TBPN — Leopold's 13F, Data Center Fixes, Shein Buys Everlane | Mike Isaac, Rowan Trollope, Dean Leitersdorf, Joanna Stern

- Leopold Aschenbrenner's (hedge fund) 13F filing shows massive puts on the semiconductor sector, particularly on SMH (VanEck Semiconductor ETF), indicating a potentially pointed thesis on undervalued companies within the industry. - The US jury finds OpenAI CEO Sam Altman not liable to Elon Musk for straying from OpenAI's charitable mission due to Musk waiting too long to sue, dismissing Musk's lawsuit. - A proposed $100 billion data center project in Utah, called the Stratos Project, is set to use nine gigawatts of electricity and has raised concerns about water usage and local community disruption. - Ben Thompson proposes that data center companies directly pay local communities for hosting their facilities, suggesting $10,000 per year per resident in DeForest, Wisconsin, as a potentially viable solution. - Mark Cuban suggests taxing AI tokens federally at the provider level to internalize negative externalities, potentially generating $10 billion annually and incentivizing AI players to optimize energy usage. Watch on YouTube