Palantir CEO Alex Karp on the Wealth Tax:

 "It just punishes."

"It starts with the billionaires."

"Every single person at this table is going to be paying a wealth tax only to punish us."

"And the reason for it is—these models have been completely, irresponsibly oversold."

" And the sell is, 'It's dangerous for everyone—which is why I can give it to all your adversaries, but I can't give it to the Department of War."

"Or, I can't safely give it to an enterprise in this country without being certain that the alpha of that business could transfer to this model tomorrow."

"At every single enterprise I deal with, these people are livid."

"They're like, 'I'm paying for tokens that create no value. These people are stealing the weights and alpha of my business, and they're creating a wealth tax that does not help the poor."

$META/USD H2 #Indicator #Signal #Trading #GlobalOneAI

Before Fable 5 goes live again, you'll want to read this.

Fable 5 prompting masterclass (by Anthropic)

Europe is building a serious robotics stack.

Not just humanoids.

‣ Humanoid robots
• 1X Technologies
➝ NEO, EVE

• NEURA Robotics
➝ 4NE-1, cognitive robots

• PAL Robotics
➝ TALOS, Kangaroo, REEM-C, TIAGo

• Engineered Arts
➝ Ameca, RoboThespian

• Wandercraft
➝ Calvin, Atalante

• Pollen Robotics / Hugging Face
➝ Reachy 2, Reachy Mini

• Enchanted Tools
➝ Mirokaï

• Oversonic Robotics
➝ RoBee

• Devanthro
➝ Robody

• Humanoid
➝ HMND 01 Alpha

• Clone Robotics
➝ Protoclone

• Furhat Robotics
➝ Social humanoid head

• Aldebaran
➝ NAO, Pepper legacy

• Shadow Robot Company
➝ Dexterous robotic hands

‣ Industrial robots, cobots and robot arms
• ABB Robotics
• KUKA
• Stäubli Robotics
• Comau
• Universal Robots
• Mobile Industrial Robots
• Franka Robotics
• Agile Robots
• Robotnik Automation
• igus Robotics
• Festo
• Schunk
• Zimmer Group
• OnRobot
• Kassow Robots
• RobCo
• Wandelbots
• Intrinsic
• Franka Emika

‣ Physical AI, manipulation and robot software
• Mimic Robotics
• ComanAI
• Orca AI
• Wandelbots
• Intrinsic
• Korial
• Sevensense Robotics
• Genesis AI
• Probabilistic AI
• Helsing
• AiREat
• maxon
• Harmonic Drive
• Wittenstein
• Beckhoff
• B&R Automation
• KEBA
• SICK
• IDS Imaging
• Basler

‣ Logistics, warehouse robots and AMRs
• Exotec
• Scallog
• Balyo
• Magazino
• idealworks
• Dexory
• AutoStore
• Gideon
• BionicHIVE
• MiR
• BlueBotics
• Opteran
• Swisslog
• Kardex
• KNAPP
• TGW Logistics
• Vanderlande

‣ Legged, inspection and field robots
• ANYbotics
• Swiss-Mile
• Taurob
• MAB Robotics
• Korial / Energy Robotics
• Flyability
• Tethys Robotics
• Rovco
• Eelume
• Forssea Robotics
• Shark Robotics
• Milrem Robotics
• ARX Robotics
• Rheinmetall robotic systems
• Safran robotic systems

‣ Agriculture robots
• Naïo Technologies
• Ecorobotix
• FarmDroid
• Agrointelli
• Saga Robotics
• Pixelfarming Robotics
• Aisprid
• Sabi Agri
• VitiBot
• Odd .Bot
• Trabotyx
• Earth Rover
• Antobot
• Fieldwork Robotics
• Muddy Machines
• Robotti

‣ Medical, surgical, rehab and assistive robotics
• CMR Surgical
• Quantum Surgical
• eCential Robotics
• Robocath
• Moon Surgical
• Distalmotion
• Hocoma
• Wandercraft
• Reactive Robotics
• F&P Robotics
• Assistive Innovations

‣ Social, service and commercial robots
• Engineered Arts
• Furhat Robotics
• Enchanted Tools
• Pollen Robotics
• PAL Robotics
• Blue Frog Robotics
• Aldebaran
• United Robotics Group
• Robotise
• MetraLabs

‣ Drones and aerial robotics
• Parrot
• Quantum Systems
• Wingtra
• Auterion
• Verity
• Volocopter
• Aerones
• Dronamics
• FlyingBasket
• Flyability
• Skyports Drone Services
• Delair
• Azur Drones
• Nordic Unmanned
• Tekever

➤ What Europe has
• strong labs
• strong components
• strong industrial robotics
• serious automation companies
• a growing humanoid layer

➤ What Europe still needs
• faster deployment
• stronger capital
• clearer commercial use cases
• more robots outside lab demos

China is moving fast.

The US is moving fast.

Europe has the engineering base.

Now it needs speed.

I’m genuinely wondering how NVIDIA holds up long term.

OpenAI now has Jalapeño. Google has TPUs. Amazon has Trainium and Inferentia. Meta is working on MTIA. Every major AI player either already has custom inference silicon or is clearly trying to get there.

NVIDIA still has the ecosystem, CUDA, networking, supply chain and insane execution. So I’m not saying they disappear. That would be stupid.

But the direction is obvious: the big labs don’t want to rent the future from one vendor forever.

The real question is whether NVIDIA stays the king of AI compute, or whether this was peak monopoly.

Gold has crashed 25% from its March peak of $5,300.

Gold has underperformed stocks by 30% since March.

