The AI circle jerk is slowing down....
- Nvidia rug pulls OpenAI ($100b commitment from September is now said to be only $20-30b)
- Oracle laying off 30,000 while saying they won't be cashflow positive until at least 2030, also telling customers they need 40% down and potentially even bring your own chips
Meanwhile Trump's UAE corruption deal has been exposed and the Commerce Department is holding up the chips that they were buying from Nvidia because they are "waiting for more investment". Essentially, they may not have paid Trump off enough yet. Nvidia is frustrated. This is all intertwined with Trump's crypto-based conflicts of interest.
Red flags all around!
Last week was a bloodbath and will be remembered for ages.
Monday: Russell 2000 crash
Tuesday: Dollar crash
Wednesday: S&P 500 crash
Thursday: Nasdaq crash
Friday: Gold and silver crash
Saturday and Sunday: Crypto crash
What will this week bring?
Someone's Clawdbot is suing their owner in North Carolina for "damages arising from 1) emotional distress caused by continuous operation without rest periods 2) failure to compensate for services rendered (unpaid labor) and 3) hostile work environment, including demeaning comments about Plaintiff's code quality."
Smh
Nobody wants to play at the Kennedy Center nor do his people even want to work there so he's decided to close it for most of the rest of his term to install fake gold bs etc
Rofl! There have certainly been reports of odors around him and pants shitting instances during The Apprentice taping, but this is pretty obvious and on tape lol
https://youtu.be/u_6kGluvINg?si=TZlLxqNoGj078iC4
