"The Kevin Warsh Era Has Arrived With A Bang": Wall Street Reacts To Warsh's First FOMC

From "Designed Viruses" To "Digital Telepathy" – AI Panic Kicks Into Overdrive Authored by Kit Knightly via Off-Guardian.org, Two days ago, I wrote an article detailing the sudden rash of “rogue AI agents” allegedly  besetting the tech community, and how that may be used to bring in new regulations, notionally targeting AI, but actually limiting or monitoring how ordinary people use the internet. In the 48 hours since, that blatant fear-mongering has gone WILD. Within a few hours of our original article being published, Meta joined the parade of “rogue AIs”, when Mark Zuckerberg “confirmed” one of...

Goldman, JPM Block China, Hong Kong Investors From SpaceX IPO SpaceX's institutional roadshow kicked off Thursday, with JPMorgan CEO Jamie Dimon hosting a "live interactive discussion" for ultra-wealthy clients across 90 JPM locations in 26 states. Shortly after, SpaceX's IPO slide deck was made public, likely in a bid to supercharge retail demand for what could be the largest public listing in history. However, one key investor pool appears to be shut out: China and Hong Kong. Bloomberg News reports that SpaceX's underwriters have blocked investors in China and Hong Kong...

Texas Approves AI Data Center Co-Location Next To Wind Farm, With Curtailment Caveats By Marlene Wilden of UtilityDive The Public Utility Commission of Texas last week approved a net metering arrangement for a 260-MW AI data center co-located with a wind farm of approximately the same capacity in a case that could serve as a template for other co-located loads in the Lone Star State. The data center is the second one planned for the site, and the developer had argued it should not be subject to the same curtailment requirements as...