Another Day, Another Data Center Faceplant: Korea's Biggest IPO Of The Year Craters 32% Within Seconds

Anthropic's $2 Trillion Bet Is That Nothing Goes Wrong The most revealing aspect of a $2 trillion Anthropic IPO is not the staggering valuation, but the suspension of disbelief required to justify it. To buy into that number, investors must assume that artificial intelligence is becoming economically indispensable at breakneck speed, that a formidable moat will protect a handful of frontier-model developers, and that the exorbitant costs of computing infrastructure will not eventually crush their margins. More crucially - they must wager that the political, technical, and institutional risks inherent to an increasingly...

$427,000 In Salaries, No Employees: FBI Raid Puts Baltimore City Nonprofit In Spotlight A Baltimore City nonprofit that received $1 million in federal pandemic funding reported more than $427,000 in salaries and wages while listing zero employees on its federal tax filing, according to Chris Papst, lead investigator for FOX45's Project Baltimore. Papst has tracked nonprofit KEYS Empowers since FBI agents raided the nonprofit linked to a Baltimore City school board member who abruptly resigned. KEYS Empowers' latest Form 990 filing, covering 2024, reported $2,001,754 in revenue, with $427,201 paid out in salaries and...

A New York Times investigation reveals the US aided in an attack on a cattle and dairy farm in Ecuador earlier this month. The Department of War claimed the operation targeted a drug lab.  In early March, the US and Ecuador conducted joint military operations against alleged drug targets. “The operations are a powerful example […]