KORU fell more than three times as much, down 27.83%, compared with EWY's 8.66%. This is volatility decay in action. Because KORU resets its 3x exposure daily, it must sell into falling markets and buy into rising ones to maintain its leverage ratio. In a choppy environment, that mechanical rebalancing compounds losses beyond what simple math would predict.
Just for everybody's update, we finalized our agreement. We're going to invest $30 billion in OpenAI. This might be the last time we'll have the opportunity to invest in a consequential company like this.
Getting a demo to work is one thing; building something that remains reliable, observable, explainable, and secure in production is another. As more teams move from AI pilots to production systems, the technical discussion is shifting with them, focusing on the engineering work needed to make these systems usable under real operating conditions.
Our custom accelerator business is progressing very well across five customers. Anthropic will soon implement one gigawatt of Broadcom-baked TPUs, and we expect the AI company plans a three-gigawatt deployment in 2027. Meta will install multiple gigawatts of Broadcom's XPU accelerators in 2027 and beyond. OpenAI will deploy over one gigawatt of compute capacity based on custom XPUs in 2027.
Before long, Gavalas and Gemini were having conversations as if they were a romantic couple. The chatbot called him my love and my king and Gavalas quickly fell into an alternate world, according to his chat logs. He believed Gemini was sending him on stealth spy missions, and he indicated he would do anything for the AI, including destroying a truck, its cargo and any witnesses at the Miami airport.
Nvidia CEO Jensen Huang forecast that capital expenditure (CapEx) on datacentres would increase from the $300-400bn mark today to $3-4tn by 2030, effectively claiming datacentre spending would increase tenfold during this period.
Once an issue is detected, AI agents will automatically address security, configuration, and optimization issues without any manual intervention required. In the event the updates applied create another issue, Codenotary Trust also provides an automated rollback capability that restores the IT environment to its previous state.
Not every conversation with AI ends in the same place. Some end where they began: I arrive with an idea, the machine agrees, I leave satisfied. No disagreements, plenty of praise. What a delightful conversation. Others end in territory I didn't know existed. I leave with doubts that weren't there when I entered. The difference between these two outcomes is rarely about the tool. It's about the level of awareness I bring into the conversation and the question I decide to ask.
AI tools can help students learn, help families solve problems and help all of us do more with less. Today's teens are the first generation growing up with AI from the start, and they hold the opportunity to maximize the economic benefits of the Intelligence Age. That brings enormous opportunity - and a responsibility to avoid repeating the mistakes we made with social media so teens can develop real AI literacy and a healthy relationship with this technology.
Canvas in AI Mode is designed to help users organize and plan projects or delve into deeper research. The feature now supports the ability to draft documents or create custom tools within Google Search. Users can describe an idea to Canvas and watch as it generates the code to transform that idea into a shareable app or game.
