Category: 3. Business

Background

Closed reduction is often used to treat distal radius fractures (DRFs). After that, splint immobilization is used to keep the bone in the right position. But, long—term immobilization can cause problems like joint stiffness, long—lasting swelling, and slow bone healing. Rehabilitation training is a commonly employed recovery modality following conservative management of fractures. However, its efficacy is often suboptimal, primarily attributable to two key factors: nonstandardized rehabilitation protocol design and poor patient compliance with prescribed training regimens in terms of both adherence to schedule and completion of required exercise dosage. Earlier studies show that Fu’s Subcutaneous Needling (FSN) therapy can lessen wrist pain and swelling, and also improve joint movement in patients with fractures of DRFs. But we need more evidence to prove it works. This trial wants to see if combining FSN therapy with rehabilitation training can help promote fracture healing and improve post-fracture symptoms in DRFs better and safer when added to conservative treatment, compared to using sham FSN therapy with rehab exercises.

Methods and analysis

This single-center, sham-controlled clinical trial will enroll 84 eligible patients, randomly allocated to two groups (n = 42). The intervention group will receive FSN therapy, while the control group will undergo sham FSN therapy. The treatment schedule includes three sessions in the first week post-reduction, two sessions per week in weeks 2–3, and one session per week in weeks 4–8, totaling 12 sessions. The primary outcome is the time to radiographic union, assessed using a modified Radiographic Union Score for Tibial fractures (RUST) adapted for distal radius fractures. Secondary outcomes include complications (e.g., pain, swelling), functional recovery (measured by the Disabilities of the Arm, Shoulder, and Hand [DASH] score), and radiographic parameters (e.g., volar tilt, radial height).

Discussion

This study is expected to validate the clinical value of FSN therapy as a safe and effective adjunctive approach for rehabilitation following DRFs, bridging the technical gap between conventional conservative treatment and functional recovery.

‘The feedback from students reflects a growing desire for partnership. They aren’t just asking for permission to use AI, they’re asking for guidance, collaboration, and trust.’ Last year we published an article about Queensland teachers working with academics on an action research project into student use of generative AI and their motivations for turning to the tech. In this update, Georgia Wignall – Senior Education Officer of Pedagogy at Queensland Department of Education – shares fresh insights from students, and how focused professional learning communities are being used to help teachers respond to this feedback.

In 2024, Balmoral State High School partnered with the UQ Learning Lab to investigate student motivations for using generative AI tools like ChatGPT, Gemini and Copilot in their learning. The goal was simple: to better understand how and why students were leaning on these tools, and to use that insight to inform teaching practice.

The findings revealed a clear need to build teacher capability, rethink assessment design, and provide students with explicit guidance around the ethical use of AI.

A year on, we still recognise the importance of explicit instruction around ethical and responsible use of AI tools. However, our current focus centres on building teacher capability through professional learning communities (PLCs) and exploring how assessment can be redesigned to reflect the realities of AI-enhanced learning. 

These PLCs, established across Balmoral SHS, Holland Park SHS, and Brisbane Bayside State College, have become a space for teachers to share practice, experiment with AI tools, and reflect on how to support students in meaningful, ethical ways. Most importantly, they’ve reminded teachers that we are co-learners in this space. We’re not just teaching students about AI, we’re learning alongside them.

To ensure our understanding of student attitudes and behaviours remains accurate, we’ve continued to collect data. This year, we expanded to include student voice from Holland Park SHS and Brisbane Bayside SC (711 participates across year levels – 352 females, 318 males, 14 non-binary and 27 unidentified).

The most recent results offer insights into how students are using AI, what they believe about its ethical boundaries, and how they want teachers to support them.

What’s changed? What’s stayed the same?

Across all 3 schools, student use of AI tools has become more widespread and nuanced. Similar to the 2024 findings, students are using AI across a range of subjects – English, Science, and Maths top the list, with 49% of students reporting using AI in 3 or more subjects, and female students tending to use AI more diversely across the curriculum.

