More on the circular nature of the recent AI deals. AI now accounts for more debt issuance than US banks. AI companies consider using the billions they’ve raised to pay off lawsuits since they can’t get insurance. Another way OpenAI is the new Microsoft. And at the end? Look at that! A non-AI story!
OpenAI, Nvidia Fuel $1 Trillion AI Market With Web of ... Show More
Today
How Hackers Drained $6.3B From Binance
Overnight brought the biggest heist in crypto history, as hackers drained $6.3 billion from Binance. Amazon’s AI spending soared while retail growth stalled, Spotify eyed a $5-a-month AI remix tool, and longreads covered El Niño forecasting and old-time fiddlers. Binance says ini ... Show More
22m 21s
Yesterday
A Chinese Spy Inside Nvidia?
I covered the NYT report that US officials think Megaspeed’s Alice Huang is a Chinese asset who cozied up to Jensen Huang, the leak of 41,000 DHS workers’ data, DoorDash’s $17B Instacart grab, and Alphabet’s ugly free cash flow. US officials believe Megaspeed executive Alice Huan ... Show More
22m 9s
Oct 28
Apple Caves: A Touchscreen Mac
Apple unveiled a touchscreen MacBook Pro, finally ditching Jobs’s stance. Then Amazon unloaded gadgets: a $500 Echo Show 16, the Echo Time alarm clock, an Alexa Photo Frame, and an Echo Studio with a camera. Not one AI story all day. Apple unveils a touchscreen MacBook Pro with a ... Show More
21m 44s