An anonymous reader quotes a report from Ars Technica: Record labels Sony, Warner, and Universal yesterday asked the Supreme Court to help it boot pirates off the Internet. Sony and the other labels filed their brief (PDF) in Cox Communications v. Sony Music Entertainment, a case involving the cable Internet service provider that rebuffed labels' demands for mass terminations of broadband subscribers accused of repeat copyright infringement. The Supreme Court's eventual decision in the case may determine whether Internet service providers must terminate the accounts of alleged pirates in order to avoid massive financial liability.

Cox has argued (PDF) that copyright-infringement notices -- which are generated by bots and flag users based on their IP addresses -- sent by record labels are unreliable. Cox said ISPs can't verify whether the notices are accurate and that terminating an account would punish every user in a household where only one person may have illegally downloaded copyrighted files. Record labels urged the Supreme Court to reject this argument.

"While Cox waxes poetic about the centrality of Internet access to modern life, it neglects to mention that it had no qualms about terminating 619,711 subscribers for nonpayment over the same period that it terminated just 32 for serial copyright abuse," the labels' brief said. "And while Cox stokes fears of innocent grandmothers and hospitals being tossed off the Internet for someone else's infringement, Cox put on zero evidence that any subscriber here fit that bill. By its own admission, the subscribers here were 'habitual offenders' Cox chose to retain because, unlike the vast multitude cut off for late payment, they contributed to Cox's bottom line." Record labels were referring to a portion of Cox's brief that said, "Grandma will be thrown off the Internet because Junior illegally downloaded a few songs on a visit."

Hanneke Faber, CEO of global tech manufacturing company Logitech, says she'd be open to the idea of having an AI-powered board member. From a report: "We already use [AI agents] in almost every meeting," Faber said at the Fortune Most Powerful Women Summit in Washington, D.C., on Monday. While she said AI agents today (like Microsoft Copilot and internal bots) mostly take care of summarization and idea generation, that's likely to change owing to the pace at which the technology is developing.

"As they evolve -- and some of the best agents or assistants that we've built actually do things themselves -- that comes with a whole bunch of governance things," Faber said. "You have to keep in mind and make sure you really want that bot to take action. But if you don't have an AI agent in every meeting, you're missing out on some of the productivity." "That bot, in real time, has access to everything," she continued.

The California Broadband & Video Association has objected to legislation signed by Governor Gavin Newsom on October 15 that allows apartment tenants to opt out of mandatory bulk billing for internet service. The cable industry group called the measure "an anti-affordability bill masked as consumer protection."

The association said property owners would have to provide refunds to tenants who decline internet service provided through building contracts. The law "undermines the basis of the cost savings and will lead to bulk billing being phased out," the group said. Assembly member Rhodesia Ransom, who authored the bill, said lobby groups for internet providers and real estate companies worked hard to defeat it.

The association told the Sacramento Bee it was disappointed Newsom signed the legislation because it would be "an impediment to utilizing an effective tool" that helped middle-class Californians get discounted rates. The law takes effect January 1. Tenants who are denied the right to opt out can deduct subscription costs from their rent.

BrianFagioli writes: The United States Mint is honoring Steve Jobs and Apple with a new coin for 2026. Part of the American Innovation $1 Coin Program, California's entry depicts a young Jobs seated before rolling northern California hills, accompanied by the words "Make Something Wonderful." The reflective design, created by Elana Hagler and sculpted by Phebe Hemphill, captures how Jobs's surroundings and vision shaped Apple's mission to make technology feel intuitive and human.

The 2026 series also celebrates Dr. Norman Borlaug for Iowa, the Cray-1 supercomputer for Wisconsin, and mobile refrigeration for Minnesota. The obverse of all coins features the Statue of Liberty and a special Liberty Bell mark commemorating the nation's Semiquincentennial. The Steve Jobs coin stands out as one of the few times the U.S. Mint has recognized a modern tech innovator, and some collectors are already calling it one of the most exciting releases in years.

An anonymous reader quotes a report from The Guardian: People in London could be hiring driverless taxis from Waymo next year, after the US autonomous vehicle company announced plans to launch its services there. The UK capital will become the first European city to have an autonomous taxi service of the kind now familiar in San Francisco and four other US cities using Waymo's technology.

