Alterslash

the unofficial Slashdot digest
 

Contents

  1. Memory Prices Climb 500% In 12 Months
  2. You Can Finally Buy a Fairphone In the US
  3. Google Buys All of Spirit Airlines’ Data to Feed Its AI Models
  4. Apple Lowers App Store Fees In Europe to Settle Dispute With EU
  5. Microsoft MVP Creates Site to Remind You of All the Brands Redmond Replaced
  6. India Paves the Way For Charging Merchants a Fee On UPI Transactions
  7. Sainsbury’s Store Pauses Facial Recognition After False Shoplifting Claim
  8. Solar Power and Batteries Have Been Keeping Europe’s Grid Stable
  9. ‘Buy Now, Pay Later’ Lenders Pitch Loans For Needs Like Electricity and Rent
  10. Supreme Court Rejects Verizon Bid For $47 Million Refund of FCC Fine
  11. Apple Wallet Driver’s License Feature to Launch in Four More US States
  12. Judge Sets Framework For Nine PBS to Retrieve 70 Years of Archival TV Data
  13. Meta Faces $1.4 Trillion Reckoning In Latest Trial Over Social Media Addiction
  14. US Grid Operator PJM Proposes Forcing Data Center Off Grid During Emergencies
  15. OpenAI Announces Massive Data Center In Ohio With $105 Billion Nvidia Guarantee

Alterslash picks up to the best 5 comments from each of the day’s Slashdot stories, and presents them on a single page for easy reading.

Memory Prices Climb 500% In 12 Months

Posted by BeauHD View on SlashDot Skip
RAM prices have exploded over the past year, with some DDR5 kits approaching 500% year-over-year increases and a 128GB kit now selling for $3,399, which is more than 10 times its previous low. Tom’s Hardware reports:
Things improve as you step down the memory capacities and speed tiers, but not as much as we’d like. You’re still looking at $392 for a memory kit that was just $72 last year. To reinforce the point, I pulled the latest average price data from PCPartPicker, comparing where we are today (August 2026) to exactly one year ago. This data is somewhat approximate, but it should be broadly accurate. […] A standard 64GB (2x32GB) DDR5-5600 kit that would have cost you under $200 last summer is now demanding over $1,100. It is a 5x multiplier on a component that used to be a fairly boring and predictable line item in a PC build budget.

If you plan to just wait it out on an older AM4 or LGA1700 motherboard with DDR4, you’d better hope your memory holds out too, because DDR4 isn’t safe from the fallout. With DDR5 entirely out of reach for most builders, the resulting scramble for older platforms running DDR4 memory has created a massive knock-on effect, and as a result, DDR4 kits are up anywhere from 120% to nearly 180% across the board. Nowhere near as bad as DDR5 pricing, but it still stings when a kit that was $105 last year is $281 this year.

This phenomenon is by no means exclusive to the US, either. German tech site ComputerBase have also been tracking this global trend, reporting just this week that average RAM prices in Europe have skyrocketed by 345% compared to September 2025. Their data shows the squeeze is bleeding into other components too, with hard drive and SSD prices both climbing over 125% in that same timeframe. In fact, the situation is so severe that hyperscale buyers have reportedly already locked in almost all of the global DRAM production capacity for 2027, handing over advance deposits to guarantee their supply of precious DRAM, which is now among the highest-value commodities in the world by weight; mainstream DRAM chips are worth over half as much per kilogram as solid gold.

Thanks, AI bubble!

By Locke2005 • Score: 3 Thread
I’m hoping there will lots of cheap hardware availble once the bubble pops.

You Can Finally Buy a Fairphone In the US

Posted by BeauHD View on SlashDot Skip
An anonymous reader quotes a report from Wired:
Your iPhone, SamsungGalaxy, andGoogle Pixel have a 1-year warranty. Unless you cough up extra dough for an extended service plan, you’ll pay a hefty fee if you damage the screen and need a replacement (around $329 for aniPhone 17done directly fromApple). But it doesn’t have to be this way. What if you could order the part from the manufacturer and do the repair yourself? That dream is finally being realized for American consumers, thanks to Fairphone.

The Dutch company is bringing its repairable and sustainably built Android smartphone — the Fairphone (Gen 6+) — to the US. Each one comes with a screwdriver. A replacement screen from Fairphone costs just $90. A new USB-C port is $20. A fresh battery is $40. In all, there are 12 modular elements you can swap yourself. It remains the only smartphone series with a 10/10 repairability scorefrom iFixit, not to mention an unmatched 5-year warranty and software updates through 2033.

The new Fairphone (Gen 6+) is a small upgrade over the Gen 6 that the company launched last year. It has a newer Qualcomm Snapdragon 7s Gen 4 processor and double the RAM at 12 GB, but is otherwise largely the same device (hence the “plus” in the name). It now comes in Cobalt Blue, a nod to the miners who extract the cobalt used to make phone batteries, and the company’s efforts to improve working conditions in mines in the Democratic Republic of Congo. The new Fairphone is available on Amazon and at Fairphone.com for $650, and it’s officially certified to work on T-Mobile and AT&T’s networks.
While this will mark the U.S. debut of its flagship smartphone, the company first entered the stateside market last year with its repairable earbuds and headphones. It also plans to launch its next-generation Fairbuds 2 wireless earbuds later this year.

Thanks

By medusa-v2 • Score: 3 Thread

Nice timing. Yesterday I was looking at de-googled variations of the plain 6 from Murena but the old version didn’t support my carrier. This one will.

Maybe the important detail is that for folks who want to dump google, you can also go that route at https://murena.com/america/sho… : I guess that makes me a shill but I’m just in it out of a general sense that google went traitor back in the day.

No!

By Locke2005 • Score: 3 Thread
I ain’t givin’ up mah Trump Phone! MAGA! /s

Google Buys All of Spirit Airlines’ Data to Feed Its AI Models

Posted by BeauHD View on SlashDot Skip
Google has agreed to pay $10 million for a massive trove of anonymized Spirit Airlines data following the carrier’s shutdown, including internal communications, spreadsheets, booking and frequent-flyer records, transactions, and employee information. CNN reports:
Did you ever fly on Spirit Airlines? Or work there? Or send an email to someone who worked there? Then your information will soon be feeding Google’s artificial intelligence model. The discount airline halted all operations in May, and it’s been selling off its remaining assets through the bankruptcy process ever since. While most of that is planes, equipment, and real estate, there’s other things that are valuable, too.

It was disclosed late Monday that the company agreed to sell its data to Google for $10 million. That includes emails and internal communications, spreadsheets, transactions with the public including bookings and frequent flyer information as well as human resources information on its employees. The data has been stripped of anything that would allow individuals to be identified, according to the court filing. But it is still a massive amount of useful intelligence.

