  String theory contains solutions with SL(2,R)_R x U(1)_L-invariant warped
AdS3 (WAdS3) factors arising as continuous deformations of ordinary AdS3
factors. We propose that some of these are holographically dual to the IR
limits of nonlocal dipole-deformed 2D D-brane gauge theories, referred to as
"dipole CFTs". Neither the bulk nor boundary theories are currently
well-understood, and consequences of the proposed duality for both sides is
investigated. The bulk entropy-area law suggests that dipole CFTs have (at
large N) a high-energy density of states which does not depend on the
deformation parameter. Putting the boundary theory on a spatial circle leads to
closed timelike curves in the bulk, suggesting a relation of the latter to
dipole-type nonlocality.
