NVIDIA CEO Jensen Huang declared that 'AGI has arrived' in response to Crusoe CEO Chase Lochmiller congratulating OpenAI on the launch of its GPT-6 Astra model, which Lochmiller said 'made Abilene the…
OpenAI Chief Technology Officer Mira Murati failed to specify what data was used to train the company's video-generation model Sora during a Wall Street Journal interview, saying only that it used pub…
Ed Zitron, author of the newsletter 'Where's Your Ed At', published 'The AI Hater's Manifesto', a critical essay arguing that the AI industry is a bubble funneling money to NVIDIA and Broadcom, and th…
OpenAI completed a $7 billion internal share buyback in August 2026, but the same week saw the departures of COO Brad Lightcap and CRO Denise Dresser, raising concerns about the company's survival. Dr…
A newsletter by Ed Zitron reports that financial analysts from Wells Fargo, Barclays, and UBS estimate that 70% or more of the AI revenues of Microsoft, Google, and Amazon come from OpenAI or Anthropi…
Microsoft, Amazon, and Google reported record cloud revenue growth in Q3 FY2026, but none disclosed actual AI revenues, with Microsoft sharing a $37 billion AI run rate and then declining to break out…
NVIDIA Corporation CEO Jensen Huang's 2024 claim that its Blackwell GPUs would reduce large language model inference operating costs and energy by up to 25x has been pared back to 10x, a 150% overstat…
Anthropic and OpenAI are using economic research and marketing to promote the belief that large language models will lead to massive economic shifts, despite a lack of evidence, according to an analys…
A new analysis warns that the AI data center buildout mirrors the synthetic CDO market that triggered the 2008 financial crisis, with the same mortgage bonds referenced in CDOs over 36,000 times accor…
OpenAI has become one of the largest liabilities in recent economic history, with plans to burn over $852 billion by the end of 2030, according to the Where's Your Ed At newsletter. The AI bubble is d…
The AI industry is a sham propped up by manufactured consent and circular financing, and it should not be bailed out. Companies like OpenAI and Anthropic are losing money, with revenues driven by grif…
The Bank of International Settlements warned that the AI investment boom poses systemic risks, with hyperscalers set to spend over a trillion dollars on AI capex from 2025-2026, outpacing earnings and…
NVIDIA CEO Jensen Huang and Anthropic's Claude Code chief Boris Cherny have both declared that the age of prompting AI models is over, pushing instead for 'loops'—LLMs prompting other LLMs continuousl…
The US government forced Anthropic to disable access to its Mythos and Fable AI models after Amazon CEO Andy Jassy reported national security risks, citing concerns that China had accessed Mythos. Ant…
OpenAI's losses surged to $38.5 billion in 2025, up from $5.09 billion in 2024, as spending hit $34 billion against $13.07 billion in revenue, according to audited financial documents. The massive los…
According to a Wall Street Journal report, Anthropic is projected to achieve its first operating profit of $559 million in the second quarter of 2026, with revenue expected to more than double to $10.…