The headline number didn’t move. Four of the fifteen scores did. Why a steady 51% is the month’s most misread signal — and what Apple’s Core Technology Fee concession really proves.
Wall Street wiped out a trillion dollars over AI spending fears, then a big bank doubled its capex forecast. Whichever is right, Europe never placed the bet — and that may be its quiet advantage.
AWS AI chief Peter DeSantis confirmed to Bloomberg that Amazon is exploring selling its custom Trainium AI chips to third-party data centres for the first time — a direct challenge to Nvidia’s dominance. Amazon’s custom silicon business already runs at a $20 billion annual rate, growing at triple-digit pace, with Trainium 3 largely sold out. Anthropic has committed to up to 5 gigawatts of Trainium capacity, OpenAI to around 2. If Amazon sells chips externally, the AI hardware landscape shifts. gafam.ai examines what it means — and why Europe has no equivalent.
The Wall Street Journal, The Information and Reuters have confirmed it: Amazon CEO Andy Jassy personally contacted Treasury Secretary Scott Bessent on June 12 to flag security findings about Anthropic’s newly launched Claude Fable 5. Hours later, Commerce Secretary Howard Lutnick issued the export control directive that took Fable 5 offline worldwide. Amazon is Anthropic’s largest investor, a board member and the primary cloud host of Anthropic’s models. It is also the company that just triggered the regulatory action that crippled its own portfolio company. The most consequential conflict of interest in the AI era — and nobody is calling it that. Until now.