 2025. ArchDaily. Accessed . <https://www.archdaily.com/1026018/fort-house-span-architects&gt ISSN 0719-8884Save!ArchDaily?You've started following your first account!Did you know?You'll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my stream
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  • Earth from space: Italy's 'ticking time bomb' plays peek-a-boo through a mysterious hole in the clouds
    www.livescience.com
    This 2022 satellite photo shows the summit of "one of the world's most dangerous volcanoes," Mount Vesuvius, peering up through a strange gap in the clouds.
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  • First time trying a scene in blender, I need help with the trees.
    v.redd.it
    My trees in the background look really dull and don't have any motion. I'd like to make anime looking stylized trees with the same leaf motion as my grass blades have. I tried some tutorials but either they just skip steps or are just outdated. I'd also take tips that would make this scene really peak. submitted by /u/HekkiAart [link] [comments]
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  • Impressive Blender-Made Rig Set Up for Marvel Rivals Invisible Woman
    cgshares.com
    2D/3D Artist and Animator A$AP BERG, who just recently showcased a neat shader made for Marvel Rivals Invisible Woman, continues experimenting with the games character models, offering one more look at a 3D rig made for Sue Richards and her dark-side counterpart, Malice.According to the artist, the system combines original deformations from the game with a custom setup made in Blender using Rigify, a built-in add-on that lets you automate the creation of character rigs. The ultimate goal of the project, A$AP notes, is to create a control rig that would support multiple skins at the same time. At the moment, the system is missing a face rig and is considered WIP by the author, so we highly encourage you to follow the artist on Twitter so as not to miss any future developments.Also, check out some of A$APs earlier works featuring Marvel Rivals characters:Dont forget to join our80 Level Talent platformand ournew Discord server, follow us onInstagram,Twitter,LinkedIn,Telegram,TikTok, andThreads, where we share breakdowns, the latest news, awesome artworks, and more.Source link The post Impressive Blender-Made Rig Set Up for Marvel Rivals Invisible Woman appeared first on CG SHARES.
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  • This Trend Invites Artists to Showcase Their Modeling Skills
    cgshares.com
    3D Artists started a new trend on X/Twitter called Never Stop 3D Modelling, in which they showcase their artwork and modeling skills. The creators demonstrate their amazing art, depicting complex shapes and unique artistic styles, or show their progress in 3D visualization over the years.If you are interested in unique and authentic art, check out our recaps of other artists trends on social media. For instance, in the To Get This, I Had to Survive Thistrend, artists shared their older and recent works, illustrating the progress of their artistic skills. The Support Human Artists trend was aimed at gathering support for the creators in the age of the spread of generative models.Indie game developers also joined the sharing of their projects in the How It Started Vs. How Its Going and This Is My Indie Game Main Menu Twitter trends, so if you are a fan of indie projects, make sure to check them out.Take a look at the incredible artwork shared as a part of Never Stop 3D Modelling:Dont forget to join our 80 Level Talent platform and our new Discord server, follow us on Instagram, Twitter, LinkedIn, Telegram, TikTok, and Threads, where we share breakdowns, the latest news, awesome artworks, and more.Source link The post This Trend Invites Artists to Showcase Their Modeling Skills appeared first on CG SHARES.
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  • Saga Armchair 3d Model

    Portfolio- https://bit.ly/3DYkFkx

    #3d #3dmodel #3dproductmodeling #cgi #render
    Saga Armchair 3d Model Portfolio- https://bit.ly/3DYkFkx #3d #3dmodel #3dproductmodeling #cgi #render
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  • CoD: Black Ops 6 And Warzone Season 2 Battle Pass Includes Ninja Operators And Iconic DLC Weapons
    www.gamespot.com
    Season 2 arrives in Call of Duty: Black Ops 6 and Warzone on January 28, and Activision has revealed a detailed look at the items available to unlock in the new battle pass. This content includes three new DLC weapons, more operator skins, plenty of weapon blueprints, and additional cosmetics.The $30 BlackCell pass also returns with tons of bonus content and battle pass tier skips. Season 2's new BlackCell operator is called Vortex. The full Season 2 BlackCell trailer can be seen here.Three new DLC weapons are included in the free tiers of the battle pass. The Feng 82 light machine gun is an HVT-tier reward on page 3, the iconic PPSh-41 submachine gun is an HVT-tier reward on page 6, and the Cypher 091 assault rifle is unlocked on page 8.Purchasing the standard battle pass for Season 2 includes an instant unlock for the brand-new operator named Nocturne. Players with the BlackCell pass will unlock an additional variant skin for Nocturne.More of Season 2's fancy operator skins and weapon blueprints can be seen in the gallery below. The images also include several new shop bundles announced for Season 2, including a new Terminator crossover bundle, a snake-themed operator, a creepy sea monster, and