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  7. Huxiu

    AI is causing the collapse of US Treasuries, and even if it ultimately succeeds, it will face heavy taxes

    As of August, the five major cloud providers have issued nearly $230 billion in bonds this year, more than twice last year's total for the full year, with a large share in 20-40 year maturities. Nomura estimates that tech giants have borrowed about $200 billion in long-term funds, accounting for a quarter of the Treasury's full-year medium- and long-term Treasury issuance, pushing up US Treasury yields. More than 75% of US federal revenue comes from individual income and social security taxes. AI is compressing labor income and employment, and combined with the depreciation tax cuts in the "One Big Beautiful Bill," corporate income tax revenue plunged by a quarter year-on-year in the first 11 months of this fiscal year. The fiscal gap forces the only growing source—AI profits—to face heavy taxes.

    As of August, the five major cloud providers have issued nearly $230 billion in bonds this year, more than twice last year's total for the full year, with a large share in 20-40 year maturities. Nomura estimates that tech giants have borrowed about $200 billion in long-term funds, accounting for a quarter of the Treasury's full-year medium- and long-term Treasury issuance, pushing up US Treasury yields. More than 75% of US federal revenue comes from individual income and social security taxes. A

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    #hot-signal#Industry news#English text is being prepared.
  8. Huxiu

    AI assistant Instinct, founded by a 23-year-old college dropout, saw its valuation rise from $2.5 billion to $10 billion in two months

    AI assistant Instinct saw its valuation rise from $2.5 billion to $10 billion in less than two months, with its Series C led by Sequoia Capital, Benchmark, and Coatue, and only 14 full-time employees. Founder Noah Shinn is 23 years old, dropped out of college, published the Agent paper Reflexion at NeurIPS as first author, and later joined Sierra as a research scientist. Instinct uses authorized permissions for email, calendar, credit cards, and more to book tickets, shop, cancel subscriptions, and negotiate insurance for users via text message or phone instructions; users spend an average of more than $1,300 per month through it, but its excessive permission requests have also sparked privacy controversy.

    AI assistant Instinct saw its valuation rise from $2.5 billion to $10 billion in less than two months, with its Series C led by Sequoia Capital, Benchmark, and Coatue, and only 14 full-time employees. Founder Noah Shinn is 23 years old, dropped out of college, published the Agent paper Reflexion at NeurIPS as first author, and later joined Sierra as a research scientist. Instinct uses authorized permissions for email, calendar, credit cards, and more to book tickets, shop, cancel subscriptions,

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    #hot-signal#Industry news#Agents#OpenAI

Thursday

Friday

  3. Wired AI

    Trump Renames "Artificial Intelligence" to "Super Intelligence"; Tech Executives Collectively Silent, Passing the Loyalty Test

    At a White House luncheon, Trump signed an executive order announcing that the federal government will no longer use the term "artificial intelligence" and will instead call it "Super Intelligence," and he demanded that the private sector follow suit. None of the attending executives—including Jeff Bezos, Jensen Huang, Dario Amodei, Mark Zuckerberg, Sundar Pichai, Greg Brockman, Alex Karp, and Elon Musk—raised any objection. Philosopher Nick Bostrom pointed out that superintelligence specifically refers to systems far surpassing the most powerful human minds, and cannot encompass broader AI systems such as spam filters, spell checkers, and early LLMs.

    At a White House luncheon, Trump signed an executive order announcing that the federal government will no longer use the term "artificial intelligence" and will instead call it "Super Intelligence," and he demanded that the private sector follow suit. None of the attending executives—including Jeff Bezos, Jensen Huang, Dario Amodei, Mark Zuckerberg, Sundar Pichai, Greg Brockman, Alex Karp, and Elon Musk—raised any objection. Philosopher Nick Bostrom pointed out that superintelligence specificall

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    #tech-media#English text is being prepared.#OpenAI#Anthropic