Bank of England says AI bubble go pop ๐ฅ
๐5 min read

๐ Bank of England Discovers AI Stocks Might Be Fake Money
The Bank of England just warned that AI stocks are giving dot-com bubble vibes and markets could crater if everyone realizes ChatGPT can't actually do your taxes.
Why it matters: A central bank just said the quiet part out loud - the entire AI boom might be built on vibes and venture capital hopium. (source)
๐ช๐บ EU Throws โฌ1 Billion at AI to Avoid Being America's Tech Colony
Europe is dropping a billion euros on AI because they're tired of begging Sam Altman for API keys. They're calling it "strategic autonomy" (translation: please stop making us use Microsoft).
Why it matters: The EU is finally trying to build its own AI instead of just regulating everyone else's. Revolutionary concept. (source)
๐ OpenAI Pivots to Being Amazon But With More Hallucinations
ChatGPT is becoming a shopping mall - you can now order Ubers and buy stuff from Target directly through the chatbot. Sam Altman's master plan: become the middleman for everything.
Why it matters: OpenAI isn't satisfied with just burning $700k/day on compute - now they want a cut of every transaction on the internet. (source)
๐ฑ๏ธ Google's New AI Can Use Your Computer (You're Obsolete Now)
Gemini 2.5 can click, type, and scroll through websites like a human. Finally, an AI that can fill out those annoying cookie consent forms for you.
Why it matters: We're one step closer to AI doing actual work instead of just confidently explaining why it can't. (source)
๐คฏ AMD Discovers Infinite Money Glitch: Pay Yourself With Your Own Stock
OpenAI is buying billions in AMD chips using... AMD's own stock. It's like paying for groceries with Monopoly money you printed yourself.
Why it matters: This is either financial genius or the dumbest deal in tech history. Probably both. (source)
โ๏ธ OpenAI and Anthropic Start Legal Defense Funds (Uh Oh)
AI labs are literally stashing cash for "multibillion-dollar copyright lawsuits." Nothing says "we definitely didn't steal your data" like preemptively saving for legal settlements.
Why it matters: The bill for training on the entire internet is coming due, and it has a lot of zeros. (source)
๐ค IBM Partners With Anthropic, Remains Somehow Still Relevant
IBM is integrating Claude into its enterprise products because apparently businesses prefer AI that doesn't gaslight them about basic facts.
Why it matters: Claude is eating ChatGPT's lunch in the enterprise market by doing revolutionary things like being accurate. (source)
๐ Dell Discovers Selling Shovels During Gold Rush = Profit
Dell doubled its profit targets because everyone needs $100k servers to run their "revolutionary" chatbot that tells knock-knock jokes.
Why it matters: While everyone fights over AI models, Dell's getting rich selling the picks and shovels. (source)
๐ธ Breaking: Companies Lose Money Deploying AI, Still Do It Anyway
EY survey finds literally every company loses money when they first deploy AI. The losses come from "flawed outputs" (translation: the AI lied).
Why it matters: Turns out replacing humans with hallucinating robots has some downsides. Who could have predicted this? (source)
๐ฎ๐ณ Anthropic Opens India Office, Claude Gets 1.4 Billion New Friends
Claude is already India's second-favorite chatbot, so Anthropic's opening an office there in 2026. Better late than never.
Why it matters: India is becoming the real battleground for AI dominance while Silicon Valley argues about AGI timelines. (source)
๐ธ Google Brings Magic Camera Search to India
Point your phone at stuff, ask questions, get answers. It's like having a know-it-all friend who's actually right sometimes.
Why it matters: Google's using India as its AI testing ground because 1.4 billion beta testers > your startup's waitlist. (source)
๐ ๏ธ Small Businesses Using ChatGPT Before Learning Excel
Study shows 46% of small businesses use AI daily but don't have basic digital tools. It's like buying a Tesla when you don't have a driver's license.
Why it matters: Everyone's so AI-pilled they forgot to learn how spreadsheets work first. (source)
๐ Otter.ai Wants to Remember Your Meetings So You Don't Have To
Otter's evolving from "meeting transcriber" to "corporate memory bank" because apparently no one pays attention in meetings anymore.
Why it matters: Soon AI will attend meetings for us, take notes for us, and probably get promoted before us. (source)
๐ Square's AI Takes Your McDonald's Order, Judges Your Choices
Square launched an AI voice assistant for restaurants. It takes phone orders and probably sighs when you ask "is the ice cream machine working?"
Why it matters: Even minimum wage phone jobs are getting automated. The robots are coming for everything. (source)
โจ Google's "Vibe-Coding" Goes Global, Developers Panic
Opal lets anyone build apps by describing them in plain English. No code required, just vibes.
Why it matters: Your nephew who "has an app idea" can now actually build it. God help us all. (source)
๐ Facebook Finally Admits Its Algorithm Sucks, Adds "Not Interested" Button
Meta's letting you tell Facebook you hate their Reels. Revolutionary feature: showing you content from today instead of 2019.
Why it matters: Even Facebook knows their feed is 90% AI slop and your aunt's political rants. (source)
Until tomorrow (unless the bubble pops),
Team Galaxy.ai
P.S. AMD paying itself with its own stock is either 200 IQ or negative IQ. There's no in-between.
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