When it comes to the perceptions of cheating and using AI tools ethically, only 24-34% of students believe using AI is cheating. Younger students (years 7 and 8) are still more likely to view AI use as dishonest, while senior students tend to see it as a legitimate support tool. Regardless of age, students consistently agree that copying and pasting AI-generated work is unethical. However, using AI for feedback, grammar checks, or idea generation is seen as acceptable and even helpful.

The most common uses of AI across the schools were for explaining hard concepts (69%), generating ideas (67%), and supporting grammar and punctuation (49%). These numbers reflect a shift from novelty to utility. Seemingly, students are choosing to use AI not to shortcut learning, but to scaffold it.

It helps me learn by explaining hard concepts in a simple way where teachers can’t always provide the same kind of detail. – year 11 student

Trying to answer questions by Googling is too inefficient nowadays. AI allows you to ask a question and get an immediate relevant answer. – year 10 student

AI helps me get going with assignments and generate ideas as well as sources that I can use. – year 11 student

What students want from teachers

One of the most encouraging continuations we’ve seen is in how students view their teachers’ role in supporting AI use. Emerging last year, students want greater clarity and precision around ‘what’s ok’ and ‘what’s not’ – and they want us to be honest about how we’re using it ourselves. Most of all, they want support, not suspicion. Based on our survey students want: 

• Clear boundaries between ethical and unethical AI use

• Practical demonstrations of how AI can support learning
• Transparency about how teachers themselves use AI
• Non-judgmental support when students are exploring AI tools

Encourage AI in situations where it is valid, and demonstrate the many mistakes made by AI and the importance of fact-checking. – year 12 student

Stop accusing students of using it over stupid things like (em) dashes … maybe ask the student if they know what the word means. – year 10 student

Support it while setting boundaries. – year 9 student

The feedback from students reflects a growing desire for partnership. They aren’t just asking for permission to use AI, they’re asking for guidance, collaboration, and trust.

Where to next?

As we move forward, our next steps are grounded in the work we’ve already begun through our PLCs. They have allowed us to build capability in a collaborative, low-pressure environment, where experimentation and shared learning are encouraged.

Each school’s goal now is to gradually transition from these PLCs into whole-school capability building. We want every teacher to feel confident not only in using generative AI themselves, but in guiding students through its ethical and effective use. This shift will support the redesign of assessment practices and ensure that explicit instruction around AI is embedded across subjects, not just in isolated pockets.

Most importantly, we’re embracing the idea that we are co-learners in this space. AI is evolving rapidly, and none of us have all the answers. But by learning together, asking questions, and staying curious, we can shape a learning environment that is both future-focused and grounded in integrity.

Finally, I would like to thank the staff and students at Balmoral SHS, Holland Park SHS, and Brisbane Bayside SC for their participation in this work. Their insights, openness, and willingness to engage have been invaluable. This collaboration continues to shape our understanding and strengthen our shared commitment to co-learning, ethical practice and future-focused education.

Bitcoin’s price has seen a dramatic drop over the past month, dragging its elusive creator’s purported net worth down with it.

Just over a month ago, Satoshi Nakamoto’s total Bitcoin holdings were valued at $137 billion, according to Arkham Intelligence data, based on wallets believed to be connected to the pseudonymous creator.

This made Satoshi the 11th richest person—if it is a single person, that is—in the world, when compared to the Forbes billionaires list, ahead of the likes of Microsoft co-founder Bill Gates. (Forbes doesn’t track Satoshi, to be clear.)

However, with Bitcoin’s decline of more than 30% to a recent price of $87,281, from its all-time high of $126,080 set in early October, Satoshi’s net worth has fallen to $95.8 billion in just over a month. This now places the mysterious founder as the 20th richest person in the world, poorer than Gates at $104.4 billion.

Satoshi Nakamoto is the pseudonym adopted by the creator of Bitcoin when they wrote the white paper in 2008, as well as when talking on forums or via email. Despite countless attempts to unmask Satoshi’s true identity—including a high-profile HBO documentary last year—no one has successfully convinced the public that they have found the right person.

