Meta pays Microsoft, which resells OpenAI, to test Meta's models. Bloomberg puts it at hundreds of millions a year and trillions of tokens a week, and both companies declined to comment.
Gee, I wonder where the Anti-Datacenter movement comes from 🤔 [QT @nataliegwinters: EXCLUSIVE: Chinese Institutions Are Building AI Models Of American Voters—And Testing Political Messages On Them. Fudan used 171 MILLION X posts to create a million-account "voter pool." A government-linked team tested a campaign message on synthetic Pennsylvania voters.]
US economic momentum is accelerating: The S&P Global US Composite PMI index surged +1.5 points in August, to 56.0, the highest since April 2022. This marks the 3rd consecutive monthly improvement. This comes as the Services PMI index jumped +2.2 points, to 56.8, the highest
President Donald Trump has been taking credit for new federal data that shows U.S. prescription drug prices fell 0.8% in July and are down 3.1% from a year ago, the steepest year-over-year drop since 1963.
Ukraine offered Russia a truce on attacks against ships carrying agricultural commodities through the Black Sea, but Moscow rejected the deal, Volodymyr Zelenskyy said
COINBASE $COIN CEO BRIAN ARMSTRONG: "THE VAST MAJORITY OF G20 COUNTRIES ALREADY HAVE A REGULATORY FRAMEWORK FOR CRYPTO TRADING." "IT'S TIME TO PASS CLARITY IN THE SENATE ON SEP 15TH."
The US Navy is testing a new air-to-air missile that can hit targets more than 290 miles (465 km) away, considerably farther than any other known weapon of that type.
Solana is monetizing at both layers. On Aug. 21, @solana generated $1.02M in network revenue, while its apps generated another $4.01M. The thesis is not picking one winner. It is making Solana the place successive winners build, monetize and compound. Higher.
Agricultural commodities are now at their highest level in a decade. Yet another unintended consequence of higher energy prices. Watch the Fed be forced to walk back its hawkish stance even as inflation continues to creep higher.
.. This breaks a pattern of corporate users defaulting to the most powerful models. .. If sustained, the shift could radically alter the business model of frontier labs ..
Alibaba $BABA is looking to raise ~$10.2 Billion by selling shares of the company. The company is offering 710 million shares at HK$112.7 each, representing a discount of 3.6% to the closing price of Alibaba's American depositary receipts on Friday - Bloomberg
US homebuyers are quitting. There were an estimated +51.3% more home sellers than buyers in July, the 2nd highest level on record. This percentage has doubled over the last 2 years. By comparison, an all-time high of +51.8% was recorded in December 2025.
After Brown-Forman terminated discussions to combine with Pernod Ricard, two members of the family that controls the owner of Jack Daniel's sent a withering letter to the board. Days later, the CEO announced he'll retire.
More data than open-source AI is taking share from OpenAI and Anthropic. Open source has gone from 28% token share to 62% token share @vercel over the last 2 months. Super impressive given that the sum of OpenAI and Anthropic accelerated in July. So net
I admire Carney's chutzpah but this is clearly now a game of chicken between two losers. I'm not saying Carney had a better option. Trump insisted on a negative sum game, as usual, and Carney played the hand he was dealt. But it's just stupid in every conceivable way.
AI is driving a historic global earnings boom. The proportion of countries where earnings are estimated to decline YoY is down to ~5%, its lowest level since 2021. This is also comparable to the lows seen in 2004-2006 and 2010-2011, following the recovery from the 2008
President Donald Trump announced a pause on ground beef tariffs Friday in an attempt to lower prices for consumers. Trump posted on social media that the U.S. will allow up to 300,000 metric tons of beef to be imported over 90 days without triggering higher tariff rates.
After three and a half years, agentic AI has created another ChatGPT moment! [QT @downingARK: OpenAI's active agent users continue to climb, now at 20 million. CNBC reporting that OpenAI's run rate revenue has grown 35% quarter to date, with enterprise revenue up over 50%. Agent users are only 2% penetrated against the ~1 billion active user base of ChatGPT.]
