Trump hoards AI chips for America

🚫 Trump Makes Nvidia's Best Chips "America Only"

• Trump just declared Nvidia's Blackwell chips are exclusively for U.S. companies now. China gets the nerfed version, maybe. "We don't give that chip to other people," he told CBS, like it's Halloween candy.

• America just called dibs on the AI arms race. The rest of the world gets to watch through the window while we hoard the good GPUs.

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💸 Microsoft Drops $25B on Data Centers Like It's Monopoly Money

• Microsoft announced $15 billion for UAE data centers and another $9.7 billion to IREN for Nvidia GB300 chips. They're literally renting other people's infrastructure because building their own takes too long.

• Microsoft found a cheat code - why build data centers when you can just buy someone else's compute time? Their shortage extends to mid-2026 anyway.

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📊 Sam Altman Gets Defensive About OpenAI's "Well More Than $13B" Revenue

• Altman got testy when questioned about OpenAI's spending, claiming they're making "well more" than $13 billion annually and could hit $100B by 2027. No IPO date though - "We don't have a date in mind."

• Either OpenAI is printing money faster than the Fed, or Sam's practicing his VC pitch math. Trillion-dollar infrastructure commitments suddenly seem... reasonable?

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📉 Meta Loses $200B Because Nobody Knows What Their AI Does

• Meta's stock cratered 12% after revealing $20 billion in quarterly capex with zero clear AI revenue. Zuck told investors the spending is "just getting started." Wall Street: 😱

• Meta's the only tech giant burning billions on AI without a ChatGPT to show for it. Turns out "AI-powered feed algorithm" doesn't excite investors.

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🔍 Court Docs Reveal Altman's 2023 Firing Was Even Messier Than We Thought

• Ilya Sutskever wrote a 52-page memo about Altman's "patterns of dishonesty". Former CTO Mira Murati provided "most" of the evidence. Even Anthropic tried to swoop in for a merger during the chaos.

• The AI industry almost had a completely different timeline where Anthropic absorbed OpenAI. Now everyone's running rival labs instead. Awkward.

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🏦 Tech Giants Borrowing So Much Money, They're Competing With the U.S. Treasury

• Meta raised a record $30 billion in bonds, Oracle borrowed $18 billion. Cash-rich tech companies are now borrowers, potentially driving up interest rates for everyone.

• AI infrastructure is so expensive, it's turning Silicon Valley into Wall Street. The government might have to pay more to finance its own debt because Zuck needs more GPUs.

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💸 Ex-xAI Researcher Wants $1B for AI That "Collaborates" (No Product Yet)

• Eric Zelikman's startup Humans& is seeking a $5 billion valuation with zero products. Their pitch? AI that works with humans and needs even more compute than current models.

• The "pre-product billion-dollar valuation" is now a legitimate business model. Just say "new training paradigm" and watch VCs throw money at you.

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🎯 Google's Gemma Invents Sexual Misconduct Allegations Against U.S. Senator

• Google yanked Gemma from AI Studio after it fabricated sexual assault claims against Senator Marsha Blackburn, complete with fake news links and imaginary police reports.

• AI hallucinations just graduated from "wrong pizza recipe" to potential defamation lawsuits. Google's lawyers are sweating.

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🤖 Chinese Self-Driving Startup IPOs for $862M Despite Everything

• Pony AI is raising HK$6.7 billion ($862M) in Hong Kong, pricing shares at a 4.2% discount to Nasdaq. Trading starts November 6.

• U.S.-China tech war? What tech war? Chinese AI companies are still accessing global capital like it's 2019.

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📱 Kevin Rose's AI Hardware Test: "Would You Punch Someone Wearing This?"

• The veteran investor tried using an AI pin to win an argument with his wife by checking conversation logs. "That was the last time I wore that thing," he admits.

• Turns out constantly recording everyone around you breaks social norms. Who could have predicted this?

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📈 Markets Rally on "Trade Truce" That Definitely Won't Collapse Tomorrow

• Stocks up on U.S.-China trade optimism, dollar hits three-month highs. Fed only 68% likely to cut rates in December.

• AI spending continues regardless of macro chaos, but higher rates mean Zuck's GPU loans get more expensive.

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🚗 Vertiv Buys HVAC Company for $1B Because AI Chips Run Hot

• Data center equipment maker acquires PurgeRite to expand liquid cooling services for power-hungry AI infrastructure.

• We're literally buying billion-dollar AC companies just to keep the AI apocalypse from melting. Peak 2025.

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Until tomorrow (unless the Blackwell shortage causes societal collapse),
Team Galaxy.ai