Can’t wait for a story about failed anonymization

By flibbidyfloo • Score: 3 Thread
You know it’s going to happen - someone in charge of replacing/stripping all the names and replacing them with numbers, or whatever, is going to fail at some level. A bunch of PII will go into Gemini, and they won’t be able to sue Spirit, because they won’t exist, and Google will definitely make sure their contract excuses them from any liability.

Now We Know

By Archangel Michael • Score: 3 Thread

We now have a NUMBER for the value of these data breaches. Time for the Lawyers to use this metric to go after every single data breach.

Re:Can’t wait for a story about failed anonymizati

By Registered Coward v2 • Score: 4, Insightful Thread

You know it’s going to happen - someone in charge of replacing/stripping all the names and replacing them with numbers, or whatever, is going to fail at some level. A bunch of PII will go into Gemini, and they won’t be able to sue Spirit, because they won’t exist, and Google will definitely make sure their contract excuses them from any liability.

Even if it would be truly anonymized, once combined with th other vast amounts od data Google has means it is possible to tie the anonymized data to specific, or a plausible group of people.A bad anonymizing process would be a far more likely culprit, but by analyzing patterns, something AI and computers are good at, could yield interesting results.

Okay, but

By fropenn • Score: 5, Funny Thread
Knowing Spirit airlines, the data will be delivered six hours late, to the wrong destination, missing its codebook (which somehow got rerouted to Dallas), and the data will be hot, tired, thirsty, and extremely pissed off.

I pity the fool who does business with Spirit.

Apple Lowers App Store Fees In Europe to Settle Dispute With EU

Posted by BeauHD View on SlashDot Skip
Apple is overhauling its EU App Store fees to settle its Digital Markets Act dispute, simplifying the fee structure and "[resolving] Apple’s disagreements with the Commission over business terms and alternative distribution.” Developers can sign the new terms starting today, and the changes go into effect on October 1. MacRumors reports:
The initial acquisition fee and store services fee are being removed for apps distributed outside of the App Store, and Apple will now charge a 5% Core Technology Commission on digital purchases that replaces the prior per-install Core Technology Fee. Commission rates are changing for App Store apps, alternative payments, and apps distributed through alternative app marketplaces or the web.

Developers can offer in-app purchase options alongside alternative payment options in the EU, which is something Apple did not allow before. Apple says there will be presentation requirements so users have a consistent, transparent experience. Developers distributing apps in the EU must select their payment options and maintain those options for 12 months before making changes to “provide consistency and clarity for users.” Apple will still use a Notarization process for apps downloadable through the web and through alternative app marketplaces.

Apps in the Kids category or being used by children under 13 will not include links to websites to complete transactions. All apps that use alternative payment processing or link to a website for transactions have to include a parental gate if the user is under 18. Apple is relaxing the rules for operating an alternative app marketplace.

Microsoft MVP Creates Site to Remind You of All the Brands Redmond Replaced

Posted by BeauHD View on SlashDot Skip
Microsoft MVP Loryan Strant has created the Microsoft Rebrand Registry, cataloging 72 Microsoft products and the 158 names they’ve had over the years. His analysis finds that Microsoft product names survive an average of two years and eleven months. The site even predicts which products are most likely to get renamed next, “by considering the amount of time the current name has applied, prior names, and the frequency with which Microsoft changes names of products in the same family,” reports The Register. “That methodology led him to suggest an ‘elevated’ likelihood of name changes for the Azure App Service, Azure SQL Database, Azure DevOps, and Microsoft Dynamics 365 Field Service.” From the report:
Readers may remember that Strant has also created the site Let Me Correct That For You, which lists the exact names of Microsoft products — an effort he told The Register he thinks is useful because Microsoft in its wisdom uses Camel Case for names like PowerPoint but went with conventional capitalization for Copilot.

Another of his sites immortalizes Microsoft cloud product logos. He’s also created HumbledandHonored.com, a site that generates social media posts MVPs can use to announce they have earned or retained Microsoft’s awards.

Strant told The Register that the Rebrand Registry came about after some banter between himself and other MVPs, during which the topic of Microsoft’s many product name changes came up. He decided to do something about it.

Bob, Rover, Merlin, Clippy, Cortana, Copilot

By xack • Score: 4, Insightful Thread
Same annoying feature that interrupts you, many different names. The algorithm changes, but the anger of its presence remains the same.

Absolutely

By TwistedGreen • Score: 4, Insightful Thread

This is a sign that there are way too many middle-management types whose only contribution can be pointless cosmetic changes.

“Can we get it in cornflower blue?”

Nothing wrong with rebranding.

By Locke2005 • Score: 3 Thread
To Microsoft’s credit, they have done an excellent job of buying good hardware manufacturers. The entire Surface group at Microsoft is built on improving the products of hardware companies Microsoft bought. Ok, XBox was developed in-house, so they didn’t buy all their good hardware from others.

“Microsoft Power Cloud”

By Tablizer • Score: 3 Thread

that’s where all the products & names are gradually converging, like a giant stench-filled black hole.

India Paves the Way For Charging Merchants a Fee On UPI Transactions

Posted by BeauHD View on SlashDot Skip
An anonymous reader quotes a report from the BBC:
For most Indians, paying by Unified Payments Interface (UPI) has become almost absurdly routine. Scan a QR code, tap a few buttons and the money moves instantly. There is no card machine, no cash, and — most importantly — for the user, no visible fee. That may be about to change. India has paved the way for banks and payment companies to charge merchants a fee on UPI transactions, potentially ending a decade-long experiment in free digital payments.

The government has yet to decide the rate or exactly where it will apply, but proposals under discussion include a merchant discount rate (MDR) of 0.3-0.5% — a small fee paid by a business to the banks and payment companies that process its UPI payments — on larger transactions at big businesses. The government says consumers and person-to-person UPI payments will remain free. If merchant fees are introduced, they will apply only to some transactions above a set threshold, at a nominal rate, meaning most UPI payments will remain free. The question is whether putting a price on UPI could weaken the network that made it such a success.

