This reading—relying on CS Lewis—is so cute and plucky. Imagining yourself (an arms dealer) as the higher power in Tolkien’s story which is obvs not even the devout Lewis’s point. Moreover, it is contra Tolkien’s central theme: “it goes bad when mortals harness the powers of divine/immortal beings.”
we’re starting to see major integration and incentive alignment in the European AI ecosystem, with a deliberate objective of regional technological independence —
the deal was explicitly positioned to Reuters as one to “make Europe less reliant on U.S. and Chinese AI models”
A lot of people who get CS degrees now would have gone for an econ degree before the 2008 financial crisis, their ambitions are more or less the same as before, they want rapidly promoting jobs in prestige companies, and during the ZIRP era these were often in tech
a lot of people are hemming and hawing if this exit is a "success" or a "failure". i think that framing is pointless relative to this post in which the name of the acquiring party is absent
https://t.co/sjVeI6SxHa
friendly word of advice on corporate reporting:
all valuations are made up and quite often the correlation to the fundamentals of a company's EBITDA are....loose at best
my guess is the "worth" here has more to do with the FCC than journalistic ability
EPISODE 487: Money Never Sleeps
Joe Weisenthal, co-host of the Odd Lots podcast, joins us to talk about the so-called politicization of the Fed, general weirdness in the American economy, AI’s stagflationary set up, and the continued rise of The Dragon.