Elon Musk: "AI Will Run Out of Electricity ... in 2025"

This AI boom is going to push America's power grid to the brink... Elon Musk even recently said that AI could run out of electricity by 2025. This crisis may just reveal one of the greatest investment ideas we are ever going to find. My research has recently uncovered two companies that could make a massive difference today.

'Mona Lisa' will get its own room under a major renovation of the Louvre

SYLVIE CORBET
January 28, 2025

PARIS (AP) -- French President Emmanuel Macron announced Tuesday that the "Mona Lisa" will get its own dedicated room inside the Louvre museum under a major renovation and expansion of the Paris landmark that will take up to a decade.

The renovation project, branded "Louvre New Renaissance," will include a wide new entrance near the Seine River, to be opened by 2031, Macron said in a speech from the room where Leonardo da Vinci's masterpiece is displayed.

Macron didn't disclose an exact amount budgeted for the project to modernize the most visited museum in the world, plagued with overcrowding and outdated facilities. But it's estimated to reach up to 800 million euros ($834 million).

The Louvre's last overhaul dates back to the 1980s, when the iconic glass pyramid was unveiled.

A look at what's at stake:

Move designed to make Louvre experience easier

Macron said the expansion of the museum will allow the "Mona Lisa" to be moved to a new, dedicated room accessible to visitors through a special ticket. That will make the visit simpler for those who want to see the painting and ease the experience of other visitors in the rest of the museum, he said.

"Conditions of display, explanation and presentation will be up to what the 'Mona Lisa' deserves," he said.

Leonardo's masterpiece is now being shown behind protective glass in the museum's largest room, overcrowded with long, noisy lines of visitors eager to take a selfie with the groundbreaking portrait of the woman with the enigmatic smile. That makes some other paintings in the room by Venetian painters like Titian and Veronese go unnoticed by many.

The museum's big renovation in the 1980s was designed to receive 4 million annual visitors.

Last year, the Louvre received 8.7 million visitors, more than 75% being foreigners mostly from the United States, China and neighboring countries Italy, the U.K., Germany and Spain.

Costly and complex overhaul

Macron said that a new entrance for the Louvre will be created near the Seine by 2031, to be financed by ticket sales, patronage and licensing money from the museum's Abu Dhabi branch.

A design competition will be staged in the coming months, he said. In addition, some new underground rooms will be created to expand the museum.

A French top official said that the cost of the renovation is estimated at 700 to 800 million euros ($730 to 834 million) over the next decade, including half for the creation of the new entrance. The official couldn't be named in line with the French presidency's customary practices.

Macron said that ticket prices would be raised for foreign visitors from outside the European Union, up from 22 euros ($23) now. He promised the museum would be safer and more comfortable for both the public and employees.

Comparing the project to Notre Dame's recent reopening, Macron said that "the redesigned Louvre, restored and expanded, will become the epicenter of art history for our country and beyond."

Half the Louvre's budget is being financed by the French government, including the wages of the 2,200 employees.

The other half is provided by private funds including ticket sales, earnings from restaurants, shops and bookings for special events, as well as patrons and other partners.

Water leaks and other damage

The renovation announcement came after Louvre Director Laurence des Cars expressed her concerns in a note to Culture Minister Rachida Dati earlier this month saying that the museum is threatened by "obsolescence."

According to the document first released by French newspaper Le Parisien, she warned about the gradual degradation of the building because of water leaks, temperature variations and other issues "endangering the preservation of artworks."

The pyramid that serves at the museum's entrance, unveiled in 1989 as part of late President François Mitterrand's project, now appears outdated. The place isn't properly insulated from the cold and the heat, and it tends to amplify noise, making the space uncomfortable for both the public and the staff, des Cars said.

In addition, the museum suffers from a lack of food options and restroom facilities, she said.

Continue Reading...

Popular

Top 3 Utilities Stocks That May Rocket Higher This Month

The most oversold stocks in the utilities sector presents an opportunity to buy into undervalued companies.

What to know about Trump's buyout proposal for federal employees

President Donald Trump's administration is offering to federal employees to quickly reduce the government workforce. They don't have a long time to decide: The deadline is Feb. 6.

Warren Buffett's Investing Partner's Shocking Final Move - Ad

Before he passed away, Charlie Munger, Warren Buffett's investing partner of 60 years, was rumored to have quietly made one final investment... Up until now, it has remained hidden from the public. It's potentially the smartest, most profitable, and most under-valued AI investment you can make today.

Trump's Commerce Secretary nominee, Howard Lutnick, vows to sell his business interests in 90 days

WASHINGTON (AP) — Billionaire financier Howard Lutnick, President Donald Trump's choice to lead the Commerce Department, said Wednesday that he would sell all of his business holdings within 90 days.

Hawaii wildfire victims spared from testifying after last-minute deal over $4B settlement

HONOLULU (AP) — Lawyers representing victims of a deadly Hawaii wildfire reached a last-minute deal averting a trial Wednesday to determine how to split a .

