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On track to lose $8.5B/yr is good, right?

OpenAI generated around $4.3 billion in revenue in the first half of 2025, about 16% more than it generated all of last year, The Information reported on Monday, citing financial disclosures to shareholders.

OpenAI said it burned $2.5 billion, in large part due to its research and development costs for developing artificial intelligence and for running ChatGPT, the report added. Research and development cost the ChatGPT maker $6.7 billion in the first half, the report said, adding that it had about $17.5 billion in cash and securities at the end of the period. OpenAI looks to meet its full-year revenue target of $13 billion and a cash-burn target of $8.5 billion, the report added.

everyone has this problem

OpenAI has been on a dealmaking spree of late, announcing roughly $1.4 trillion worth of buildout agreements with companies including Nvidia, Broadcom, Oracle and Google — prompting skeptics to warn of an AI bubble and question whether the country has the power and resources needed to turn the ambitious promises into reality.

I remember when Twitter was a place to find interesting content, and less a place to find shocking content. Now nuanced policy arguments have been been replaced with viral slogans. Good content is still out there, but it takes patience to find it and then more patience to relate something you're reading today with something you read last week or last month.

Bookmarks in browsers haven't kept up. They're easy to create, but hard to curate and harder to add insights on top of. Why did I bookmark that again?

The best insights and learning come when our ideas are challenged. So its important to be able to share our ideas and have others react to them in some way. Not for notability or comparing their popularity with others, but for others to challenge and enrich them.

There are other note taking applications for taking notes during your class or meeting. Ramblefeed isn't that. There are other places where people share links (but not many, and they're stagnant). There are other places where people share catchy "slogans" in a popularity context or for marketing.

Why is this going to be better? I'm not sure yet, but I believe it can be for some of us.

Healthcare spending is driven by utilization (the number of services used) and price (the amount charged per service). An increase in either of those factors can result in higher healthcare costs. Despite spending nearly twice as much on healthcare per capita, utilization rates for many services in the United States is lower than other wealthy OECD countries. Prices, therefore, appear to be the main driver of the cost difference between the United States and other wealthy countries.

The U.S. spends twice as much as comparable countries do on health, driven mostly by higher payments to hospitals and physicians.

"Private insurance companies in this country spend between 12 and 18 percent on administration costs," Sanders said on NBC’s Meet the Press on Sept. 17. "The cost of administering the Medicare program, a very popular program that works well for our seniors, is 2 percent. We can save approximately $500 billion a year just in administration costs."

Is the gap between private and public health insurance providers’ administrative costs really that high? Most experts agreed the numbers looked about right. But because of key differences between Medicare and private insurance, the trade-off isn’t as simple as Sanders suggests.

If "the numbers looked about right", then why is it "half truth"?

Experts told us we could safely assume private insurance costs, on the other hand, are much higher, though actual spending estimates vary.

Aah... So it's a "half truth" because Bernie understated how much cheaper medicare is than private insurance companies.

Historically, administrative expenses were much higher in the commercial market because insurers did a lot of underwriting, or using the health status of individuals or groups to determine their premiums. The Affordable Care Act was designed to curb that spending.

On top of that, experts explained that unlike Medicare, private insurers take on more responsibility than simply paying claims or occasionally going after fraud. Before a claim is even filed, they check its appropriateness, assess whether it is medically necessary, and whether it can be done in a cheaper way (outpatient versus inpatient care, for example).

"Medicare has been trying in fits and starts to look a little more closely at how it pays claims but generally speaking, it is passive in processing claims," Sabrina Corlette, a research professor at the Center on Health Insurance Reforms at Georgetown University.

And private companies, deny more claims, which makes it more expensive.

Health expenditures per person in the U.S. were $13,432 in 2023, which was over $3,700 more than any other high-income nation.

But there's something else that we've got to do, Jon. We have to have a vision for the future of this country. And-- and I think that many of my colleagues in the Democratic Party have not had that vision.

SPEAK!

The conversations pulsing across these platforms are shaped not by civic values but by whatever proves to keep people scrolling: Nuanced opinions are compressed into viral slogans; attention collects around the loudest and most controversial voices; algorithms love conflict, inspiration, outrage and anger. Everything is always turned up to 11.

One worry I have about Democrats right now is that they do not want to confront how much of the country disagrees with them. Polls show that the percentage of voters saying the Democratic Party is too liberal increased sharply between 2012 and 2024. The percentage of voters saying the Republican Party is too conservative fell during that same period. Even the violence and corruption of Trump’s second administration have not fully closed the gap: A September poll from The Washington Post and Ipsos found that 54 percent of voters thought the Democratic Party was too liberal and 49 percent thought the Republican Party was too conservative.

But what happened over the past 15 years is that the Democratic Party has made room on its left and closed down on its right. For all the talk of what the Democratic Party should learn from Sanders and Mamdani, there should be at least as much talk of what they should learn from Manchin or Golden or Marie Gluesenkamp Perez or Sarah McBride. The party should be seeking more, not less, internal disagreement.

