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Anthropic Needs Stock Market to Pay Its Bills?
Anthropic is getting ready to go public - valuation 2 trillion dollars. Official story: revenue is booming, growth is growing, and the business is finally starting to make a profit. BUT… Anthropic has...
Optimism! Sponsored by the creators of AI
Stock market is now in a wave of forced optimism, sponsored by the creators of artificial intelligence. Huge investments in the field resulted in record growth, but the bull market is quickly approaching...
Fight Behind Nvidia $20bn Groq Deal
Nvidia's $20 billion deal with Groq was presented as a licensing agreement, but two former Groq engineers dispute that description and the way the deal was handled. This has raised questions about how...
30-Year Treasury Yields 5.308%: What to Expect on October 8
Over the past few months, yield at 30-Year Bond Auction climbed steadily. May sale was the first 30-year auction to clear above 5% since 2007. By August, a $25 billion sale cleared at 5.216%, the highest...
Bitget: Biggest Crypto Hack of the Year
Crypto exchange Bitget just got hit for a massive $352 million, so far it’s the biggest digital asset theft of the year. Bitget CEO, Gracy Chen said the hack happened at 6:31 PM GMT on a Thursday, hackers...
Selling Fear for Profit
Sam Altman, Elon Musk, and Dario Amodei are warning everyone that artificial intelligence could destroy humanity by 2030, while simultaneously asking governments to regulate them. Despite sounding like...
The US-Canada Tariff Fight
The trade relationship between the United States and Canada has broken down in a way almost nobody expected a few weeks ago. Both sides have imposed 50% tariffs on a wide range of each other's goods, negotiations...
US Wants Venezuela's Oil Again
Since the Trump administration helped oust Nicolás Maduro from power, Chevron has made a move into the Venezuelan market. Chevron is putting $7 billion into Venezuela over the next five years to double...
Is Bill Gates Warning Us About AI or …
Look, if you read between the lines of that Bill Gates piece, it’s less of a public warning and more of a masterclass in billionaire reputation laundering. First, Gates just spent months dodging heat...