Bitcoin, XRP and Dogecoin Pummeled as Crypto Liquidations Top $2.2 Billion

Crypto experts have been able to determine how much Bitcoin the creator holds. Identified using what is called the Patoshi Pattern—a distinctive pattern of mining only found in the earliest Bitcoin blocks—experts estimate that Satoshi owns approximately 1.1 million BTC, close to the 1.096 million BTC tally that Arkham Intelligence tracks.

That said, Satoshi’s real net worth could be potentially much different from this figure, as we do not know of any off-chain or non-Bitcoin holdings. Equally, Forbes calculates the net worth of billionaires using the individual’s public holdings and estimates the value of private holdings, which could be inaccurate. 

Regardless of Satoshi’s exact net worth, it’s safe to assume that $95.8 billion is a significant portion of their net worth. For that reason, some believe the elusive creator may step out from the shadows as quantum computing advancements threaten to break Bitcoin, also known as Q-Day. 

BitMine Shares Tumble After Earnings as Ethereum Price Falls, Treasury Hype Fades

Proposals have already been made to freeze Satoshi’s Bitcoin due to the looming quantum “existential threat.” Others have suggested a Bitcoin hard fork to quantum-proof the entire network.

However, Joseph Chalom—the co-CEO of SharpLink Gaming, a leading Ethereum treasury company—previously told Decrypt that he believes Satoshi may reveal themself as this hurdle is attempted.

“I have a wild idea that at some point—five, 10 years from now—when the Bitcoin network needs to be quantum-proofed, there will be some really important decisions around standards and encryption,” Chalom said in September. “There’ll be decisions about whether you need to hard fork the protocol [and] what you do with wallets that are dormant.”

Story Continues

By Charlie Garcia

Charlie Garcia responds to readers concerned about weakening demand for both cryptocurrency and U.S. government debt

Editor’s note: Columnist Charlie Garcia shares select emails from his virtual mailbag each week.

Dear Charlie,

I just finished reading your latest article in MarketWatch re: “Bitcoin isn’t dead – it’s having an IPO moment.”

For someone who missed out on bitcoin (BTCUSD) in its initial “IPO,” how can I best get into it now and secure my children’s future?

Thanks,

Ezra

Dear Ezra,

I’m not a financial adviser, so I can’t tell you specifically what to do with your family’s money. But I can share the general framework I think about.

First, let’s kill the idea that you “missed” anything. Missing the “IPO” means you didn’t buy at $1. You also didn’t buy at $1,000, $10,000 or $50,000.

If bitcoin trades where I think it will 20 years from now, the difference between buying at $20,000 and buying at $85,000 will look like a rounding error.

The real question isn’t “Did I miss it?” The question is: “What role should this play in securing my family’s future?”

Read: ‘My retirement is completely in bitcoin’: Why don’t more people do what I do?

The boring truth: Your kids’ future gets secured the same way your grandfather’s did: Spend less than you make; max out retirement accounts; own stuff that pays you to own it; and don’t do stupid things with debt. Bitcoin doesn’t replace this. Nothing replaces this.

Bitcoin is the moonshot: It’s 10% of your portfolio, max, and only if you can watch it crater 50% without selling in a panic and buying a Peloton. It’s what you put there because IF this thing works, that slice changes everything.

Practically: Don’t jump from zero to 10% overnight. Start at 2%-3%. Live with it six months. When it drops 20%, notice whether you’re checking the price every three minutes. If you are, you sized the position wrong.

Dollar-cost average into the investment over 12-18 months. You’re building a position, not timing bottoms. Think 20 years minimum. Your kids will inherit a different world than this one – plan accordingly.

What this isn’t: Betting the mortgage. Replacing college funds. Getting rich quick. If you want your kids’ future secured, do the unglamorous work: Eliminate debt; own productive assets that generate income; teach them money isn’t magic.

