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AI "Circle Jerk" Returns: Anthropic To Spend $100 Billion On AWS In Amazon Deal
AI "Circle Jerk" Returns: Anthropic To Spend $100 Billion On AWS In Amazon Deal
Circular AI vendor financing is back and back in a big way...
As we noted last fall, when we walked readers through the stunning math behind what we called the AI "circle jerk," this latest iteration centers on Amazon and Anthropic, with the left-leaning AI company now committing to spend more than $100 billion over the next decade on AWS infrastructure.
In the announcement on Monday evening, Anthropic committed to spending more than $100 billion over the next...
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Sep 1, 2026 / Tyler Durden
Shein IPO Flops As Fast-Fashion Empire Sees Growth Slowdown
Shein IPO Flops As Fast-Fashion Empire Sees Growth Slowdown
Chinese online fast-fashion retailer Shein made its long-awaited Hong Kong market debut Tuesday, only to fall flat in what can only be viewed as a disappointing IPO plagued by investor concerns about slowing growth, rising costs and an increasingly challenged international business model.
"Shein's many challenges are well known to investors and likely behind the sharp share-price fall on IPO day," Vey-Sern Ling, managing director at Union Bancaire Privée, wrote in a note. "Growth is slowing and losses rising amid stiff competition...
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Jesus and the Christian Socialist’s Problem of Evil
Those who invoke Jesus for socialism face a tension: if the power to end suffering creates a moral obligation, then the Jesus who healed many but not all appears, by that standard, either unwilling or unable.
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