The race for AI dominance has sparked an unprecedented gold rush for hardware, with companies booking capacity years in advance. One CEO warns new data centers will use more power in the next few years than the entire planet did in the last 50.
The tape All-In with Chamath, Jason, Sacks & Friedberg · Jul 10
“And so, you know, we have a $25 billion backlog.”
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The David Lin Report · All Crypto To $0? Bitcoin’s Biggest Risk Is Arriving Faster Than Expected | Andrew CheungJul 10
A white paper indicates breaking Bitcoin's encryption is closer than many think, with one expert estimating a 10% chance of a private key being recovered by 2032. Hackers could be harvesting public keys now to decrypt later.
Thoughtful Money with Adam Taggart · "Crash Pricing" Setting In As Distressed Home Sellers Capitulate | Nick Gerli, ReventureJul 8
With buyer demand at historic lows, the housing correction is deepening. Homebuyers are taking on record debt burdens—worse than the 2007 bubble—forcing recent purchasers in states like Florida and Texas to sell at huge discounts.