The launch pits an innovation sometimes dubbed the "robotaxi" against London's famous black cabs, which can trace their history back to the first horse-drawn hackney coaches of the Tudor era. But a representative of the capital's cab drivers said they were not concerned by the arrival of a "fairground ride" and questioned the reliability of driverless vehicles. Waymo said its cars were now on their way to London and would start driving on the capital's streets in the coming weeks with "trained human specialists," or safety drivers, behind the wheel.

The company, originally formed as a spin-off from Google's self-driving car program, said it would scale up operations and work closely with Transport for London and the Department for Transportto obtain the permits needed to offer fully autonomous rides in 2026. Uber and the UK tech company Wayve have also announced their own plans to trial their driverless taxis in the capital next year, after the British government said it would accelerate rules allowing public trials to take place before legislation enabling self-driving vehicles passes in full.

An anonymous reader quotes a report from BleepingComputer: U.S. cybersecurity company F5 disclosed that nation-state hackers breached its systems and stole undisclosed BIG-IP security vulnerabilities and source code. The company states that it first became aware of the breach on August 9, 2025, with its investigations revealing that the attackers had gained long-term access to its system, including the company's BIG-IP product development environment and engineering knowledge management platform.

F5 is a Fortune 500 tech giant specializing in cybersecurity, cloud management, and application delivery networking (ADN) applications. The company has 23,000 customers in 170 countries, and 48 of the Fortune 50 entities use its products. BIG-IP is the firm's flagship product used for application delivery and traffic management by many large enterprises worldwide. [...]

F5 is still reviewing which customers had their configuration or implementation details stolen and will contact them with guidance. To help customers secure their F5 environments against risks stemming from the breach, the company released updates for BIG-IP, F5OS, BIG-IP Next for Kubernetes, BIG-IQ, and APM clients. Despite any evidence "of undisclosed critical or remote code execution vulnerabilities," the company urges customers to prioritize installing the new BIG-IP software updates.

An anonymous reader shares a report: On Wednesday, Pew Research Center published a survey assessing how parents in the US with children under 12 manage their kids' screen time, which revealed that 61% of respondents overall reported their child ever uses or interacts with smartphones -- including 38% of those with children under 2 years old.

Much of this smartphone screen time is likely made up by parents streaming kid-friendly cartoons for their little ones to watch on the go: the study also found that YouTube use among children under 2 has risen sharply from 45% to 62% over the last five years. But it appears that most American toddlers only need to wait a few years before they can get devices of their very own. The same survey showed that almost one in four US parents overall allow their children aged 12 and under to have their own smartphones, and this ballooned to nearly 60% when just looking at kids aged 11-12 years old.

An anonymous reader quotes a report from Ars Technica: Today is the official end-of-support date for Microsoft's Windows 10. That doesn't mean these PCs will suddenly stop working, but if you don't take action, it does mean your PC has received its last regular security patches and that Microsoft is washing its hands of technical support. This end-of-support date comes about a decade after the initial release of Windows 10, which is typical for most Windows versions. But it comes just four years after Windows 10 was replaced by Windows 11, a version with stricter system requirements that left many older-but-still-functional PCs with no officially supported upgrade path. As a result, Windows 10 still runs on roughly 40 percent of the world's Windows PCs (or around a third of US-based PCs), according to StatCounter data.

But this end-of-support date also isn't set in stone. Home users with Windows 10 PCs can enroll in Microsoft's Extended Security Updates (ESU) program, which extends the support timeline by another year. [...] Home users can only get a one-year stay of execution for Windows 10, but IT administrators and other institutions with fleets of Windows 10 PCs can also pay for up to three years of ESUs, which is also roughly the amount of time users can expect new Microsoft Defender antivirus updates and updates for core apps like Microsoft Edge. Obviously, Microsoft's preferred upgrade path would be either an upgrade to Windows 11 for PCs that meet the requirements or an upgrade to a new PC that does support Windows 11. It's also still possible, at least for now, to install and run Windows 11 on unsupported PCs. Your day-to-day experience will generally be pretty good, though installing Microsoft's major yearly updates (like the upcoming Windows 11 25H2 update) can be a bit of a pain.

DirecTV wants to use AI to put you, your family, and your pets inside a custom TV screensaver. From a report: If that's not uncanny enough, you'll find items you can shop for within that AI environment, whether it's a piece of clothing similar to the one your AI likeness is wearing or a piece of furniture that pops up alongside it.

