Tech giants announce massive global AI expansion plans at Davos while startups with no actual products raise billions in funding, as Tesla removes human safety monitors from Robotaxis in deregulated Texas markets.
Microsoft unveils its Maia 200 AI chip, boasting 30% better cost-per-performance than competitors and three times faster speeds than Amazon's Trainium, as tech giants race to break Nvidia's market dominance amid severe AI chip shortages.
NVIDIA invests $2 billion in CoreWeave to build over 5 gigawatts of AI factories by 2030, deepening their partnership through advanced technology integration including Rubin platform and Vera CPUs while developing AI-native software for cloud and enterprise customers.
Google DeepMind acquires Hume AI's CEO Alan Cowen and seven engineers in a $100 million licensing deal to integrate emotional voice technology into its AI models, positioning the tech giant to compete directly with OpenAI's ChatGPT voice capabilities.
Worldwide AI spending skyrockets to $2.52 trillion by 2026 with a massive 44% year-over-year surge, driven by $401 billion in infrastructure investments and 49% jump in AI-optimized servers, even as the industry remains trapped in a 'Trough of Disillusionment' with companies demanding proven returns over speculative projects.
AI wrapper companies face imminent collapse by 2026 as big tech platforms absorb their features, while the $600 billion global infrastructure investment remains protected and foundation models consolidate into just 2-3 dominant players.
HSBC analysts predict OpenAI will burn through $207 billion and remain unprofitable until 2030 despite reaching 44% of global adults, as the AI giant faces staggering $1.4 trillion compute costs and $620 billion data-center expenses that dwarf projected $213 billion revenues.
Cloudflare acquires UK-based AI data marketplace Human Native to develop new developer tools that enable fair transactions between AI creators and content providers, expanding the company's mission to revolutionize internet content monetization through transparent data access channels.
Wikipedia celebrates its 25th anniversary by welcoming Amazon, Meta, Microsoft, Mistral AI, and Perplexity as major partners who access its human-curated knowledge through enterprise APIs to power AI models, chatbots, and search engines across 300+ languages and 65 million pages receiving 15 billion monthly views.
Meta poaches Apple's fourth AI expert with massive $100 million signing bonuses as the tech giant's foundation models team crumbles, forcing Apple to consider outsourcing AI development to competitors like OpenAI while employee morale plummets.