AI companies burn through hundreds of billions in investor funds with no profitability path, needing to generate $800 billion to $2 trillion by 2030 while currently making only $45 billion annually, creating a massive bubble that threatens economic catastrophe affecting hundreds of millions when it inevitably bursts.
Cutting-edge AI models now pass the grueling CFA Level III exam in minutes—a financial certification that demands 1,000 hours of human study—with researchers testing 23 language models and finding that advanced systems like o4-mini and Gemini 2.5 Pro successfully tackle complex analytical reasoning that stumped AI just two years ago.
Alibaba shares rocket 9% in premarket trading as CEO Eddie Wu announces plans to boost AI spending beyond the company's existing $53 billion three-year investment, while unveiling its new Qwen3-Max language model and expanding cloud infrastructure globally with new data centers across multiple continents.
OpenAI's $3 billion acquisition of coding startup Windsurf ignites a major intellectual property dispute with Microsoft, as the AI giant refuses to grant its key partner equal access to the new technology despite their existing multibillion-dollar investment agreement, potentially threatening their crucial cloud alliance.
Oracle raises $18 billion in 2024's second-largest bond sale with nearly $88 billion in investor demand, issuing debt including a rare 40-year bond to fund massive AI infrastructure spending for clients like OpenAI and Meta as cash flow turns negative for the first time since 1992.
Alibaba shares soar to a four-year peak as CEO Eddie Wu reveals plans to surpass the company's massive $53 billion AI investment commitment, with the tech giant reporting explosive triple-digit AI product growth and 26% cloud sales surge despite US chip restrictions forcing development of proprietary processors.
Alibaba announces massive $53 billion investment in AI and cloud infrastructure over three years, surpassing its entire previous decade of spending in these sectors as CEO calls artificial intelligence a 'once-in-a-generation' opportunity while the company reports triple-digit AI revenue growth for six straight quarters.
AI company Cohere raises additional $100 million funding, pushing its valuation to $7 billion while launching new Command A series enterprise models with vision, reasoning, and translation capabilities for secure deployment across global markets.
Legal tech funding shatters records with $2.4 billion raised in 2025 as AI automation revolutionizes the legal industry, with major deals including Filevine's $400 million raise and Harvey's $600 million across multiple rounds transforming how legal work gets done.
Reid Hoffman, co-founder of LinkedIn, utilizes a cutting-edge 'max subscription' AI hack, feeding prompts across ChatGPT, Copilot, Gemini, and Claude by subscribing to their top tiers at a cost of at least $650 per month, harnessing the power of multiple AI agents for integrated responses.