Charlie

P.S.: The real risk isn’t buying too late. It’s watching your money instead of watching your kids grow up. One of those is actually irreplaceable.

Dear Charlie,

The concern expressed in your article – “America’s ‘sugar daddy’ just went broke – and you’re stuck with the bill” – might be legitimate if the yen (USDJPY) were the world’s reserve currency.

Despite all the arguments to the contrary, the U.S. does not depend on the sale of Treasurys to pay its bills. Treasurys are provided by the U.S. government as a safe place to earn a return on cash (which is pushed out into the economy by the Fed), and this is all about “Japanese investors can make actual money at home.”Anyone who still thinks the U.S. should retire its “debt” by shutting down the Treasury market has no clue how the U.S. economy actually works.

Mike

Dear Mike,

Fair challenge, but three things:

1. Reserve-currency status gets revoked when abused: Sterling was the reserve currency until the U.K. acted like printing it had no consequences. The U.S. is running the same playbook: $2 trillion deficits in a “strong” economy, 120% debt-to-GDP, Fed monetizing 40% of COVID issuance. History says this ends badly.

2. Japan matters because it was the marginal buyer keeping America’s bond market liquid: When the world’s largest creditor ($1.1 trillion in Treasurys) can earn 1% at home instead of 4.5% here with currency risk, that’s a liquidity event. The carry trade was the lubricant keeping global asset prices inflated. When it reverses, everything reprices.

3. Yes, the U.S. can print dollars, but every dollar created dilutes every existing dollar DXY: That’s not funding, that’s confiscating purchasing power. Treasuries only work if they beat inflation. At 4.5% yields against 6%-8% real inflation, you’re losing wealth annually. Smart money moves to what government can’t dilute.

The question isn’t “Can they print?” It’s “What happens to your wealth when they do?”

Charlie

P.S.: Every reserve currency failed the same way. This is pattern, not theory.

Dear Charlie,

I just wanted to point out that if Japan is selling U.S. Treasury bonds, someone is buying them. If the buyer is the U.S. government, great – they’re reducing their debt. If it’s anyone else, it’s irrelevant to the U.S.To use your bar analogy: Japan has the receipt – they picked up the tab. When someone else buys that receipt from Japan, they can claim they paid the tab. But the bar that issued the receipt is unaffected by this transaction.I’d agree with your premise if Japan leaves a void that no one else has an interest in filling. Which seems improbable to me, at least in the short term.

Ben

Dear Ben,

Great question, and you’re technically right but practically wrong. Let me explain why:

You’re correct that secondary market transactions don’t directly affect the Treasury’s balance sheet. When Japan sells to someone else, the U.S. doesn’t care who holds the receipt. But here’s what you’re missing:

1. Price matters: When Japan sells Treasurys, yields spike because supply overwhelms demand at current rates. You’re right that someone will buy them, but at what price? When yields jump to 5% from 4%, that’s not “irrelevant” to the U.S. America rolls $9 trillion in debt annually. A 1% increase costs the U.S. $90 billion a year.

2. The “void” is already here: Japan held Treasurys because it had no choice. Now Japanese can get positive real returns domestically. China’s been selling Treasurys for two years. Who’s filling that void? The Fed (money printing) and leveraged buyers (unstable). Primary dealers are choking on inventory they can’t move.

3. The bar needs to keep issuing new receipts: If word spreads that receipts aren’t worth as much, the bar has to offer bigger discounts to get people to take new ones. That directly affects the bar’s cost of operation.

The real issue isn’t Japan selling existing bonds; it’s Japan not buying new ones. When your biggest customer stops showing up and you need to keep selling product, you either drop prices or find new customers.

We’re doing both, and neither is free.

Thanks for the sharp question. You can be technically correct and still end up broke.

Charlie

P.S.: Watch the next 10-year U.S. Treasury BX:TMUBMUSD10Y auction. If bid-to-cover ratios keep falling and yields keep rising, that’s your answer about whether this matters.