The stakes are enormous. Launched in 2016, UPI has grown into one of the world’s biggest real-time payment networks. According to official data, in July alone, there were 23.6 billion UPI transactions worth 29.87 trillion rupees ($313.5 billion). Fintech apps such as PhonePe and Google Pay account for most UPI payments. In the financial year just ended, the figure was about 241.6 billion transactions — almost 12,000 times the volume in UPI’s first full year. More than 550 million people now use it, and the system is now available in some form for payments in 11 countries outside India.
India’s UPI became ubiquitous partly because it made digital payments almost frictionless for merchants, including small vendors who can accept payments with little more than a QR code. New research suggests that merchant acceptance was “not just a result of UPI growth, but one of its key drivers.”
As RBI governor Sanjay Malhotra put it, “Someone will have to pay the cost.” The challenge will be making UPI sustainable without weakening the merchant network that helped it take off.

Re:Typical.

By dj.delorie • Score: 4, Insightful Thread

I think the problem is that the first step is actually “Make an expensive system that’s free to use, that we don’t know how to sustainably pay for.”

Re:Typical.

By TWX • Score: 5, Insightful Thread

It’s fairly simple. If it’s that important as service, use government tax revenue to fund its function. If a hot economy is what they want and this helps the money flow, let the rich who can afford the taxes and benefit the most off of that hot economy pay for the privilege.

US pressure is drivin this more than anything else

By avatar8008 • Score: 5, Interesting Thread
Follow the money… UPI has blown VISA and MasterCard into almost oblivion in India. The reason this is happening now is that India is trying to negotiate a trade deal with the US and making UPI less attractive to the public is the only way for VISA and MasterCard to get a look in, so the US trade negotiators are pushing for this.

Re:Typical.

By junglee_iitk • Score: 4, Interesting Thread

It is very clear how to sustainably pay for - India isn’t going bankrupt wiping fees off UPI.

The problem is that free UPI is infinitely better than Visa and Mastercard and Trump doesn’t like it, so he creates problems for the biggest industrialists that fund the current Indian government i.e. Adani, so Modi has to find a way to make Adani happy again.

Something that doesn’t find any mention in the reliable western media.

Re:Really late in the process of rollout

By PIC16F628 • Score: 4, Interesting Thread

If we compare the cost of paper money - the printing, distribution, lockers, security .... Who bears that cost? Why can’t the same approach be applied to digital circulation? As others have pointed out, this feels like appeasing the US in trade negotiations rather than burden of running the infra.

Sainsbury’s Store Pauses Facial Recognition After False Shoplifting Claim

Posted by BeauHD View on SlashDot Skip
Bruce66423 shares a report from The Guardian:
Sainsbury’s has paused the use of AI face scanning in one of its stores after a customer was wrongly identified as a shoplifter and ejected from the shop. “I was embarrassed, mortified even, and felt quite humiliated and powerless,” Matt Arnold, 46, said of his ordeal. The comedy promoter was buying supplies in the store in East Dulwich, in south-east London, for a standup event at Dulwich Hamlet football club when, after scanning his items and a Nectar card, he was approached by two managers who told him he could not be served owing to an earlier incident. He was then asked to leave and they tried to escort him from the store.

As he left, he saw an overhead CCTV monitor alert with a red circle surrounding his face. He asked the shop staff to keep his shopping in the trolley so his friend could come and pick up the supplies for the comedy night happening soon next door. “I think they were quite confused by this, understandably, but agreed and my colleague Dave went in to pay for and pick up the shop about five minutes later. There was no pause for thought from the staff, no suggestion that they understood this is not how a shoplifter would behave. Just blindly following the machine’s orders.” Sainsbury’s head office apologised to Arnold the next day and has paused use of its AI-assisted Facewatch technology in the store while an investigation takes place.
Arnold says the facial recognition tech should be paused in all stores. “Anyone could be falsely accused and at some point that will be someone vulnerable, someone with mental health issues like anxiety. It’s inevitable,” said Arnold. “Also, I would worry about the confidence-destroying effect of it happening to a younger person or someone less willing or able to stand up for themselves as I have done.”
A Sainsbury’s spokesperson said: “We have contacted Mr Arnold to apologise for his experience at our Dulwich superstore. The incident was caused by human error, not the facial recognition technology. Customers can be reassured that the Facewatch system has a 99.98% accuracy rate, and every match is reviewed by a trained manager.” A Facewatch spokesperson said their technology was not at fault in this case. “A correct alert was sent to the retailer, but was subsequently subject to human error in the way it was handled in store,” they said.

99.98%

By Rei • Score: 5, Interesting Thread

the Facewatch system has a 99.98% accuracy rate,

So one in every five thousand people who walk into your stores is going to be falsely accused of a crime? Wow, thanks for making abundantly clear that people should NOT shop there…

This is a major part of what is killing “AI”

By Cpt_Kirks • Score: 5, Insightful Thread

The dumb sonofabitch WOULD NOT back down.

His system had obviously accused the wrong man, but the machine “doesn’t make mistakes”.

The current state of “AI” is primitive and terrible.

They lie, they cheat, they take the easy way out, even if it’s wrong.

People are going to be killed by shitty, fake “AI”.

Re:99.98%

By rsilvergun • Score: 4, Informative Thread
It’s also an outright lie. Ignoring the fact that facial recognition has a hard time with black and brown faces the figure cited is based on laboratory tests in perfect conditions.

Once again I am so tired of being lied to and in such an obvious fashion.

Re:Be an American

By Zurk • Score: 4, Insightful Thread

Why is it that every Republitard answer to a problem is grift, corruption and ignoring the rule of law ?

Re: Do this to me, and I’ll sue.

By cmdr_klarg • Score: 4 Thread

And you must be a RWNJ to think that the standard response of a “lefty” would be violent crime. Project much?

Solar Power and Batteries Have Been Keeping Europe’s Grid Stable

Posted by BeauHD View on SlashDot Skip
AleRunner writes:
“Solar has been doing the ‘heavy lifting’ to help Europe meet its energy needs amid a string of blistering heatwaves,” Euronews tells us. Meanwhile, as Europe’s energy demands rise with the heat, jellyfish have been causing shutdowns and reduced power output at multiple reactors at French nuclear plants, as we already discussed.
Euronews reports:
A new analysis from energy think-tank Ember found that solar output in European countries rose by up to 17 percent on heatwave days in June and July. Researchers say that this helped power the grid as electricity demand increased by as much as a quarter on hot days. Heatwaves often trigger a spike in electricity consumption due to the sudden need for cooling, mainly from energy-intensive air conditioning (A/C) units.

The International Energy Agency (IEA) estimates that space cooling, which is mostly A/C units and fans, consumed around seven percent of the world’s electricity in 2022. Even in countries where A/C ownership is low, countries experience energy demand spikes when scorching temperatures hit. During the early summer heatwaves of 2025, France, for example, recorded an evening electricity peak that was 25 percent above the off-season average due to air conditioning.

