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Simon Willison’s Weblog 1 month ago 18 ● 2 sources
Simon Willison posted a brief titled “llm-gemini 0.34” as part of a monthly LLM digest. It went up on 2 September 2026 and advertises a $10/month sponsorship option. The only change described is that readers can pay to get (or support) the curated email digest; no substantive new LLM development is detailed.
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TLDRocket
16 October 2026
AI finance took center stage: the IMF warns that the build-out’s most immediate market risk isn’t model capability, it’s leverage. In a review of 14 publicly disclosed deals since 2023, the fund found hyperscalers backing AI with about $650 billion in debt against roughly $300 billion in equity, while committing to spend $1.4 trillion going forward. The prescription is blunt—limit sector leverage and liquidity risk through sector-specific capital requirements and constraints on bank lending concentration—because when funding rests on borrowed money, sentiment swings turn into funding crunches.
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