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Produced by Daniel Aharonoff & Mogul Media AI

Bitcoin's All-Time High: Adjusting for Inflation

Bitcoin's All-Time High: A Perspective on Inflation Adjustments As Bitcoin inches closer to its all-time high, the cryptocurrency landscape is buzzing with discussions about whether its previous peak should be adjusted for inflation. With the U.S. Bureau of Labor Statistics' Consumer Price Index (CPI) inflation calculator suggesting a revised target of approximately $75,000, the debate intensifies. This adjustment isn't merely academic; it reflects the evolving role of Bitcoin in the financial ecosystem, especially as it vies for status as a serious inflation hedge. Understanding the All-Time High Previous Peak : Bitcoin reached an all-time high of nearly $69,000 in November 2021. Inflation Adjustment : Adjusting for inflation brings the real target closer to $75,000, emphasizing the need to consider economic conditions over time. Bitcoin as an Inflation Hedge Despite the volatility associated with Bitcoin, it continues to be regarded as a potential safeguard a
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Produced by Daniel Aharonoff & Mogul Media AI

Revolutionizing Home Robotics: A Closer Look at 1X's NEO

1X, a robotics startup, has recently unveiled its latest humanoid robot, NEO, which is poised to revolutionize household tasks through its bipedal locomotion and AI-powered conversational abilities. With an emphasis on lifelike appearance and the capacity to understand verbal commands, grasp objects, and execute chores traditionally reserved for humans, 1X is positioning itself as a key player in the realm of home robotics. The recent announcement of $100 million in Series B funding, spearheaded by EQT Ventures, signals a significant milestone for 1X as it gears up to dominate the burgeoning field of domestic robotics.

Key Points About 1X and NEO:

  • 1X has secured $100 million in Series B funding led by EQT Ventures to fuel its growth and market penetration.
  • CEO Bernt Øivind Børnich expressed gratitude for the support from investors and outlined plans for scaling data collection for Embodied AI and consumer availability of NEO.
  • NEO represents 1X's latest innovation in the realm of home robotics, building upon the foundation laid by the previous model, EVE.
  • The partnership with OpenAI, which facilitated a $23.5 million investment round, underscores the potential of 1X's AI and robotics integration.
  • EQT Ventures' Ted Persson expressed confidence in 1X and NEO's pivotal role in shaping the convergence of technology and humanity.

With the backing of prominent investors and a clear vision for advancing the capabilities of robotics in everyday life, 1X and its NEO robot are poised to make significant strides in the domestic robotics landscape. The fusion of AI and robotics heralds a new era of innovation and efficiency, propelling us towards a future where androids like NEO seamlessly integrate into our daily routines, offering unparalleled assistance and companionship.

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