Without Subsidies, Is AI Unaffordable?

Feds Nab Iranian In Montenegro Over Alleged $3.4BN Cyberattack Campaign Targeting US Institutions In the years leading up to President Trump coming into office and ordering Operation Epic Fury targeting the Islamic Republic for regime change, which failed to accomplish this (early-stated) goal, Iran had frequently been accused of orchestrating major cyberespionage campaigns targeting the United States and its allies. But rarely was any individual or group apprehended for such alleged cyberattacks, much less was definitive proof uncovered of backing from the Iranian government. But on Friday there has been a...

The Consumer Sentiment Disconnect From Economic Reality Authored by Lance Roberts via RealInvestmentAdvice.com, The University of Michigan’s Consumer Sentiment Index just printed 44.8 in May. That’s the worst reading since the survey began in 1952. That print was lower than in 2008 and the 1980 inflation panic. It was also worse than the COVID lockdowns, yet the S&P 500 continues to climb higher, Q1 corporate earnings posted 27% growth, and weekly jobless claims sit near cycle lows. That “disconnect” has sparked many statements on social media, such as: “GDP is growing at a healthy...

Top US Diplomat Takes Post In Caracas As Part Of Post-Maduro Transition Plan For the first time in many years, the United States has a top diplomat officially in residence representing Washington to Venezuela. Veteran US diplomat John M. Barrett has arrived in Caracas to serve as chargé d’affaires at the US Embassy in Venezuela, the mission announced Thursday, marking a new phase in Washington's diplomatic presence in Venezuela, and after a US military raid on Jan.3 ousted and captured longtime leader Nicolás Maduro. Image via Prensa Libre Barrett is a career member of...