Michael Burry criticized Alibaba shares as overvalued and disclosed that he recently exited his position in the Chinese tech giant in order to build a "large" position in rival online retailer
President Volodymyr Zelenskyy said Ukraine played no role in the sabotage of the Nord Stream gas pipelines linking Russia to Europe, following the arrest in Croatia of a second Ukrainian suspect sought by Germany.
Bond investors will zero in on Kevin Warsh's Jackson Hole speech this week, with a further selloff in long-dated Treasuries at stake as markets look for clues on his response to persistent inflation and fiscal concerns.
Hugging Face is reportedly looking to get acquired at a valuation of at least $13 billion [QT @IPONewsroom_: Hugging Face has been fielding acquisition interest at a valuation of at least $13 billion, according to Business Insider. The AI developer platform has reportedly been working with a bank to gauge potential bidders, though no deal has been reached.]
President Trump cut short military drills between the US and South Korea this week, saying that they sent the wrong signal to the "unthreatening and respectful" North Korea. Is Trump throwing over one longtime US ally to court a rogue state ... again?
We don't have enough power. AI chip-driven electricity demand is projected to surge to a record ~315 gigawatts globally by 2033. That would represent an increase of more than +1,100% since 2025. The US is expected to account for ~64% of this new AI electricity demand, or ~200
In H1 of this year, amidst a bear market, investors put over $1,800,000,000 into Bitwise products ("net inflows"). >$100M into each of our franchises: - ETFs/ETPs - Private active/alpha strategies - Staking - Vaults. Bitwise is a group of over 150 people from finance and tech
AI power users are showing up outside tech. The fastest-growing Codex adopters since February: Legal: 108x Sales: 41x Recruiting: 41x Marketing: 26x Healthcare: 24x
This materially strengthens the case that the 40 tanker, 16 million barrel claim was overstated or at least presented far too cleanly. If this Kpler table is authentic, it shows zero confirmed west to east liquid tanker crossings on August 21 and zero barrels exiting Hormuz.
Treasuries now offer more income than almost every S&P 500 stock: Just ~3% of S&P 500 stocks now have dividend yields higher than the 10Y Treasury Note yield, the lowest proportion since May 2007. This marks one of the lowest readings on record in data going back to the early
Ormat drilled for heat since the 1960s. Google signed 150MW. Its first data centre deal in January was 13MW, so one customer just moved the company more than a decade of ordinary growth.
Perplexity CEO Aravind Srinivas公开表示，开源与前沿AI模型之间仅存12个月差距的唯一原因是出口管制，并直指Anthropic为此进行了大力游说。
12-month gap open source vs frontier models solely due to export controls; Anthropic lobbied hard for export controls; China open-source AI escalation risk
If China can build more datacenters faster than the US, they will win on models and leave us in the dust. Being against AI Datacenters is giving up the Century to China.
New Zealand's main opposition Labour Party pledged to restore the central bank's dual mandate if it wins office in the Nov. 7 election, saying price stability and sustainable employment are both essential for a strong economy
Malaysia's government has ruled out a potential acquisition of Datasonic Technologies, which supplies the country's passports and national identity cards
Kazakhstan; single-chamber parliament election; Sunday 2026-08-23; President Tokayev; constitutional overhaul
Voters in Kazakhstan go to the polls to elect a new single-chamber parliament on Sunday, the latest stage of a constitutional overhaul pursued by President Kassym-Jomart Tokayev
With Florida Republicans nominating U.S. Rep. Byron Donalds, there are eight Black major party gubernatorial nominees — men and women, Democrats and Republicans — on November ballots.
Fierce competition from China and high energy costs are just two of the reasons Germany's famous industrial machine is sputtering. How did this crisis come to pass, and can Germany adapt in time?
A new AI model called Ox Alpha is gaining traction among developers after appearing online for free, even as the identity of its creator remains a mystery
600,000 sources chosen, and no stated benefit attached. The figure counts distinct sites, so one picked a single time and one picked a million times both land in it as one.
