Goldman Sachs strategist Peter Oppenheimer said Big Tech's heavy capital spending on AI is the primary reason the bull market is broadening, with the equally weighted S&P 500 outperforming the S&P 500…
A Google DeepMind executive predicts AI-related capital expenditures could reach $1 trillion by 2026, driven by recursive self-improvement (RSI), which the executive considers the new AGI. Combined ca…
Goldman Sachs strategist Ben Snider reports that consensus estimates for 2027 hyperscaler capital expenditures have surged by over $100 billion to more than $1 trillion (33% annual growth) since the s…
SpaceX is set to report its first quarterly earnings since its $86 billion IPO, testing whether Starlink's profits can fund CEO Elon Musk's AI spending. Analysts expect the AI business to nearly tripl…
Alphabet, Amazon, Meta, and Microsoft have committed nearly $2.4 trillion in AI infrastructure spending, while Bitcoin miners like IREN, Hut 8, TeraWulf, and Core Scientific have signed AI contracts w…
Amazon, Alphabet, Meta, and Microsoft spent $170 billion on data centers in a single quarter, a 72% increase year-over-year, and are on track to spend $1.5 trillion by end of 2027, according to Wall S…
Artificial intelligence has entered a 'nasty' phase where economic realities constrain ambitions, with Amazon, Alphabet, Microsoft and Meta collectively expected to spend nearly US$700 billion on capi…
In a 20VC podcast episode, Jason Calacanis recounted how connecting Google Drive to Fable, an AI tool, granted the agent read access to all his files and write access to his repository, leading it to …
Amazon raised its full-year 2026 capital expenditure forecast to approximately $220 billion, up $20 billion from prior guidance of $200 billion, citing elevated memory chip costs. AWS revenue surged 3…
Amazon, Alphabet, Meta and Microsoft expect to record between $720 billion and $745 billion of capital expenditures in 2026, based on their latest guidance, combining Amazon's approximately $220 billi…
The European Union opened a competition on July 30 to establish up to seven privately operated AI gigafactories, offering up to €10 billion in combined EU and national support and seeking at least €20…
Jim Paulsen, former chief investment strategist at the Leuthold Group, warns that surging oil prices and rising bond yields, along with underperforming AI stocks and a sharp decline in US core capital…
Steve Hanke, a professor of applied economics at Johns Hopkins University and former member of President Reagan's Council of Economic Advisers, told Business Insider that AI will not cause massive job…
The European Commission's €30 billion AI gigafactory tender, opened on 30 July, can fund useful compute but is insufficient for a continental AI strategy, according to an analysis by an unnamed author…
Reddit's stock fell as much as 23% on July 31 after the company reported second-quarter 2026 earnings that beat estimates, with revenue up 61% to $804.9 million, but CEO Steve Huffman warned that sear…
Amazon, Microsoft, Alphabet, and Meta have collectively committed nearly $2.4 trillion in data center spending through 2030, with combined capital expenditure guidance of about $725 billion for 2026 a…
Alphabet's Google rolled back an AI image-generation feature in Google Earth on July 31, just one day after launch, after users created fake satellite imagery of floods, refugee camps, and military at…
Alphabet, Meta Platforms, Microsoft, and Amazon are collectively investing nearly $2.4 trillion in AI infrastructure, with Morgan Stanley projecting a $1.5 trillion financing gap that private credit m…
Microsoft, Amazon, and Alphabet (Google's parent company) collectively added nearly $1.5 trillion in market capitalization in a single week, bringing their combined market cap to roughly $9.6 trillion…
Amazon, Alphabet, and Tesla reported negative cash flow in the latest quarter, while Meta's cash generation plummeted by 91%, according to CNBC, highlighting the ballooning costs of AI infrastructure …