Dear Charlie,

To borrow from Mark Twain: “Reports of the death of the carry trade were greatly exaggerated… for decades.”

Like the yogurt I find in the back of the break-room refrigerator, it’s past the use-by date. I’ve been conducting experiments with how much wiggle room there is on that date – about 35 days max if you skim the mold off the top.

According to the article, the carry trade is past the point of human consumption. There’s clearly deleveraging happening.

But here’s a possible constructive scenario: In a few months there will be a new Fed chair who will probably attempt to grow the U.S. out of these unsustainable fiscal deficits. If that works, foreign capital flows back to the U.S., the dollar resurges, and longer rates stay subdued.

Right?

Margaret

Dear Margaret,

The yogurt analogy is perfect, except you’re assuming the expiration date on the container is accurate.

With the carry trade, someone has changed the label three times already.

Here’s the problem with your constructive scenario: “Growing out of deficits” requires that productivity grow faster than debt grows. The U.S. is adding $2 trillion in debt annually while GDP grows at 2%-3%.

That’s not yogurt math, that’s compounding insolvency with an optimistic PowerPoint.

The new Fed chair inherits an impossible mandate: keep rates low enough that the government doesn’t bankrupt itself on interest payments, but high enough that the dollar doesn’t collapse and inflation doesn’t rage.

Pick one. You can’t have both. Japan just proved this. They tried to thread that needle for 30 years and the thread broke.

Foreign capital will come to the U.S. for growth, but only if the returns are real. When Treasury yields are 4.5% and inflation is 6%-8%, that’s not investment, that’s a charitable donation.

The smart foreign money is already rotating into hard assets. The dumb money will keep buying bonds until the yogurt kills them.

Your scenario requires three miracles: a productivity explosion, fiscal discipline and central bankers who prioritize currency stability over political convenience. I’ll take the under on all three.

Skimming fungus off expired financial products since 2008,

Charlie

P.S.: The carry trade isn’t dead, it just moved. Now it’s leveraged U.S. equity positions funded by – well, we’ll find out when that unwinds too.

Charlie Garcia is founder and a managing partner of R360, a peer-to-peer organization for individuals and families with a net worth of $100 million or more. He holds bitcoin in his personal account.

Agree? Disagree? Share your comments with Charlie Garcia at charlie@R360Global.com. Your letter may be published anonymously in the weekly “Dear Charlie” reader mailbag. By emailing your comments to Charlie Garcia, you agree to have them published on MarketWatch anonymously, or with your first name if you give permission.

You understand and agree that Dow Jones & Co., the publisher of MarketWatch, may use your story, or versions of it, in all media and platforms, including via third parties.

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China’s Double 11 shopping period this year once again proved the scale of the country’s consumer market: online retail sales reached nearly 2.4 trillion yuan, or $337.69 billion, marking double-digit, year-over-year growth. While major platforms kept sales reports intentionally low-key, several breakout brands delivered performance that cut through the noise.

Among them was Chicjoc. Its “Super Fashion Launch 2.0,” a global livestream co-created with Taobao Clothing, ran for 30 continuous hours and generated more than 100 million yuan in sales — a milestone that has quickly become part of Double 11 lore.

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The achievement offered a counterargument to recent pessimism about China’s consumer sentiment. The market is indeed more complex and volatile than before, but enthusiasm for quality products remains robust and the country’s purchasing potential is far from exhausted. The real challenge for brands today is navigating the shift from “scale dividends” to “innovation dividends” — and capturing the momentum of this era.

Since 2023, WWD China has been tracking the rise of a cohort of high-quality domestic brands. Chicjoc, one of the most internationally ambitious among them, came onto our radar in 2024. Over the past year it has rapidly expanded in global markets: its first U.S. boutique opening, a European debut in Paris, appearances at international fashion weeks, collaborations with overseas designers, and now a landmark livestream that has become a case study across the industry.

