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AI Price Wars Begin: OpenAI Considers "Drastic Price Cuts" In Pursuit Of Anthropic Customers

AI Price Wars Begin: OpenAI Considers "Drastic Price Cuts" In Pursuit Of Anthropic Customers Earlier today, in a report discussing how "AI bills are out of control", JPMorgan tech guru and TMT salesman, Mark Schilsky wrote that "most of my high level investor discussions focus on one major topic: when will the party end? Put another way, tech investors have made so much money in Semis so quickly that they are looking for potential warning signs that the music is about to stop. Predicting such an end is incredibly difficult. As...
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Jun 22, 2026 / Tyler Durden
Chevron Lands 20-Year Deal To Power Microsoft's AI Expansion
Chevron Lands 20-Year Deal To Power Microsoft's AI Expansion Microsoft has signed a 20-year agreement with Chevron to power a massive new AI-focused data center campus in West Texas, underscoring the growing race among tech companies to secure reliable energy supplies, according to Bloomberg. The project, known as Project Kilby, is expected to begin generating power in 2028 and eventually reach 2.67 gigawatts—enough electricity for more than 530,000 Texas homes. Chevron is developing the project with Engine No. 1 and expects to make a final investment decision later this year. Despite the...
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Jul 28, 2026 / Tyler Durden
J&J's Proposed $5.5 Billion Talc Settlement May "Lift Remaining Overhang" On Shares, Says Guggenheim
J&J's Proposed $5.5 Billion Talc Settlement May "Lift Remaining Overhang" On Shares, Says Guggenheim Johnson & Johnson announced late Monday that it had reached an agreement to commit $5.5 billion to resolve most lawsuits alleging its talc products caused ovarian cancer. The settlement could end 15 years of litigation and "lift the remaining overhang" on J&J shares, according to one institutional trading desk. The "comprehensive resolution," as described by J&J, requires participation from law firms representing at least 95% of pending state and federal claims. The company faces roughly 76,000 lawsuits,...
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Mar 14, 2026 / Tyler Durden
Influenza Vaccine Effectiveness Lower In Recent Months, Preliminary Data Show
Influenza Vaccine Effectiveness Lower In Recent Months, Preliminary Data Show Authored by Zachary Stieber via The Epoch Times (emphasis ours), The effectiveness of vaccines against influenza dropped during the 2025–2026 virus season, officials said on March 12, about two months after the Centers for Disease Control and Prevention (CDC) stopped recommending flu vaccination for all children. An influenza vaccine in a doctor's office in Coral Gables, Fla., on Sept. 15, 2025. Joe Raedle/Getty Images Vaccine effectiveness for late 2025 and early 2026 against outpatient visits and hospitalization was pegged at 14 percent to...
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