Latest news with #Abeyta
Business Upturn
26-06-2025
- Business
- Business Upturn
America's Next Great Export? According to a report by Former Wall Street Insider, Elon Musk's AI Engine May Be It
BALTIMORE, June 25, 2025 (GLOBE NEWSWIRE) — According to a report from former $4 billion hedge fund manager Enrique Abeyta, Musk's Dojo supercomputer – powered by a proprietary chip six times faster than current industry leaders – is now being positioned to serve other companies. This is similar to what Amazon Web Services did in the 2000s. 'Elon Musk has confirmed that Dojo has the potential to become a sellable service… the same way Amazon Web Services offers web services,' Abeyta said Advertisement AI Infrastructure Built to Scale Originally developed to power autonomous vehicles, Dojo can process 160 billion video frames per day and is designed to train vision-based AI for industries ranging from healthcare to defense Morgan Stanley analysts call Musk's chip 'more efficient… potentially at a fraction of the cost' compared to traditional hardware Washington Backs the Buildout Dojo's main development partner, according to Abeyta, is 'expecting to receive billions of dollars from the Trump administration' to support AI infrastructure expansion in the U.S. 'President Trump wants to make America the AI superpower of the world,' Abeyta said About Enrique Abeyta Enrique Abeyta managed up to $4 billion across multiple hedge funds during his 25-year Wall Street career. Now, through his monthly publication Breaking Profits, he shares professional-grade research with everyday readers. Media Contact: Derek Warren Public Relations Manager Paradigm Press Group Email: [email protected] Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same.
Yahoo
25-06-2025
- Automotive
- Yahoo
Elon Musk's AI Superchip Set for August 1st Reveal, According to Wall Street Veteran
New technology could power the most advanced autonomous systems ever built—and reshape the AI landscape in the process WASHINGTON, June 25, 2025 (GLOBE NEWSWIRE) -- Wall Street veteran Enrique Abeyta is calling attention to a new AI development from Elon Musk: a custom-built superchip designed to power Musk's Dojo supercomputer and enable fully autonomous systems. According to Abeyta, the chip is already 'six times more powerful than [Nvidia's] best-selling chip' and built specifically for AI that 'functions like the human brain.' Autonomous Launch Incoming The first major use of this new AI chip is expected on August 1st, when Musk plans to release the final version of Tesla's full self-driving software for the company's new Robotaxi—a fully autonomous vehicle with no steering wheel or pedals. Abeyta says the launch 'will be blasted on every major news network' and could spark a 'massive shift in how AI is used in real-world environments.' Beyond Cars: A Multi-Industry Breakthrough The technology's potential extends far beyond autonomous vehicles. 'Dojo is designed to process visual data,' says Abeyta, 'so it can be used for any vision-based AI model,' including robotics, drones, and healthcare. Morgan Stanley analysts agree: 'Dojo applications longer-term can extend beyond the auto industry.' Policy Support from Washington With the U.S. government pushing AI innovation under President Trump's new executive order, Abeyta reports that Musk's partner company is 'expecting to receive billions of dollars from the Trump administration.' 'This is all part of the effort to make America the AI superpower of the world,' Abeyta said. About Enrique Abeyta Enrique Abeyta spent 25 years managing hedge funds on Wall Street, overseeing up to $4 billion in assets. He outperformed the market during two of the biggest financial crashes in modern history and now shares his research with the public through his monthly publication, Breaking Profits. Media Contact:Derek WarrenPublic Relations ManagerParadigm Press GroupEmail: dwarren@
Yahoo
23-06-2025
- Politics
- Yahoo
'I'm done with guns.' El Paso man arrested with gun at 'No Kings' protest gets PR bond