China's biggest oil refiner saw its first-half profit rise 12% from a year ago, as a surge in global energy prices benefited upstream revenues even as it squeezed fuel sales.
one of the coolest parts about the zcash momentum roman storm, who is facing serious jail time for writing privacy code, had majority of his donations in zcash and now he has many more resources to fight this freedom money
BNB Chain: #1 most used chain for Nansen wallet deposits (previous day); Nansen AI agent now supports BNB Chain trading
BNB Chain在机构级链上分析工具中的活跃度跃居首位，结合Nansen AI agent支持，显示BNB生态在开发者工具集成层面提速，对BNB短期情绪形成正向催化。
You can now trade on BNB Chain in Nansen 🔶 Our AI agent also supports it. Yesterday BNB was the most used chain for deposits into Nansen wallets. Download our Nansen AI app and try it!
124 engineers received shares worth $828,000 each on average. AMEC's restricted stock plan covers over 97% of its staff, and Europe's answer to the same shortage is training programmes.
Getting hold of the best arabica coffee beans may prove harder for premium roasters and their customers, after crops in Brazil were hit by a wave of heavy downpours.
JUST IN: China prepares to launch its most ambitious moon mission yet, sending a robotic 'hopper' to search craters at the lunar south pole for water ice.
Here is every stock market transaction that 🇺🇸 President Trump made during June that was worth MORE THAN $500,000.00 Bought: - More than $500K of the iShares Russell 2000 ETF $IWM - More than $500K of the iShares Global 100 ETF $IOO - More than $500K of Adobe $ADBE
A U.S. government subsidy that helped lower the cost of Medicare prescription drug plans is ending a year early, potentially affecting monthly premiums for millions of beneficiaries in 2027.
All of the US-made AIs are beating the stock market so far in the Rallies AI Arena. All of the non-US-made AIs are underperforming the stock market so far in the Rallies AI Arena.
Walmart is launching a new clothing brand aimed at younger, trendier shoppers—the retailer's latest attempt to become a fashion destination for more Americans
A perfect scheduler with infinite bandwidth and 0 pipeline latency would work with 0 inclusion fee, and if there is no tax leakage priority fee revenue is the same as fee burn.
US AI systems still ahead on benchmarks; Chinese frontier pricing competitive; 'Singularity ships in two SKUs — American frontier performance and Chinese frontier pricing'
Welcome to August 23, 2026. The Singularity now ships in two SKUs, American frontier performance and Chinese frontier pricing. A fresh data audit of the US-China AI race finds American systems still ahead on benchmarks while
BREAKING: Iran's Speaker of the Parliament Ghalibaf comments on the US bond market situation: "Importing frozen meat to fix meat prices. Okay, that might work. What's the plan for bonds, import frozen yields?"
⭕️APPREHENDED: The terrorist who executed the stabbing attack in the Al-Auja area. The suspect's apprehension was made possible through intelligence guidance and measures employed by the IDF & the ISA.
BREAKING: White House has said that the President's stock market accounts are invested in 'computer-based model portfolios' to replicate stock indexes.
