Episode 402: The Ten Billion Dollar AI Infrastructure Race, Geopolitical Tensions, and the Looming Corporate Debt Crisis

In this episode, we break down the week's major developments across AI infrastructure, geopolitics, and economics. Anthropic and Meta finalize a potentially $10B computing deal while SpaceX negotiates with the Pentagon for AI infrastructure spending. Anthropic resolves its Fable 5 access saga after weeks of confusion, but faces competitive pressure from Moonshot AI's new Kimi K3 model—a genuinely compelling option at half the cost of Claude Opus. On the geopolitical front, U.S.-Iran tensions escalate with nine consecutive nights of strikes, oil prices spike past $90/barrel, and Andy Burnham becomes UK Prime Minister. Meanwhile, a quiet corporate debt crisis looms: 12.4 trillion dollars in company debt comes due between 2025-2029, with commercial real estate and weak borrowers facing the biggest squeeze as refinancing rates have tripled. Banks are thriving, but the sorting between strong and weak borrowers is underway. Hosted on Acast. See acast.com/privacy for more information.