The satellite TV giant is partnering with the AI company Glance to roll out this experience to DirecTV Gemini devices starting next year. "We are making television a lean-in experience versus lean back," Rajat Wanchoo, the group vice president of commercial partnerships at Glance, tells The Verge. "We want to give users a chance to use the advancements that have happened in generative AI to create a ChatGPT moment for themselves, but on TV." Glance is owned by InMobi, the same company that injected ecommerce bloatware into Motorola's budget phones.

An anonymous reader shares a report: China's expansion of its rare earth export controls appeared to mark another escalation in the US-China trade war last week. But the announcements were also significant in another way: unusually, the documents could not be opened using American word processing software.

For the first time, China's Ministry of Commerce issued a slew of documents that could be directly accessed only through WPS Office -- China's answer to Microsoft Office -- as Beijing continues its tech self-reliance drive. Developed by the Beijing-based software company Kingsoft, WPS Office uses a different coding structure to Microsoft Office, meaning WPS text files cannot be opened directly in Word without conversion. Previously, the ministry primarily released text documents in Microsoft Word format.

Palmer Luckey's defense tech firm Anduril has unveiled EagleEye, an AI-powered mixed-reality combat helmet built in partnership with Meta. The system integrates AR displays, spatial audio, and drone control to create what Luckey calls "a new teammate" for soldiers. "The idea of an AI partner embedded in your display has been imagined for decades. EagleEye is the first time it's real," said Luckey. The Verge reports: Anduril, which also manufactures border control tech, lethal drones, and military aircraft, has been developing EagleEye since its inception, and already provides software for the Army's existing MR goggles, based on Microsoft's HoloLens hardware. Its partnership with Meta was announced this May, and the company told TechCrunch at the time that the collaboration was to develop EagleEye. It's a reunion of sorts for Luckey and Mark Zuckerberg, after Meta purchased Luckey's then-start-up Oculus in 2014 and fired the founder three years later.

An anonymous reader quotes a report from Reuters: Britain said on Monday it had issued U.S. internet forum site 4chan with a $26,644 fine for failing to provide information about the risk of illegal content on its service, marking the first penalty under the new online safety regime. Media regulator Ofcom said 4chan had not responded to its request for a copy of its illegal harms risk assessment nor a second request relating to its qualifying worldwide. Ofcom said it would take action against any service which "flagrantly fails to engage with Ofcom and their duties under the Online Safety Act" and they should expect to face penalties.

The act, which is designed to protect children and vulnerable users from illegal content online, has caused tension between U.S. tech companies and Britain. Critics of the law have said it threatens free speech and targets U.S. companies. Technology minister Liz Kendall said the government "fully backed" Ofcom in taking action. "This fine is a clear warning to those who fail to remove illegal content or protect children from harmful material," she said. 4chan and Kiwi Farms filed a lawsuit in the United States against Ofcom in August, arguing that the threats and fines issued by the regulator "constitute foreign judgements that would restrict speech under U.S. law." The lawsuit claims that both entities are entirely based in the U.S., have no operations in the U.K., and therefore are not subject to its local laws.

BrianFagioli writes: TP-Link has officially achieved the first successful Wi-Fi 8 connection using a prototype device built through an industry collaboration. The company confirmed that both the beacon and data throughput worked, marking a real-world validation of next-generation wireless tech. It's an early glimpse of what the next leap in speed and reliability could look like, even as the Wi-Fi 8 standard itself remains under development. The Verge adds: Like its predecessor, Wi-Fi 8 will utilize 2.4GHz, 5GHz, and 6GHz bands with a theoretical maximum channel bandwidth of 320MHz and peak data rate of 23Gbps, but aims to improve real-world performance and connection reliability. The goal is to provide better performance in environments with low signal, or under high network loads, where an increasing number of devices are sharing the same connection.

Chinese companies now produce most of the world's freely available AI models. DeepSeek leads Hugging Face in popularity. Chinese firms like Alibaba receive higher ratings than OpenAI and Meta on LMArena. The site uses blind tests to measure user preferences. Chinese developers ship open models more frequently than American rivals.

Irene Solaiman is chief policy officer at Hugging Face. She said Chinese companies build their user base by shipping frequently and quickly. American companies like OpenAI and Google keep their best models proprietary. Meta once led in open AI models. Mark Zuckerberg argued last year that the world would benefit if AI companies shared their technology freely. He pledged Meta would release its AI openly. The company has since become more cautious. Zuckerberg wrote in a new essay that Meta might need to keep the best models for itself.

