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We're Big Buyers of the 10-Year at 5%, BMO's Davis Says
Bloomberg Television· 2026-08-24 12:50
Does it matter to you what significance is it for how this is funded, whether it's through the general account or whether it's through T Bill issuance. Does it matter. No.Is it significant. Not at all. And the reason why is the general account is funded by t bills.That's how they got up to a trillion dollars. It just didn't appear that way. So what is the general account used for. Most recently, it's been used for the government shutdowns.That's what pays the employees, the government, federal employees, wh ...
Big Tech’s Insane Hidden AI Spending, Ranking Anthropic vs. OpenAI, AI For Travel Debate
Alex Kantrowitz· 2026-08-24 11:36
Ranjan Roy from Margins is back for our weekly discussion of the latest tech news. We cover: 1) Big Tech is spending trillions more than it tells us on AI infrastructure 2) The mechanisms of the off-balance-sheet AI buildout 3) What would happen if these projects were on the balance sheet? 4) Can Wall St. actually not figure this out? 5) Will the tech giants pay the money back? 6) Is a soft landing in AI possible at this point if things go poorly? 7) Anthropic's revenue numbers are soaring 8) OpenAI, meanwh ...
Are we ready for smart glasses? | FT #shorts
Financial Times· 2026-08-24 11:30
These are [music] the latest Rayban Meta smart glasses. They might look like a normal pair of sunglasses, but they've got cameras, microphones, and artificial intelligence packed into them. Meta has been selling millions of these products to people that want to take photos without using their hands.Check their WhatsApp messages by letting its assistant read them out to you. And you can also use them to ask artificial intelligence about the things that you're looking at. Hey, Meta, look at that.I'm looking a ...