Posts

What is a neocloud, and why is the market suddenly freaking out about them?

Image
Investors are worried that funding could be scarce for neoclouds and that AI investment could slow down, hurting their business outlook. Erik Isakson/Getty Images The neocloud panic has rattled a key part of the AI trade lately. "Neocloud" encompasses cloud computing providers that primarily focus on AI services. The subsector has plunged recently amid broader funding concerns and fears AI investment may slow down. What the heck is a neocloud ? It's a question you might have asked yourself while parsing headlines about growing investor panic in the space in the last few week. Concerns have been quietly building in recent months, but only recently escalated to the level of major market risk, resulting in a rout that's spilled over into the AI and chips sectors. The Roundhill Neocloud ETF is now down around 31% since its inception this summer. The sector briefly sold off again on Monday, spooked by bearish comments from Elon Musk , before reversing course to edge highe...

Grok releases the first seven minutes of its AI-generated ‘Odyssey’

The footage looks okay, as long as you're not seeking artistry, inspiration, or human interest. from TechCrunch https://ift.tt/ighcM2q via IFTTT

‘Cyberselfish’ author takes aim at Silicon Valley libertarians as her book returns from the dead

"That's a 12-year-old view of the world." from TechCrunch https://ift.tt/EgCdfzV via IFTTT

Trump on high gas prices: 'We're making a freaking fortune'

Image
President Donald Trump said on Saturday that American oil companies were making a fortune on the Iran war. Andrew Harnik/Getty Images Trump said on Saturday that American oil companies are making a "fortune" on the Iran war. Americans, however, are paying record prices at the pump, according to AAA. Trump made the comments less than two weeks from the midterm elections. Though regular Americans are paying more at the pump , US oil companies are striking it rich, President Donald Trump said on Saturday. Speaking at a rally in Georgia, Trump said that oil prices are "temporarily high," but added that the throttling of the Strait of Hormuz has pushed oil buyers to American companies with operations in Texas, Oklahoma, and Louisiana. "The United States oil and gas business is making hundreds of billions of dollars," Trump said. "I don't give a damn, I'm going to say it — we're making a freaking fortune." Indeed, a Q2 report this year fro...

My husband and I moved abroad in our 50s after deciding there was no perfect time to relocate

Image
Leslie Hodgin and her husband moved to the Netherlands in January 2026. Leslie Hodgin Leslie Hodgin and her husband had dreamed of moving abroad. They finally took the leap in January, deciding not to waste time in their 50s. Hodgin said the move was expensive and time-consuming, but she's been happy with their relocation. This story is based on an interview with Leslie Hodgin, a 55-year-old marketing consultant who moved from the US to the Netherlands with her husband, John Lyman, 52. It has been edited for length and clarity. Until 2026, I was living in Richmond, Virginia, with my husband and our cat. My dad was in the Army, so I grew up all over the world, but Richmond is my adopted home. I lived there for about 10 years. During that time, I got an offer to move to Seoul, South Korea, for my marketing job. My husband, John, and I were dating at the time. We got married one week before moving to Seoul for two years. After the contract ended, we returned to the States. I love Ric...

Peter Thiel says Apple has done 'nothing new' after Steve Jobs

Image
Peter Thiel said that after Steve Jobs died in 2011, Apple hasn't innovated. Justin Sullivan/Getty Images Peter Thiel said Apple hasn't innovated since the iPhone. Thiel said Tim Cook hasn't taken the company in new directions. The billionaire venture capitalist said eccentric CEOs like Elon Musk "are way better for society." Peter Thiel, evidently, isn't a fan of the iPhone Duo . In fact, the billionaire PayPal cofounder and tech investor said he hasn't been very impressed with much of anything that Apple has done since its eccentric founder, Steve Jobs, died of cancer in 2011. "In my telling, it did nothing new after Jobs," Thiel said of the iPhone maker in a September interview with author Walter Isaacson for the "Builder's Podcast," which was released on Thursday. "It turned out, yeah, the mobile phone was this giant invention — there was not that much more to do," he said. "Then it was just scaling and branding a...

Will AI expose the rickety infrastructure of the internet?

The moment you realize the internet is "held together by glue and dreams." from TechCrunch https://ift.tt/ewkm6RD via IFTTT