Big Tech is Spending $725B on Artificial Inteligence

Big Tech is Spending $725B on Artificial Inteligence

Summary The industry is betting the house on artificial intelligence — pouring record capital into infrastructure while cutting the workforce, ignoring security fundamentals, and quietly reshaping the internet’s plumbing. This week’s tech news isn’t...
Trump Flies to Beijing With His Billionaires

Trump Flies to Beijing With His Billionaires

Summary The state visit is billed as a trade reset. But China’s real asks — on Taiwan, on technology controls, on the Strait of Hormuz — will be decided behind closed doors while the world watches a Boeing deal get announced. The mainstream coverage of Donald...
Inflation Accelerates to 3.8% in April

Inflation Accelerates to 3.8% in April

Summary The April CPI came in hotter than expected on all fronts — headline, core, and energy — cementing the end of the Fed’s easing cycle and raising the first serious discussion of rate hikes since 2023. Markets took it calmly. They probably shouldn’t...
How MicroStrategy Turned Wall Street Into a Bitcoin ATM

How MicroStrategy Turned Wall Street Into a Bitcoin ATM

Summary MicroStrategy has accumulated over 818,000 Bitcoin using stock sales, convertible bonds and preferred shares — creating a financial flywheel that amplifies both the upside and the downside for ordinary shareholders. What Is Actually Happening MicroStrategy —...
The FAA’s $32.5 Billion Bet on AI

The FAA’s $32.5 Billion Bet on AI

Summary The FAA is rolling out SMART — an AI system designed to predict air traffic conflicts hours or even months in advance. With a $32.5 billion price tag and the wreckage of the NextGen program still fresh, the question isn’t whether AI can help run...