Everything is just a coincidence until becomes a fact.

US bond market volatility is falling: The MOVE Index fell to 67 points last week, its lowest level since November 2021. This metric, also known as the “VIX of bonds,” measures yield volatility across 2-year, 5-year, 10-year, and 30-year Treasuries. The index has dropped -73 points since April as the bond market stabilized after President Trump’s "Liberation Day" sell-off. Easing volatility has also been supported by 2 Fed rate cuts in September and October and corporate credit spreads at their lowest level this century. Meanwhile, the 10-year Treasury yield has fallen -70 basis points to 4.10% since January. US bond markets are stabilizing.

50 year mortgages show you how desperate they are for bandaid solutions, they can’t afford even a 3% drawdown on the Nasdaq anymore because of the inverted demographic pyramid

Data center-related debt issuances is exploding: US secured debt issuance tied to data centers is projected to reach a record $25.4 billion in 2025. This would represent a +112% jump from the $12.0 billion issued in 2024. Since 2022, data center debt issuances have skyrocketed +1,854%. Meanwhile, BofA estimates there is already ~$49 billion in data center Asset-Backed and Commercial Mortgage-Backed Securities (CMBS) outstanding. The AI investment boom is spurring widespread borrowing.

A lot of people are not mentally prepared for the total FTX like collapse of a major LLM provider in the next 24 months.

If you don’t have a hot water tap, you can use a candle like this 🔥🚰🕯️😲💭

Don't take Ozempic. On January 1st of this year, I was rushed to the ER by ambulance and admitted to the hospital. They had to remove my gallbladder, but just 24 hours later, I was writhing in agony, and doctors diagnosed me with pancreatitis. My surrounding organs began showing signs of distress, prompting the infectious disease team to intervene. I was placed on one of the most powerful IV antibiotics available and ended up spending two grueling weeks in the hospital. Just do Keto, y'all. Willpower is a better choice than flirting with death or blindness.

Automotive factory in China. And at the same time German unions seriously request a move to four days workweek without pay cut. In which parallel mental universe do they live? They may achieve zero days workweek instead.

so OpenAI is asking to burn $1.4B to hire the Chinese in US with a paycheck of an entire Chinese AI lab, while the Chinese in China make SOTA models with the coins in their pockets.

All these companies laying off workers to replace them with AI aren't stupid. They are hiding layoffs owing to a weak economy behind that bullshit argument.

Gaten Matarazzo on the ‘GTA 6’ delay: “Of course it did… We got seasons 1-5 of ‘Stranger Things’ before GTA 6” (via: IGN)

NEW— Palantir CEO Alex Karp on @michaeljburry’s short: “I don’t like short sellers.” “I think what was happening was market manipulation. I strongly suspect he was getting out of his position. And to get out of his position, he had to screw the whole economy by besmirching the best financials ever, financials helping the average person as investors and on the battlefield.”

85% of the worlds refugees are Muslim. Not one of the 56 Muslim countries are taking in refugees. 11 of these countries are the richest in the world. If Islam is so great; why are Muslims countries not taking care of their own?

Kimi-k2-thinking is incredible. So I built an agent to test it out, Kimi-writer. It can generate a full novel from one prompt, running up to 300 tool requests per session. Here it is creating an entire book, a collection of 15 short sci-fi stories.

Jerome Powell has said that "Job creation is pretty close to zero," due to AI, per FORTUNE

This isn't a full blown market panic. It's a pullback in the big players.

Nvidia $NVDA CEO Jensen Huang was asked about a recent story that said he warned that China will beat the US in the AI race “That’s not what I said. What I said was China has very good AI technology. They have many AI researchers, in fact 50% of the world’s AI researchers are in China. And they develop very good AI technology. In fact, the most popular AI models in the world today, open-source models, are from China. So, they are moving very, very fast. The United States has to continue to move incredibly fast. And otherwise, otherwise – the world is very competitive, so we have to run fast.” (H/T @dnystedt)

got k2 thinking working on vllm completely maxxing out vram on 8xH100 i span up. had to quantize the kv cache to fp8 and decrease seq len to 1024 or else it would OOM. this is not sped up (~3.0 toks/sec). this took about 2 hrs of tweaking serving settings. livestreaming this rn

The Nvidia and Jensen Huang's China comment "situation" is very strange: On Tuesday, Jensen Huang blatantly said China “is going to win the AI race” against the US unless things change. This led to 3-day decline of -$500 billion in Nvidia's market cap. Jensen Huang has never explicitly stated this in the past. Later than night, Jensen Huang released a statement saying China is "nanoseconds behind" the US on AI. Less than 24 hours later, headlines emerged that the US is set to announce a ban on sales of Nvidia's scaled-down AI chips to China. Just one week prior to all of this, President Trump met with Jensen Huang before his meeting with China's President Xi. What happened behind closed doors?

BREAKING: Leaked October 27 letter from OpenAI to White House shows that • OpenAI had begun asking for Federal guarantees over a week ago. • Sam’s long attempted walkback yesterday on X after the huge backlash was a total lie. You cannot trust this man, ever. That’s what Ilya saw.

Be me, Sam Altman. YC kid with big ideas, little cash. Meet Elon. He says AI is scary. Google controls everything, no safety. Let’s build OpenAI for humanity. I say yes. Elon funds it. He helps hire Ilya and Greg. He calls Jensen. Jensen donates DGX-1. That’s how training begins. We start as nonprofit. Pure mission. No profit, no greed. Then reality hits. AI costs billions. Elon says merging with Tesla is the only path. I say no. He leaves. I pivot. Make a for-profit arm. Microsoft invests billions. Elon sues me. Board fires me. Internet riots. I’m back in three days. ChatGPT explodes. OpenAI hits 500 B value on NVIDIA compute. Tell Jensen I’ll also buy from AMD and Broadcom. Cheaper, not better. I want control. Jensen laughs, “I helped you rise,” he says. “No one gave you more perf for less.” I don't care, I want control. Now 20 B run rate, 1.4 T data-center plan. Brad asked how that math works. I say, “Sell your shares then.” and wish the shorts to be burned.