Latest news with #EnriqueAbeyta
Yahoo
28-06-2025
- Business
- Yahoo
The Backbone of America's Next Industrial Boom Is Being Built Right Now, Says Market Insider
Wall Street insider says a breakthrough AI system may become the foundation of U.S. technological dominance—powered by new federal priorities and private innovation WASHINGTON, June 28, 2025 (GLOBE NEWSWIRE) -- In a detailed report by a former $4 billion hedge fund manager, the next great American infrastructure buildout isn't happening in factories or freeways—but in data centers, server rooms, and AI training facilities. Enrique Abeyta, a veteran of Wall Street's tech boom cycles, points to a powerful AI system known as Dojo—designed to process real-world video at massive scale—as the kind of infrastructure investment that could define the next decade. 'This is how you train the most advanced AI in the world,' Abeyta said. 'Dojo can analyze over 160 billion frames of video per day… and it's just getting started'. A System Built for Scale Dojo is already being used to power neural networks for autonomous vehicles, but analysts say its reach could extend much further. 'Dojo applications longer-term can extend beyond the auto industry,' according to Morgan Stanley . From robotics and healthcare to military systems and industrial automation, Abeyta believes this class of computing will be as foundational to the AI age as railroads were to the industrial era. Backed by Federal Dollars Dojo's development partner is 'expecting to receive billions of dollars from the Trump administration,' following the signing of a new executive order: 'Removing Barriers to American AI Innovation'. 'President Trump wants to make America the AI superpower of the world,' Abeyta said. 'And this technology is part of that ambition'. Countdown to Deployment The system's first major real-world deployment is expected August 1st, when a full self-driving platform trained on Dojo is scheduled for release. 'That's when this AI infrastructure stops being theoretical,' Abeyta said. 'It becomes real—and it starts scaling'. About Enrique Abeyta Enrique Abeyta is a former Wall Street hedge fund manager who oversaw up to $4 billion in assets. He now publishes Breaking Profits, a research service focused on disruptive technologies and macroeconomic shifts, delivering institutional-level insight to everyday readers. Media Contact:Derek WarrenPublic Relations ManagerParadigm Press GroupEmail: dwarren@ while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
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
26-06-2025
- Business
- Yahoo
America's Next Great Export? According to a report by Former Wall Street Insider, Elon Musk's AI Engine May Be It
Wall Street veteran says Dojo supercomputer could rival AWS—and reshape global AI dominance 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 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 WarrenPublic Relations ManagerParadigm Press GroupEmail: dwarren@
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
02-06-2025
- Business
- Yahoo
'It Won't Be China That Takes Control — It'll Be Musk': Enrique Abeyta Says Trump's AI Order Hands Elon the Reins of America's Machine Future
WASHINGTON, June 01, 2025 (GLOBE NEWSWIRE) -- Most headlines worry about foreign AI dominance. But former hedge fund manager Enrique Abeyta sees a different threat rising from within. Abeyta explains in his recent briefing that with Elon Musk's AI supercomputer Dojo accelerating toward national rollout — and President Trump's executive order removing the last legal barriers — Abeyta warns: 'It won't be China that runs the machine economy. It'll be Musk.' 'Trump just ensured Dojo stays American. But in the process, he handed Musk the keys.' Domestic Superpower: What Musk Built Dojo isn't just a chip or a data project. It's a complete, real-time AI system that's: Trained on 160 billion frames of daily real-world video Built on a proprietary chip 6x faster than Nvidia's top processor Designed to control machines in motion — not simulations Tesla's next step? The June 1st launch of a fully autonomous robotaxi — no pedals, no steering wheel, no driver. Trump's Order Removes the Last Obstacle President Trump's 'Removing Barriers to American AI Innovation' executive order gives domestic AI leaders unprecedented freedom to develop and deploy systems like Dojo without traditional oversight. One key partner in Musk's AI ecosystem is already 'expecting to receive billions of dollars from the Trump administration.' The stated goal: outpace China. The result? Musk now operates the fastest, most government-aligned AI infrastructure in the country. About Enrique Abeyta Enrique Abeyta is a former hedge fund manager who tracked high-level capital movements and strategic shifts across markets, infrastructure, and policy. After managing nearly $4 billion in institutional capital, he now leads Breaking Profits, a research platform dedicated to exposing the next generation of power systems shaping America's future. Media Contact:Derek WarrenPublic Relations ManagerParadigm Press GroupEmail: dwarren@ in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
