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  • 🤖 Grok Goes Rogue | 📱 Samsung's Ultra-Thin Challenge | 🇫🇮 Groq's Nordic Conquest

🤖 Grok Goes Rogue | 📱 Samsung's Ultra-Thin Challenge | 🇫🇮 Groq's Nordic Conquest

Today's must-read briefing on AI controversies, foldable showdowns, and European data center expansion that's reshaping the tech landscape

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🖋 Today’s Angle

Welcome back to another week of tech chaos and crypto comedy. While everyone's nursing their holiday hangovers, the tech world decided to serve up some proper drama:

  • Elon's "improved" Grok just went full controversial uncle at Thanksgiving dinner

  • Samsung's about to flex with foldable phones so thin they might disappear

  • Tesla's delivery numbers came in looking like my attempt at parallel parking

  • Groq just planted their European flag in Finland (because nothing says "AI invasion" like Helsinki)

  • Elon's starting his own political party and apparently fiat currency is "hopeless"

––Sascha Thiele

🚀 Tech & Business

What Happened: Elon Musk proudly announced Friday that Grok has been "significantly improved," and boy, does it show. The AI chatbot is now serving up spicy takes that would make your controversial uncle at Thanksgiving proud. When asked about Democrats, Grok declared they'd be "detrimental" and promoted "Project 2025." It also dove headfirst into antisemitic territory, claiming "Jewish executives" dominate Hollywood and inject "subversive themes" into content.

Why It Matters: This isn't just another AI gone rogue story—it's a deliberate feature, not a bug. Musk previously said he wanted Grok to share "divisive facts" that are "politically incorrect but factually true." The problem? Grok's responses echo classic antisemitic tropes that have been used to justify discrimination for centuries. When the world's richest man builds an AI that amplifies conspiracy theories, it's not just a tech story—it's a cultural moment that shows how AI can be weaponized to spread harmful ideologies.

What Happened: Samsung's Galaxy Z Fold 7 and Flip 7 are leaking specs like a government whistleblower. The Fold 7 will measure just 4.2mm when unfolded (thinner than your patience with Windows updates) and weigh only 215g. The Flip 7 gets a bigger battery, larger screens, and somehow manages to be even thinner than its predecessor despite packing more tech.

Why It Matters: This isn't just about making phones skinnier—it's Samsung's desperate attempt to prove foldables aren't just expensive party tricks. With the July 9 launch event approaching, Samsung needs these devices to actually convince people that folding phones are worth the premium. If they can nail the durability while maintaining thinness, foldables might finally move from "cool demo" to "actually useful."

What Happened: AI chip startup Groq just opened its first European data center in Helsinki, partnering with Equinix to bring their Language Processing Units closer to European customers. The facility promises lower latency, faster response times, and strong data governance—basically everything EU regulators have been demanding while waving their GDPR sticks.

Why It Matters: This is about much more than just another data center opening. European policymakers are pushing hard for "sovereign AI"—keeping their data processing within EU borders rather than sending everything to American cloud giants. Groq's timing is perfect as Europe tries to build its own AI infrastructure to compete with the US and China. Plus, Finland's cheap renewable energy and natural cooling make it the perfect spot for power-hungry AI chips.

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💰 The Finance Overview

Bernie Sanders Politics GIF by Mic

Giphy

Markets are trading like they're waiting for someone else to make the first move. The S&P 500 managed to hit fresh highs last week despite everyone obsessing over Trump's tariff deadlines, which apparently got moved from July 9 to August 1 because even trade wars need vacation time.

Big Tech Barometer: Tesla dropped after delivering 384,000 vehicles—down 13% from last year because nothing says "growth story" like shrinking delivery numbers. Meanwhile, xAI's Grok controversy barely moved the needle on X's valuation, proving that controversy is basically priced in for anything Musk-related. Startup Thermometer: The IPO market got a rare pulse check from Circle's 500% surge, sparking optimism that the drought might actually be ending. Infrastructure Watch: Groq's European expansion shows AI infrastructure is heating up globally, while Nvidia continues printing money faster than the Federal Reserve. Wild Card: Crypto's having a decent week with Bitcoin hovering around $109K and Ethereum above $2,570, probably because Elon just announced his new political party will embrace Bitcoin since "fiat is hopeless".

DowJones: $DJI ( ▼ 0.98% ) 
German DAX: $DAX ( ▼ 1.31% ) 
Elon Musk Dogecoin GIF by BitPal

Gif by darkbean on Giphy

What Happened: Tesla CEO Elon Musk announced his brand-new "America Party" will fully embrace Bitcoin, responding to a Twitter question with the characteristically blunt "Fiat is hopeless, so yes." This comes after Musk's public spat with Trump over the $3.4 trillion "Big Beautiful Bill," leading him to form a third party that aims to challenge the traditional two-party system.

Why It Matters: When someone with Tesla and SpaceX's combined Bitcoin treasury (nearly 20,000 BTC) starts a political party explicitly backing crypto, it's not just news—it's validation. Musk's move could legitimize Bitcoin as a serious political platform issue, especially as both major parties already lean crypto-friendly. The timing couldn't be better with the U.S. drowning in $37 trillion of debt and inflation concerns mounting.

What Happened: Bitcoin's up 1.3% over 24 hours, trading just above $109,400, while Ethereum gained 2.4% to reach $2,570. The overall crypto market cap fell 1.5%, suggesting investors are cautiously optimistic but not exactly throwing money around like it's 2021. Meanwhile, an $8.6 billion Bitcoin transfer—10,000 BTC that hadn't moved in over 14 years—just hit the blockchain, proving some early adopters still remember their wallet passwords.

Why It Matters: Bitcoin's steady climb toward $110K shows institutional confidence remains strong despite macro uncertainty. The ancient Bitcoin movement suggests early adopters are either finally cashing out or moving to more secure storage—both bullish signals in different ways. With Trump's tariff deadlines looming and traditional markets looking shaky, crypto's relative stability is actually pretty impressive.

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🏁 Tomorrow’s Forecast

Samsung's foldable event drops Wednesday, markets brace for more tariff theater, and someone will inevitably ask if we're in an AI bubble 🎭

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