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The Board Voted to Close the Kennedy Center Hours After a Judge Refused to Let It Carry Trump's Name

Two things were decided on Tuesday. A court said who owns the name of a national memorial, and a board said the doors close. The order of those events is the story.

The Kennedy Center lit in colour at dusk, seen across the Potomac under a pink sky.

The Kennedy Center at dusk. The board voted to close the main building immediately; the REACH stays open and the Honors and the Mark Twain Prize are expected to go on elsewhere. File photograph.

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When a teacher and a class both remembered the day, the standard was close to irrelevant. When neither does, the document does more of the work. File photograph.

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The Numbers

The $875m Bet Is That Inference Is a Memory Problem

Positron raised $875m on Thursday at a $5bn valuation, having been worth about $1.06bn in February. Its chips are built around memory capacity and bandwidth rather than raw compute, using commodity LPDDR5X rather than the high-bandwidth memory that constrains everybody else. That choice is the entire thesis.

By Alison Acosta  

A macro photograph of computer memory modules and their contacts.

The Long View

The Deal Was Structured to Avoid a Filing. The Filing Is Now the Investigation.

The Justice Department has issued Nvidia a formal demand for information over its licensing arrangement with Groq, in which Groq's chief executive and chief operating officer moved across. The question is whether a licence plus a mass talent transfer is an acquisition that should have been reported. It is the first formal test of a structure the whole industry has been using.

By Alison Acosta  

A person signing a contract with a ballpoint pen.
The Numbers

The Oil Curve Has Been Handed Something to Argue With

Brent closed above $100 on Wednesday for the first time since May, and the same afternoon the US president said the war would end immediately after the 3 November election. A forward curve pricing an open-ended disruption has to guess at duration. It has now been given a date to disagree with, which is not the same as being given the truth.

By Daniel Okafor  

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