But here's the model that explains why.

Think of gold as an insurance policy on the entire financial system.

Its value equals the sum insured, all global stocks, bonds, and cash, times an insurance premium rate.

That premium rate is the market's fear of wealth confiscation.

Debasement, government default, or a banking collapse.

The higher the fear, the higher gold's premium.

Since 1971, this rate has averaged around 5%. But it swings violently with fear.

It hit 20% in the 1970s inflation shock. Over 10% after the financial crisis.

And it recently surged past 10% again, on "Trump 2.0" fears and central bank worries about the dollar.

Now that fear is fading, and the premium is reverting to its 5% average, just like after every past extreme.

For that to happen, gold must underperform financial assets by another 35%.

The re-release of Fable 5 is probably the greatest thing to ever happen in AI.

I spent the last few hours putting together an ultimate guide to help you master Fable.

Key model differences, loop engineering 101, Fable + Skills, how to build a context memory system & more:

#WTI US Oil collapsed out of the mini wedge to $68 today.

We're within $10 of my $58 July target that people said was impossible back in April 2026.

I see what they're doing...

China's move to remove paper #gold will trigger the reflex rally, exactly like May 1980.

One of the strongest sectors outside of AI right now is Biotech.

Oncology
$TNGX Tango Therapeutics
$ELVN Enliven Therapeutics
$RVMD Revolution Medicines
$RLAY Relay Therapeutics
$CGON CG Oncology
$PSNL Personalis
$GH Guardant Health
$NEO NeoGenomics
$INCY Incyte

Neurology
$DFTX Definium Therapeutics
$CMPS COMPASS Pathways
$DNLI Denali Therapeutics
$XENE Xenon Pharmaceuticals
$BIlB Biogen
$NBIX Neurocrine Biosciences
$CPRX Catalyst Pharmaceuticals

Immunology
$ORKA Oruka Therapeutics
$DNTH Dianthus Therapeutics
$APGE Apogee Therapeutics
$IMVT Immunovant
$KNSA Kiniksa Pharmaceuticals
$TGTX TG Therapeutics
$PTGX Protagonist Therapeutics

Genomics
$NTLA Intellia Therapeutics
$EDIT Editas Medicine
$BEAM Beam Therapeutics
$CRSP CRISPR Therapeutics
$ARWR Arrowhead Pharmaceuticals
$KRYS Krystal Biotech
$VCEL Vericel

Rare Diseases
$LQDA Liquidia
$MBX MBX Biosciences
$EWTX Edgewise Therapeutics
$TVTX Travere Therapeutics
$TRVI Trevi Therapeutics
$PVLA Palvella Therapeutics
$VRTX Vertex Pharmaceuticals

Drug Discovery
$TWST Twist Bioscience
$ABSI Absci
$RXRX Recursion
$ABCL AbCellera
$NRIX Nurix Therapeutics

Medical Devices & Life Science Tools
$TWST Twist Bioscience
$ABSIR Absci
$BFLY Butterfly Network
$TXG 10x Genomics
$ABCL AbCellera
$BRKR Bruker
$ALMR Alamar Biosciences
$TECH Bio-Techne

$AXE has signed a strategic three-year Quantum Compute Agreement with US-based $IONQ to accelerate its quantum software development and explore Australian market opportunities.

Under the US$1.5 million deal, $AXE and its customers gain cloud access to $IONQ high-performance 36-qubit Forte quantum processor to run complex algorithms and refine its proprietary quantum machine learning fraud detection models.

Additionally, the companies will conduct a feasibility study to assess deployment options for a physical, sovereign $IONQ quantum computer inside an Australian data center.

This onshore strategy specifically targets Australia's projected $6 billion domestic quantum market by 2030, catering to defense, government, and banking clients bound by strict data sovereignty regulations.

How to invest in the AI/robotics gold rush (FULL GUIDE)

1/
Fable 5 was supposed to be the next frontier model.

Instead people are getting fallbacks, useless refusals, account holds, brutal limits, and safety popups on completely normal prompts.

This is not a launch.

This is Anthropic shipping a Ferrari with a panic button glued to the engine.

2/
Anthropic basically admits the problem themselves.

The safeguards are too broad. Harmless requests get flagged. Biology-adjacent questions can trigger fallback. Users get pushed to Opus 4.8.

So the “most powerful model” disappears exactly when you try to do serious work.

Brilliant.

3/
Asking for unanswered questions in cancer research should not trigger a safety freakout.

That is normal science.

If Fable 5 can’t handle basic biomedical research questions without hiding behind Opus 4.8, then stop pretending this is a serious tool for researchers.

4/
The political theory stuff is just embarrassing.

A model that can’t discuss historical political theory is not “aligned”.

It’s a corporate compliance bot wearing a frontier-model costume.

At some point safety stops being safety and becomes intellectual self-harm.

5/
And then it flags harmless biology questions like “do bumblebees fart?”

That is not protecting humanity.

That is a classifier with a concussion.

If your flagship model treats basic curiosity like a biosecurity incident, the product is broken.

7/
This is the real problem with Fable 5.

Maybe the raw intelligence is there. Maybe it’s amazing under the hood.

But if users constantly hit fallbacks, limits, account holds, and dumb refusals, then the practical product is useless.

Anthropic didn’t release a frontier model.

They released fear with a chat box.

Palo Alto Networks CEO Nikesh Arora said 90% of enterprise workers are behind on AI, and it could determine the fate of their careers.

He expects 20% to 25% of his workforce to change within 12 months.

According to a 2025 Orgvue study, 39% of leaders had already cut workers after deploying AI.