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Apple has partnered with Google for a multi-year collaboration, utilizing Google's Gemini models and cloud technology to enhance Siri. This partnership is expected to improve Siri's capabilities and solidify Google's position in the AI ecosystem, pushing its market value past $4 trillion. The collaboration marks a shift in Apple's AI strategy, moving away from OpenAI, which may face challenges as Apple develops its own AI solutions. Analysts predict that Apple will launch AI-driven subscription services, potentially impacting ChatGPT's user base.
Anthropic launched a medical version of Claude, supporting the integration of personal health data from Apple Health, and promises not to use customer data to train models. The new features comply with HIPAA standards and are designed to securely handle protected health data. Users can export health data from applications like Apple Health and share medical histories with healthcare providers. 85% of users reported improved work efficiency. Partners include Banner Health, Novo Nordisk, and Stanford Medicine
The status of international oil companies in Venezuela has been significantly impacted by the recent capture of President Nicolas Maduro by U.S. forces. Foreign firms, including BP, Chevron, and Eni, face challenges due to U.S. sanctions and the need for authorizations to operate. BP and Trinidad's National Gas Company received a license for exploration, while Chevron continues to export crude. Other companies like ConocoPhillips and ExxonMobil are dealing with financial disputes from past expropriations. Overall, Venezuela's oil exports are at a standstill, affecting global energy supply.
Trump "lightning strike" Venezuela a month ago had hinted to U.S. oil executives to "be prepared," but did not disclose the details of the action. After the action, the White House announced an ambitious energy revival plan, calling for U.S. companies to invest billions of dollars to transform Venezuela's oil fields. However, oil giants including Chevron and Exxon Mobil have taken a cautious stance, citing political stability and capital safety as reasons for inaction
Major stock indexes and oil prices surged following a U.S. military strike in Venezuela, with the Dow hitting a record high. Energy stocks, particularly Exxon Mobil and Chevron, saw significant gains. President Trump announced temporary U.S. control over Venezuela and plans to meet oil executives to discuss production. Gold prices rose due to safe-haven demand, while the dollar index fell slightly. Traders are awaiting key economic data this week, including the December jobs report, which may influence Federal Reserve policy.
