This is why I’m wondering: did the EO get blocked, paused for judicial review or something? Is it even in effect?
No intention to make this political, I’m legitimately curious about the status of the law and its actual applicability here. Supposed to be such a steep fine they literally couldn’t afford to do this - not with them already going cash flow negative to build out AI datacenters. So either it’s not applying (why?) or somehow they’re justifying one HUGE fee and somebody is floating them one astronomical loan - which again, why? Where’s the profit in taking that big a risk? Seems absolutely unhinged!
We’re missing something here. Or, at least, I am.