Ember’s analysis found that during the late-June heatwave this summer, daily electricity demand rose byup to 28 percent in Italy, 23 percent in Hungary, 14 percent in France and 13 percent in Spain compared with pre-heatwave days. It says as heatwave-driven demand increased, solar was the only major power source to perform “better than usual.” Compared with other days in June and July, average daily solar generation during the heatwaves was 17 percent higher in France and Hungary, five percent higher in Spain and the same in Italy.

Re:pay for the environment

By Arnonyrnous Covvard • Score: 5, Insightful Thread

Nope. Solar panels and batteries are so ridiculously cheap now that people complain they can’t install them in their rented flats and all the spoils go to the people who have their own roofs to put them on. We’re talking about two to three years until you’ve made back the cost of your own solar and it’s a decade or more of basically free electricity after that. With electric cars making inroads in Europe, there’s also no reason to stop: Just keep adding panels and batteries to save more money. The economics are such that if you can, you do, and if you can’t, you complain about those who do.

Things are actually going to get even better

By Casandro • Score: 5, Interesting Thread

What we are seeing now is that more and more households with solar are also installing batteries. About 80% of all grid battery storage is now in private households (at least in Germany)… and that’s just the part we have data from, many households are probably just to lazy to register their batteries.

Those households then will store their self-harvested energy in the batteries, using it, particulary, when dynamic electricity prices are high, thus lowering the demand at times when supply is low.

Commercial battery storage is mostly held back by the government with their pro-fossil agenda, but we’ll likely see more storage at power plants and consumers like office buildings, also stabilizing the grid. In fact there are calls to demand a bit of storage on every big plant, so that they can momentarily (for seconds) feed in more power. This is supposed to emulate the “rotating masses” phenomenon of classical power plants.

Probably the main problem today are right-wing governments (at least in Germany) who, increasingly, want this all to fail, sabotaging it where ever they can.

Re: pay for the environment

By Charlotte • Score: 4, Interesting Thread

They’re getting there, it’s a matter of getting the scale factors right. They already have for solar, EV is fairly new in comparison.

Over here more and more people are getting home batteries, if you already have solar you’d be a fool not to. Plus you help stabilize the grid, so it’s also a matter of civic responsibility. One of the ways they encourage this is by charging for peak power usage: with a battery in place your peak goes down, and your EV car is basically a huge battery 10 times the size of your home battery anyway.

One problem is that EU car manufacturers are still ICE oriented, and so they’re lobbying to slow down EV rollout here. Which is why people are starting to buy Chinese cars, they’re better quality and they’re cheaper.

Another issue is that many Europeans either live in apartment buildings or don’t have parking in front of their houses so they can’t charge off their home grid. Or if they can, they’re limited to something like 6.5 kWh which is a real pain if you have a 100 kW car battery (i.e. 15 hours to charge the car). Changing all that infrastructure to this new reality is a long, expensive journey: communal charging points next the apartment block or in the underground parking, city wide charging point rollouts, updating the local power grid to accommodate speed chargers, etc. Our government recently invested billions in the nuts company that maintains/updates the grids.

Re:pay for the environment

By Charlotte • Score: 5, Interesting Thread

No they’re not. The solar panels and inverters are lasting longer than expected. Mine are still chugging along happily after 12 years, in fact I’ve only heard sporadic stories of failing inverters. Most of my friends just installed the panels and forgot about them. When I get a battery installed I’ll need a new inverter, and I was surprised to learn they’re only half the price by now, so the economics are getting even better.

We’re also being charged for actual peak usage so not having solar+battery increases utility bills, the fact that you can’t earn much by pushing back power onto the grid (what is it again, 6 cents/kWh?, I forget) is not that problematic once you learn to use your solar correctly: use power when your panels are producing or when your battery is charged.

Some people here are disconnecting from the grid entirely. They install lots of solar and a battery, and go and charge the car at work and connect it to the home grid when needed.

Investing in solar has been just about the best investment I ever made from an economic point of view. My overall usage is about 0, so I just pay for using the grid. The fact that you’re also helping society is a nice bonus though.

Re:Woke BS for the masses

By ArchieBunker • Score: 4 Thread

In many countries, coal plants have been running at full capacity this year to keep up with the energy demand while solar panel owners are treated like unwanted scum.

Name some.

In countries like Holland, they charge you for delivering energy back to the net during sunny hours as a new business model.
And fake TikTok politicians like Rob Jetten, who is pushing for this green energy transition, isn’t even bothered by this.
News like this isn’t underpinned by any evidence, just only wishful thinking from some EU bureaucrats.

I’m not going to take anyone seriously who claims to know EU politics and throws around the word “woke”.

‘Buy Now, Pay Later’ Lenders Pitch Loans For Needs Like Electricity and Rent

Posted by BeauHD View on SlashDot Skip
An anonymous reader quotes a report from The New York Times:
Buy now, pay later” loans took off during the pandemic as a way for online shoppers to go on retail splurges without using a credit card. Now, lenders are offering the loans as a means for people to finance basic households needs. The lending apps Flex and Zip allow customers to take out loans to pay for their broadband, electricity, health insurance, mobile phone service, mortgage and water bills. Affirm, one of the most popular pay-later apps, has started providing some tenants loans to extend their monthly rent payment for a few weeks. Many dentists, veterinarians and medical clinics now often offer instant pay-later financing, and Intuit this year started promoting “File Now, Pay Later” loans to TurboTax users who owe money in their tax return.

Pay-later loans are becoming the “working capital for the modern middle class,” said Karen Webster, the chief executive of Pymnts, a news and market research company for the payments industry. “Consumers are using it more for essential, everyday things.” Americans spent $160 billion last year through pay-later loans, according to research released recently by Federal Reserve economists — nearly twice what consumers spent two years earlier, in 2023. That’s still a fraction of the more than $3 trillion U.S. shoppers spend annually on consumer credit cards. But the industry continues to expand by double-digit rates each year.

How much of that growth reflects consumer preferences, versus desperation, is a question economists and industry analysts are trying to unravel. The rise in pay-later financing comes as many households are leaning more on debt to keep up with their daily expenses. Paying interest — to afford basic needs — adds to the overall cost of living, which has already been rising amid higher medical, housing and fuel costs. For many borrowers, the loans have become their only option: Half of those using them said they could not make ends meet otherwise, according to the latest edition of a survey that LendingTree, a loan marketplace, has compiled for years.

Re:Welcome to The Future!

By fahrbot-bot • Score: 5, Interesting Thread

I’ll be the first to say it: You will own nothing and you will be happy.

It’s all the “winning” - driving this K-shaped economy. Brought to you by … well, you know who.

