Investors pursuing AI riches keep chasing the chokepoint. First they backed the models themselves (OpenAI), then the chips and compute (Nvidia, CoreWeave) that power them, then the dirt and steel that house them (data center stocks). The “picks and shovels” approach to investing then turned sleepy utilities into AI plays, ...
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Sanders ends his silence on Platner’s implosionSanders ends his silence on Platner’s implosion
The News As progressives fought on Tuesday to salvage some validation from the wreckage of Graham Platner’s Senate bid, his most important endorser on the left broke a conspicuous silence to try to nudge him out of the race. Sen. Bernie Sanders backed Platner nearly a year ago and elevated ...
‘FOBO’ is driving China’s AI anxiety‘FOBO’ is driving China’s AI anxiety
Andy’s view China has long been a nation of techno-optimists, and not just because software and engineering — from smartphones to high-speed trains to drone deliveries — have radically improved life across the country in the span of a single generation. Faith in technology as a force for progress is ...
UN warns of ‘catastrophe’ unfolding in SudanUN warns of ‘catastrophe’ unfolding in Sudan
The UN warned of a “catastrophe” unfolding in el-Obeid, Sudan. The Human Rights Council passed a motion condemning escalating violence and setting up an inquiry; its chief said the besieged town has been subject to “relentless” drone strikes as well as executions, torture, abductions, and sexual violence. Save the Children ...
Iran strikes two tankers in Strait of HormuzIran strikes two tankers in Strait of Hormuz
US officials said Iran had struck two tankers traversing the Strait of Hormuz, testing a ceasefire that has helped almost halve oil prices from their recent April peak. While some Gulf countries have ramped up oil shipments to near pre-Iran war levels — Saudi Arabia has exported 34 million barrels ...
Le Pen’s presidential bid hangs in the balanceLe Pen’s presidential bid hangs in the balance
A French court will rule today on whether the hard-right leader Marine Le Pen can run in next year’s presidential elections, a decision that will reverberate well beyond Paris. Le Pen is appealing a 2025 conviction for embezzling public funds, resulting in a jail sentence and a five-year ban on ...
NATO is falling behind in global arms raceNATO is falling behind in global arms race
War has changed, and NATO is struggling to keep up. Apart from the need to bolster European leadership as the US backs off, the alliance “has the wrong technology” and its “doctrine is outmoded,” analysts told the Financial Times. “Our tactical/operational conceptual thinking rather stopped in about 1991,” a NATO ...
Trump boosts Dell stock with White House remarksTrump boosts Dell stock with White House remarks
Dell shares jumped Monday after US President Donald Trump encouraged Americans to “go out and buy a Dell computer,” underscoring the growing proximity of Big Tech and US executive power. Trump promoted the company during the first-ever Wall Street opening bell held at the White House, marking the launch of ...
Alibaba wins US lobbying reprieveAlibaba wins US lobbying reprieve
A US federal judge granted Alibaba a legal reprieve that would allow the Chinese e-commerce giant to temporarily resume lobbying in the US, the latest development in a closely watched case with implications for the countries’ technological rivalry. Washington lobbyists dropped Alibaba as a client following a US law barring ...
Democratic presidential hopeful questions absolute US support for IsraelDemocratic presidential hopeful questions absolute US support for Israel
A Democratic 2028 presidential hopeful’s speech in Israel this week is expected to convey that “the era of absolute US support for Israel’s government is over,” Politico reported. Rahm Emanuel, an Israel supporter and critic of the Netanyahu government, plans to say that Israel should view US support as “expressly ...