Experienced CEOs know that brand equity can be a company’s most valuable asset, one that often doesn’t appear on the balance sheet. Companies build trust, credibility, and goodwill over decades through consistent performance. But as any chief executive knows, the strongest brands are rarely destroyed by their competitors. More often, brands are weakened by a
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El Niño is back with a vengeance. A mammoth patch of warm water is growing in the equatorial Pacific Ocean, and the US National Oceanic and Atmospheric Administration is giving four-in-five odds that the disruptive climate phenomenon will turn into a “very strong” event by the end of the year. Some forecasters say this El
Elon Musk is betting that the next phase of his sprawling technology empire will require a building on a scale that has never existed before. SpaceX and Tesla are building Terafab, a 100-million-square-foot semiconductor manufacturing facility in Grimes County, Texas, more than five times the size of the world’s largest building. “Terafab Texas will be the
In the UK, meanwhile, the prolonged dry spell is increasing pressure on already-stretched water supplies. England and Wales recorded their driest July since records began 190 years ago, according to the Met Office, while large parts of England and all of Wales have already been officially declared in drought. The Environment Agency has warned that
The most powerful AI models keep going awry, according to the companies building them. The disclosures come as frontier AI models get more powerful and more capable of acting autonomously. They also highlight a growing challenge for the companies building them —the systems designed to test increasingly capable models can have weaknesses of their own.