a very rock-n-roll skeleton.For more on Season 2, make sure to check out all the highlights for the new content, including new multiplayer maps, more game modes, and a Zombies map called The Tomb. New Vortex operator for the Season 2 BlackCell pass The Season 2 BlackCell pass comes packed with the following content:20 Battle Pass Tier Skips1,100 CoD PointsThe "Boneshard" Mastercraft Weapon Blueprint for the Jackal PDW Submachine Gun with Dread Shadow Tracers, Crimson Darkness Death FX, and a unique weapon inspect animationThe "Blacksmoke" AMR Mod 4 Sniper Rifle Weapon BlueprintThe "Hound's Tooth" Finishing Move with Void Howler CompanionThe "BlackCell" Clan Tag (showcased in Lobbies and Winner's Circles)The "Vortex" new operatorBlackCell owners can additionally unlock page after page of additional earnable rewards throughout the Season 2 battle pass, including:Up to Seven BlackCell-exclusive Operator Skins for: Nocturne (two Skins), Rossi, Marshall, Grey, Stone, and ToroUp to Six BlackCell-exclusive Weapon Blueprints for the AK-74 (Assault Rifle), DM-10 (Marksman Rifle), Feng 82 (New LMG), Cypher 091 (New Assault Rifle), ASG-89 (Shotgun), and PPSh-41 (New SMG)Over 130 item rewards (Battle Pass and BlackCell related) for players who fully complete the Season 2 BlackCell battle pass The purchase of the Season 2 premium battle pass or BlackCell bundle will immediately unlock the instant rewards page, including the following items:The new Nocturne Operator (also known as "Nocturne"), along with the "Nocturne BlackCell" operator skin for BlackCell owners10% Battle Pass XP BoostThe "Skill Issue" moteThe "Profit Sharing" GobbleGum (x2)The "Shared Fate" legendary weapon blueprint for the XM4 assault rifleThe "Scarred" legendary weapon sticker Nocturne the season's new operator unlock and BlackCell variant Rossi's "Gunsmoke" operator skins Marshall's "Kingmaker" operator skins Bayan's "Wrap" skin Grey's "Toxigenic" operator skins Stone's "Shadow Work" operator skins Caine's "Boltcutter" Skin Toro's "Flow State" operator skins Westpoint's "Bog Banshee" skin Weaver's "Guerilla" skin The Feng 82 light machine gun base unlock The PPSh-41 submachine gun base unlock The Cypher 091 assault rifle base unlock Season 2 also adds the Crossbow weapon attachment. This is an underbarrel attachment that can be unlocked to turn select rifles into a crossbow. Weapon blueprint highlights as shown above:Shared Fate XM4 Assault Rifle, Instant Reward"Violet Engraving" Swat 5.56 Marksman Rifle, Page 1"Scratch One" Saug Submachine Gun, Page 2"Brainplow" SVD Sniper Rifle, Page 4 More weapon blueprints highlighted:"Sunburst" GS45 Pistol, Page 4"Silverbite" Krig C Assault Rifle, Page 5"Truce" Knife Melee, Page 6"Route" XMG Light Machine Gun, Page 7 Even more Season 2 weapon blueprints:"Thronebuster" 9mm PM Pistol, Page 8"Dethroned" AMR Mod 4 Sniper Rifle, Page 8"Shadowed" Tanto .22 Submachine Gun, Page 9"Kill Bit" Power Drill Melee, Page 9 The "Blacksmoke" AMR Mod 4 sniper rifle blueprint as a BlackCell instant reward. The "Tourniquet" and "Death Chamber BlackCell" weapon blueprints for the Feng 81 light machine gun. The "Death Blow" and "Death Blow BlackCell" weapon blueprints for the Cypher 091 assault rifle. The "Pythosnicus" and "Pythonicus BlackCell" Mastercraft weapon blueprints for the ASG-89 shotgun. The "Gloomnaught" and "Gloomnaught BlackCell" Reactive weapon blueprints for the PPSh-41 submachine gun. A selection of Spray patterns in the battle pass:"Improvised" Sticky Grenade Skin (Lethal), Page 2"Dead Center" Reticle (Optic Attachment), Page 3"Crossbow" (Underbarrel Attachment), Page 7"Light Touch" Reticle (Optic Attachment), Page 8"Flight" Reticle (Optic Attachment), Page 14 The Season 2 battle pass also includes additional content from the following categories:CoD PointsWeapon CharmsWeapon Large DecalsWeapon StickersGobbleGums (13 total, various rarities and powers)Finishing MovesEmblems (some animated)Calling Cards (some animated)Loading ScreensClan Tag (BlackCell only)Consumable 2XP & 2WXP Tokens The Nocturne "Obsidian" and "Maul" skins earned for completing the battle pass. The "Tracer Pack: The Terminator Ultra Skin" bundle includes a new operator featuring two ultra skins: the human-like "T-800" and the cyborg "Endo Titanium Core." The "Tracer Pack: Death Mosh Mastercraft" bundle includes the "Calamity" ultra skin, the guitar-shaped "Shred" Mastercraft weapon blueprint for the new Feng 82 LMG, and other metal-inspired cosmetic items. The "Tracer Pack: Radiant Blight Mastercraft" operator bundle includes the half-angel and half-devil animated "Paradox" ultra skin for Sev, three weapon blueprints, and more. The "Tracer Pack: Strange Abyss Mastercraft Reactive" bundle includes the creepy "Saltwater" operator skin for Toro, two weapon blueprints, and additional cosmetics. The "Tracer Pack: Falconer Ultra Skin Mastercraft Reactive" operator bundle includes the cel-shaded "Falconer" ultra skin for Caine, a Mastercraft Reactive melee blueprint for the Cleaver, and additional cosmetics. The "Tracer Pack: Year of the Snake Ultra Skin" bundle celebrates the Year of the Snake. This pack includes the "Vibrant Serpent" ultra skin for Adler, three weapon blueprints, and other cosmetics. Lastly, additional shop packs were teased to arrive later in the season, including the "Tracer Pack: Street Legal" bundle, the "Forever Alone" bundle with a heart-shaped operator, and the "Tracer Pack: Bank Roll Ultra Skin Reactive" bundle.
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