An El Paso man accused of displaying a handgun in a vehicle while passing "No Kings" protesters was granted a personal recognizance bond by a magistrate judge. Michael Edward Abeyta, 47, was arrested on Saturday, June 14, after a quick response by the El Paso Police Department as hundreds of protesters demonstrated against what they said were the dictator-like politics of President Donald Trump. Similar coordinated "No Kings" protests took place in more than 2,100 cities and towns across the nation, including in nearby Las Cruces. Abeyta faces a charge of unlawful carrying of a weapon, a Class A misdemeanor. He had been held on a $2,000 bond at the El Paso County Jail in Downtown since his arrest. Abeyta was to be released on Monday, June 16, after Magistrate Judge Antonio Aun granted him a personal recognizance, or PR, bond requiring no money, at a teleconference bond hearing that morning. As part of the terms of release, the judge prohibited Abeyta from possessing any weapons, firearms or ammunition while awaiting trial. "Yes, sir. I'm done with guns," Abeyta responded, before Aun cautioned him not to say anything that could be considered an admission that could be used in court. Police spokeswoman Detective Judy Oviedo said that the gun incident was the only arrest in what was otherwise a peaceful "No Kings" demonstration on a more-than-100-degree day in El Paso. Protesters waved signs at Edgemere Linear Park and along the sidewalks of Edgemere and Airway boulevards in East-Central El Paso. There was a police presence at the demonstration as a safety measure, stated a police news release issued by Sgt. Javier Sambrano. About 12:40 p.m., a police officer advised over the radio that an unknown man, later identified as the Abeyta, had a weapon inside a black Kia car traveling through the protest, Assistant District Attorney Jessica Lamberth said at the hearing. A protester had reported that the man was in the passenger seat of the car with an unholstered gun on top of the dashboard in plain view, Lamberth said. Abeyta allegedly admitted placing the gun on the dashboard after officers on bicycles stopped the car and found the gun on the floorboard, Lamberth said. "I know he thinks that somebody had kicked his car or done something to his car," Judge Aun commented, while questioning if pulling out a gun was the right thing to do. More: El Paso joins national protests against ICE raids and military deployment A social media video showed Abeyta wearing an orange T-shirt and camouflage shorts while being arrested. Jail records indicate that he was also booked on seven traffic warrants, which were later deemed "time served." Abeyta stated at the hearing that he resides on the East Side and is a lifelong El Pasoan, a legal permanent resident who was adopted from Mexico as a baby. Archives: El Paso man gets prison for racist video threat to kill Black Lives Matter protesters More than five million people across the nation are estimated to have participated in the largely peaceful protests, according to the American Civil Liberties Union, a coalition partner that organized the demonstrations, as reported by USA Today. The protests devolved into violence in some cities. Baton-wielding police clashed with protesters in downtown Los Angeles. A man intentionally drove an SUV into a crowd in Virginia, and a bystander was killed in a shooting in a confrontation between a man with a rifle and a peace-keeping team at a protest in Salt Lake City. Daniel Borunda may be reached at dborunda@ and @BorundaDaniel on X. This article originally appeared on El Paso Times: El Paso man gets PR bond in 'No Kings' protest gun arrest
Boston Globe
04-06-2025
- General
- Boston Globe
Trump's diplomacy with Russia has left some US soldiers fighting in Ukraine puzzled
Just weeks into his deployment, that conviction collided with a bitter political reality back home. 'It was embarrassing, coming over here, sacrificing so much — then seeing our top leaders behaving that way,' Abeyta told The Boston Globe in early May, referring to the acrimonious White House meeting among President Trump, Vice President JD Vance, and Ukrainian President Volodymyr Zelensky, on Feb. 28. Advertisement Many American fighters like Abeyta who are embedded in Ukraine front lines told the Globe they have been left angry and disillusioned by Trump's erratic position on Ukraine, as the president alternates at times between threats and diplomacy. More than three years into the war, Americans are continuing to join the Ukrainian army to battle Russia, seeing themselves as protectors of democracy and freedom. But Trump's tough stand on Ukraine has been seen as an ideological betrayal by many who want the US to take a more aggressive approach to defending Ukraine. At the same time, they are hopeful Trump's growing frustration with Russian President Vladimir Putin — combined with Ukraine's latest battlefield victories — could mount more pressure on Putin to agree to a ceasefire. Advertisement Just two weeks ago, after a two-hour call between Trump and Putin on May 19, there had been cautious optimism that a ceasefire deal might be within reach. 