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Scramble For AI Compute: Meta Inks Multibillion-Dollar Deal With Amazon For CPU Chips
Scramble For AI Compute: Meta Inks Multibillion-Dollar Deal With Amazon For CPU Chips
Meta Platforms inked a multibillion-dollar agreement with Amazon to deploy tens of millions of AWS Graviton processor cores in support of its next-generation AI buildout. The deal makes Meta one of the largest Graviton customers globally and shows CEO Mark Zuckerberg's willingness to spend aggressively on compute infrastructure as the AI arms race intensifies with Alphabet, Microsoft, and other tech giants.
The news that the social media giant would deploy hundreds of thousands of Amazon's general-purpose chips...
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Apr 14, 2026 / Tyler Durden
Et Tu, Indonesia!
Et Tu, Indonesia!
As the squeeze continues on China's energy supply (and Xi has started to lash out here and here), we suspect the next words out of the Chinese leader's mouth (if he spoke Latin) will be "...et tu, Indonesia!"
As Stephen Green writes at PJMedia, it might have seemed like one of those dry, bureaucratic, almost meaningless announcements on Monday, when War Secretary Pete Hegseth posted on X that the U.S. and Indonesia "are elevating our relationship to a Major Defense Cooperation Partnership."
This arrangement “will explore mutually agreed cutting-edge...
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Apr 29, 2026 / Tyler Durden
Goldman's State Of U.S. Consumer Outlook Gets More Grim
Goldman's State Of U.S. Consumer Outlook Gets More Grim
Goldman consumer analysts Kate McShane and Bonnie Herzog cut their 2026 discretionary cash-inflow growth forecast for the second time this year, citing a worsening squeeze on U.S. households as slower disposable income growth collides with higher fuel prices at the pump. The revision points to a softening among cash-strapped consumers as the US-Iran conflict enters its third month.
McShane and Herzog cut their 2026 U.S. discretionary cash inflow growth to 3.7% from the previous forecast of 4.2% in early April, as...
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Apr 14, 2026 / Tyler Durden
La Marxista: Mamdani Pledges To Open First City-Run Store With Projected $30 Million Initial Cost
La Marxista: Mamdani Pledges To Open First City-Run Store With Projected $30 Million Initial Cost
Authored by Jonathan Turley,
Mayor Zohran Mamdani used his “First 100 Days” speech this week to announce that he has kept his promise to create a chain of city-run stores . . . by pledging to open one store sometime “next year.” According to the New York Post, the city is planning to make an East Harlem location the first store at a cost of $30 million. It will be located in La Marqueta near Park Avenue.
It...
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