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Feeding the AI bubble are circular investments by BigTech

"The financial structure of these deals between OpenAI, Oracle, and Nvidia has drawn scrutiny from industry observers. Earlier this week, Nvidia announced it would invest up to $100 billion as OpenAI deploys Nvidia systems. As Bryn Talkington of Requisite Capital Management told CNBC: "Nvidia invests $100 billion in OpenAI, which then OpenAI turns back and gives it back to Nvidia."

Oracle's arrangement follows a similar pattern, with a reported $30 billion-per-year deal where Oracle builds facilities that OpenAI pays to use. This circular flow, which involves infrastructure providers investing in AI companies that become their biggest customers, has raised eyebrows about whether these represent genuine economic investments or elaborate accounting maneuvers.

The arrangements are becoming even more convoluted. The Information reported this week that Nvidia is discussing leasing its chips to OpenAI rather than selling them outright. Under this structure, Nvidia would create a separate entity to purchase its own GPUs, then lease them to OpenAI, which adds yet another layer of circular financial engineering to this complicated relationship."
arstechnica.com/ai/2025/09/why
@techtakes

According to the agency, “more than 300 co-located SIM servers and 100,000 SIM cards” were discovered at multiple locations within the New York City area. Photos of the seized gear show what appear to be “SIM boxes” bristling with antennas and stuffed with SIM cards, then stacked on six-shelf racks. (SIM boxes are often used for fraud.) One photo even shows neatly stacked towers of punched-out SIM card packaging, suggesting that whoever assembled the system invested some quality time in just getting the whole thing set up.

The gear was identified as part of a Secret Service investigation into “anonymous telephonic threats” made against several high-ranking US government officials, but the setup seems designed for something larger than just making a few threats. The Secret Service believes that the system could have been capable of activities like “disabling cell phone towers, enabling denial of services attacks, and facilitating anonymous, encrypted communication between potential threat actors and criminal enterprises.”

Trump is not the actual problem. The problem are all those people that enable him. And John Roberts stands out as someone that has the pretence of integrity (which nobody in MAGA or TESCREAL has), yet is going at great lengths to destroy the checks and balances of American democracy.

newrepublic.com/article/199773

Youth will save the world. These old fascist fuckers, billionaires, oligarchs, criminals, corrupt "neutrals" etc... they will all be swept away by their own children. No nation can fight against their own youth and win.

Toasted grasshoppers, called chapulines, have been a seasonal treat for thousands of years in Oaxaca, Mexico. Anthropology professor Jeffrey H. Cohen, author of “Eating Grasshoppers: Chapulines and the Women who Sell Them,” dives into the history of eating insects:

buff.ly/ptt9Puk

It's more than obvious now that common Israelis think of themselves as superior to a Palestinian. It is beyond understanding how ignorant they must be of their own family history to allow themselves into such levels of ethno-nationalism.
aljazeera.com/news/2025/9/17/d

@freemo clearly the rich have a team of accountants that make sure that their income gets balanced with spending, so that they could report more modest profits. Not a big secret. It's just that they have well-paid professionals to do it for them.

MeetMeTonight sono giornate in cui la ricerca milanese invita la citadinanza a partecipare nella ricerca scientifica.

Come parte di questo evento con i miei colleghi stiamo organizzando un incontro per giovani (età 13-18 anni) per conoscere la storia della lingua, in questo caso la lingua dei tempi di Shakespeare. La nostra attività dura un’ora e ci sono sessioni alle 11:00 e 12:00. Sabato, 27 settembre, Via Festa del Perdono, 7, aula 104. Accesso gratuito.

On a dry late August afternoon, we stood outside Silivri — the high-security prison west of Istanbul, where Ekrem İmamoğlu, the elected leader of Europe’s largest city, has been detained for months.

Behind us, Turkish civil society leaders held aloft banners; beside us were colleagues from his municipal team; and around us were a quiet but resolute crowd of supporters, including six other local leaders from large cities across Europe.

It wasn’t the visit we had planned, but it was powerful all the same.

In that moment, what struck us most wasn’t just the absence of the man we had traveled to see — and to whom national authorities had denied us access. It was the presence of his values echoing from every voice that spoke.

Hope, we realized, isn’t incarcerated by prison walls. And everything we witnessed only deepened our resolve to stand by our fellow city leaders and defend local democracy.

What we heard in Istanbul wasn’t despair but moral strength. İmamoğlu’s colleagues told us of how he remains engaged even behind bars, how he still asks about city projects and encourages his team to stay the course, insisting that the work of building a more inclusive, sustainable Istanbul continues.

@freemo one more question, quite silly. What is glitch?

P.S.: The data collection is massive. We can't consistently simulate accounts that aren't based in the EU. Data collection isn't as massive for EU accounts. Our entire team is currently in the EU, which makes recording a demo capturing the massive data collection difficult. Our time is limited. It would be great if researchers outside the EU investigated this. We're happy to help.

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@freemo I'd go for the long-term solution, which seems to be the latter. But that's theory. I'd think a decision depends on the specifics of these unique features and who uses them. For better or worse, such decisions will always ought to be utilitarian. I hope these thoughts are useful at all.

@theintercept "In 2021, eight of the 10 states with the highest gun death rates per capita were won by Trump in the 2020 election. Mississippi — with a staggering 33.9 per 100,000 firearm death rate, the worst in the nation — voted solidly Republican. By contrast, states with the lowest gun death rates — like Massachusetts, at 3.4 per 100,000 — reliably vote Democratic."

@freemo for a while now my profile stream page has been returning status 500: qoto.org/@mapto

Any idea of the reasons?

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