Even for food

By anoncoward69 • Score: 5, Insightful Thread
Apps like door dash offer BNPL options and i believe some restaurant apps directly offer it as well. When you need to make installment payments on your Big Max Meal maybe its’ time to step back and evaluate your finances and choices.

Re:vote Democratic Socialist in the primaries

By drinkypoo • Score: 5, Insightful Thread

Since WWII there have been an informal agreement: USA becomes world policeman to keep an order and prevent large conflicts and everyone in civilized world pays the bill. And they do at the expense of their economy, like Japan.

Yeah, that was stupid. You see how that was stupid, right?

If USA stops being the policeman of the world, we will soon have WWIII

This is just stupid. We’ve never been closer to nuclear war than we are now, and it’s Team America World Police that brought us to this pass. Having America be the only threat containing Russia just meant that Russia was free to have a spasm once they got influence over our government.

Re: Welcome to The Future!

By ArchieBunker • Score: 5, Informative Thread

Food and utility prices are outpacing wages and it’s due to pure greed. I mean look at the chart in regards to groceries. https://fred.stlouisfed.org/se…

Next step

By clovis • Score: 5, Insightful Thread

The next step is for the lenders to bundle the small loans into securities to sell to investors. They’ll say the securities will be safe because they’ll be protected with credit default swaps, CDS, that will be sold on the open market. They will get AAA ratings.
Next, you’ll be able to trade naked CDS and securitized bundles of CDS guaranteed by investment houses and major insurance companies. This market will be holding trillions of dollars of putative value.

Then a bomb will go off in the lobby of one of the investment houses, perhaps figuratively, and that company will collapse. The CDS will all be called and the trillions will evaporate, and by that I mean anyone who is not a too-big-to-fail entity will lose their shirts. Also, they’ll lose their houses.
The treasury will prop up the too-big-fail-entities and, oh, btw, the investments of the political leadership, and by that I do not necessarily mean the elected leadership.

Supreme Court Rejects Verizon Bid For $47 Million Refund of FCC Fine

Posted by BeauHD View on SlashDot Skip
An anonymous reader quotes a report from Ars Technica:
The Supreme Court today rejected Verizon’s attempt to get a $47 million refund from the Federal Communications Commission. In a list of orders (PDF) issued by the court, Verizon’s petition was denied without explanation. The denial apparently ends any possibility of Verizon asking a lower court to review the fine and order the FCC to issue a refund. However, AT&T and T-Mobile are continuing to challenge similar fines on grounds that selling device-location data did not violate US telecom law.

AT&T, T-Mobile, and Verizon were fined a total of $196 million in 2024 for selling mobile users’ real-time location data without their customers’ consent. The carriers sold device-location information to data aggregators, who resold it to other firms. The carriers paid the fines and sought to have them overturned in courts, claiming their Seventh Amendment right to a jury trial was violated. Challenges by AT&T and Verizon were combined into a single case, and the Supreme Court ruled against the carriers in June of this year.

The court ruled that the FCC penalty process does not violate the Seventh Amendment because the carriers could have obtained jury trials if they refused to pay the fines and waited for the government to try to collect. The ruling (PDF) against the carriers was 8-1, with Justice Clarence Thomas dissenting.

Too bad…

By jenningsthecat • Score: 5, Insightful Thread

Too bad, that is, that the fine wasn’t two or three orders of magnitude higher.

At the very least, such fines need to represent a serious hit to the bottom line, and an end to the careers of the people responsible for the unlawful activity. More realistically, the fines should come uncomfortably close to being existential threats.

The broligarchs need to understand that while they may run their companies, they don’t run the whole damned society. They need to be treated as the grifting mob bosses that they truly are.

Good

By SlashbotAgent • Score: 4, Insightful Thread

Good, they deserve pain.

Unfortunately, we’ll probably be the ones footing the bill in terms of higher charges.

Re:Good

By Tony Isaac • Score: 5, Insightful Thread

The pain of $47 million is about as severe to Verizon as a pin prick. Kind of the cost of doing business.

Re:As if it weren’t more obvious

By SomePoorSchmuck • Score: 4 Thread

After you read the entire ruling - including the full text of his dissent - which parts of his reasoning do you believe to be insincere, or which prior precedents do you believe he applied inaccurately?

Apple Wallet Driver’s License Feature to Launch in Four More US States

Posted by BeauHD View on SlashDot Skip
Apple Wallet’s driver’s license and state ID feature is set to expand to North Carolina, Oklahoma, Utah, and Virginia, bringing the total to 18 states plus Puerto Rico. The digital IDs can be used at participating TSA checkpoints and businesses without handing over or unlocking an iPhone, though users are still generally advised to carry a physical ID because acceptance remains limited. MacRumors reports:
A few days ago, North Carolina’s DMV announced that it plans to launch a mobile ID program later this year. As reported by WRAL, North Carolina residents will be able to set up a digital ID through a new NC Wallet app starting in December, with Apple Wallet, Google Wallet, and Samsung Wallet support to follow in “early 2027.” As mentioned, you do not need to unlock, show, or hand over your device to present an Apple Wallet ID in person, ensuring user privacy.

Apple Wallet IDs are generally not accepted by law enforcement, so carrying a physical ID is still legally required for traffic stops. In addition, the number of businesses that accept Apple Wallet IDs is still quite small. At least for now, Apple Wallet IDs are designed to be a convenient alternative where they are accepted. “Your mobile ID is a valid form of identification in North Carolina,” the DMV said, in a FAQ on its website. “However, as retailers, restaurants and other businesses transition to mobile IDs, some may not be set up to accept them right away. For now, carrying your physical card gives you a backup when needed.” According to code seen by MacRumors, Apple Wallet IDs are also coming to Oklahoma, Utah, and Virginia, but there is no timeframe for availability.

Use it or lose it!

By jenningsthecat • Score: 4 Thread

The more we use these “convenient” tech methods to pay for things and to identify ourselves, the sooner the traditional paper / plastic methods will become obsolete and no longer accepted. Then the tech broligarchs will fully control our IDs, our money, and - perhaps biggest of all - our privacy.

The ubiquitous surveillance that our always-on phones make possible will also make planning a revolution effectively impossible. Every time we give in to these conveniences, we come one step closer to a dystopian society such as that shown in “Elysium” and many other films. The tech bros already have far too much control over us - it’s time to put a stop to it. Just say no to being monitored, nannied, and amused - AKA abused - to death.

Re:I would **never** do this.

By 93 Escort Wagon • Score: 4, Informative Thread

Sure you will. Eventually it will be mandatory. Because then you have to hand the police you’re unlocked phone and that’s the end of that.