Bill Gates Is Betting Big on This New Technology - Ad

Bill Gates is betting the house on a new tech bound to make investors millions. He says the potential uses for it are "almost limitless." And he believes it is so revolutionary that soon we'll see one in every home. This is tech's next megatrend.

A South Florida luxury condo project is planned for site where building collapse killed 98 people

SURFSIDE, Fla. (AP) — A Dubai-based developer plans to build a 12-story luxury condominium project on the South Florida site where in 2021, killing 98 people.

Edmunds' hybrid SUV test: 2025 Hyundai Tucson Hybrid vs 2025 Toyota RAV4 Hybrid

Hybrids are hot right now, and you have lots of choices if you’re considering a hybrid SUV. For years, the Toyota RAV4 Hybrid has been the go-to model for hybrid SUV shoppers.

What Bill O'Reilly Said Floored Me - Ad

Bill O'Reilly has trusted one expert for investment advice for over 20 years... Alexander Green. Now, Alex is revealing Trump's impact on YOUR Money, like how AI technology could amplify Trump's policies and details on 3 stocks that could rise 20-fold by 2029.

3 coup-hit West African nations formally leave ECOWAS in an unprecedented disintegration

ABUJA, Nigeria (AP) — The of Niger, Mali and Burkina Faso have formally withdrawn from the regional bloc known as ECOWAS, the body said Wednesday, the culmination of a yearlong process during which the group tried to avert its unprecedented disintegration.

7 AI Infrastructure Stocks Plunge Over 20%, Outpace Semiconductor Rout As DeepSeek Upends Investment Landscape

The launch of DeepSeek affects the AI boom including the power, cooling and data center giants that once rode the AI euphoria, which now have single-day losses exceeding 20%.

JFK, 9/11... And Now This? - Ad

Jim Rickards says we'll never forget April 11, 2025. Jim outlines a crash so terrible it may even have the power to wipe out the checking and savings accounts at your bank... Along with 40% of the market. Jim is one of America's best geopolitical analysts... All you need to know is in a quick summary of his latest book.

Stock market today: Asian stocks advance ahead of the Fed's rate decision as panic over AI fades

HONG KONG (AP) — Asian stocks advanced Wednesday in thin Lunar New Year trading following a rebound on Wall Street driven by tech stocks as the panic over Chinese AI company DeepSeek faded.

How DeepSeek's Breakthrough Is Changing The Landscape For Multi-Industrials

BofA Securities analyst Andrew Obin sees potential growth for multi-industrial stocks like Vertiv Holdings and Eaton Corporation amid the rise of more efficient AI technologies.

Elon's Next Millionaire-Making Project? - Ad

This could create more wealth than all of his previous ventures... combined.

Elon Musk Is 'Kind Of Glad' Many Didn't Pick Up A Tesla FSD Subscription: Here's Why

Tesla Inc CEO Elon Musk said on Wednesday that the company will likely have to update hardware for customers whose vehicles are equipped with an older version of the AI hardware called Hardware 3, for it to achieve fully unsupervised autonomous driving with full self-driving (FSD) driver assistance software.

MrBeast's Net Worth Hits $1 Billion—But In 2023, He Promised To 'Give Away' All His Money. What Drives The YouTuber's Philanthropy?

MrBeast, who once defended his charity-driven content by pledging to give away all his money, has officially become a self-made billionaire with a $1 billion net worth, driven by his massive YouTube empire, merchandise sales, and a $100 million Amazon streaming deal.

2025's No. 1 Trump Era Trade - Ad

Elon Musk is warning about a major shortage we will face in 2025. Trump is targeting one specific resource as the solution to the problem. One American company is virtually the only company set up to solve this situation... generating billions in sales.

Asset allocation when you have enough

I recently chatted with a retired couple who were looking for a second opinion about their portfolio’s . The key question: Is 65% in stocks too high for someone in their situation? Here, I’ll walk through some ideas about how to think through these issues.

Robert Kiyosaki Predicts Yet Another Stock Market Crash, Pitches Bitcoin Investments -- Here's What The 'Rich Dad Poor Dad' Author Said

Renowned investor and author Robert Kiyosaki on Monday predicted a major stock market crash in February and advised investors to focus on Bitcoin (CRYPTO: BTC), gold, and silver.

The DOGE Agenda (Eight Stocks to Buy) - Ad

Every investor in America is trying to figure out what Musk will do in Washington, D.C. in the coming weeks.

Mark Zuckerberg Says China's DeepSeek Did Some Novel Things 'We're Still Digesting,' But Meta May Keep Pouring Billions Into AI Infrastructure Anyway

Meta CEO Mark Zuckerberg acknowledged that China's DeepSeek made novel advancements that Meta is still evaluating but emphasized that the company will continue investing billions in AI infrastructure, seeing it as a long-term strategic advantage.

