Great work by Assemblymember @DidiBarrett106 + Senator @SenGonzalezNY on passing a 1-year moratorium from building AI data centers in New York State.
They’re trying to build one right on Long Island in Brookhaven!
It’s up to @GovKathyHochul to sign this bill into law now.
Produced this video for @MorePerfectUS with @chaidingari about the astronomical ticket prices for the 2026 World Cup.
We asked... why?? It's a perfect storm between FIFA's practices & the U.S. system.
Watch below for an explainer, some fixes... and plenty of Scotland fans ⚽️
S&P, the company that runs the world's most tracked stock index, considered changing its rules to fast-track SpaceX, OpenAI, and Anthropic in after their IPOs.
It ultimately chose not to do so.
Thread.
NEW: Elon Musk wants a SpaceX IPO valuing the company at upwards of $1.75 trillion.
To get there he got the rules changed so that index funds, with millions of Americans' retirement savings, are forced to buy in.
Retirees could take huge losses, while insiders cash out.
It's expected that this year massive, unprofitable AI companies will go public.
Fast track inclusion allows insiders to cash out, forcing retirement savers to buy.
SpaceX goes public in one week, Anthropic just filed confidentially, and OpenAI is expected to follow.
American sports fans have it so much worse than other countries. Even in Qatar the cheapest tickets for group games were more than ten times cheaper than this year.
We need to ban dynamic pricing, cap resale prices and add more competition to the ticketing industry.
“The project is central to SpaceX's efforts to expand beyond rockets and satellite communications into advanced computing infrastructure and domestic chip production — ambitions that investors view as a key pillar of the company's future growth.”
https://t.co/1YDrt4y7dU
A Texas county granted Elon Musk an 100% tax exemption for a proposed TeraFab chip manufacturing facility that could cost upwards of $119 billion to implement over four years.
Grimes County will be home to a massive data center that produces high-performance semiconductor chips for Tesla vehicles, robots, and SpaceX systems.
Musk won't pay a dime thanks to the tax abatement the county commissioners are giving SpaceX.
So who will pay for the complex? The residents of Grimes County when they check their electric bill.
Today Illinois Gov. JB Pritzker is announcing that he will temporarily halt tax breaks for data center developers.
He will also call on the state legislature to take multiple actions around data centers, including banning NDAs that have been used to keep these projects secret.