That’s not actually how it works - you don’t have to unlock your phone, and you don’t hand the device over to the cop.

WTF?

By SlashbotAgent • Score: 4, Interesting Thread

Apple Wallet IDs are generally not accepted by law enforcement, so carrying a physical ID is still legally required for traffic stops.

Well then what is the fucking point of all this? And, why are these states spending money on these apps that aren’t valid for the IDs primary purpose?

It is a driver’s license. If I can’t use the Apple wallet version of my driver’s license, then it is not fit for purpose. Although, it will come in very very handy for the privacy invading age verification and KYC online bullshit.

Uhhhhh…

By guygo • Score: 3 Thread

So now they want my ability to prove my identity to rely on the charge state of a battery? NOT!

Re:Sure, but…

By test321 • Score: 4, Insightful Thread

Same as with your older bro’s paper card. If you look similar on the picture, you might try. However, while I can imagine your older friend lending you a paper card he does not really need for an evening, I am not sure same friend will lend you a mobile phone he is going to miss even if only for the time you visit the club, plus letting you the possibility to play pranks like posting stupid things online or to his contacts in a dating service.

Judge Sets Framework For Nine PBS to Retrieve 70 Years of Archival TV Data

Posted by BeauHD View on SlashDot Skip
District Court Judge Eric Elliff has ordered Iron Mountain to cooperate with Nine PBS in recovering roughly 50TB of archival material stored through now-defunct vendor OSS. “He found that the station is the rightful owner of the materials and entitled to recover them from OSS’ storage systems,” reports Current.org. Nine PBS must identify a third party to help retrieve the files, pay outstanding storage fees, and ensure that data belonging to other OSS customers isn’t disturbed or accidentally recovered. From the report:
Under his order, Nine PBS is to identify a third-party vendor, such as a former OSS employee, who can assist in accessing and retrieving the data from the infrastructure that’s housed in Iron Mountain’s center within 30 days. Elliff acknowledged the complexities of Iron Mountain’s position as a vendor to OSS, which, according to Nine PBS’ complaint, is in delinquency. Iron Mountain is the “custodian” of Nine PBS’ data, but it isn’t the vendor that contracted with the station to store and preserve its data. That obligation remains with OSS. Under the order, Nine PBS will pay Iron Mountain current and past-due fees for data storage, starting from when OSS stopped paying Iron Mountain for use of its data storage facility.

During the hearing, Gregory Rich, an attorney representing Nine PBS, said the station seeks access to a physical cage where the data is housed within Iron Mountain’s facility. The station is in contact with a former OSS employee who is willing to help obtain the data. The attorney noted that the data could potentially be stored in physical form, such as tapes that could be easily retrieved. But if the materials are on a server, Nine PBS could lose the materials forever if Iron Mountain shuts it down. William Cravens, the attorney representing Iron Mountain, told the judge his client doesn’t know the format of Nine PBS’ materials that were stored by OSS. He expressed concern about whether Nine PBS’ archival material is lumped together with data from other OSS clients. Iron Mountain wants to avoid potentially corrupting the other data, Cravens added.

Elliff ordered the immediate return of any physical devices that hold Nine PBS’ data once access to OSS’ storage system is granted. If data retrieval turns out to be more complicated — if it is encrypted, for example — he will schedule another hearing to determine how to proceed. Once Nine PBS retrieves its data, the station must work with a third party to ensure that no data from other OSS customers is among those materials.

Re:will the former OSS employee be protected from

By pla • Score: 5, Insightful Thread
I’m sure they’re much happier with this outcome than most of the likely alternatives, but it’s unconscionable a non-profit entity is going to pay $$$$ just to get back their own data from a company in breach of contact - A contract explicitly to safely store Nine PBS’ data.

OSS’ founder and former CEO Eren Niazi should be personally liable for every single dollar and legal issue that arises from the mess he allowed to happen. We’re not talking about IBM, this was a company with a whopping 51 employees at its peak. That’s “first name basis” between everyone there.

And before the concern trolls join this party, I’m aware that’s not how incorporation works in the US. And that in itself is unacceptable.

They should also recruit slashdot readers

By 2phar • Score: 5, Funny Thread
to assist with identifying all those dupes they might find in the data.

Re:will the former OSS employee be protected from

By taustin • Score: 5, Insightful Thread

The judge has already ruled that the data does not belong to OSS, it belongs to Nine PBS. The tech has no business or legal relationship in this to OSS or anyone involved with it, they are working for Nine PBS. So long as they act in good faith, I believe that will cover it.

Re:will the former OSS employee be protected from

By taustin • Score: 5, Interesting Thread

I’m sure they’re much happier with this outcome than most of the likely alternatives, but it’s unconscionable a non-profit entity is going to pay $$$$ just to get back their own data from a company in breach of contact - A contract explicitly to safely store Nine PBS’ data.

If I’m reading this right, OSS doesn’t exist any more. So Nine PBS isn’t paying them anything, they’re paying for data recovery services. Unfortunately that they need to, but that’s what happens when companies go bankrup.

OSS’ founder and former CEO Eren Niazi should be personally liable for every single dollar and legal issue that arises from the mess he allowed to happen. We’re not talking about IBM, this was a company with a whopping 51 employees at its peak. That’s “first name basis” between everyone there.

And before the concern trolls join this party, I’m aware that’s not how incorporation works in the US. And that in itself is unacceptable.

Sucks to be you, son. The modern world could not possibly exist without corporations as they exist now. Don’t like the corporate shield? Walk everywhere, because automobile companies and the petrochemical companies cannot exist without it. Grow your own food, because the entire agricultural industry and the trucking industry that brings good to your local supermarket cannot exist without it. Grow your own cotton and weave your own clothes, or go naked, because that’s another industry that can’t exist without it.

Our current civilization cannot exist without it.

And you know it, you just like to masturbate over hurting people who are more successful than you are.

Derived judicial immunity

By realxmp • Score: 5, Informative Thread

granting of immunity by the judge, if that’s even possible.

It’s derived judicial immunity, the fact they’re relying on a lawful order in good-faith protects them. As long as they stick to the terms of the order and don’t overstep the bounds of the order then they are protected under the judge’s own immunity as his or her agents.

