Everyone tracks Big Tech's AI capex. Roughly $600 billion over the past year across nine companies. Big number. Wrong number. The WSJ went through the footnotes of their SEC filings and found ~$3 trillion in additional commitments that don't appear on any balance sheet — about triple what these companies owe in leases and long-term debt combined. And it's growing faster than capex itself. Watch the mechanism in 25 seconds: Big Tech reports $600B in AI capex but holds $3 trillion in...
19 days ago • 1 min read
Meta released Muse Glimmer, a new open-weight AI model that's far smaller than rival frontier models. It's built for agentic tasks and runs on a Mac or PC with a single graphics card, targeting demand for on-device AI. The launch follows Meta's formation of an expensive superintelligence team last year to push back into the top tier of the AI race. Alongside the release, Zuckerberg called for lower US barriers on open-source AI to compete with China, arguing foreign labs hold advantages...
26 days ago • 1 min read
New AI rules went live in Europe on August 2. The short version: Chatbots now have to tell you they're AI, deepfakes have to be labeled, and fines run to €15 million or 3% of global turnover. The part most coverage missed: the big high-risk obligations got pushed to December 2, 2027. What actually landed now is the disclosure layer—the rules about telling people when content is synthetic. Why this matters to you even outside Europe: if your content reaches European audiences, these rules...
29 days ago • 1 min read
X Money Visa Card: All the Real Benefits Explained Yourmoney, on theworld's most powerful network. X recently started rolling out X Money to U.S. Premium and Premium+ subscribers, along with a new Visa debit card. Here’s a clear and honest breakdown of the benefits: 1. High Yield Premium+ users: 6.00% APY Premium users: 4.00% APY (can be boosted to 6.00% with qualifying direct deposits) Cash Back 3% cash back on eligible purchases made with the X Card Credited weekly Strong FDIC Protection...
about 1 month ago • 1 min read
Buy Now Pay Later for iPhones Is Here — Starting at $17.99/Month Instead of buying one outright, you can now lease an iPhone through Klarna with monthly payments starting at $17.99/month. Here are four things you should know: 📱 $17.99/month is for the entry-level model — not the Pro. An iPhone 17 Pro 256GB starts at $31.99/month for 24 months. 🛡️ AppleCare+ is no longer included. The old iPhone Upgrade Program used to bundle that protection. Klarna’s lease does not. 📄 During the lease, Klarna...
about 1 month ago • 1 min read
The AI Race Has Entered a New Phase For the past two years, one question has dominated the AI conversation: **"Which AI model is the smartest?"** Today, that question is becoming less important. The latest announcements from companies like Anthropic and xAI show that the industry is entering a new stage. The competition is no longer centered on building better chatbots—it is focused on developing **AI agents** that can reason, use tools, integrate with business systems, and complete...
about 1 month ago • 1 min read
AXDAVID AI Weekly America Is Blowing the AI Race – But It’s Not Too Late Axios co-founder and CEO Jim VandeHei has a stark warning in his new WSJ essay: The U.S. is squandering its lead in the defining technology of our time. We’re about to pour $1 trillion a year into AI — matching the combined cost of the Manhattan Project, Apollo program, Interstate Highway System, and Human Genome Project. The stakes? Global economic dominance, military superiority, space control, and shaping...
about 2 months ago • 1 min read
AXDAVID AI Weekly Fortune confirmed it this week: Anthropic overtook OpenAI in revenue. OpenAI reports $25–33 billion annualized. Anthropic is on track for $47 billion — and expects profitability in 2029, a full year before OpenAI. Here's the part that should stop you: ChatGPT gets 5.19 billion monthly visits. Claude gets 952 million. Five times the traffic. Less revenue. The reason is structural. Anthropic built 80% of its income on enterprise contracts — the kind that renew and expand...
2 months ago • 1 min read
AXDAVID AI Weekly UN Chief: Ban “Killer Robots” Now — Historic Global AI Governance Dialogue Launches Today UN report: AI brings enormous opportunities – and plenty of risks - CSMonitor.com Today marks a historic moment for artificial intelligence. On July 6, 2026, the United Nations opened its first-ever Global Dialogue on AI Governance in Geneva. For two days, representatives from all 193 member states, tech leaders, academics, and civil society are coming together to shape how the world...
2 months ago • 1 min read