FORGET Crypto, FORGET Stocks... Do THIS Instead... - Ad

With everyone scrambling for the next hot AI stock or cryptocurrency... One man is saying FORGET them all. Because his strategy could lead to bigger gains than you'd see from stocks, crypto or anything else you might be seeing. It's shown his readers gains of 85% in 14 days... 55% gains in 2 days... And even 222% in 8 days!

Czech Central Bank Considering 5% Bitcoin Reserve

The Czech National Bank (CNB) could become the first Western central bank known to allocate a portion of its reserves to Bitcoin (CRYPTO: BTC).

Judge Blocks Trump's Order To Freeze Federal Grant Money

A federal judge in the District of Columbia on Tuesday afternoon temporarily blocked an executive order given by President Donald Trump that imposed a freeze of all federal grants and loans, putting $3 trillion in funding in jeopardy and entire industries on edge. 

Alex Green Reveals The Top Trump Trades for 2025 - Ad

Wharton's Jeremy Siegel says Trump is "the most pro-stock market president we've had in our history." Now, with Trump's new economic blueprint in place, Alex Green has identified a handful companies that could lead the next wave of wealth creation... And he's revealing the names and ticker symbols, free of charge.

Apple Surprises Users With Starlink Beta, Teams Up With Elon Musk's SpaceX And T-Mobile To Bring Satellite Texting For iPhone Users In iOS 18.3

Apple has partnered with SpaceX and T-Mobile to bring Starlink satellite texting to iPhones, with a limited beta test rolling out via iOS 18.3, marking a major step toward expanding connectivity in remote areas.

Trump Slams Fed's 'Terrible Job' On Bank Regulation After Rate Hold, Vows To 'Unleash Lending For All American People'

President Donald Trump criticized the Federal Reserve's handling of inflation and banking regulation on Wednesday, following the central bank's decision to hold interest rates steady at 4.25%-4.5%.

Ex CIA Predicts 40% "Double Crash" -- April 11 - Ad

I strongly advise taking action ahead of this NEW kind of economic crash... What makes this new crash so uniquely dangerous is that it could erase bank accounts.... My best followers are already following the steps laid out in this video. Prepare now, or suffer when the market implodes by 40% in a single day as soon as April 11. You've been warned.

Tesla Stock Rises 5% After-Hours On FSD And New Vehicle Promises Despite Q4 Revenue Miss

Tesla Inc stock rose as much as 5% after hours over the company's promises of launching new and "more affordable" models in the first half of 2025, in addition to other promises regarding the deployment of autonomous vehicles and licensing of the company's full self-driving (FSD) driver assistance software to rivals.

Despite chaos over Trump White House's funding pause, FAFSA forms and student loans still available

A temporary freeze imposed briefly this week by the White House on federal grants and loans left many students wondering about the impact to the used to apply for financial aid.

Bill Gates' Next Big AI Bet: Stargate Could Be a Game-Changer - Ad

Jeff Brown, the tech expert who predicted Bitcoin, Nvidia, and Tesla, reveals Bill Gates' new AI project, Stargate. Could this be the next big AI breakthrough?

Teva's Duvakitug Set To Shake Up IBD Treatment, Analyst Highlights Competitive Data

Piper Sandler analyst maintains an Overweight rating on Teva, citing positive feedback on duvakitug's potential in treating IBD.

Dan Ives Expects Meta And Microsoft To Stand Firm On $60 - $80 Billion AI Spending Plans Amid DeepSeek's Disruptive AI Model

Wedbush Securities analyst Dan Ives expects Meta Platforms Inc. and Microsoft Corp. to stand firm on their ambitious artificial intelligence spending plans during their upcoming earnings calls, despite recent market jitters over Chinese AI startup DeepSeek's emergence.

Urgent Bitcoin Alert for Right Now - Ad

"Bitcoin Skimming" could help you multiply Bitcoin gains by up to 22x. Former billion-dollar hedge fund manager Larry Benedict reveals his strategy that everyone needs to understand. And the wild thing? You don't even need to buy, sell, or own Bitcoin to do this.

Nvidia Says DeepSeek An 'Illustration' Of How New AI Models Can Be Created While Being Export-Control Compliant Amid $600 Billion Market Value Plunge

Nvidia Corp. has thrown its support behind China's DeepSeek R1 artificial intelligence model, calling it "an excellent AI advancement" even as the startup's emergence triggered a historic $600 billion plunge in the chipmaker's market value on Monday.

Love or Hate Him -- You Have To See What Elon Could Do Next - Ad

It's not electric vehicles, green energy or space travel that Elon Musk will be remembered for.

DeepSeek Suffers 'Degraded Performance,' Says Hit By 'Large-Scale Malicious Attacks' After Rapidly Emerging As App Store Chart Topper

Chinese AI startup DeepSeek faced significant cyberattacks amid its rapid rise, including topping the U.S. App Store and challenging AI giants with its cost-effective R1 language model.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright finstrategist.com
Privacy Policy | Terms of Service