World Bank Raises $100b | $200 ChatGPT | Amazon Drones

World Bank raises record US$100 billion for aid to poorest nations

The World Bank has received pledges to deploy a record $100 billion for aid to the poorest nations.

This funding will support the International Development Association (IDA), which provides low-interest loans and grants.

Seventeen donor countries increased their pledges by 25%, with ten increasing by 40% or more.

Over the past decade, the IDA has deployed $270 billion, helping extend health services, electricity, and clean water access to millions.

OpenAI launches $200 ChatGPT subscription for research use

OpenAI has launched ChatGPT Pro, a $200-per-month subscription plan.

The plan includes access to advanced models like o1, o1 mini, GPT-4o, and Advanced Voice.

o1 Pro Mode offers improved computational power for complex problem-solving.

The subscription is aimed at professionals and researchers needing high precision in fields like data science, programming, and law.

Amazon successfully tests using delivery drones in Italy

Amazon completed a successful test flight of its delivery drones in Italy on December 4, 2024.

The test used the new MK-30 drone, which features advanced automation and computer vision technology to navigate safely around obstacles.

This test marks a significant step towards launching Amazon's Prime Air drone delivery service in Europe, with plans to introduce the service in Italy in 2025.

Amazon is working closely with Italian authorities to meet all regulatory requirements for the service.

Market Updates

  • Wall Street opens higher after November job growth soars.

  • Lululemon increased its full-year earnings forecast due to strong international sales.

  • AMC falls following an announcement to potentially sell up to 50 million shares.

  • GameStop jumps after cryptic post from 'Roaring Kitty' rekindles retail hype.

     

Joke of the Day!

What do you call a bear with no socks on?

Barefoot.

Generative AI Photo of the Day!

Credit: DALL-E 3

Prompt: Tiny potato kings wearing majestic crowns, sitting on thrones, overseeing their vast potato kingdom filled with potato subjects and potato castles.

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