Goldman Sachs projects that the current investment cycle, driven by artificial intelligence, will be the most capital-intensive in history, with hyperscaler capital expenditure potentially reaching $7…
Citadel acquired approximately $16 billion in public equity holdings from Leopold Aschenbrenner's AI-focused hedge fund Situational Awareness LP after margin calls from Bank of America, Goldman Sachs,…
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…
Citadel, the hedge fund led by Ken Griffin, acquired the bulk of a $16 billion public equities portfolio from AI-focused hedge fund Situational Awareness on July 30, 2026, after margin calls threatene…
Wall Street experienced its biggest rotation since 2020, triggered by losses at hedge fund Situational Awareness, which forced it to sell equities after margin calls, with Citadel buying its portfolio…
Wall Street banks are lending billions to tech founders and early employees using private stock as collateral, betting these borrowers will become lucrative clients when their companies go public. Gol…
Citadel acquired approximately $16 billion in distressed AI holdings from Situational Awareness, the hedge fund founded by former OpenAI researcher Leopold Aschenbrenner, on July 30, triggering a reli…
Apple CEO Tim Cook said during the company's Q3 2026 financial call that Apple will offer "upgrade possibilities" on iCloud+ for users who want to use Apple Intelligence heavily, hinting at higher sto…
Alphabet, Microsoft, Meta, and Amazon are collectively spending over $200 billion annually on AI infrastructure, with margins compressing as costs outpace revenue growth. Analysts at Goldman Sachs and…
China's NovaFusion Energy Technology (NovaFusionX) and similar firms are accelerating commercial fusion targets from 30-50 years to 5-10 years, driven by surging AI electricity demand, according to fo…
British AI infrastructure provider Nscale has agreed to acquire Anyscale, the company commercializing the open-source Ray distributed computing framework, in a deal reported by TechCrunch, citing Bloo…
India's Nifty IT index surged 16.7% in July 2026, its best monthly showing in years, as global investors rotated away from AI-heavy stocks, while the Philadelphia Semiconductor Index tumbled 21% over …
Leopold Aschenbrenner's Situational Awareness Capital, an AI-focused hedge fund that reported a 439% net return through June, was forced to unwind after losses on a highly leveraged portfolio triggere…
Ryan Williams publicly detailed Ellis, an AI operations platform that reconciles scattered records behind private credit funds, following an $11 million seed round led by First Round in April 2026. Wi…
Citadel, managing about $71 billion in assets, has acquired the majority of the public equities portfolio of Situational Awareness, the AI-focused hedge fund led by former OpenAI researcher Leopold As…
Marble, a New York-based Y Combinator-backed startup founded by Aakar Khanna and Arjun Chaliha, launched an AI operating system for restaurant back-office tasks including inventory, purchasing, and la…
Leopold Aschenbrenner's Situational Awareness LP, an AI-focused hedge fund that managed roughly $20-24 billion, liquidated its entire public equity book after margin calls from Goldman Sachs, JPMorgan…
The World Economic Forum's Future of Jobs Report 2025 projects 170 million new roles and 92 million displaced by 2030, a net gain of about 78 million jobs, against structural churn of roughly 22% of t…
A humanoid robot powered by Qualcomm's Dragonwing IQ10 AI chip collapsed on stage during a live demonstration at Computex 2026 in Taipei, sparking viral attention and raising questions about robotics …
Goldman Sachs argues that AI will not replace enterprise software but will instead strengthen incumbent providers, as AI systems depend on the structured data, business context, and governance that th…