Skip to main content
AI Socratic
  • Bernie Sanders announced the American AI Sovereign Wealth Fund Act: a one-time 50% tax on the biggest AI companies, paid in stock, transferring half their equity to a public fund paying dividends to Americans. Sources: op-ed, Fortune
  • NVIDIA Q1 FY27: record $81.6B revenue (+85%), data center $75.2B, and zero China data-center sales (vs $4.6B a year ago). Stock fell anyway. Sources: press release, CNBC
  • Broadcom Q2: AI revenue $10.8B (+143%) with $30B+ of AI bookings in the quarter. Stock: -3% on a software miss. Sources: SEC 8-K, earnings call
  • Oracle Q4: RPO ballooned to $638B (+363%) on $67B of new AI contracts, against -$23.7B free cash flow and ~$70B of FY27 capex. Stock -10%. Sources: Oracle IR, CNBC
  • HBM4 supercycle: Samsung, SK Hynix and Micron all certified for Vera Rubin HBM4; Micron jumped 9.9% in a day as price targets hit $1,750. Sources: TechTimes
  • BIS closed the overseas-subsidiary loophole: export licenses now follow Chinese ownership, wherever the buying subsidiary sits. Beijing answered by certifying nine domestic AI chips for government procurement. Sources: Al Jazeera, Tom's Hardware
  • The "Great American AI Act": a 269-page bipartisan discussion draft trading a 3-year freeze on state AI-development laws for federal frontier-safety rules, such as NIST-licensed audits, 15-day incident reporting, penalties up to $1M/day. Sources: Roll Call, FedScoop
  • China's $295B answer to Stargate: Bloomberg reports a 2 trillion yuan, five-year state plan for a nationwide network of interconnected AI datacenters, with at least 80% domestic technology. Sources: Bloomberg, The Decoder
React:

Comments

Sign in as a member to join the conversation.

Loading comments…

Stay Updated

Get the latest AI insights delivered to your inbox. No spam, unsubscribe anytime.