X is popular with Farage voters and Labour is terrified of doing anything that might antagonise them.

💎🙌

Thanks for this - was just about to read it 😂

Why is it that these Optimus "marketing" stunts always look like they are taking place at the local gloryhole?

Co-pilot really is dog shit

Difficult negotiation around royalties?

JFC the number of people busting their balls on Oracle CDS... It's at 125bps FFS.

Wake me up when they start quoting it pts upfront.

Who would have thought that printing and helicopter dropping 2 trillion dollars might give the economy a bit of a jolt, eh?

And we're still living with the consequences.

Curious as to how Google have seemingly replaced CUDA, which the industry bros assured me was impossible.

Pipe down. Sam needs more cash for his furnace.

By far the most consequential story for NVidia today is that Google trained a new state of the art model using chips they designed and made themselves.

Are you saying that if it failed, we would literally be up shit creek without a paddle?

Thing is, the NAV of the gated vehicle is presumably also overstated, so all this is really doing is crystallising that valuation gap which would have been realised at some point anyway. To be converted into a more liquid instrument therefore doesn't seem so bad to me?

I've been shown many of these syndicated loans. Margins are wildly unattractive (lm 200s) for the risk.

It'll be fine. Once they become a proper shitco the private credit funds will be queueing up to lend.

Subscribers to The Times can, de facto, call for its abolition by cancelling their subscriptions if they are unhappy with its editorial standards.

None of us are granted that option with the BBC without risking a criminal record.