UK Government Plans To Force Social Media Giants To Boost BBC Content To 'Fight Disinformation'

CoreWeave Expands Meta AI Deal To $21 Billion, Issues $4.25 Billion In New Convertible & Junk Debt CoreWeave has expanded its agreement to supply Meta with AI computing capacity, lifting the total value of the deal to $21 billion, as reported by Bloomberg. The updated terms extend AI cloud services through December 2032. This means that circular financing circle jerk we've been tracking since last year continues. LOL *COREWEAVE INKS $14 BILLION META DEAL TO SUPPLY COMPUTING POWER ye daily circle jerk — zerohedge (@zerohedge) September 30, 2025 The deal underscores a broader truth in the...

Everybody Involved In The "AI Extinction" Conversation Is Talking Their Own Book By Benjamin Picton, senior market strategist at Rabobank Coalition of the Exceedingly Reluctant US 10-year bond yields topped 5% on Monday, and again on Tuesday, as crude oil prices continued to move higher and overnight index swaps implied a higher chance of a Fed rate hike on Wednesday. The OIS market now has 24.9bps priced in for Wednesday’s FOMC meeting – suggesting that traders view a Fed hike this week as a near certainty. US and European equities were broadly lower...

Automakers Push Toward "Eyes-Off" Driving Despite Mounting Doubts Global automakers are zeroing in on a controversial waypoint in the autonomy race: “eyes-off” driving, known in the industry as Level 3, according to a new report by Reuters. The idea is simple but provocative — motorists could look away to send a message or work on a laptop until the vehicle signals them to retake control. After years spent refining hands-on driver aids that manage steering and speed, companies see Level 3 as a potential bridge between today’s supervised systems and tomorrow’s fully driverless...