'For me and my teammates, it was a breath of fresh air that direct communication was finally occurring between Trump and Putin,' Abeyta said in a phone interview from Ukraine. But this Sunday Ukraine launched a drone attack on Russian air bases on the eve of cease-fire negotiations between Ukraine and Russia in Turkey. A swarm of explosive-laden drones hidden inside wooden cabins mounted on cargo trucks were smuggled deep into Russian territory and launched remotely. Ukraine's domestic Security Service, USB, claimed the covert operation, codenamed Spider Web, destroyed about 40 long-range Russian bombers, marking one of the most decisive victories for Ukraine. The attack came a week after Russia launched its largest aerial assault on Ukraine, with a barrage of 355 drones, prompting Trump to threaten Russia with new sanctions. Since Russia's full-scale invasion in February 2022, scores of American fighters have joined Ukraine's armed forces. Early in the war, Ukrainian Foreign Minister Dmytro Kuleba said over 20,000 volunteers from 52 countries had enlisted in the International Legion. Today, the exact number of American fighters is unknown. The Ground Forces command under the International Legion, the military unit that recruits foreigners, did not respond to a request on the current number of Americans serving or new registrations since the start of this year. Brigade commanders, press officers, and volunteers on the ground cited security reasons for withholding numbers but said interest remains strong and recruitment of foreigners is ongoing. The Globe conducted face-to face and telephone interviews with nearly a dozen Americans, as well as other fighters from Western countries, based in Kharkiv, Kyiv, Lviv, and Kherson. Among them were men in their early 20s who have arrived without any military experience, as well as US Army veterans who joined Ukraine early in the war. Advertisement Mark J. Lindquist, 43, from Minnesota, has been volunteering in Ukraine since March 2022. He said there was definitely a big spike in volunteers when the war started and then it dipped after August 2022. 'There were thousands who circled through. They come in, serve for six months and go back,' said Lindquist, a US Air Force veteran who served from 2006 to 2012. Putin's invasion in February 2022 marked the largest ground war in Europe since World War II and triggered a geopolitical crisis that shows no sign of resolution. Hundreds of thousands of soldiers have been killed or wounded on both sides. Russia currently occupies a fifth of Ukrainian territory. Ukraine has accepted a full 30-day unconditional cease-fire proposed by the US, but Russia rejected it. Putin wants to retain the territorial gains he has made and wants Kyiv to accept the loss of Crimea. He has also demanded that Ukrainian troops retreat from Donetsk, Luhansk, Zaporizhzhia, and Kherson Oblast regions in Ukraine. American volunteers said their mission is simple — stand up to tyranny. 'I am here because the American way is to aid,' said another American soldier in Kharkiv, who asked to be identified by his call sign, Oracle, 23, out of fear for his family's safety. A US Army veteran, who served three years in the 10th Mountain Division, Oracle said he has been in Ukraine since October to 'kick the bully's ass.' Advertisement A former Trump supporter, he said he was angry about the way Trump was handling the Ukraine issue. 'This complete turnaround, 180 degree (turn) of cutting all ties and supplies to Ukraine; it is almost like he is wanting Ukraine to lose,' he said. Irrespective of what the Trump government does, Oracle said, he is not afraid to die fighting. 'I have done everything in my life I wanted to except start a family. I have come to terms with the fact that no matter what I do, in the end I am going to die.' Many Americans who have been in Ukraine since the start of the war said they have no intention of leaving — no matter how long the war drags on. Rebekah Maciorowski, 30, a combat medic from Denver, has been in Ukraine since March 2022. Now serving as the chief medic with Ukraine's 53rd Separate Mechanized Brigade in Kherson Oblast, she said her mission remains unchanged, regardless of what unfolds in Washington. 'What I can do right now to help Ukraine is doing the exact same thing that I have been doing, without giving up,' she said. She said the Ukrainian soldiers she treats are also focused on survival and resistance. 'They know nobody is coming to save them. So, they will keep fighting. And so do we.' In Kharkiv, another US veteran, Zachary Jaynes, 31, from South Carolina, said he has thought about going back home a few times but could not. 