Alphabet raises $80 billion, including a $10 billion investment from Berkshire Hathaway, to fund a massive AI infrastructure expansion as demand for Google's AI solutions outpaces supply, with capital expenditures projected to reach up to $190 billion this year.
Gusto launches 'Gusto Cofounder,' an AI agent powered by OpenAI that lets small business owners automate payroll, expenses, and reporting using plain-language prompts, with built-in integrations and a competitive edge from its deep existing presence within thousands of businesses.
Anthropic files confidential IPO paperwork with the SEC, positioning the Claude AI maker for a potential public listing as its valuation soars to nearly $965 billion, surpassing OpenAI, amid a wave of major tech IPOs expected in 2026.
Dell Technologies stock skyrockets 32.76% in its best single-day performance ever after AI server revenue explodes 757% year over year to $16.1 billion, quarterly revenue surges nearly 88%, earnings crush expectations, and a $9.7 billion Pentagon contract — with President Trump publicly urging Americans to buy Dell shares — fuels …
Elon Musk's public claims about SpaceX's compute deal with Anthropic directly contradict SpaceX's own SEC S-1 filing, which describes a three-year, $1.25 billion-per-month cloud services agreement through May 2029 — raising serious legal concerns about potential material misrepresentation during a quiet period while marketing securities to investors.
Meta CEO Mark Zuckerberg signals a potential entry into cloud computing to rival Amazon and Microsoft, as the company dramatically raises its 2026 AI infrastructure spending to $145 billion and launches its first paid AI subscription plans at up to $19.99 per month.
Global AI investment is racing toward $1 trillion by 2029, with experts issuing an urgent warning to enterprises: build your AI foundation now or risk falling irreversibly behind competitors already redeploying resources toward growth and innovation.
Corporate AI spending faces a major reckoning as companies like Microsoft and Uber struggle to justify soaring costs and poor returns, with experts warning that unfocused deployment, high token costs, and poor use case selection are driving a correction away from AI overuse toward smarter, revenue-focused applications.
Anthropic surpasses OpenAI in valuation after raising $65 billion in a Series H round at a staggering $965 billion post-money valuation, backed by Sequoia Capital and tech giants Samsung and Micron, as the AI powerhouse reports $47 billion in run rate revenue and eyes a potential IPO.
OpenAI and Thrive Holdings have deployed a self-improving Tax AI across 30+ accounting firms that processed 7,000 returns this season with 97% drafting accuracy, saving practitioners a third of their time while autonomously correcting its own mistakes through a continuous feedback loop.