AI Price Wars Begin: OpenAI Considers “Drastic Price Cuts” in Pursuit of Anthropic Customers
(Zero Hedge)—Earlier today, in a report discussing how "AI bills are out of control", JPMorgan tech guru and TMT salesman, Mark...
Sequoia Partner Shaun Maguire: SpaceX’s New Millionaires Will Fund Pro-America Projects
(Zero Hedge)—SpaceX's planned IPO next Friday will be a major wealth-creation event for current and former employees, including engineers, technicians,...
Alarming Supply-Chain Stress Sends Transport Cost Soaring, Fueling Inflation Fears
(Zero Hedge)—Nearly three weeks ago, UBS analyst Pierre Lafourcade reactivated his desk's supply-chain watch coverage after stress across global supply...
Gold Dethrones the King: ECB Confirms Barbarous Relic Has Overtaken Treasuries as Top Global Reserve Asset
(Zero Hedge)—In what can only be described as the latest humiliating blow to the crumbling Pax Americana, gold has officially...
Anthropic Raises $65BN at $965 Billion Valuation, Surpassing OpenAI
(Zero Hedge)—Amid an unprecedented valuation battle between ChatGPT and Anthropic raging in the private markets ahead of their respective IPOs...
Behind Turkey’s Gold Sales: The Biggest Ever Plunge in Foreign Reserves
(Zero Hedge)—Shortly after the Iran war started, with gold unexpectedly tumbling, we showed that the reason behind gold's paradoxical move -...
Japanese Company Simplifies Ketchup Packaging Amid Ink Shortage Tied to Middle East Conflict
(Zero Hedge)—Kagome is revamping the packaging of several ketchup products after supply disruptions made white printing ink harder to source,...
Beijing Has Already Wimped Out Less Than a Week After Trying to Look Tough by Ignoring U.S. Sanctions
(ZeroHedge)—Over the weekend, we reported that in what some called a "watershed moment", Beijing ordered Chinese companies not to comply...
Global Inflation Scare: Chinese Exporters Hike Prices as Iran War Triggers Ethane Shortage, Plastics Crunch
(Zero Hedge)—Chinese exporters are finally passing on the pain - right as they're experiencing a major shortage of a key...
Treasury Rushes to Access Anthropic ‘Mythos’ AI After Warning It Can Hack “Every Major Operating System”
(Zero Hedge)—The US Treasury Department’s technology team is actively seeking access to Anthropic PBC’s highly restricted Mythos AI model so...