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Showing posts with the label Billionaires

The Gazillion-Dollar Oops

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  The Gazillion-Dollar Oops An update Three months ago I wrote about the AI spending binge and called it “The Trillion-Dollar Oops”. It felt cute at the time. The Trillion-Dollar Oops No1 · December 22, 2025 Read full story I owe you an apology. I was being generous. A whole year back, back  all  the way to December, the big five hyperscalers were spending $405 billion a year and I thought that number was already insane. I said it was accelerating. I said No1 knows what anything costs anymore. That these estimates kept getting revised upward so fast that by the time you finished reading the sentence, someone would have revised it again. I thought I was joking. But increasingly this dimension has other ideas with reality. I was being prophetic. The 2025 final tally came in at $443 billion for the top five, up 73% year-on-year. Fine. That’s the world we live in now. But the 2026 projections? CreditSights estimated about $600 billion in November. Then Q4 earnings calls hit a...

Technate, Ohio: How Leslie Wexner and Jeffrey Epstein Built The Silicon Heartland

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  Technate, Ohio: How Leslie Wexner and Jeffrey Epstein Built The Silicon Heartland Ohio has become the new destination for Big Tech data centers and AI infrastructure. The state owes much of its rapid transformation into the so-called “Silicon Heartland” to the now vast array of public-private partnerships pioneered by the state’s richest man, Leslie Wexner, and his former money manager and fixer, Jeffrey Epstein. by Mark Goodwin and by Whitney Webb Early  last year , shortly after Donald Trump took office for his second term, former presidential candidate Vivek Ramaswamy announced he was departing the recently-formed Department of Government Efficiency (D.O.G.E) after reports of conflict with the department’s co-head, Elon Musk. Ramaswamy  joined   Fox News  to clarify these rumors, and to tease his next endeavor –– holding public office. Ramaswamy noted Musk’s approach was “a technology approach,” whereas his was “focused more on a constitutional law, legisla...