His primary win was a spectacular repudiation of the pollsters, who with glossy charts and graphs try to induce the public to consent to middle-of-the-road, incrementalist politicians who give up before the negotiations have even started. Meanwhile? The median age of first-time homebuyers has soared from 33 years old during the pandemic to 38 in 2024. If that’s pragmatism, is it any surprise that no one’s interested? “It’s not about money, it’s about will,” Mamdani told Stewart.

• 90K volunteers on his campaign!

Politics is not something that you have, it's something that you do.

It's an opportunity to actually show that this whole campaign where we've talked about freezing the rent, making buses faster, free delivering universal childcare, these are not just slogans. These are commitments. And when we deliver them here in New York City, it will be also the delivery of a politics that can actually aspire for more than what you're living through. And for so many people across the city, politics has just become synonymous with an argument of celebrate the little you have or lose that.

It's not about money, it's about will.

We bridge the gap between mathematics and the law to achieve fair representation through redistricting reform

“Trump’s Take” is a real-time financial tracker documenting the cash and gifts that President Donald Trump and his family have received by selling the presidency. For our purposes, the family includes President Trump, Melania Trump, Donald Trump Jr., and Eric Trump, hereafter referred to collectively as the “Trump family,” but excludes Ivanka Trump and Jared Kushner.

Trump has made most of the cash by launching his own crypto ventures—reversing his outspoken, skeptical stance on crypto—while aggressively deregulating the industry. Trump takes a cut in cash from the trades and sales of the family’s coins and tokens along with stablecoin interest. The “take” is the cash he has received calculated in real time, based on actual trading activity and stablecoin interest. It can only go up. We have also added the value of the gifts, legal settlements, and the income from Melania Trump’s documentary paid directly to Trump or to his presidential library.

Due to the complex nature of these earnings, which are channeled through multiple financial vehicles, our calculations are constantly being updated and refined. A comprehensive methodology detailing the determination of the Trump family’s crypto income is available here.

We have excluded income from assets Trump had before his November 2024 election victory—including real estate, hotels, licensing deals, and more—even though their value has inarguably increased as a result of his election. We made one notable exception by including income from his first crypto venture, World Liberty Financial Inc. (WLFI). WLFI launched in September 2024, and nearly all of the income from this venture was made after his election in November of the same year.

It’s not that the Trumps are the first to leverage the presidency for profit. Jimmy Carter’s brother, Billy, promoted Billy Beer—and took money from the Libyans. Richard Nixon had his brother Donald’s phone tapped amid concerns about business dealings. Hunter Biden received more than $1 million for artwork of questionable quality. But no first family has used the office to make as much money as Donald Trump’s.

Crypto is the big driver, but additional funds have come from advising right-wing companies in America and partnering with cash-rich firms overseas, especially in the Middle East. Family members who never had significant fortunes of their own—Eric, Don Jr., Barron and Melania—have accumulated tens, then hundreds of millions of dollars. All told, the family (including the president’s son-in-law, Jared Kushner) is now worth an estimated $10 billion, having nearly doubled its net worth since last year’s election.

Your stopover in the United Arab Emirates, where you will reportedly seal a deal relaxing export controls on sensitive U.S. technology, is poised to showcase this new level of grifting – and it will come directly at the expense of U.S. national security.

You and your family are financially tied to World Liberty Financial (WLF), a crypto venture that recently launched the stablecoin USD1.3 In March, prior to the official launch of USD1, your crypto assets – including WLF holdings and your $TRUMP meme coin –accounted for nearly 40 percent of your total assets.4 Your holdings in WLF have clearly expanded your wealth since you took office and will only further expand it as USD1 issuance grows.

On May 1, Eric Trump and the son of your Special Envoy Steve Witkoff announced that Emirati state-owned investment firm MGX will use USD1 to complete a $2 billion dollar transaction with cryptoexchange Binance. 5 In selecting USD1, the Emirati-backed fund will likely pay hundreds of millions of dollars in transaction fees, and WLF will be able to reap returns on any investments it makes with the $2 billion deposit. In essence, WLF – and you and your family by extension – are receiving a cut of this deal.

Ford’s electric pickup has been America’s best-seller for quite some time, but digging deeper into the numbers reveals why Ford chose gas and hybrid trucks to bring in higher profits. The company sold 10,005 F-150 Lightning EVs in the third quarter, a healthy 39.7% increase year-over-year, but nowhere near the 207,732 F-Series trucks sold during the same period.

“For larger retail, electric utilities, the economics are unresolvable,” Farley said. “These customers have very demanding use cases for an electric vehicle. They tow, they go off-road, they take long road trips. These vehicles have worse aerodynamics and they're very heavy, which means very large and expensive batteries.”

A Ford spokesperson later clarified to InsideEVs that Farley was specifically referring to large, customer-focused "utility" vehicles—SUVs like the Ford Expedition and so on. Despite some setbacks and the cancellation of its large three-row SUV, Ford is far from done with EVs, however. The automaker is planning a midsize all-electric truck that is a kind of quasi-F-150 Lightning successor; a family of from-the-ground-up EVs on its so-called "skunkworks" platform; and a broadened series of electrified vehicles, including hybrids and extended-range electric vehicles (EREVs), which Farley elaborated on during the call.

Very exciting!