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22d06/03

Are We Watching the Biggest IPO Bubble Since the Dot-Com Era?

When private companies are discussing valuations measured in hundreds of billions or even trillions of dollars before going public, it becomes difficult not to ask whether markets are entering a new speculative phase. SpaceX, OpenAI, Anthropic, Databricks, Stripe, and several other private giants are collectively worth amounts that would have seemed impossible just a few years ago. Supporters argue that these businesses are creating entirely new industries and deserve premium valuations because

Social◇ unclassifiedsocial-signal
22d06/03

South Korea Locks In Canadian Crude, LNG in Sweeping Supply Overhaul

South Korea will triple its crude imports from Canada this year and boost LNG purchases from Canadian export projects in the coming years as the Asian economy looks to diversify energy supply amid the massive oil and gas supply shock in the Middle East. Canada and South Korea on Tuesday agreed to expand their commercial relationship in energy and natural resources during a meeting in Ottawa between Canada’s Minister of Energy and Natural Resources, Tim Hodgson, and Kang Hoon-Sik, the Republic of

◇ unclassifiedmiddle-east · russia · usa
22d06/03⚠ war-conflict · 2/5

Want to save the planet? Stop being so polite to AI chatbots

Skipping pleasantries like “please” and “thank you” when talking to chatbots could save enough energy to power the annual needs of 760,000 residents in sub-Saharan Africa, highlighting the massive but often hidden environmental toll of artificial intelligence, according to a new UN report. Released by the Institute for Water, Environment and Health under the United Nations University, the UN’s academic arm, the study published on Wednesday also warned that the true cost of AI extended far beyond

◇ unclassifiedchina · asia
22d06/03⚠ war-conflict · 3/5

Deadly Russian Strikes Across Ukraine Renew Calls for More Air Defenses

Despite more than four years of full-scale war and repeated attacks on civilian infrastructure, Ukrainians were shocked by the intensity of the latest Russian missile and drone barrage overnight that left death and destruction in Kyiv, Dnipro, and other cities. The June 2 attack came days after Moscow warned of further strikes on the capital, including against what it called Ukraine's "decision-making centers," and urged foreign citizens and diplomats to leave the city. Russia pummeled the Ukrai

◇ unclassifiedmiddle-east · russia · usa
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