Lynn Fu, chief executive officer of WWD China, attributes the brand’s breakthrough to its alignment with market timing, its global supply-and-retail footprint, and its investment in digital and operational capabilities. All of this, she noted, is rooted in a distinctly Chinese approach — one that prioritizes product excellence, brand credibility and a long-term moat of core competitiveness.

Chicjoc’s livestream strategy has evolved into a hybrid runway-show-meets-content-studio format that targets global audiences with day-to-night styling and cinematic storytelling. The format not only expands its consumer reach but also strengthens the brand’s identity.

The foundation for this year’s performance was laid in 2023. That season, Chicjoc introduced film-grade visuals, multi-camera transitions, and scenes recreating the intimacy of a designer atelier. Models showcased new collections while designers offered commentary on fabrics and craftsmanship — a format that underscored the brand’s “intellectual wardrobe” philosophy.

The livestream generated 60 million yuan in sales, with fall-winter pieces averaging 6,000 yuan per unit. One item surpassed 10 million yuan in sales, three exceeded 5 million yuan, and 12 crossed the 1 million mark. It was an early indicator that runway-caliber livestreams would become a new competitive frontier on platforms like Taobao Clothing and Douyin.

For Double 11 this year, Chicjoc and Taobao Clothing upgraded the concept. The 2.0 version preserved the high-fashion visual language while layering in richer storytelling and deeper interaction. Founder Wei Yujing appeared alongside industry figures such as designers Bonnetje and Freya Dalsjø, formerly of Maison Margiela and Balenciaga. Together with brand ambassadors, they wove discussions of creative philosophy, craftsmanship and aesthetics into the show.

Bonnetje cofounders Anna Myntekær (left) and Yoko Maja Hansen (right).

Segments ranged from international supermodel presentations to extensions of the brand’s Milan Fashion Week showcase, with invited guests sharing interpretations of “time” as a narrative theme. The result was a dialogue between fashion, culture and storytelling that heightened engagement and further cemented Chicjoc’s brand equity.

When international designers travel thousands of miles to appear on a Chinese livestream, the visual contrast of Eastern and Western aesthetics is striking. But behind the scenes is Chicjoc’s larger ambition: to help shape a new global fashion map.

In August 2024, the brand joined Taobao Clothing’s worldwide free-shipping initiative. Three months later, it opened its first U.S. boutique. Today it operates more than 40 retail locations globally. The combination of Taobao’s cross-border logistics and the brand’s overseas stores creates a frictionless “see now, buy now, receive now” loop for global consumers.

Ahead of this year’s Milan Fashion Week, Chicjoc deepened its collaboration with a rising Copenhagen-based design duo through the WWD Select design incubation platform. During its Double 11 livestream, this partnership evolved from resource sharing to value creation. Founder-designer conversations explored the intersections of minimalism, sustainability and modern wardrobe design — signaling a shift toward globally resonant aesthetics.

What gives Chicjoc the confidence to compete on an international stage? The brand’s strategy rests on three pillars: an expanding global retail network, an omnichannel understanding of consumer behavior, and the ability to create bestselling “super products” through an agile supply chain. The company, founded as a Taobao shop in 2013 and formalized as an e-commerce brand in 2015, combines digital-native instincts with disciplined product focus.

The Chinese consumer landscape has also reshaped the brand’s trajectory. A new generation of shoppers has moved past firm loyalty to foreign luxury labels and beyond the race to chase the lowest price. They prioritize aesthetics, quality and “worth” — a value system that increasingly aligns with global standards of sustainable and rational consumption.

This consumer environment offers three advantages:
• A high-speed innovation lab, where robust supply chains turn global ideas into real products rapidly.
• A value resonance zone, where demand for quality and aesthetics matches global conversations around sustainable fashion.
• A creative ecosystem, where China’s manufacturing capabilities and market depth attract global talent and collaboration.

Given this backdrop, Chicjoc’s 100 million yuan, 30-hour global livestream success is less a coincidence than a reflection of structural transformation. China’s fashion market has entered the era of “value innovation,” where brands win not by discounting but by storytelling, technology, global integration and emotional connection.

