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META Delays AI Rollout Because It Sucks, May License Gemini; Musk Reboots xAI 'From The Foundations Up'
META Delays AI Rollout Because It Sucks, May License Gemini; Musk Reboots xAI 'From The Foundations Up'
Mark Zuckerberg bet the farm on AI supremacy, and this year's crop is infested with bugs.
According to a new report, Meta has quietly pushed back the launch of its next-generation foundational AI model, internally code-named Avocado, from this month until at least May. The reason? Internal tests showed it underperforming on key benchmarks for reasoning, coding, and writing - trailing rivals like Google's Gemini 3.0, even as it beat Meta's own prior efforts and...
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Jun 24, 2026 / Tyler Durden
72 Ships Transited Hormuz In A Day: US Energy Secretary Says 'Taking Away' Iran's Key Leverage
72 Ships Transited Hormuz In A Day: US Energy Secretary Says 'Taking Away' Iran's Key Leverage
WTI futures briefly fell below $70 a barrel for the first time since the US-Iran conflict erupted, as tanker flows through the Strait of Hormuz are showing further signs of normalization and physical market tightness continues to ease.
Bloomberg noted that option markets are positioning for ongoing normalization. Put volume is exceeding calls, with some of the heaviest trading in August and September expiries between $60 and $68. The September $60 strike put is one...
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Feb 22, 2026 / Dave DeCamp
Fourteen Countries Condemn Huckabee’s Support for Israel Taking Over Most of the Middle East
US Ambassador to Israel Mike Huckabee has sparked a diplomatic firestorm, drawing a rebuke from 14 countries after expressing support for the idea of Israel taking over land stretching from Egypt to Iraq during an interview with Tucker Carlson. Huckabee made the comments when pressed on his Christian Zionist view that the modern state of […]
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Jun 25, 2026 / Tyler Durden
India's Imports Of Russian Oil Set For New Record High
India's Imports Of Russian Oil Set For New Record High
India is set to import a record-high volume of Russian crude in June as the Hormuz crisis and the U.S. waivers on Russia’s barrels have pushed the world’s third-largest crude importer to gorge on Moscow’s oil again, OilPrice reported.
India has imported 2.6 million barrels per day (bpd) of Russian crude oil so far in June, according to preliminary vessel-tracking data from commodity analytics firm Kpler cited by Indian media.
So far this month, Russian crude has accounted for as much as 53.5% of...
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