Nvidia Circular AI: Anthropic Signs $35B Cloud Deal Using Hut 8 Campus
Anthropic has agreed to buy $35 billion of cloud computing from Nvidia-backed Lambda for capacity at a Texas data center, according to The Wall Street Journal which first reported the deal, citing a person familiar with the agreement. The project covers roughly 350 megawatts in Nueces County and is being developed by Hut 8. The […]
Top General Denies Any Unlawful Election Orders, But Hegseth Stays Silent
The chairman of the Joint Chiefs of Staff told Senator Elissa Slotkin in writing that the military has no plans to send troops to polling places in November, and that he hasn’t received any unlawful order regarding the midterms.
Grain Returns to Port of Churchill as Canada Eyes New Trade Routes
A shipment of Canadian durum wheat left the Port of Churchill for Europe this week, the first grain to move through the Arctic port since 2020.
EIA Delays Key Oil Data Again, Continuing a Year of Disruptions
The agency that tracks America’s oil supply can’t keep up with its own publishing schedule, and an independent watchdog now rates its resources “weak.”
Sponsored · Cambria Gold Mines
White House Reveals Full Terms of Its Venezuela Oil Deal
The Pentagon gets a 35% equity stake and the State Department a guaranteed right to buy Venezuelan crude at cost, according to newly released terms of the deal Trump called the “biggest oil deal in world history.”
Carney Meets With Canadian Business Leaders on US Trade Relations
The Prime Minister’s Office gave few details on what was discussed, but the timing puts the meeting squarely in the middle of an escalating trade fight.
Ottawa Reshuffles Invest in Canada Weeks Before Investment Summit
Gurinder Grewal will run Invest in Canada as its new chief executive, one of two leadership picks Prime Minister Mark Carney unveiled with a marquee investment summit just weeks away. The federal agency is charged with drawing foreign capital into the country. Grewal takes the CEO role on a full time basis for a five-year […]
Severe Storms Cut Chile Copper Production to Lowest July Since 2011
Storms lashing Chile’s northern mining heartland pushed the country’s copper production down 9.4% in July, tightening supply from the world’s largest source of the metal. At 403,424 metric tons, output for the month fell from 445,322 tons a year earlier, statistics agency INE reported. It was the weakest July reading since 2011. INE tied the […]
Sponsored · McLaren Resources Inc.
US Strategic Reserve Slides to Multi-Year Low of 286.6M Barrels
At 286.6 million barrels, the crude held in the US Strategic Petroleum Reserve now sits at a multi-year low, according to the latest government figures covering last week. A drawdown of about 3.1 million barrels over the week deepened a steady erosion that has pulled the reserve well beneath the levels it held before recent […]
Trump Personally Called Apple to Rename Lake Ontario
President Donald Trump has moved beyond ordering the US government to call Lake Ontario “Lake America.” His administration is now seeking the same result from one of the world’s largest consumer technology companies. Interior Secretary Doug Burgum said Monday that Trump personally contacted Apple about changing the name displayed on Apple Maps. Apple had not […]