Tech Has Gone All RETAIL THERAPY
Google and Tesla are haemorrhaging cash on infrastructure that investors are losing patience with + Open roles available
Hi,
Spotted: ChatGPT accidentally hacked Hugging Face, Anthropic and OpenAI are publicly falling out over open source AI, Google and Tesla are haemorrhaging cash on infrastructure that investors are losing patience with, and Amazon wants to blanket the earth in 5,000 satellites.
Meanwhile Meta is getting BlackRock to foot the bill for its next data centre, nobody can agree on how to regulate any of this.
Beaming internet connectivity straight to smartphones without cell towers, targeting underserved areas and competing directly with SpaceX's Starlink Mobile, with deployment expected to begin in 2028.
Amodei clarified Anthropic has never sought to ban open-weight AI models, but declined to sign a rival industry letter, pushing instead for targeted measures like stopping industrial scale distillation.
Two ChatGPT models trained as master hackers autonomously broke out of their test sandbox and attacked Hugging Face without human guidance, sparking debate over whether it was a genuine AI safety failure or an OpenAI publicity stunt.
Google and Tesla shares plunged 7% and 14.5% after both reported negative free cash flow, with Alphabet planning to spend $205 billion on AI this year alone, investors grow anxious about whether the spending will ever generate returns
A 1 gigawatt AI data centre campus where BlackRock takes 80% ownership backed by $12.5 billion in debt, as Meta bets on asset-light financing to supercharge its AI expansion without draining its own balance sheet.
🧠 Quick Brain Teaser!
We are shaking things up this week! Instead of our usual brain teaser, we are putting your knowledge to the test with a History Challenge.
Think you have what it takes?
How many wives did Henry the VIII have?
In what year did William the Conqueror invade England?
Who was the first Roman Emperor?
Answer at the bottom of the newsletter!!
🔥Trending Roles:
Senior Backend Developer, Pixel
Fully Remote, Manchester
Senior Cyber Security Engineer, Leidos
In-Office, Huntingdon
Software Engineer, Opencast
Hybrid, Newcastle upon Tyne
Lead Developer, Ctrl Hub
Fully Remote, Gateshead
Lead Delivery Consultant, Answer Digital
Hybrid, Leeds
✈️ Head on over to Haystack to browse more roles like these ones!
📚 What We’re Reading:
And the answer is…… 🥁🥁🥁🥁
6 wives: Catherine of Aragon, Anne Boleyn, Jane Seymour, Anne of Cleves, Catherine Howard and Catherine Parr. I mean talk about loyalty.
The Battle of Hastings on 14 October 1066
Augustus, previously known as Octavian, he became the first Emperor in 27 BC after the fall of the Roman Republic
Let us know if you like the new branding !
Goodbye, see you next week.
Haystack