'You cannot really move on and find peace when missiles are still raining down on you and your friends,' said Jaynes, a former Army Ranger who has served in Afghanistan. Advertisement A 2021 Dartmouth graduate, Jaynes said he was seeking peace at a silent meditation retreat in a Buddhist monastery in Nepal when the war broke out. He faced a choice. 'Stay tucked away in the mountains and away from my past, or go back into the abyss and use my experience and skills from Afghanistan to do a little bit of good,' he said, recalling his thought process. He chose the latter. 'Now, I have found peace in a strange way — by coming here and being exactly where I should be and doing what exactly I should be doing,' he said. The motivation of Americans who willingly embrace the treacherous trenches and horrors of bloodshed vary. Ukrainian officers who command units with foreign fighters said there are 'democracy defenders' who believe in a just cause, but there are also those who want to run away from the harsh realities of life back home. 'There are three types of people here. Those who come for money, for politics, and those crazies looking for adventure. All three types are welcome here,' said Commander Baiev Anton of the 13th Khartiia Brigade. His unit includes soldiers from at least 13 countries — the US, UK, France, Germany, and Italy among them. They make a real difference, he said. 'It is a morale boost. Their presence raises the morale of Ukrainian soldiers. It is a message that they are not alone in this fight,' he said. Meanwhile, on the northern front lines in Kharkiv that border Russia, Trump's shifting policies on Ukraine have reverberated. 'As soon as that White House meeting occurred, we started getting artillery barrages. We kept getting hit by drones a lot more,' said Abeyta. Advertisement 'Trump's direct involvement translates to the number and intensity of attacks our units receive,' he added. This reporting was supported by the International Women's Media Foundation's Women on the Ground: Reporting from Ukraine's Unseen Frontlines Initiative in partnership with the Howard G. Buffett Foundation.
Yahoo
01-06-2025
- Business
- Yahoo
Fastest AI Deployment in History? Enrique Abeyta Says Elon Musk's Dojo Is Moving at a Pace No One Can Match
BALTIMORE, June 01, 2025 (GLOBE NEWSWIRE) -- While Big Tech labors over AI models behind closed doors, Elon Musk is doing something radically different: deploying his AI in the real world at full speed. And according to former hedge fund manager Enrique Abeyta's recent briefing, that changes everything. 'This isn't a software project anymore,' Abeyta says. 'This is a live system — hardware, data, chips, and a nationwide rollout happening right now.' From Lab to Street in Record Time At the center of this acceleration is Dojo, Musk's custom-built AI training platform. Fed by 160 billion video frames daily from Tesla's global fleet, Dojo adapts and evolves without human oversight. Its breakthrough? A proprietary chip, built in-house, that's now said to be six times faster than Nvidia's most popular AI processor. Musk didn't just move quickly — he skipped the usual supply chains, built his own infrastructure, and is now poised to launch a fully autonomous robotaxi by June 1st. No pedals. No steering wheel. No fallback controls. Government Is Already in Motion The U.S. government isn't far behind. Just weeks ago, President Trump issued an executive order titled 'Removing Barriers to American AI Innovation' — aimed at accelerating systems just like Dojo. One company tied to Dojo's infrastructure is reportedly 'expecting to receive billions of dollars' in federal support. 'If you want to see what real AI deployment looks like — not theory, not code — watch Musk. He's doing it first,' Abeyta notes. The First-Mover Advantage Now Belongs to Tesla Abeyta believes we're witnessing the moment AI leaves the lab and enters the world — not in years, but in weeks. With hardware, data, and government alignment all converging, Dojo may not just be a Tesla advantage — it could become a national one. About Enrique Abeyta Enrique Abeyta is a former hedge fund manager who spent 25 years tracking major industrial and infrastructure transformations across global markets. After overseeing nearly $4 billion in institutional capital, he now runs Breaking Profits, a strategic research platform focused on uncovering the systems that move faster — and more powerfully — than headlines ever reveal. Media Contact:Derek WarrenPublic Relations ManagerParadigm Press GroupEmail: dwarren@