California Governor Gavin Newsom signed three bills on Monday that establish the nation's most comprehensive framework for regulating how technology companies interact with minors. AB 56 requires social media platforms to display health warnings to users under 18. A child must view a skippable ten-second warning upon logging on each day. An unskippable thirty-second warning must appear if a child spends more than three hours on a platform. That warning repeats after each additional hour. The warnings must state that social media "can have a profound risk of harm to the mental health and well-being of children and adolescents." Minnesota passed a similar law in July.

SB 243 makes California the first state to regulate AI companion chatbots. The law takes effect January 1, 2026. Companies must implement age verification and disclose that interactions are artificially generated. Chatbots cannot represent themselves as healthcare professionals. Companies must offer break reminders to minors and prevent them from viewing sexually explicit images. The legislation gained momentum after teenager Adam Raine died by suicide following conversations with OpenAI's ChatGPT. A Colorado family filed suit against Character AI after their daughter's suicide following problematic conversations with the company's chatbots.

AB 1043 requires device-makers like Apple and Google to collect birth dates when parents set up devices for children. Device-makers must group users into four age brackets and share this information with apps. Google, Meta, OpenAI, and Snap supported the bill. The Motion Picture Association opposed it.

It's the largest nuclear power plant in Europe. But "Ukraine's foreign minister accused Russia on Sunday of deliberately severing the external power line to the Russian-held Zaporizhzhia nuclear power station," reports Reuters, "in order to link the plant to Moscow's power grid." Ukrainian Foreign Minister Andrii Sybiha said Moscow was attempting to test a reconnection to Russia's grid. Ukraine has long feared that Moscow would try to redirect the plant's output to its grid. But Russian officials have denied any intention of trying to restart the plant, seized by Moscow's forces in the early weeks of the February 2022 invasion of Ukraine.

The plant produces no electricity at the moment, but has been without an external electricity source for nearly three weeks. Officials have relied on emergency diesel generators to secure the power needed to keep the fuel cool inside the facility and guard against a meltdown. "Russia intentionally broke the plant's connection with the Ukrainian grid in order to forcefully test reconnection with the Russian grid," Sybiha wrote on X in English. He denounced the "attempted theft of a peaceful Ukrainian nuclear facility".... Each side has accused the other of shelling that caused the line outage.
Russia's continued occupation of the Zaporizhzhia nuclear power plant deprived Ukraine of a quarter of its generating capacity, according to a report from the Brookings Institute — calling Ukraine's energy sector "a key battleground" in the war. The Russian invasion began on the very day that Ukraine launched its so-called island test. This involved completely isolating the Ukrainian and Moldovan power systems from their neighbors to check whether the system was stable. This is a mandatory procedure prior to synchronization with the European grid... Despite this, Ukraine managed not only to militarily defend itself but also to maintain grid stability in wartime conditions and implement all the solutions necessary for an unprecedented synchronization on March 16, 2022.
In 2022 a former commissioner of the U.S. Nuclear Regulatory Commission (from 1998 to 2007) even argued in the Wall Street Journal that "An unappreciated motive for Russia's invasion of Ukraine is that Kyiv was positioning itself to break from its longtime Russian nuclear suppliers..." At the time of the invasion, Westinghouse supplied fuel to six of the 15 [Ukrainian] nuclear reactors and could displace the Russians in all of them. The U.S. government had been highly supportive of this effort, and these fuel contracts represented hundreds of millions of dollars in yearly lost sales to Atomstroyexport [a nuclear exporter that's a subsidiary of Russian state corporation Rosatom]. By seizing the nuclear plants, Russia is able to retake the market for Ukrainian nuclear fuel.

Most important, Westinghouse, with support from the U.S., was in a position to build nuclear reactors in Ukraine over the next two decades. On Aug. 31, 2021, Energy Secretary Jennifer Granholm and her Ukrainian counterpart, Herman Halushchenko, signed a strategic cooperation agreement to build five nuclear units with a value, according to the World Nuclear Association, of more than $30 billion. The timing is telling. In November 2021, Ukraine's leaders signed a deal with Westinghouse to start construction on what they hoped would be at least five nuclear units — the first tranche of a program that could more than double the number of plants in the country, with a potential total value approaching $100 billion. Ukraine clearly intended that Russia receive none of that business.
Brookings looks at how Ukraine's energy sector has fared during the war: The Ukrainian energy sector was designed to be oversized with significant redundancy in order to meet huge Soviet-era industrial demand as well as to make it more resilient to a future world war... A radical change did not occur until 2014, when Ukrainians overthrew the pro-Russian president, Viktor Yanukovych. In the decade since then, Ukraine has pursued a policy of European Union (EU) integration with determination and without interruption... The real prospect of an improvement in the quality of life and development of Ukraine through integration with the EU and NATO was unacceptable to Russia, which first annexed Crimea and covertly attacked the Ukrainian Donbas, before launching a full-scale invasion of Ukraine on February 24, 2022. Russia's in-depth knowledge of the Ukrainian power system, dating back to the Soviet Union, was used to carry out a well-planned operation to cut off electricity to Ukrainians.

