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@benjaminnorton
Journalist, political economist, editor of Geopolitical Economy Report || Videos: http://youtube.com/@GeopoliticalEconomyReport || Articles: http://GeopoliticalEconomy.Report
World & Business
NBC News reported Brent settled at $109.86 as the Nasdaq 100 fell 2.5% amid oil and AI-debt concerns.
AI
Yahoo Finance, citing a prospectus seen by Reuters, reports that Anthropic plans $518 billion in cloud, computing and infrastructure obligations in the coming years.
World & Business
One commentator argues that a financial bubble in the AI sector is plausible, but that this is a separate claim from dismissing the technology itself as hype.