Evan Nathaniel Grimm
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- The Economist25 min
Bulls’ AI: funding artificial intelligence
Rosie Bloor, Henry Trix, Anton LaGuardia, Helena Woods, Holly Burman, Evan Nathaniel Grimm
OpenAI projects a $150 billion valuation driven by soaring LLM training costs and exclusive funding from Microsoft, while the U.S. military modernizes its nuclear arsenal amidst a collapsing arms control framework with Russia and a rapidly expanding Chinese stockpile. Simultaneously, a growing demographic of young Americans increasingly relies on political astrology rather than traditional polling data to forecast election outcomes, as practitioners use birth charts to predict specific events involving Donald Trump and Kamala Harris. This convergence marks a broader shift where massive capital requirements are restructuring Silicon Valley finance, nuclear strategy is returning to complex trilateral rivalries, and subjective alternative forecasting is challenging established objective metrics.