EO 14421 looks like a transformer story. It's actually a battery storage crisis. China holds 50% of US lithium-ion imports and DOE rules by Christmas Eve.

Ting-Wei Sun pleaded guilty to four charges after routing $2.5B in Nvidia AI servers to China. $510M shipped in three weeks. Fake paperwork. A shell company. One insider.

Seven AI datacenter firms refuse to pay for the grid upgrades they trigger. A 100 MW facility consumes power equal to 100,000 homes and creates roughly 100 permanent jobs.

Broadcom CEO questions AI investor sanity at Singapore conference. His firm is arranging $145B in chip debt for the labs he just called money-losers.

Tencent committed ~$7B to lease 100K advanced Nvidia chips via Oracle in Southeast Asia. Export controls cover physical transfers. Not cloud sessions.

Greenidge rebrands as Vulcan, raises $39.4M, and wants to triple power draw at Seneca Lake for AI. Community opposition is organized and growing.

Coinbase custodies ~5% of all BTC for institutions. Its new protocol paper says start the post-quantum upgrade now, and keep the lost-coin debate out of the way.

Many experienced people plateau out of sight. Whether they keep growing depends partly on the problems they’re given to tackle.

DOE backed $581M for TVA's grid. 84 projects. 2.5 GW. Ratepayers foot the bill AI hyperscalers need. Bitcoin miners with secured access hold a moat.

The people buying AI are blunt about the fact that the future is intelligence that disappears into existing platforms. Everyone wants it…