2025q2-issue
The Last Man Defending 'Open' AI Just Left The Building: How Jensen's Fall Clears The Way For A Federal Crackdown...
...the last man defending truly 'open' AI just left the building, handing Washington the case against "dangerous" Chinese models...
Restaurant Carnage Spreads As Two More Major Operators Go Bankrupt
The carnage extends far beyond breakfast diners and sandwich shops...
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Markets & Trading.
Markets & Trading
Anthropic Launches $100 Billion IPO Worth $1.4 Trillion... Or $1.0 Trillion, Depending On Who's Counting
Five weeks ago the whisper was $2 trillion. This morning Anthropic filed at $70-$78 a share, and $160 billion of the headline valuation is stock that hasn't been granted to anyone yet. The valuation: either $1.0 trillion or $1.4 trillion, depending on the small print...
Debt Window Slams Shut: Meta Taps Shareholders For Up To $95 Billion, With Its Own Chip Suppliers Buying In
"As of the past few weeks, debt markets have almost entirely shut off access to money for any company that doesn't have substantial revenue independent of AI data centers." - Elon Musk
Geopolitics
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Give us the child for eight years and it will be a Bolshevik forever.