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Nadella's Hedge: Microsoft Wants To Make AI Models Cheap - Then Own The Rails They Run On
Nadella's Hedge: Microsoft Wants To Make AI Models Cheap - Then Own The Rails They Run On
The entire AI capital cycle - roughly $700 billion in hyperscaler capex this year, an estimated $2 trillion-plus through 2028 - is collateralized by one belief: that intelligence is scarce, and therefore priceable. That belief is already under strain. Per-token inference prices have fallen on the order of 200× in a year, and the only thing holding revenue up is volume; the cost of intelligence is dropping even as the cost of deploying...
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May 25, 2026 / Tyler Durden
Huckabee Tells Lebanese To Thank Israel For Seedless Watermelons, While Under IDF Bombs
Huckabee Tells Lebanese To Thank Israel For Seedless Watermelons, While Under IDF Bombs
Via Middle East Eye
Mike Huckabee, the US ambassador to Israel and a passionate advocate of its wars in the region, has told the people of Lebanon to be grateful for Israeli contributions to its society.
Video of Huckabee speaking at the Atlas Awards in Tel Aviv on May 12 has only recently emerged and is being shared online after it was picked up by Chris Menahan of the news site Information Liberation.
via AFP
In the speech, Huckabee extolls the various purported Israeli contributions to...
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Sep 22, 2026 / Tyler Durden
Texas Governor Orders Halt To New Data Centers Weeks After Issuing Moratorium
Texas Governor Orders Halt To New Data Centers Weeks After Issuing Moratorium
One month after Texas Governor Greg Abbott ordered a pause on Texas data center approvals pending an audit, overnight the governor doubled down and ordered the state’s environmental watchdog to withhold permits for new data centers until an audit of risks to the power grid is complete.
No authorizations can be given until the Electric Reliability Council of Texas, or Ercot, completes its review, Abbott said in a statement on Monday.
Gov. Abbott directed the TCEQ to halt any new...
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Aug 25, 2026 / Tyler Durden
A Teachers' Union Hits The Wrong Target
A Teachers' Union Hits The Wrong Target
Authored by Stephen Soukup via American Greatness,
The California State Teachers Retirement System (CalSTRS) is the largest teachers-only public pension system in the country, with more than $400 billion in assets under management. As of December 31, 2024, CalSTRS directly held three-quarters of a million shares of Target Corporation, worth more than $100 million.
If one were to add in the Target holdings of the Teacher Retirement System of Texas and the New York State Teachers' Retirement System (the second and third-largest teachers-only plans in...
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