Oracle just showed its hand in the AI infrastructure poker game, and it's not holding aces. Oracle sent a force majeure notice to Blue Owl Capital on Project Jupiter, its flagship AI data center in New Mexico, giving them legal cover to delay payments if the facility misses its 2028 launch
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While crypto speculation cratered 37%, the actual utility case for digital dollars just posted a 78% year-over-year gain. Cross-border stablecoin flows hit $220.3 billion, up 77.5-78% while the broader crypto market shrunk by more than a third
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The compute wars just got a new player, and it paid for entry with equity instead of cash. Akamai inked a $12B multi-year AI infrastructure deal with Anthropic, with potential to reach $20B, and issued a warrant giving Anthropic the option to acquire 5% of Akamai's common stock
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The era of AI companies owning their compute stack just ended with a number most startups will never see in revenue. Anthropic signed an $11.6 billion, seven-year deal with Akamai for computing power — the largest public AI infrastructure contract to date
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The company that spent two years positioning itself as the responsible AI alternative just became Washington's favorite punching bag.
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The US just realized it brought export controls to an open-source fight. AI has become a central tension point in Trump-Xi talks, with Chinese open-weight models closing the gap on US systems despite export restrictions
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When your biggest supplier is also your life raft, you're not disrupting anything except maybe accounting standards. Nscale filed for a $35 billion IPO while burning cash and leaning on a $3 billion financing deal with Nvidia to stay solvent
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The government that built the Interstate Highway System is about to spend three times as much on compute. The Brookings Institution projects $10.3 trillion in AI infrastructure investment by 2032, making it the largest single economic investment in US history
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A 23-year-old drained 100 Coinbase accounts by pretending to be support staff, then blew $6 million of the loot at the casino—and somehow his own messages sealed the conviction.
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The only thing stranger than Democrats asking Trump to negotiate with China is that chips, not missiles, are the weapon everyone's fighting over. Democrats are pushing Trump to negotiate an AI safety agreement with China, even as Schumer warns against easing export controls on AI chips to Beijing.
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The money managing your retirement just bet $25 billion that AI compute will eat the Pacific Rim. BlackRock and Australian pension giant IFM Investors are in exclusive talks to acquire Stack Infrastructure's Asia Pacific data centers for approximately $25 billion
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Masa Son just paid the highest interest rates in SoftBank's history to borrow money for AI, and bond investors lined up anyway. SoftBank completed one of the largest junk-bond offerings ever, offering record-high yields to fund Masayoshi Son's AI investment push
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While everyone watches OpenAI and Anthropic fight over whose model is smarter, the real money is quietly flooding into the companies that help everyone else actually deploy AI without hiring a team of ML engineers.
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China's brightest AI companies are under investigation for allegedly training their models on stolen conversations with a U.S. competitor, and the irony is thick enough to cut with a blade.
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Wall Street's loudest AI bull just put his money where his mouth is—and brought a $200 million megaphone with him. Dan Ives left Wedbush Securities to co-found Yorkville Ives & Co., a merchant bank built specifically for the AI era
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The AI safety debate just got a framework, and it's designed to dodge the geopolitical minefield that's been paralyzing action.
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The first billion-dollar bet on making every dumb device suddenly reachable from orbit just landed. Hubble Network raised $200M at a $1.6B valuation to build space-based Bluetooth infrastructure
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The firm that made billions betting against credentials is now building a credential factory of its own. Andreessen Horowitz raised $42 million for the Horowitz Andreessen Academy, a for-profit alternative to college that trains AI engineers straight out of high school
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Sources Fortune Tech
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The chip wars just turned into a consumer spending boom — and it's happening before the stock gains even finish cooling. AI-linked stock rallies in South Korea and Japan have created enough household wealth to sustain luxury spending even as markets turn volatile
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