Alex Callinicos

by Alex Callinicos

Alex Callinicos

@alexcallinicos.bsky.social

on.ft.com/43opmxZ ‘Of course it’s a bubble’: AI start-up valuations soar in investor frenzy

‘Of course it’s a bubble’: AI start-up valuations soar in investor frenzy

Unprecedented funding leads 10 groups including OpenAI and Elon Musk’s xAI to gain almost $1tn in value in past year

on.ft.com

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by Alex Callinicos

Alex Callinicos

@alexcallinicos.bsky.social

‘Of course it’s a bubble.’

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Reposted by Alex Callinicos

Leni

@runningredlights.bsky.social

For founders and early investors who weren’t Microsoft, the dilution has been severe. Eight of the eleven original co-founders have left. Early VCs who got in at sub-$30 billion valuations have seen their ownership percentages compressed dramatically—even as the absolute dollar value has grown.

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Reposted by Alex Callinicos

by Alex Callinicos

Alex Callinicos

@alexcallinicos.bsky.social

www.nytimes.com/2025/10/15/u...

Trump Administration Authorizes Covert C.I.A. Action in Venezuela

www.nytimes.com

by Alex Callinicos

Alex Callinicos

@alexcallinicos.bsky.social

Trump has issued a presidential finding authorising the CIA to take covert action against Maduro. ‘The new authority would allow the C.I.A. to carry out lethal operations in Venezuela and conduct a range of operations in the Caribbean.’

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Reposted by Alex Callinicos

by Alex Callinicos

Alex Callinicos

@alexcallinicos.bsky.social

on.ft.com/42B9Rm5 Who owns OpenAI? Blockbuster deals complicate investor payouts

Who owns OpenAI? Blockbuster deals complicate investor payouts

Microsoft, OpenAI’s staff and non-profit arm are due close to 90% of start-up. But Nvidia deal will dilute shareholders

on.ft.com

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Reposted by Alex Callinicos

Reposted by Alex Callinicos, Rebecca Ruth Gould

by Alex Callinicos

Reposted by Alex Callinicos

by Mouin Rabbani — Reposted by Alex Callinicos

Reposted by Alex Callinicos

Arvindjadwa

@arvindjadwa.bsky.social

Israel's word is worth nothing. Do the European States care that Israel continues to commit War Crimes?
Why doesn't the EU call for Israel to be disarmed and deradicalised?

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Reposted by Alex Callinicos

by Alex Callinicos — Reposted by Alex Callinicos

Alex Callinicos

@alexcallinicos.bsky.social

Where have we seen these before? ‘A common structure used to finance data centres involves the creation of special purpose vehicles backed by large amounts of private credit. Arrangements like these have the advantage of staying off the balance sheets of the tech companies.’