WeekWise XXIX
#29 WW: how can Gene Editing solve World Hunger, how could Europe shorten the gap with the US, and Nvidia smashes earnings.
Hey! 👋
I'm Adolfo Güell, and every week, I spend countless hours selecting curated content—whether it's posts, news, or podcasts—centered around my passions: technology, macroeconomics, innovation, and more. This newsletter is my way of sharing the top-notch content I've come across.
I hope this weekly newsletter introduces you to exciting new content and talented creators.
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My top picks 🔝
Ohalo, the company launched by David Friedberg, has come out of stealth and unveiled what they’ve been working on for more than 5 years.
Ohalo has invented a new technology called Boosted Breeding, which focuses on changing how plants reproduce, allowing them to pass 100% of their genes to their offspring, rather than 50%. Long story short, Ohalo uses proteins to “switch off” the reproductive circuits of the parent plants that cause the plant to split its genes.
Why is Boosted Breeding important? Usually, agricultural companies spend billions per year to improve crop yield by 1-2%. With this new technology, plants will improve their yield by 50-100%, resulting in much healthier and stronger plants. This will have a tremendous impact on productivity per acre, which means a huge increase in the total number of calories of the output.
How does Boosted Breeding impact world hunger? Many of the most common crops can only be planted in specific areas of the world, due to the conditions of the weather and land. The main reason why the world has this food problem is that many of the poorest areas don’t have good enough conditions for these crops. With this technology, we could create adapted crops to grow in these places, allowing an exponential increase in the total number of calories that could be farmed in these areas.
Sources: Ohalo and All-In Podcast E179
This week I read an interesting analysis from the Financial Times trying to analyse how could Europe shorten the gap with the US in terms of economic development.
In terms of innovation, the US has a huge advantage and it’s still growing:
(South Korea alone has nearly as much innovation as the EU).
European countries expect to work less hours, and the workforce is expected to decrease.
The lack of innovation and investment has also some productivity effects, which has also implications in GDP per capita.
Europe’s advantage over the US is on the fiscal deficit, which can’t be sustained forever.
Source: Can Europe’s economy ever hope to rival the US again? [Financial Times]
Nvidia reported fiscal first-quarter earnings.
Nvidia has grown quarter revenue up to $26B (6% more than expected), and share price has skyrocketed over $1,000. Net profit is on $14.9B.
A year ago, Nvidia was doing $7.2B in revenue and $2B in net profit.
Simply out of curiosity, Nvidia is now worth more than $2.5T, which is more than Amazon ($1.9T) and Tesla ($550B) combined.
Sources: NVIDIA Announces Financial Results for First Quarter Fiscal 2025 [NVIDIA] and App Economy Insights on X
Some other reads I enjoyed…
The only thing that actually makes sense to back a currency is a promise of energy or compute in the future [Andrew Côté on X]
Google DeepMind’s new AI can model DNA, RNA, and ‘all life’s molecules’ [TheVerge]
Are Chinese fleeing China? [Graham Allison on X]
Nearly 9% of the $1.12 trillion in credit card debt transitioned to "delinquency" status in Q1 2024 [The Kobeissi Letter on X]
We're thrilled to partner with soccer legend and entrepreneur Gerard Piqué Bernabéu and the Kings League Santander team on building the next generation 7-a-side football competition! [Left Lane on LinkedIn]
One way to see if social media is polarizing is to take it away [Crémieux on X]
[VIDEO] Vladimir Putin: "90% of all trade between China and Russia is conducted in Ruble or Yuan after ditching the US Dollar" [Megatron on X]
Swiss Re to Withdraw From Digital Insurer iptiQ, Reports Strong Q1 Net Income of $1.1B [Insurance Journal]
[PODCAST] 20VC