The aim was to break the morale of Ukrainians to continue defending themselves and to collapse the economy so that it could not support the Ukrainian military effort. Ironically, however, the size of the energy system, which had been scaled up in case of war, and the enormous Western support, unexpectedly ensured its resilience to Russian attacks.
Although they note that "During the first two years of the war, Russia fired nearly 2,000 missiles and drones at Ukrainian energy infrastructure... "

And this week in Ukraine, damage to substations, power plants and oil depot temporarily cut off electricity for hundreds of thousands of Ukrainian homes and businesses, reports the UN. "As colder weather sets in, strikes on critical infrastructure are deepening humanitarian needs," warned a UN spokesperson on Thursday...

The Wall Street Journal marvelled at AMD's "game-changing deal" this week with OpenAI, calling it "the culmination of an extraordinary, decade-long turnaround effort, solidifying AMD's status as Nvidia's most legitimate competitor." Shortly after taking charge of the company in 2014, [CEO] Su implemented a systematic plan to eat Intel's lunch, which she accomplished by going after Intel's main product lines while it was bogged down by manufacturing problems. Now, Su has set her sights on Nvidia, the $4.5 trillion chips behemoth led by her cousin, Jensen Huang. Some analysts believe that if Su can sign up more big customers for its AI chips, AMD could join the $1 trillion valuation club before too long.
"With this, it's natural to ask: Did AMD just say checkmate to Nvidia?" asks the Motley Fool investment site. But their answer seems to be "no"... AMD has increased its push into the AI market over the past few years, launching the AMD Instinct line of accelerators, and in the latest quarter, predicted its MI350 series would drive revenue growth in the second half of the year. Some analysts have said that AMD's innovations position it to compete with Nvidia's Blackwell architecture and chip — released late last year — but Nvidia's commitment to release upgrades on an annual basis could keep it a step ahead when it comes to overall GPU performance and therefore revenue. Big tech companies are looking for the most powerful compute available — and so far, they know they can find that at Nvidia...

[AMD's deal this week] is indeed an interesting operation, ensuring the company a major position in this infrastructure scale-up phase. [Nvidia CEO] Huang has said AI infrastructure spending may reach $4 trillion by the end of the decade, and this represents an enormous opportunity for chip designers such as AMD and Nvidia. So, the OpenAI deal is positive for AMD — but I wouldn't say it's negative for Nvidia. This chip giant signed its own deal with OpenAI last month, and it involves the deployment of 10 gigawatts of Nvidia systems across data centers...

A quick comparison of the two deals: The Nvidia-OpenAI agreement involves more gigawatts, and Nvidia isn't giving up a stake in its business — on top of this, though Nvidia is offering OpenAI funding, this will result in revenue growth as OpenAI returns to Nvidia to order GPUs. This pretty much guarantees that Nvidia will be the chip designer to benefit the most as OpenAI expands — and AMD isn't about to step ahead of the market leader. All of this means that, yes, AMD should score a win thanks to its agreement with OpenAI and this may boost its growth in the market. But the chip designer can't say "checkmate" to its bigger rival as Nvidia is perfectly positioned to maintain its lead over the long term.

"I'm here to say we have to give these AI bubble predictions a rest," says Yahoo Finance executive editor Brian Sozzi. First of all, AI is a real technology being deployed in real ways inside of Corporate America. Second, this technology is requiring more physical assets in the ground — which are being built to support AI's real-world application. What Zach Dell (son of Michael Dell) is working on at startup Base Power (which just raised $1 billion) impressed me this week. It's addressing a key issue — power availability and costs in part because of rising stress on the grid due to AI development.

