December 21, 2025 Edition
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Two Graphs
The median size of new single-family homes in the US has sharply declined since 2015, reaching its lowest point in over a decade by 2025, despite previously hitting record highs.
GPUs consume 41% of total facility power in AI data centers, making up the majority of server power use—highlighting their massive energy demand compared to other hardware components.
Headlines
FT Magazine. How a failed baseball player and ex-stock broker became a major arms dealer (FT) … US Says It Intercepted Second Tanker in Venezuela Blockade (Bloomberg) … How tech’s biggest companies are offloading the risks of the A.I. boom (NY Times) … PayPal Applies to Become a Bank as US Loosens Regulatory Reins (Bloomberg) … Roomba maker iRobot files for bankruptcy, with Chinese supplier taking control (NY Times) … Ford will take $19.5 billion hit as it rolls back E.V. plans (NY Times) … Robot vacuum Roomba maker files for bankruptcy after 35 years (Bloomberg) … Netflix vs Paramount: politics could decide battle for Warner Bros (FT) … Warner Bros to rebuff $108bn Paramount hostile offer (FT) … Ford Takes $19.5 Billion Hit in Detroit’s Biggest EV Bust (WSJ) … All That Cheap Chinese Stuff Is Now Europe’s Problem (WSJ) … CoreWeave’s Staggering Fall From Market Grace Highlights AI Bubble Fears (WSJ)