Lawmakers are now asking Trump to preserve his chat logs with Grok. AI has talked its way into the White House—this world is truly absurd.
What’s even more absurd today is what’s happening with Anthropic. A $15 billion loan for a Texas data center was moving through the banks, then they stopped pushing it forward—not because they ran out of money, but because Texas itself hit pause: first assess whether the power grid can handle it, then talk about new projects. Get it now? The bottleneck for AI isn’t financing—it’s electricity. I was just marveling at how hot power infrastructure was, with Vertiv orders up 55% and GE Vernova’s backlog still at $200 billion. Now we’re watching a loan get stalled out. You can print money; you can’t print electricity.
Meanwhile, DoorDash has come in with $17 billion—cash and stock—to buy Instacart for $65 a share, and it’s planning to use debt to get the deal done. A food delivery platform with no AI story is looking for growth through an acquisition. Straightforward and decisive. And look at Merck raising its full-year guidance and eBay comfortably beating expectations. Sectors without an AI label aren’t necessarily doing badly.
$BTC is still languishing below the $80,000 mark. Goldman Sachs says this December rate hike could be the last one, though March next year is still up in the air. My take: over the next two months, don’t just listen to stories—watch three things: electricity, cash flow, and consumer spending. Any story that can’t become reality means the rally behind it is built on sand.
NFA DYOR
#AI #美联储 #比特币 #美股 #Cryptocurrency
What’s even more absurd today is what’s happening with Anthropic. A $15 billion loan for a Texas data center was moving through the banks, then they stopped pushing it forward—not because they ran out of money, but because Texas itself hit pause: first assess whether the power grid can handle it, then talk about new projects. Get it now? The bottleneck for AI isn’t financing—it’s electricity. I was just marveling at how hot power infrastructure was, with Vertiv orders up 55% and GE Vernova’s backlog still at $200 billion. Now we’re watching a loan get stalled out. You can print money; you can’t print electricity.
Meanwhile, DoorDash has come in with $17 billion—cash and stock—to buy Instacart for $65 a share, and it’s planning to use debt to get the deal done. A food delivery platform with no AI story is looking for growth through an acquisition. Straightforward and decisive. And look at Merck raising its full-year guidance and eBay comfortably beating expectations. Sectors without an AI label aren’t necessarily doing badly.
$BTC is still languishing below the $80,000 mark. Goldman Sachs says this December rate hike could be the last one, though March next year is still up in the air. My take: over the next two months, don’t just listen to stories—watch three things: electricity, cash flow, and consumer spending. Any story that can’t become reality means the rally behind it is built on sand.
NFA DYOR
#AI #美联储 #比特币 #美股 #Cryptocurrency