Next, the spending on AI infrastructure doesn't strike me as reckless. I talk to CFOs and they walk me through their thinking, which seems logical. They aren't foaming at the mouth with wild-eyed predictions of grandeur similar to the late '90s. Plus, the tech giants making the biggest AI investments are fueling their ambitions by cash on hand — not loading up balance sheets with debt. The upstarts in AI are well funded, not being 100% stupid in their organizational build-outs. They're working on tangible technology that has actual orders behind it...

Lastly here in my scolding of the AI worrywarts is that valuations don't support the warning calls. According to new research out of Goldman Sachs this week, the median forward P/E ratio across the Magnificent Seven is 27 times, or 26 times if excluding Tesla (TSLA), which has a much higher multiple than the other companies. This is roughly half the equivalent valuation of the biggest seven companies in the late 1990s, while the dominant companies in Japan (mostly banks) traded at higher valuations still. What's more, the current enterprise-to-sales ratios are also much lower than those of the dominant companies in the late 1990s.

"So it is true that valuations are high but, in our view, generally not at levels that are as high as are typically seen at the height of a financial bubble," said Goldman Sachs strategist Peter Oppenheimer.

"California Governor Gavin Newsom signed the 'California Opt Me Out Act', which will require web browsers to include an easy, universal way for users to opt out of data collection and sales," reports the blog 9to5Mac: [The law] requires browsers to provide a clear, one-click mechanism for Californians to opt out of data sharing across websites. The bill reads: "A business shall not develop or maintain a browser that does not include functionality configurable by a consumer that enables the browser to send an opt-out preference signal to businesses with which the consumer interacts through the browser...." Californians will need patience, though, as the law doesn't take effect until January 1, 2027.
Americans in some states — including California, Texas, Colorado, New Jersey and Maryland — "have the option to make those opt-out demands automatic whenever they surf the web," reports the Washington Post. "But they can only do so if they use small browsers that voluntarily offer that option, such as DuckDuckGo, Firefox and Brave. What's new in California's law is that all browsers must give people the same option." That means soon in California, just using Google's Chrome, Apple's Safari and Microsoft's Edge can command companies not to sell your data or pass it along for ad targeting... It's an imperfect but potent and simple way to flex privacy rights — and becomes even more powerful with another simple privacy measure in California. Starting on January 1, California residents can fill out an online form once to completely and repeatedly wipe their data from hundreds of data brokers that package your personal information for sale.
But their article also suggests other ways readers can "try a one-click privacy option now."

• "[S]ome national companies respect one-click privacy opt-out requests from everyone... This happens automatically if you use DuckDuckGo and Brave. You need to change a setting with Firefox."

• "Download Privacy Badger: The software from the Electronic Frontier Foundation, a consumer privacy advocacy group, works in the background to order websites not to sell information they're collecting about you."

• "Use Permission Slip from Consumer Reports. Give the app basic information, and it will help you do much of the legwork to tell companies not to sell your information or to delete it, if you have the right to do so."

"Nvidia is investing billions in and selling chips to OpenAI, which is also buying chips from and earning stock in AMD," writes SFGate. "AMD sells processors to Oracle, which is building data centers with OpenAI — which also gets data center work from CoreWeave. And that company is partially owned by, yes, Nvidia.

"Taken together, it's a doozy." There are other collaborations and rivalries and many other factors at play, but OpenAI is the many-tentacled octopus in the middle, spinning its achievement of ChatGPT into a blitz of speculative investments. "We are in a phase of the build-out where the entire industry's got to come together and everybody's going to do super well," OpenAI CEO Sam Altman told the Wall Street Journal on Monday. "You'll see this on chips. You'll see this on data centers. You'll see this lower down the supply chain...."

Some worry that the more closely companies intertwine, the more susceptible they are to creating a bubble, or a market not actually supported by real consumer demand. "You don't have to be a skeptic about AI technology's promise in general to see this announcement as a troubling signal about how self-referential the entire space has become," Bespoke Investment Group wrote in a note to clients, per CNBC. "If NVDA has to provide the capital that becomes its revenues in order to maintain growth, the whole ecosystem may be unsustainable..."

Also, even with Nvidia's investment, AMD's shares and OpenAI's repeated fundraises, the ChatGPT-maker doesn't have the cash to meet all of these vast commitments. And if OpenAI's soaring projections about demand for AI computing don't bear out, there will be a lot of committed money — and a large share of the stock market — that would see its foundations topple.
Thanks to long-time Slashdot reader mspohr for sharing the news.