World of Finance

Shocking scenes in Poland. Police, dispatched by the Tusk government, have forced their way into the independent Constitutional Tribunal. Security personnel guarding the building and the Tribunal’s documents have been removed. The Vice-President of the Tribunal is being denied entry to the premises. This is a violation of all democratic principles.

OpenAI CEO Sam Altman believes people owning RAM is wasteful, and that it belongs in data centers instead. "From a global allocation perspective, actually, it’s quite terrible to have everyone have a bunch of the world’s limited supply of DRAM sitting in their own computer."

BREAKING: World's largest crypto exchange Binance hacked with over $5.6 billion stolen: • $1.45 billion $BTC • $875 million $ETH • $234 million $TRX • $50 million $XAUT • $1.57 billion $USDT • $823 million $USDC • $75 million $WBETH • $88.5 million $RLUSD + $447.5 million additional cryptocurrencies This is the largest hack in crypto history.

JUST IN: Anthropic spent $2.7M on CEO Dario Amodei’s personal security last year

Reacting to the full Anthropic S-1 registration statement.

And here we go - here's Anthropic's Income Statement of Statement of CFs

Pretty much. 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. SpaceX closed $40B of debt for GPUs, but we’re investment grade and have Starlink & launch revenue. That means the 200+ neoclouds are going to see guppy-level death and consolidation. Some will make it through, but not many.

🚨 #BREAKING: Bank of America, Chase, Well Fargo, & other major U.S. banks reveal rogue AI agents have been found “living” in customer’s bank accounts.

JUST IN: Nvidia CEO Jensen Huang tells German Chancellor Friedrich Merz that there will be no AI industry for him to regulate if overregulation stops AI from being built in the first place.

🚨#BREAKING: Unconfirmed reports claim Kim Jong Un may have "secretly died" in China.

🚨 #BREAKING: OpenAI warns employees that spies could be trying to seduce them; women may not be with them for their personalities. 📍Silicon Valley, CA “If she’s a 6 or above in San Francisco she’s a spy” warned one commentator.

The S&P 500 is down 1.3% so far today, with around $900 billion in market value lost.