Meta’s Muse Wonder launch puts frontier prices on its AI and keeps Wonder Full off the API
Meta on Monday, Oct. 12, released Muse Wonder and Muse Wonder Full, which it calls “our most capable models to
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News
Nobel economics prize goes to Hall and Woodford as Warsh scales back the Fed’s forward guidance
The Swedish academy honored two economists whose models put expectations at the center of how prices and spending move. Their own findings say what happens when a central bank goes quiet: the surprise moves to decision day.
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AI Now Drafts Nuclear Paperwork for Plants and the NRC, and Microsoft Sits in Three Chairs
Nearly every U.S. reactor has been offered AI tools for its records and filings. Microsoft built the drafting tool, hosts the models under the regulator’s own tool, and is the buyer waiting on the Crane restart.
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CFTC sportsbook carve-out takes aim at the Ninth and Sixth Circuit rulings against Kalshi
The appeals courts that ruled sports contracts are not swaps leaned on a fear that every casino bet would become a federal derivative. The CFTC’s interim rule tries to delete that fear by regulation, and it draws a line state gaming regulators will have to live on.
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Broadcom, Lambda and Meta show who is really financing the AI boom: the suppliers
Hock Tan says capital is now AI’s tightest bottleneck. His own company has already agreed to lend Anthropic up to $42 billion, and the rest of the chain is starting to look like a credit desk.
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Monday Brief: CFTC’s swap line, Broadcom’s capital problem, Amazon and Decart
The CFTC wants exchange-traded event contracts treated as swaps while sportsbooks stay with the states. Broadcom says money now limits AI build-outs more than chips do, Amazon is in talks over a startup Anthropic passed on, and an XRP Ledger fix shipped without a vote.
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CFTC proposes treating sports and political event contracts as swaps, carves out sportsbooks
Two Oct. 9 filings from the Commodity Futures Trading Commission draw a line between exchanges and sportsbooks. The concession to the states takes effect the day it is published in the Federal Register. The claim to exclusive federal control is still a proposal.
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Amazon’s $7 billion Decart talks are a bet on getting AI developers off Nvidia
Anthropic walked away from Decart at about $6 billion in September. Amazon, which rents its own AI chips through AWS, is now talking about $7 billion for the startup whose software makes it cheaper to move AI work off Nvidia hardware.
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NFL Network’s first Super Bowl is an ESPN stats feed, and the NFL owns 10% of ESPN
ESPN will put a Next Gen Stats telecast of Super Bowl LXI on NFL Network, the channel it bought from the league in February for a stake in ESPN. The league now supplies the game, the data and the channel, and owns part of the company selling all three.
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The Sunday brief: Nadella’s AI emergency brake, DistroKid’s human takedowns, and the chips under AI debt
Satya Nadella wants every AI model treated as compromised, DistroKid’s lawsuit takedowns are catching human artists, and a law firm’s memo on GPU-backed loans made the rounds on Wall Street.
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