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Despite the fee of 0.03 million yen, ChatGPT and other services are becoming popular among the general public in the U.S.
There is a free version of the AI chatbot ChatGPT, but there is also an option to pay up to $200 per month (about 0.03 million yen) for unlimited access to more advanced models. Paid apps like the AI image generation app "Midjourney" and the design app "Canva," which cost around $10 per month, are also reportedly gaining popularity. According to a recent Gallup poll, more than 35% of Americans use AI-equipped products at least once a week.
Berkshire "as promised" increased its Shareholding in Japan's five major trading companies, with an average holding ratio close to 10%.
The shareholding ratios of Mitsui & Co. increased from 8.09% to 9.82%, Mitsubishi Corporation's shareholding rose from 8.31% to 9.67%, Sumitomo Corporation's shareholding increased from 8.23% to 9.29%, Itochu Corporation's shareholding was raised from 7.47% to 8.53%, and Marubeni Corporation's shareholding went up from 8.30% to 9.30%. Munger once stated that Buffett's bet on the Japanese stock market is a "once in a century" opportunity, as the low interest rate environment allows investors to achieve substantial returns at almost zero cost.
The Nikkei average is up about 430 yen, with the top gainers among the adopted stocks being Mitsubishi Heavy Industries, Mitsubishi Electric, and Hitachi Construction Machinery, etc.
On the morning of the 17th, the Nikkei Average rose about 430 yen compared to the end of last week, fluctuating around 37,480 yen. At 10:22 AM, it reached 37,561 yen and 21 sen, up 508 yen and 11 sen. Following the rebound of both the NY Dow and the Nasdaq Composite Index in the US stock market on the 14th, buying began in the morning. However, after the buying frenzy subsided, the US stock index futures traded softly in Extended hours trading, and the dollar-yen exchange rate slightly shifted towards a stronger yen compared to the morning level, limiting the upside.
The Nikkei average dropped by 817 yen, sharply falling for the first time in three days, closing below 37,000 yen for the first time in five and a half months on the 7th afternoon session.
On the 7th, the Nikkei average stock price fell sharply by 817.76 yen compared to the previous day, settling at 36,887.17 yen, marking a dive for the first time in three days. The TOPIX (Tokyo Stock Price Index) also dropped by 42.82 points to 2,708.59 points. As uncertainty around U.S. tariff policies emerged, U.S. stocks declined, causing Japanese stocks to open with a Sell bias. Although the Nikkei average showed some resistance at times, it was pressured by position adjustment selling due to weekend factors, and by 3:06 PM, it had fallen by 891.31 yen to 36,000.
Porsche and Volvo have their unique style in Self-Driving Cars.
Self-Driving Cars featuring sporty movements like that of programmed Porsche Autos and those adjusted to a cautious pace like Volvo Autos, are reported to not only drive themselves in the future but also to have unique driving styles by utilizing software and Artificial Intelligence (AI). It seems that semiconductor manufacturer NVIDIA is already developing AI-based technology for Auto Manufacturers to construct personalized driving systems that reflect their brand.
DeNA has established a partnership agreement with Yokohama Red Brick.
On the 6th, DeNA announced that it had signed a partnership agreement with Yokohama Red Brick (in Yokohama City, Kanagawa Prefecture) on February 25, aiming to enhance the accessibility around Kannai Station and the Yokohama Red Brick Warehouse, and to realize a vibrant town development. As the first initiative based on this partnership agreement, from the 20th to the 23rd, in collaboration with "Dog Walk at Red Brick" to be held at Yokohama Red Brick Warehouse, DeNA will host "Dog Walk to Hamasta" in Yokohama Park.
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