Bridgewater’s Greg Jensen warns that Nvidia’s AI chips could rapidly depreciate as AI itself creates better technology. The warning comes as Michael Burry reveals bearish bets against Nvidia and criticizes AI companies for extending chip depreciation schedules. Both investors see a frantic resource
A massive government experiment to roll out 76 AI-generated textbooks in South Korean schools has ended in disaster. The program, which saw publishers invest $567 million, was scrapped after overwhelming complaints about poor quality and technical problems. Over half of participating schools opted o
A super PAC backed by OpenAI’s Greg Brockman and Andreessen Horowitz plans to spend up to $100 million in the midterms. Their first target? New York candidate Alex Bores, who calls the spending “a badge of honor.”
Michael Burry, famous for predicting the 2008 housing crisis, is now betting over $1 billion against Nvidia and the AI boom. His new Substack newsletter already has 90,000 subscribers as he warns of an AI bubble. Nvidia has responded with a seven-page memo defending its accounting practices.
A newly merged company with gaming and mobile hardware roots wants to build $5 billion worth of AI data centers in emerging markets. The ambitious plan raises immediate questions about expertise and execution. Details won’t emerge until 2026 at the earliest.
Jamie captures meeting audio directly from your device without appearing as a guest, making it the first AI assistant that doesn’t disrupt meetings. It automatically transcribes, summarizes, and organizes conversations across all platforms while maintaining privacy by deleting audio files after proc
Congressional leaders are demanding testimony from Anthropic’s CEO about a sophisticated Chinese cyberattack that used the company’s Claude AI to autonomously target major institutions. The attack reportedly succeeded against several targets with minimal human involvement, marking a dangerous escala
Google appears to be testing built-in Nano Banana AI image generation directly within the Google Search app. This would let users create images without leaving search, blending text, images, and real-world context. The move signals Google’s push to make AI creation tools ubiquitous across its ecosys
HP is cutting 4,000-6,000 jobs globally by 2028 as part of a major AI-focused restructuring. The company expects $1 billion in annual savings but faces rising memory chip costs that could impact future profitability.
Procure AI has raised €11 million in Seed funding to transform procurement with AI agents. The platform delivers significant time and cost savings for enterprise clients facing supply chain challenges. This positions them in Europe’s growing procurement automation market.
