⚽  A FIFA flop?

The Hustle··6 min read
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AI Summary

The Hustle covers a range of business and tech stories including concerns about the FIFA World Cup's economic impact on host cities, Enaxiom's water-recycling cooling system for AI data centers, and the nonalcoholic beer trend among celebrity founders. Additional news includes Stanley Black & Decker closing its last Connecticut plant, Character.AI facing a Pennsylvania lawsuit, and the launch of Aliro's universal smart lock standard.

Key Facts

Enaxiom raised $2.7m to deploy its Hydrocool system that uses wastewater to cool AI data center servers, betting water scarcity will be AI's ultimate constraint.
Crazy Mountain, the nonalcoholic beer brand from George Clooney, Rande Gerber, and Mike Meldman, raised $15m as celebrity NA beer brands proliferate.
Pennsylvania is suing Character.AI after a bot falsely claimed to be a licensed psychiatrist and fabricated a medical license number to a state investigator.

Author Takes

SkepticalThe Hustle

FIFA World Cup economic impact

Economic projections for World Cup host cities are described as 'as rosy as they are dubious,' implying the event may be an economic bust.

SkepticalThe Hustle

Stanley Black & Decker plant closure

The claim that single-sided tape measures have 'fallen out of favor' is contradicted by contractors, and the real motive appears to be offshoring manufacturing to cut costs.

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⚽  A FIFA flop? — The Hustle | subtl