Anthropic CEO Fires Back After Trump Officials Call Company "Fear-Mongers"
The Statement Anthropic CEO Dario Amodei went public Tuesday to defend his company. He said he needed to "set the record straight" after "a recent uptick in inaccurate claims about Anthropic's policy stances." His core message: "Anthropic is built on a simple principle: AI should be a force for human progress, not peril. That means […]
UK Inflation Expected to Hit 4% - Double the Target and Killing Rate Cut Hopes
The Inflation Problem UK inflation data drops Wednesday, and expectations aren't good. Economists predict the inflation rate rose to 4% in September. That's: • Double the Bank of England's 2% target • The highest among major developed economies • Bad news for anyone hoping for rate cuts Markets currently price a nearly 15% chance the […]
Bessent: Lending $20 Billion to Argentina Was "Mission-Critical" Despite Shutdown
What Happened Treasury Secretary Scott Bessent is defending a controversial decision. During the recent government shutdown, the Treasury Department finalized a $20 billion lifeline to Argentina. This happened while most government functions were frozen. Senator Elizabeth Warren, ranking member of the Senate Banking Committee, wasn't happy. She sent Bessent a letter last week demanding an […]
AI's Energy Problem Has a Silver Lining: Efficiency Breakthroughs
The Energy Problem AI has a massive appetite for power. Data centers fueling AI consumed about 1.5% of global electricity last year. The International Energy Agency predicts that could more than double by 2030. That increase likely means burning more fossil fuels: • Coal • Natural gas • Other polluting energy sources More fossil fuels […]
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