H.A.J.2Livesagain

🚨 US LAWMAKERS ARE NOW PREPARING FOR THE AI BUBBLE TO BURST. House Democrats have introduced a resolution opposing government bailouts for AI companies if the industry crashes. Instead of rescuing them with taxpayer money, lawmakers want failed AI companies to go through normal bankruptcy. And the timing is extremely concerning. Some of the world's biggest tech companies are investing billions into AI startups that spend heavily on their products. • Nvidia invests in CoreWeave, which buys Nvidia chips. • Microsoft invests in OpenAI, which spends billions on Microsoft's cloud services. • Amazon invests in Anthropic, which uses Amazon's cloud infrastructure. Billions are moving between companies that are becoming increasingly dependent on each other's spending. And lawmakers are raising concerns about the growing use of borrowed money by Big Tech and Wall Street to finance the AI boom. The resolution is not law, but it shows that some lawmakers are already worried about what happens if the industry collapses. If AI startups run out of funding, they could be forced to slash spending or declare bankruptcy, leaving their investors and suppliers facing massive losses. And without government bailouts, a major failure could spread across chipmakers, cloud providers, banks and the broader stock market. The biggest risk is that one major AI bankruptcy could trigger losses across an entire industry worth trillions.

GOG is getting into game publishing. The newly independent DRM-free storefront has teamed up with indie publisher Retrovibe to launch Retrovibe by GOG, a new initiative focused on helping indie devs bring their games to PC and consoles. The partnership will handle things like funding, marketing, creator and media outreach, and getting games certified for release. The first games are already on the way: > Cop Bastard, releasing October 29 > Project Warlock: Lost Chapters, the third game in the boomer-shooter series These won’t be GOG exclusives. Both games are also coming to Steam.

Sony has suffered a massive data breach affecting around 2.58 million So-net and plala customers. Sony Network Communications says hackers accessed its member database on October 19. Leaked information includes: • Names • User IDs • Email addresses • Other customer information • 16 bank account records, including account numbers and bank names The company says it has not found any leaked credit card numbers or expiration dates, and it does not store customers’ bank PINs. Sony says the affected servers have been shut down and the unauthorized connections blocked, while internet services continue to operate.