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13.10.26 - 05:33
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Hock Tan Warns AI Investors Are Gambling In A Casino... Whose Chips His Own Credit Is Paying For (ZeroHedge)
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Hock Tan Warns AI Investors Are Gambling In A Casino... Whose Chips His Own Credit Is Paying For
Usually it's the chip CEOs who are the cheerleaders and the bond market that plays the skeptic. On Monday, the CEO of the second-most important AI chipmaker on the planet decided to play both roles.
Speaking on a panel at a DBS conference in Singapore, Broadcom boss Hock Tan said that many of the investors piling into AI behave more like gamblers than investors, setting extreme expectations only to discover they are effectively sitting at a casino table. In his own words, "a lot of investors have no clue what they are investing in."
He didn't stop there. Tan also questioned the long-term economics of the money-losing frontier labs, and, most importantly for markets, warned that insufficient capital could become the next constraint on the AI industry's growth. As if to make his point for him, Intel's Lip-Bu Tan, who shared the panel, said hardware will stay in short supply for another ...
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10.10.26 - 13:15
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As German Voters Reject Mass Migration, Politicians And The Media Play The Fool (ZeroHedge)
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As German Voters Reject Mass Migration, Politicians And The Media Play The Fool
Authored by Pawel Styrna via American Thinker,
The anti-mass-migration Alternative for Germany (AfD) has won the election to the provincial parliaments in the states of Saxony-Anhalt and Mecklenburg-Vorpommern.
The AfD's rising trajectory demonstrates that - like throughout the rest of the West - voters increasingly want an end to unchecked mass migration and its many cultural, economic, and security problems. It also shows that the globalist, pro-mass-migration political and media establishment continues to ignore and demonize the voters and pretend there is no problem.
Although the AfD did not capture a majority of the seats in the Saxony-Anhalt parliament (Landtag), it came within striking distance. Winning 44 percent of the vote, the AfD nevertheless doubled its share from the previous (2021) election and secured its best showing ever. In Mecklenburg-Vorpommern, it more than doubled its vote share.
The biggest...
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10.10.26 - 03:33
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Nevada ′Runaway Bride′ Who Married Multiple Men To Fund Gambling Addiction Ordered To Repay $280,000 (ZeroHedge)
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Nevada 'Runaway Bride' Who Married Multiple Men To Fund Gambling Addiction Ordered To Repay $280,000
A Nevada woman who allegedly used a string of marriages to extract money from unsuspecting men has been ordered to repay more than $280,000 after pleading guilty to bigamy and financial fraud, according to CourtTV.
Jiaying Chen, 33, was accused of maintaining a yearslong operation in which she pursued romantic relationships, married multiple men and obtained significant amounts of money before abandoning them. Investigators said she went through five marriages in just the past year. Clark County records also revealed that Chen sought 14 marriage licenses between 2019 and 2024, with seven ultimately resulting in documented marriages.
During an October 6 court hearing, prosecutors detailed the financial damage suffered by nine men, whose individual restitution claims ranged from approximately $8,100 to $81,000. One victim described making five separate trips to China in an unsuccessful effort t...
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