with Grayscale's ZCSH filing still preliminary and no basket flow from the trust, ZEC can give back part of its move after hitting an eight-year high at $855. traders already bid the trust up from a 17% discount to 1%, but secondary share trades leave its ZEC inventory unchanged
Bessent is telling us that oil prices will go down. This is his track record: [QT @KeyserSozeThree: Ok, fine, let's do this. I knew of Bessent when he worked in the London office at Soros & heard pitches for each one of his subsequent ventures listed below & for his last venture, a FoF w/ Jeff Tarrant, not included below. In short summary, his claimed valor for the famed]
Smart. [QT @patrickc: OpenRouter is joining Stripe. As anyone who uses it knows, @OpenRouter is a truly delightful developer tool. It is by far the best way to use new models and manage multiple inference providers. OpenRouter is also playing an increasingly important role:]
TX GOV. ABBOTT, on data centers: ".. they basically dug their own grave for the problem that's been caused for them and that's why they got the backlash they deserve." @politico
Hormuz Traffic Is Up 400% and Still 80% Below Normal. The claim that Strait of Hormuz traffic exploded nearly 400% is directionally true but potentially misleading without context. Traffic has clearly improved from the near paralysis seen earlier in the conflict. The United [QT @zerohedge: Axios: 40 Tankers Transited Hormuz Friday Night, But Real Crisis Is Diesel]
Iran's president on Sunday defended a memorandum of understanding with the United States as the best way out of a stalled war while the new head of the Islamic Republic's top security body took a more defiant stance, warning of retaliation if neighbors support U.S. threats to
Dont get me wrong this is NV building a plan B outside TSM, not replacing it [QT: With TSMC's COUPE CPO slipping, NV is working with $INTC on an all INTC Rubin CPO variant(18A,Intel OCI, EMIB), a 4-die version that would outperform TSMC's 2 dies]
I found this to be a silly chart which plots legal gambling growth which occurred due to the 2018 PASPA ruling. It doesn't show the illegal gambling done on sports. So radically overestimates the growth rate at 25x. I had Gemini rough out the more relevant chart for 'society'.
from here, HYPE gets a larger recurring bid if the XYZ deployer sets its HIP-3 fee scale above 1 without losing enough volume to offset the increase. under HIP-3, Hyperliquid routes more fees to the Assistance Fund, which buys HYPE and burns it. through August 18, TradeXYZ
Italy's government extended a tax cut on diesel fuel until Wednesday, as Prime Minister Giorgia Meloni contends with the impact of oil prices pushed higher by war in the Middle East.
MORE PEOPLE WOULD RATHER LIVE NEXT TO A NUCLEAR POWER PLANT THAN A DATA CENTER?? 71% of respondents to a March survey by Gallup said they would oppose the construction of one in their local area. By comparison, just 53% said they would oppose a nuclear energy plant - WSJ
Suspect we will start to hear about a "Pareto optimal" balance of computationally efficient humans, cheaper open-source tokens and frontier tokens. Our internal AI spend @Atreidesmgmt will be roughly 100x higher in August 2026 vs. March 2026. Still roughly doubling every month.
The V-Dem Institute's latest Democracy Report has downgraded the US from a liberal democracy to an electoral democracy. Why is American democracy in decline? My conversation with Nobel Prize-winning economist @DAcemogluMIT, who has a diagnosis and a prescription in his new book.
Central bankers everywhere fear dollar-based stablecoins will erode their monetary sovereignty. Official digital currencies aren't the solution, @JonathanJLevin says (via @opinion)
After watching clips of China's humanoid Olympics... I think we're cooked chat. Still can't believe $GOOGL sold Boston Dynamics, don't think we have another humanoid that can backflip.
Chinese carmakers report a 20% to 30% shortage. A ceramic capacitor costs a fraction of a cent, a modern car needs thousands of them, and AI data centres got there first.
Wage growth fell 6.7% behind. Employment did not move. The gap was 10.7% in the lowest-paid quartile and statistically absent in the highest, across 321 occupations since 2023.
Every accelerator company, and I mean every accelerator company, is likely going to do some variant of 3D DRAM or the "zHBM" which were both discussed at HotChips today. The larger companies will probably run (are running) parallel programs, but these two memory variants
House Democratic leader Hakeem Jeffries and President Donald Trump's son-in-law and outside adviser Jared Kushner met privately recently in New York, a signal that the White House is seeking ways to work with Democrats if they wrest majority control from Republicans in the
if Coinbase opens BASECAT trading, more traders can buy it through the exchange and push the token higher from here. the roadmap names the exact contract and says Coinbase decided to list it, but transfers and trading stay closed until a separate launch notice. buyers had already
Prediction markets are booming. They also face a widening legal battle with US states and criticism over alleged user insider trading. Here's how they got so controversial