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Meta’s $200 billion Hyperion data centre in Louisiana is the most expensive private infrastructure project in American history

Meta is building the most expensive single piece of private infrastructure in American history. Hyperion, the company’s AI data centre campus in Richland Parish, Louisiana, now carries a projected cost of more than $200 billion, a figure that has grown steadily since the project was first announced at $10 billion in December 2024. The campus […]

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GM, Ford, and Stellantis have cut 20,000 white-collar jobs. AI is about to accelerate the trend.

General Motors, Ford, and Stellantis have together eliminated more than 20,000 US salaried jobs from their recent employment peaks this decade, a 19% reduction of their combined white-collar workforces, according to public filings and employment data analysed by CNBC. The cuts accelerated this week when GM laid off between 500 and 600 IT workers in […]

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GM, Ford, and Stellantis have cut 20,000 white-collar jobs. AI is about to accelerate the trend. Read More »

Chinese parts already power American cars, and that’s exactly why Congress is panicking

  Somewhere in the wiring of the car you drove this morning, there is almost certainly a Chinese component. An airbag inflator. A windshield. A steering column bearing. According to global consulting firm AlixPartners, more than 60 US-based auto suppliers are now owned by Chinese companies, making everything from axles to electronic control units for […]

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Trump leaves Beijing saying he and Xi talked AI guardrails. Nothing was signed.

Asked what kind of guardrails on the way out, the US president told reporters on Air Force One: ‘standard guardrails that we talk about all the time’. H200 deliveries to ten cleared Chinese buyers remain stalled. Donald Trump told reporters on Air Force One on Friday that he and Xi Jinping discussed AI guardrails and […]

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Trump leaves Beijing saying he and Xi talked AI guardrails. Nothing was signed. Read More »

Wall Street’s six largest banks cut 15,000 jobs and posted $47 billion in profits. The CEOs stopped pretending.

  The six largest American banks shed 15,000 employees in the first quarter of 2026 while posting 47 billion dollars in collective profits, up 18 per cent year on year. The chief executives are no longer hedging. Jamie Dimon said artificial intelligence will eliminate jobs and that people should stop sticking their heads in the […]

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Wall Street’s six largest banks cut 15,000 jobs and posted $47 billion in profits. The CEOs stopped pretending. Read More »

The University of Michigan invested 20 million dollars in OpenAI before ChatGPT existed. Court documents show the stake is now worth two billion.

  The University of Michigan invested 20 million dollars in OpenAI before ChatGPT existed, before Microsoft committed billions, and before the company was worth more than some countries. Court documents from the Musk v. Altman trial revealed this week that the stake carries a target redemption value of two billion dollars. A university endowment made […]

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The University of Michigan invested 20 million dollars in OpenAI before ChatGPT existed. Court documents show the stake is now worth two billion. Read More »

The Pentagon published 162 UFO files on war.gov/ufo. Two-thirds are redacted. The government says it is being transparent.

The Department of War launched a website on Friday called war.gov/ufo. It contains 162 files, including photographs from the Apollo 17 mission that NASA cannot explain, infrared videos of objects the military cannot identify, and internal memos describing sightings in Iraq and Syria that no agency has resolved. Two-thirds of the documents are partially redacted. […]

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The Pentagon published 162 UFO files on war.gov/ufo. Two-thirds are redacted. The government says it is being transparent. Read More »

Intel’s stock tripled under Lip-Bu Tan. He still has not told most employees the plan.

  Intel’s stock has tripled in twelve months. Its chief executive still has not told most of his employees what the plan is. Lip-Bu Tan, who became CEO in March 2025, has spent the first fourteen months of his tenure building relationships outside the company rather than restructuring the one inside it. He has won […]

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Intel’s stock tripled under Lip-Bu Tan. He still has not told most employees the plan. Read More »

The Thai end of the Supermicro chip-smuggling case has a name, and it sits inside Bangkok’s national AI plan

US prosecutors believe a company at the centre of Thailand’s national AI strategy helped move billions of dollars in Nvidia-equipped Supermicro servers into China, with Alibaba among the eventual customers, Bloomberg reported on Friday. The company is OBON Corp., a Bangkok-based AI infrastructure firm that has been a public partner of Thailand’s National AI Strategy […]

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The Thai end of the Supermicro chip-smuggling case has a name, and it sits inside Bangkok’s national AI plan Read More »

Silicon Valley spent $25 million on a California governor candidate. He is polling at 4 per cent

Silicon Valley has spent more than 25 million dollars trying to make one of its own the next governor of California. The candidate is polling at four per cent. The June 2 primary is less than four weeks away. And the most instructive thing about the campaign of Matt Mahan, the 43-year-old mayor of San […]

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Silicon Valley spent $25 million on a California governor candidate. He is polling at 4 per cent Read More »

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