As marketers increasingly move away from traffic-driven or discount-driven strategies, the essence of Double 11 is shifting. Shopping festivals are no longer battles of price cuts; they are stages for brand identity, creativity and cross-border cultural exchange.

Chicjoc, positioned as a rising force in the women’s fashion market, has opted out of price wars and instead leaned into an international narrative — one that fuses Chinese design intelligence with global aesthetics.

As China’s fashion industry transitions from “scale dividends” to “innovation dividends,” the rules of the game are being rewritten. Chicjoc’s performance marks not just a brand success, but a signal of how China’s fashion leaders will compete — and collaborate — on the world stage in the years ahead.

Editor’s Note: China Insight is a monthly column from WWD’s sister publication WWD China looking at trends in that all-important market.

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Every influential scientist has an origin story — and the “Godmother of AI” is no different.

Fei-Fei Li, a Stanford professor best known for her work on ImageNet, is now the founder of World Labs, a one-year-old AI startup that’s already valued at over $1 billion.

Her start, however, was far more humble.

Li immigrated to the United States from China at the age of 15 and helped her parents run a dry-cleaning business in Parsippany, New Jersey, to make ends meet.

“We were not financially very well off at all. My parents were doing cashier jobs and I was doing Chinese restaurant jobs,” she told Bloomberg in a Q&A. “My family and I decided to run a little dry cleaner shop to make some money to survive.”

Li said she likes to joke that she was the “CEO.” She ran the shop for seven years, from when she was 18 until the middle of her graduate studies.

According to her LinkedIn profile, Li attended Princeton University for college, keeping her close to her parents’ shop. Later, while pursuing her Ph.D. at Caltech in California, she continued to run the business remotely.

“I was the one who spoke English. So I took all the customer phone calls, I dealt with the billing, the inspections, all the business,” she said.

The experience, she said, taught her the value of resilience — a principle that continues to guide her career.

“As a scientist, you have to be resilient because science is a non-linear journey. Nobody has all the solutions. You have to go through such a challenge to find an answer. And as an immigrant, you learn to be resilient,” she said.

At World Labs, Li has big ambitions. She is working on building world models. These are AI models that leverage spatial intelligence, which Li says is “the ability for AI to understand, perceive, reason and interact [with the world]. It comes from a continuation of visual intelligence.”

A growing number of AI experts believe that world models are what will propel the AI revolution into its next phase. Some believe large-language models, which are trained on, as the name suggests, lanaguage, and which the leading products are now based, are limited.

Li said ImageNet, a comprehensive training dataset of visual information, was a precursor to world models.

At the core of Li’s research is the idea that visual information, a passive way of understanding the world, is a crucial foundation for real-world action, which remains one of the ultimate goals of some top AI builders, like Meta Chief AI Scientist Yann LeCun, who recently announced he would step down to launch his own world model startup.

The through-line between Li’s research and her immigrant story is the same.

“I was always a curious kid, and then my curiosity had an outlet, which was science — and that really grounded me,” she told Bloomberg. “I wasn’t curious about nightclubs or other things. I was an avid lover of science.”

The Home Depot, Inc. (NYSE:HD) is one of the stocks Jim Cramer recently offered insights on. Cramer said that the company’s performance is dependant on whether the Fed cuts rate during the next meeting or not, as he commented:

“On Tuesday, we kicked things off with Home Depot, and that was an inauspicious start. The despot posted a tiny sales beat, but both its earnings and the same-store sales came in softer than expected, and the stock plunged 6% in response. Ouch. Worse, Home Depot cut its full-year forecast for both comparable sales growth and earnings. There’s a tough set of numbers, no way around it.

A stock market chart. Photo by Arturo A on Pexels

The Home Depot, Inc. (NYSE:HD) is a home improvement retailer that sells tools, building materials, and decor. It also provides installation and equipment rental services.

While we acknowledge the potential of HD as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.