The drone explosion in the port of Constanța shows that Russia’s war is increasingly spilling over into EU territory.
I spoke with Foreign Minister @oana_toiu about today's developments and expressed the EU’s full solidarity with Romania.
The ultimate responsibility for what happened rests squarely with Russia. As President Zelenskyy told Putin in an open letter yesterday: Moscow can stop this war any day.
Next week, EU Defence Ministers will discuss how to further ramp up our support for Ukraine and increase the EU’s own defence readiness.
On the incident in the port of Constanța, Romania: Ukraine’s Navy @UA_NAVY informed the Romanian side in a timely manner of a naval drone that had lost control because of Russian jamming.
Both states’ relevant authorities have been in close touch since then, took control of the situation, and made sure the area was safe. Such effective coordination allowed to take necessary measures to prevent harm to civilians.
This incident shows once again that Russia’s ongoing full-scale aggression poses a threat not only to Ukraine, but to the entire region. Effective coordination is key to mitigate its consequences to neighbouring countries.
Ukrainian intelligence officials tell the @FT that 21 per cent of those arrested for collaborating with Russia in 2025 were teenagers.
It is, says one western military official, “like a game of Pokémon Go, but with air defence systems”.
https://t.co/cm0P70cHSE
Thank you for your message of solidarity! This major incident, the second in a week, is - as you rightly mentioned - the direct consequence of Russia’s illegal war against our neighbour. We will continue to work closely with Allies and partners to protect our citizens, our security and our national interests. We remain committed to support Ukraine defend itself.
Meta is building dozens of massive tents at campuses across the US, sticking billions of dollars of chips inside, and powering them with off-grid turbines.
The AI race has officially entered its Mad Max phase.
Over the last month, I reviewed hundreds of documents and satellite images for Cleanview's latest report on behind-the-meter data centers. Meta's data center strategy, which is very visible from space, was one of the weirder approaches I came across.
Mark Zuckerberg recently ditched the data center designs that Meta had perfected over the last decade and told his team to stick tens of thousands of chips in tents outside their data center in New Albany, Ohio. Each of these chips costs about $60,000. Zuckerberg plans to stick billions of dollars worth of them in the tents.
The strategy has helped cut the time to build compute in half. The first five buildings at Meta’s New Albany, Ohio data center took between two and three years to build. Meta started building five ~125,000 square foot tents between April and June of 2026, according to city permits. Satellite images show the structures have all been built.
To power those "rapid deployment structures", as they are officially named, Meta signed a 10-year deal with Williams to build a pair of 200 MW off-grid power plants. Those power plants began construction about a year ago and are nearly complete.
Meta is using the same strategy to build a data center in Tennessee, bringing the total count of tent data centers to three.
Strategies like this are part of the reason behind-the-meter data center capacity is growing so quickly.
In Cleanview's report, I found that there's currently about 2 GW of BTM capacity online today. By the end of the year, it will likely be 3 GW—equivalent to three nuclear power plants. By the end of 2027, it could be as high as 13 GW—more than the power demand of NYC.
I've been talking to a lot of reporters about this research. When I told one reporter about these tents and other companies powering their data centers with jet engines, he said, "It's like a scene out of the movie Mad Max."
Euro soccer Leagues not named EPL/UCL are in for dark days as🇺🇸 rights properties.
News today La Liga who ESPN pays $175m yr had its best viewed year, in yr 5 of 8 yr deal avg 91k🧐 across ABC, ESPN, ESPN2 & ESPND. Yes you read that right.
MLS in its last yr w/Disney avg 343k.
It is a common mistake for people to think no one in China knows about Jun 4. When reporters (who are being followed) go up to people on the street and ask them if they know about June 4, their lack of self awareness is a comic tragedy.
In the west, we often think of rebellion as grandiose statements or actions. In an authoritarian state it is much more commonly in the mundane where rebellion flourishes so as to disguise its meaning.
After living in China for a few years, I had a student explain that of course people knew about June 4. That's why Peking University would hold meetings every year in early May to tell everyone that even though there was no reason to hold the meeting, everyone should watch out for anything out of the ordinary and watch your speech more than at other times. It was just a coincidence.
