Fed's Favorite Inflation Indicator Surges In September As Soaring Energy Costs Drags Americans' Savings Rate To 4-Year Lows

"Guppy-Level Death": Musk Warns Of Mass AI Neocloud Failures Amid Funding Crunch Authored by Felix Ng and Yohan Yun via Cointelegraph, Elon Musk warns that over 200 specialist AI cloud providers could fail or consolidate as lenders tighten up their purse strings. Musk said Sunday on X that lenders had largely stopped providing financing to companies without substantial revenue streams outside AI data centers. He said SpaceX had secured $40 billion in debt financing for GPUs because of its investment-grade status and revenue from its Starlink satellite internet and rocket businesses. "That means...

WW3 Near-Miss? AI Hallucinated Nuclear Weapons Components Aboard Chinese Vessel Bound For Iran Could runaway artificial intelligence (AI) spark a future WW3? We don't need movies like Terminator 2 and its SkyNet to help us imagine this, it's 2026 and there is already a terrifying real-world precedent that could have kicked off a shooting war with nuclear-armed China. A human analyst within the US intelligence community utilized data gathered by AI for a report that was later widely circulated across classified Pentagon channels, except that the chatbot which was relied upon in effect...

Israeli Defense Chief Lashes Out At Trump Policy For Preventing Destruction Of Hezbollah Israeli Defense Minister Israel Katz in a talk before reporters Monday ripped the Trump administration, blaming the US for giving into Iran's demands that a peace framework incorporate the Lebanon front. Trump "exerted pressure" on Israeli PM Benjamin Netanyahu within several telephone calls "in the run-up to the signing of the memorandum of understanding" - and ultimately prevented Israel from disarming and destroying Hezbollah, he asserted. Katz expressed "regret" at the US linking up Iran and Lebanon, saying: "The...