AI Nosebleed.
It was a light weekend for disruptive news which included no progress whatsoever in a resolution of the government shutdown, now in its second month and set to become the longest in US history. It is starting to be acutely felt by millions of Americans with more missed paychecks, food aid broken, cuts to child care kicking in, turmoil at airports and health insurance premiums spiking. Every week that passes with Congress deadlocked is costing the US economy an estimated $10-$30 billion.
Amazon became the latest tech giant to hop on the OpenAI gravy train with a $38 billion cloud deal…
The skinny
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