The student further explained that students who wanted to remember June 4th would all wear black shirts. Common enough so as not to draw attention, uncommon enough that most everyone wearing black shirts on June 4th would exchange knowing glances and nods. I remember the first year I wore a black shirt on June 4th, multiple students would stop surprised I knew their surreptitious act of rebellion. In China and other authoritarian states, rebellion is less overt acts and more defiance of mind and hidden motives for common acts.
For all the criticism I lay upon the CCP and their minions at universities and think tanks here in the US, I hope for better day for China when they can be free from the CCP and their apologists. I hope my children can return to the place they grew up and see friends again.
Wow, the S&P Dow Jones Indices has just officially announced that they will NOT be changing their inclusion rules to make it easier for “MegaCap” companies (such as @SpaceX) to be fast-tracked into the S&P 500.
Their reasoning:
"S&P DJI determined that exceptions to the financial viability, seasoning, and IWF requirements should not be granted solely based on market capitalization. The decision not to adopt the proposed exceptions preserves core index principles by maintaining consistent application of these key requirements. Although there may be trade-offs between strict adherence to these eligibility requirements and broad representativeness, the current methodology provides substantial market coverage and sector balance. As a result, the indices can continue to meet their stated objectives while preserving their role as representative and investable benchmarks for the U.S. equity market.
No changes will be made to the eligibility criteria including financial viability screens, seasoning period, or minimum IWF, for the S&P 500, S&P MidCap 400, or S&P SmallCap 600 as a result of the S&P Dow Jones Indices consultation on the treatment of MegaCap companies. Accordingly, there will be no changes to existing methodology for this index family."
This means that the earliest @SpaceX could be eligible to be added to the S&P 500 would now be June 2027.
The requirements that will now remain in place are:
• No changes to S&P 500 eligibility rules for mega-cap companies.
• Mega-cap companies will still need to wait 12 months after their IPO before being considered for S&P 500 inclusion.
• S&P will not waive profitability requirements for mega-cap companies. The company must have positive GAAP net income in the most recent quarter, and the sum of the most recent four consecutive quarters.
• S&P will not waive minimum public float requirements for mega-cap companies. At least 10% of a company's shares must be publicly tradable ("free float").
The S&P rejected proposals that would have:
• Reduced the IPO seasoning period from 12 months to 6 months
• Waived profitability requirements
• Waived minimum public float requirements
Starlink V3 satellites have >10X bandwidth of V2 and there’ll be >10X launched, which means >100X more bandwidth.
Also, altitude will be 350km vs 550km, so min latency can be cut in half.
Light travels 300km/ms in space, so physics round trip min latency drops to <5ms.
NOTUS is reporting that senior administration officials have held discussions with major AI labs - including OpenAI - about the possibility of those labs giving the government equity stakes by voluntarily ceding shares. The returns from those shares could eventually be directly distributed to American citizens through an AI dividend.
FT Exclusive: Anthropic is helping the US National Security Agency deploy its Mythos AI model for offensive cyber operations despite a legal battle with the Pentagon. https://t.co/fcC1u5roiA
FIFA code of conduct a month ago;
“For avoidance of doubt, empty, transparent, reusable plastic bottles, up to [1 liter in] capacity, may be brought into the Stadium.”
Now policy says:
“For avoidance of doubt, reusable water bottles may not be brought into the stadium.”
The beginning of AJP Taylor’s ‘English History 1914–1945’ famously ‘goes hard’, as the internet puts it, but part of its brilliance is surely that it was written (or rather edited) to fit a single page.
🚨 SCOOP: Anthropic is gearing up for the public launch of a new version of Mythos, better than Mythos Preview.
A checkpoint of the model, codename Oceanus, was made available to red teamers yesterday. These programs typically begin 7 days before the wider launch, I am told.
The program has since been paused, presumably due to an individual in the program reselling it via a Chinese API proxy (as reported by @scaling01). But whether this will impact the launch target is unknown.