Meta Faces $1.4 Trillion Reckoning In Latest Trial Over Social Media Addiction

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Meta is heading to trial in a case brought by dozens of states accusing it of deliberately designing addictive features, misleading users about safety, and illegally collecting data from children under 13. Meta says the states are seeking penalties as high as $1.4 trillion, though the judge has already called that figure “unreasonable.” The case could, however, influence thousands of similar lawsuits against the company. Engadget reports:
The trial kicks off Tuesday in federal court in Oakland, California, after Meta lost a last-ditch attempt to get the case dismissed last week. It could see testimony from top officials at Meta, including Mark Zuckerberg, and could result in record-breaking penalties for the company. The case stems from a 2023 lawsuit brought against Meta from dozens of states, which accused Meta of intentionally creating addictive features and violating consumer protection laws. The action came after a multi-state investigation into the company’s safety practices that officials said revealed serious harms to children and teens.

During the trial, federal Judge Yvonne Gonzalez Rogers will hear claims from California, Colorado, Kentucky and New Jersey that Meta violated state consumer protection laws by intentionally misleading the public about the safety of its apps. Those four states and 25 others are also suing Meta over alleged violations of the Children’s Online Privacy Protection Act (COPPA). The states allege Meta broke the law because it knew Instagram and Facebook had users under the age of 13 and collected data about them without permission. […] For Meta, the stakes are especially high because the company is currently facing thousands of other lawsuits that accuse it of harming users. Juries in Los Angeles and New Mexico have already ruled against Meta in high-profile trials that deal with similar issues. (Meta has said it will appeal in both cases.) Another loss could not only be a financial blow, it could give other lawsuits an easier path forward. And while Meta isn’t exactly hurting for money, its legal costs are adding up. The company said it spent $2.4 billion on legal costs in the second quarter of 2026 alone.

The jury in the case has already been selected and opening arguments are set to begin Tuesday, August 18. The trial is expected to last about six weeks. Unlike in a standard jury trial, the eight-member jury will serve in an “advisory” role, as Law360 explains. The judge will have full power over the final verdict and penalties. Along the way, the trial could also see testimony from some of Meta’s most visible executives, including CEO Mark Zuckerberg and Instagram chief Adam Mosseri. Both men are likely to testify, according to Reuters. […] Audio from the trial will be live streamed on the court’s YouTube channel.
A spokesperson for Meta issued the following statement: “The State AGs may call this a landmark case, but their limited claims are unsubstantiated and their financial demands are vastly disproportionate. The AGs offer no proof anyone in their states was misled, claim benign features like having an additional Instagram account somehow harmed their residents, and attempt to penalize Meta for industry-wide challenges like age verification,” the spokesperson continued. “Rather than sticking to the facts or the law, the states have instead decided to chase an outlandish payout. We stand by our record of creating strong protections for teens, and look forward to making our case in court.”

Re:Best outcome: End of Meta

By dskoll • Score: 5, Insightful Thread

Nothing. That’s the whole point. It’s a void that does not need filling.

We managed to survive without social media before. We’ll manage it again.

Re:Best outcome: End of Meta

By fropenn • Score: 5, Insightful Thread

Then what comes along to fill the void, after every potential upstart is now spooked that they can be sued out existence because parents can’t manage to keep their spawn off of social media?

This has nothing to do with parents. Meta broke the law by violating privacy laws designed to protect children. It also knowingly created a harmful product for children, did nothing to prevent children from using that harmful product, and ignored the depression, anxiety, and suicides in children their product caused.

Yes, if Meta pays a high price, then future social media companies - and all other companies - have a big incentive to FOLLOW THE LAW.

Re:Best outcome: End of Meta

By MikeDataLink • Score: 5, Insightful Thread

The point is that we get back the same void that existed before.

I don’t think its possible to ever put the social media genie back in its bottle. But I am open to trying.

Lol unreasonable

By drinkypoo • Score: 5, Insightful Thread

“Meta says the states are seeking penalties as high as $1.4 trillion, though the judge has already called that figure “unreasonable.”

Allowing Meta to continue to exist is unreasonable.

Re: Best outcome: End of Meta

By The Grim Reefer • Score: 5, Interesting Thread

Fear used to be a powerful tool - used to be that a President doing something illegal would get them impeached, and they’d rather resign instead. How times have changed.

You must live in a different US than I do.Only three presidents have ever been impeached and not a single one of them resigned and all were acquitted by the senate.

FDR would take up a book of illegal actions. From the Japanese internment, warrentless surveillance, Lend-Lease without congressional approval, etc. No resignation

Eisenhower was probably the last great president we had. However he did overthrow the government of Iran and put the Shah back in power at the behest of England. Operation Wetback violated a lot of folks 4th amendment rights and the CIA went wild while he as in office. No resignation

Truman seized control of the US steel mills via EO during the Korean war. He also didn’t go to congress for approval to go into Korea. No resignation

Kennedy used the CIA to monitor journalists in project mockingbird. Then there was the warrantless FBI wiretap he ordered on on MLK. No resignation.

Besides being one of the biggest piece of shit people to be president in modern times, LBJ used the FBI and CIA to surveil and wiretap his political opponents and war protestors.No resignation.

Nixon did actually resign, though what he did would end up in the back of the D section of most newspapers today. While impeachment proceedings had started, he was never actually impeached. He was the only president to ever resign

Carter was incompetent as a president, however I don’t know of anything illegal during his administration. I always admired him as a person though.

Reagan had the whole Iran-Contra thing. No resignation.

George H. W. Bush was likely involved in Iran-Contra. I wasn’t a fan of his at the time he was president, but in retrospect he was a better president than I felt at the time he was in office. No resignation.

Clinton was actually impeached and, unlike Nixon, didn’t resign. While I know of no one who ever met him that didn’t say he was an affable person, he committed perjury. The Clinton’s walked out of the White House with almost $200k in “gifts” when they left. It violated the law, but no charges were ever filed. They returned $30k of them and paid $86k for the remainder. No resignation.

I don’t think I need to say much about things that transpired after 9-11 with regards to GWB. No resignation.

Obama’s extrajudicial killing of Anwar al-Awlaki and Samir Khan as well as al-Awlaki’s son in a separate drone strike was pretty bad. Going into Libya without congressional approval with the intent to overthrow Gaddafi was a violation of the war powers act. The DOJ surveilling AP journalists violated the 1st amendment. There were no arrests from sending thousands of illegal weapons into Mexico but at least one american killed by those guns. No resignation.

Trump was impeached for withholding $400 million in aid to Ukraine and Jan. 6. No resignation. The SCOTUS and other federal courts slapped down several things he tried to do. No resignation.

As a senator Biden illegally removed classified documents and retained them. As VP he threatened to withhold $1 billion in aid to Ukraine unless the prosecutor investigating his son was fired. Multiple women accused him of assault over his career. His family business dealings are actually as, if not more blatant than Trump. His immigration polices would have gotten any president booted anytime prior to the last 20 years. We’d probably need half a dozen super computers to tally all of the rights violations that occurred in the name of covid during Biden’s time as president. No resignation.

