SpaceX Meltdown Vaporizes $1 Trillion In Market Cap As Stock, Bonds Crater

Hackers Launch 'Vishing' Cyberattacks Against Major Hedge Funds Several major Wall Street firms have been hit with a wave of sophisticated cyberattacks using voice phishing, or 'vishing' to trick employees into revealing sensitive information or granting access, Bloomberg reports.  Crash Override gets his ass handed to him by Acid Burn (Hackers) The attacks targeted some of the world's largest hedge funds - including Citadel, Point72, and Two Sigma Investments, along with several private equity firms.  Two Sigma, which manages $75 billion, says they were able to thwart the attacks. "Our security team responded quickly to an attempted vishing campaign...

China's DeepSeek Debuts Flagship AI Model As Compute Race Intensifies Chinese AI startup DeepSeek has launched a preview version of its long-awaited V4 model, ending months of silence from one of China's most closely watched AI labs and arriving a year after its R1 release sparked U.S. market turmoil and concerns across Silicon Valley AI firms. The rollout signals that DeepSeek is full steam ahead in the frontier-model race: DeepSeek-V4 Preview is officially live & open-sourced! Welcome to the era of cost-effective 1M context length. DeepSeek-V4-Pro: 1.6T total / 49B active params. Performance...

CEO Warns The 2028 Election Will Be A Brutal Referendum On This One Thing Some of Silicon Valley's biggest AI boosters are warning that artificial intelligence could become a defining issue in the 2028 presidential election as voters grow increasingly uneasy about the massive infrastructure buildout needed to power the technology. Box CEO Aaron Levie told the Andreessen Horowitz podcast that the next presidential contest could effectively become an "AI election," forcing candidates to confront growing public anxiety surrounding the technology. "The next election will 100% be a referendum on AI," Levie...