Michael Burry — the man who famously predicted the 2008 housing crash — is back, this time targeting the AI market. Burry has reportedly placed a $1.1 billion short position against Nvidia and Palantir, arguing that today’s AI euphoria feels eerily similar to past bubbles: soaring valuations, unchecked optimism, and a belief the growth never stops.

Beijing has directed all state-funded and state-backed data centers under construction to remove AI chips from Nvidia, AMD, and Intel, replacing them with domestic processors. The rule targets projects less than 30% complete, forcing developers to redesign systems before launch.

💡 The move signals China’s push for AI self-sufficiency, prioritizing long-term security over short-term speed and reducing reliance on U.S. tech. With China making up ~25% of global data-center demand, this marks a significant loss for Nvidia and a major step toward hardware independence. 🎥

Microsoft announced the creation of the MAI Superintelligence Team, a new division focused on building Humanist Superintelligence — AI systems designed to extend human expertise while staying aligned with human intent.
 Led by CTO Kevin Scott, the initiative unites experts from Microsoft Research, Nuance, and OpenAI collaborations to create specialized intelligences that can reason, discover, and collaborate across science, medicine, and engineering.
 The vision: AI that amplifies human progress — not replaces it

Elon Musk’s xAI rolled out a stealth update to Grok-4-Fast, pushing reasoning accuracy to 94.1% and non-reasoning tasks to 97.9%, while introducing Grok Imagine — a new text-to-video generator that renders short clips in under 17 seconds. Musk called it a “major upgrade,” refined behind the scenes before release. 👉