Trump 2.0, I’m not going to try to sort through what Trump has done at this point. The Judiciary branch of the government has ended much of it. Probably not enough for some . While folks complain about Trump attacking Iran, I didn’t hear the same regarding Libya in 2011. The same law app

US Grid Operator PJM Proposes Forcing Data Center Off Grid During Emergencies

Posted by BeauHD View on SlashDot Skip
An anonymous reader quotes a report from Reuters:
PJM Interconnection, the biggest U.S. grid operator, proposed on Thursday a new framework that would force data centers to use back-up generators when electricity supply on the grid approaches dangerously low levels. The grid operator’s proposal dovetails with President Donald Trump’s Ratepayer Protection Pledge, a non-binding initiative to protect residential customers from getting saddled with costs related to data center power consumption, PJM said.

A new emergency procedure would notify utilities to reduce or transfer the electricity demand from data centers and other large power users ahead of any action that would shut off traditional consumers such as households. PJM said it does not, however, currently have the authority to curtail power to those sites and would require the cooperation of individual state governments.

PJM manages the electricity for 67 million people in a territory that stretches from Washington, D.C. to Chicago. Its proposal highlights a growing tension between the rapid expansion of data centers and the ability of the nation’s power grid to keep up. If PJM cannot close its supply gap, millions of residents and businesses face an increased risk of blackouts, and the cost of new generation could be passed on to other power consumers.
At its recent capacity auction, PJM hit its $325-per-megawatt-day price cap but still came up about 6.8 GW short of its projected reliability needs.
With rapidly expanding data centers adding pressure to the grid, PJM has also proposed creating a registry to track their locations and power consumption.

Re:Careful…

By AleRunner • Score: 5, Insightful Thread

If the 911 system is failing because it’s power gets cut, then you need to start imprisoning people, starting from the installation engineer, and, if he has an excuse (“I followed the plan”) working up through the design engineer (“my manager told me to cut the backup system”) and engineering manager (“I got it three times in writing and here’s a video that there’s no budget for a backup system”) until the members of the board are sitting in Barlinnie and begging to be sent to Alcatraz.

Or just pollute all the time like Musk does

By smooth wombat • Score: 3, Informative Thread
Musk’s data center near Memphis, KY has been illegally using pollution-producing methane-gas generators since day one even though he said they would be temporary. He does not have a permit for these generators and conveniently, the site is located near a poorer section of Memphis.

Needless to say, the EPA has not done anything about this even with its own decision of illegality.

No need to switch to generators when you can use them from day one and not have to worry about doing anything under the current regime.

Re:Careful…

By Midnight Thunder • Score: 4, Insightful Thread

You turn off a data center during emergencies and find it was the one responsible for the 911 system, its going to be a bad day.

That’s a design and implementation issue. If the data center doesn’t have a backup battery or generator and they committed to “five nines” availability, then they are at fault. If they didn’t commit to “five nines” availability, but 911 treated at such, then that is a problem on the 911 system.

Emergency systems should be able to operate in a “dumb mode” and in the absence of grid power. If that means throwing more humans to support the situation, then so be it. In the end these systems are meant to be serving humans and not the other way around.

Re:Jailing your neighbor

By taustin • Score: 4, Interesting Thread

That is a recipe for throwing a bunch of cable guys in prison.

I guarantee you if that happens once, nobody with a title above manager will ever have heard of it. “Nine one what?”

Things like 911 systems, paid for with public money, do not happen without extensive written records of who did what. Because without that, there’s no equipment to install because there’s no money to buy it. And tampering with that system results in prison sentences. Not as often as it should, but it certainly happens.

Notes

By lazarus • Score: 3 Thread

Just a couple of random notes about the practicality of this.

OpenAI Announces Massive Data Center In Ohio With $105 Billion Nvidia Guarantee

Posted by BeauHD View on SlashDot
OpenAI has signed a 10-year lease for an enormous Ohio data center that will eventually provide 8 gigawatts of computing capacity and require at least 10 gigawatts of new power generation. According to OpenAI, Nvidia will be supplying the chips and guaranteeing up to $105 billion in lease and power obligations. From the report:
The facility — which will be built and owned by SoftBank’s SB Energy — illustrates the immensity of the computing and power needed to fuel the growth of the AI economy. The data center will have 8 IT-gigawatts of computing capacity, powered by 10 gigawatts of new energy generation, on private land and federal property formerly used for uranium enrichment.

Nvidia — which will be the exclusive provider of chips to the site — agreed to guarantee up to $105 billion in conditional lease and power payment obligations to SB Energy, according to an SEC filing (PDF). The so-called “land, power and shell” deal structure could allow for multiple upgrade cycles for new generations of Nvidia infrastructure at the site, Nvidia CEO Jensen Huang said on X.

A massive 9.2 gigawatts of new gas-fired power is ultimately envisioned for the Ohio project, which U.S. officials say Japan is funding under the 2025 trade and investment deal. SB Energy and SoftBank “will build at least 10 GW of new energy generation,” a joint announcement from Nvidia, OpenAI and SB Energy states. Nvidia also said today that it’s investing $1.5 billion in SB Energy to back its “continued evolution into a leading AI infrastructure developer.”

Ouroboros of Shit

By OverlordQ • Score: 3 Thread

We pay you to pay us, we’re now doing Trillions!

The entire state of Ohio currently 30GW

By edi_guy • Score: 3 Thread

Per https://www.eia.gov/electricit… the entire state of Ohio has a summer capacity of 30GW. So this single data center will have a third again as much as the entire state does today. Crazy.

However I would say that given the experience with Intel, Ohioans should be wary of this actually coming to fruition. Also also, their overtly corrupt state representatives will likely find some way to try and extract indulgences from OpenAI/Softbank/NVDIA to possibly derail the scheme.

Lastly lastly, if all of these data centers are running on Nat Gas, one would expect the price of that fossil fuel to rise, which calls into question the economics of such huge, power hungry data centers. The token costs are already pretty high and that is still for being sold by OpenAI/Google/Anthropic below cost to build market share.

I am not brave enough to put my money where my mouth is on this whole scheme (markets…irrational…solvent and all that) but this has to be a bubble. Or more accurately a circle—— between GPU mfg + AI software + financiers that hopefully will unwind contained mostly to those folks.

How is it guaranteed?

By UnknowingFool • Score: 3 Thread
I read all the links and it does not detail how Nvidia is going to guarantee the lease. Are they issuing bonds, stock grants, a chance to dive for change in CEO Jensen Huang’s couch, pinky swear?