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Nvidia Favors $30 Billion OpenAI Investment, Retreating From Prior $100 Billion Commitment

Nvidia Favors $30 Billion OpenAI Investment, Retreating From Prior $100 Billion Commitment Update (Friday):  Bloomberg reported earlier this week that OpenAI is nearing completion of a new funding round that could raise more than $100 billion. Separately, the Financial Times reported on Thursday that Nvidia is close to finalizing an investment of about $30 billion in OpenAI, a significantly smaller amount than the $100 billion commitment agreed upon last year. FT cited people familiar with the funding round who said the "final stages" have begun and that Nvidia's $30 billion equity...
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Mar 25, 2026 / Dave DeCamp
Iranian Official Suggests Yemen’s Houthis Could Close Bab el-Mandeb Strait If US Launches Ground Attacks
An Iranian official on Wednesday suggested that Yemen’s Houthis, officially known as Ansar Allah, could close the Bab el-Mandeb Strait, which connects the Gulf of Aden and the Red Sea, if the US launches ground operations against Iran. So far, the Houthis, who govern an area of Yemen where most of the population lives, have […]
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Mar 30, 2026 / Tyler Durden
Voter ID Vindicated By Obama Judge
Voter ID Vindicated By Obama Judge It took seven years, one reversed injunction, and an Obama-appointed judge to settle what most Americans already believed: requiring a photo to vote is not a civil rights violation. This week, U.S. District Judge Loretta Biggs dropped a 134-page ruling upholding North Carolina's photo voter ID law and dismissing claims by the state NAACP and other left-wing civil rights organizations that Republicans designed the 2018 requirement to discriminate against black and Latino voters.  The decision is a huge victory for Republican legislative leaders, who have been...
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Mar 26, 2026 / Tyler Durden
Will AI Trigger The Next Great Depression?
Will AI Trigger The Next Great Depression? Authored by Michael Lebowitz via RealInvestmentAdvice.com, Our article title is certainly scary. The question we pose has become a hot topic following the release of “The 2028 Global Intelligence Crisis,” by Citrini Research. While evaluating the impact of AI on the labor market is complex, we can distill both optimistic and pessimistic views into two straightforward questions. Will AI bring about an era of unmatched prosperity and productivity, freeing workers from monotonous tasks, revitalizing old industries, and creating new and unimaginable ones? Or will AI displace many...
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