Maine’s governor vetoes data center moratorium
L.D. 307 would have imposed the country’s first statewide moratorium on new data centers — lasting, in this case, until November 1, 2027.
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Trump fires the entire National Science Board
Multiple sources are reporting that the Trump administration has dismissed the entire National Science Board (NSB). The NSB advises the president and Congress on the National Science Foundation (NSF), which has already been funding research at historically low levels and has seen significant delays in doling out that funding. The NSF has been fundamental in […]
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OpenAI knew. It chose not to call the police. Now Sam Altman is sorry.
Sam Altman published an open letter to the community of Tumbler Ridge, British Columbia, on Thursday, apologising for OpenAI’s failure to alert law enforcement after its own systems flagged a user who went on to carry out the deadliest school shooting in Canada in nearly four decades. “I am deeply sorry that we did not […]
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The US wants to cut off China’s chip equipment. China says the supply chain will break for everyone.
China’s Ministry of Commerce warned on Friday that US legislation advancing through Congress would “severely disrupt the international economic and trade order and seriously undermine the stability of the global semiconductor industry chain and supply chain.” The legislation in question is the MATCH Act, the Multilateral Alignment of Technology Controls on Hardware, which passed the […]
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The AI rally looks like the dot-com bubble. The companies do not.
The Shiller cyclically adjusted price-to-earnings ratio for the S&P 500 stands at approximately 38 to 40, depending on the day you check. In 155 years of recorded data, the CAPE has been higher exactly once: March 2000, when it reached 44.19, one month before the Nasdaq began a decline that would erase 78% of its […]
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The AI rally looks like the dot-com bubble. The companies do not. Read More »
An influx of used EVs could drive down prices
Part of what has held back electric cars has been the cost. But an influx of used vehicles over the next three years could bring prices down dramatically. In 2025, just 123,000 leases on EVs expired. That is expected to more than double to 300,000 in 2026, and double again to 600,000 in 2027 and […]
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Oracle needed the world’s biggest bond fund to finance the world’s biggest data centre
In short: Oracle closed a $16.3 billion financing for a single data centre campus in Saline Township, Michigan, the largest single-facility technology debt package ever assembled. PIMCO anchored roughly $10 billion of the bond tranche because US banks retreated from the deal, citing doubts about AI infrastructure demand sustainability. The financing is part of $72 […]
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OpenAI CEO apologizes to Tumbler Ridge community
In a letter to the residents of Tumbler Ridge, Canada, OpenAI CEO Sam Altman said he is “deeply sorry” that his company failed to alert law enforcement about the suspect in a recent mass shooting.
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New AI tool seeks to un-AI your writing
Sinceerly is a Google Chrome extension that aims to make AI-generated text more human.
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The climate tech IPO window could finally be cracking open
Nuclear startup X-energy went public, geothermal startup Fervo is about to. Could this be the moment that climate tech investors have been waiting for?
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