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On August 30th, according to multiple foreign media reports, a recent research report on the AI industry released by Barclays Bank in the UK pointed out that for every $100 in revenue earned by AI model companies, approximately $35 to $40 flows to the three major cloud giants—Amazon Web Services (AWS), Microsofts Azure cloud service platform, and Google Cloud Platform (GCP)—in the form of inference computing power fees. Cloud service providers can obtain approximately $10 to $20 in operating profit from this, corresponding to an operating profit margin as high as 35% to 45%. Meanwhile, the profit margin of AI labs paid inference business has risen significantly, from a low double-digit level in 2025 to 50% to 65% or even higher in 2026, with adjusted gross margins increasing by 30 to 50 percentage points year-on-year. Barclays analysts believe that the actual profit margin may be higher than the reports estimates, but as competition in cutting-edge models intensifies and computing power supply continues to increase, profit margins are expected to gradually decline.NASA’s next-generation flagship space observation platform, the Nancy Grace Roman Space Telescope, was launched from Florida aboard a SpaceX Falcon Heavy rocket.On August 30, a ferry carrying approximately 270 passengers capsized in Cyprus. The extent of casualties is currently unknown.August 30 - The Lebanese National News Agency reported that Israeli forces dropped flares over the Aita Jbeil forest in the Bint Jbeil region of southern Lebanon this morning, causing a fire.Market news: A passenger ship carrying approximately 270 people sank off the coast of northern Cyprus, and search and rescue operations are underway.

The conclusion of the Argentine truckers' strike increases grain shipments

Charlie Brooks

Jul 01, 2022 11:36


The Argentine truckers' strike ended on Thursday, when several unions incensed by fuel shortages reached an agreement to terminate the one-week protest near the vital port of Rosario, which is expected to assist future grain exports.


The truck driver's protest over high gasoline prices has halted shipments of corn and other goods, just as the bulk of the harvest was making its way to ports for export to worldwide markets.


Due to the exclusion of a few tiny truckers groups from the deal, however, it is possible that certain protests may continue.


Argentina is the second-largest exporter of maize, the top exporter of processed soy oil and meal, and a major supplier of wheat and beef.


One of the unions, Autoconvocados Unidos, issued the following statement: "Despite our dissatisfaction (with the latest settlement of truck freight rates) and in light of the present crisis in our country, we have chosen to halt the strike."


The union described their action as an act of kindness.


The number of trucks entering ports surged by 70 percent on Thursday compared to the previous day, reaching approximately 1,500 vehicles, as reported by the Rosario grains market.


The Rosario ports are the departure point for 80 percent of Argentina's agricultural exports, the vast majority of which are transported by truck.


The ability of trucks to access the port is returning to normal, according to the manager of the country's marine port chamber, Guillermo Wade.


Additionally on Wednesday, the transport ministry secured a deal with non-striking agricultural and transport groups to hike grain freight charges by 25%.


However, the majority of protesting unions, led by the UNTRA truckers' union, felt the rate increase insufficient and chose to dismantle highway blockades.


The head of the UNTRA, Carlos Geneiro, said, "We have far greater expenses than that."