Apple's betting it can sell what it can't make—and Wall Street's buying in. Apple forecast Q3 revenue above estimates despite warning Mac shortages will persist "several months" and memory-chip costs are climbing.
Continue reading ›
The question isn't whether AI is overhyped — it's whether the overhype builds infrastructure that outlasts the hype cycle.
Continue reading ›
Musk's finance guy may have just handed OpenAI a gift on the witness stand, and the jury never heard it. Jared Birchall, Musk's fixer, appeared to accidentally reveal something damaging during testimony after the jury was excused from the courtroom in Oakland
Continue reading ›
The AI chip king and the iPhone empire are locked in a valuation knife fight, and Apple just sharpened its blade with the one thing Nvidia can't manufacture: recurring revenue.
Continue reading ›
The market is now deciding which AI bets are credible and which are just expensive theater. Amazon, Microsoft, Google, and Meta announced a combined $710-725B AI investment plan through 2026, the largest coordinated tech infrastructure build in history.
Continue reading ›
The companies that built empires on free cash flow just mortgaged the future to win a race they can't yet price. Big Tech is on track to spend up to $725 billion on AI infrastructure in 2026, an amount equal to Sweden's entire GDP, marking a fundamental shift in how these companies finance growth.
Continue reading ›
The exchange that survived the crypto winter by staying boring just launched the first product that treats Bitcoin and Tesla stock as ingredients in the same recipe.
Continue reading ›
The man who named AGI thinks the companies racing to build it are burning billions on a dead end. Ben Goertzel, who coined "AGI" in 2005, says Big AI's transformer obsession is "a waste of resources" because all LLMs are fundamentally doing the same thing.
Continue reading ›
Bitcoin miners are buying power plants now, and it's not about mining bitcoin. MARA Holdings is acquiring Long Ridge Energy for $1.5 billion, including a 505 MW natural gas plant and 1,600 acres in Ohio with expansion capacity to over 1 GW.
Continue reading ›
The smartest money in Silicon Valley just doubled down on patience as a strategy. 137 Ventures raised $700 million across two funds to back startups over longer time horizons, days before SpaceX's expected IPO
Continue reading ›
Microsoft just outbid everyone at the AI capex table with a $190 billion bet, and Amazon's free cash flow collapsed 95% to make theirs. The competition isn't about who's winning. It's about who can afford to keep playing.
Continue reading ›
The AI boom just turned a Japanese capacitor maker into a bellwether for infrastructure spending. Murata Manufacturing beat Q4 profit estimates driven by AI data center demand, with shares jumping on the news
Continue reading ›
Cathie Wood is betting on the platform while dumping the asset — a telling signal about where she thinks the infrastructure value lives.
Continue reading ›
Seven hundred billion dollars is more than the GDP of Sweden—and it's all going into a bet that agents will eat the world before someone else's agents do. US Big Tech's combined 2026 capex is projected to hit $725 billion, overwhelmingly targeted at AI data center infrastructure
Continue reading ›
Amazon just told Wall Street it might start shipping AI chips to customers who aren't AWS users, which is roughly equivalent to Netflix announcing it's going to sell DVDs.
Continue reading ›
While US chipmakers fight export controls, China's domestic AI chip industry just printed a Q1 that looks less like substitution and more like ignition. Cambricon Technologies' Q1 2025 revenue more than doubled year-over-year, driven by surging domestic AI chip demand in China
Continue reading ›
The company that built its brand on AI safety just got told "no" by the government when it tried to open the gates wider. The White House is blocking Anthropic's plan to expand access to Mythos, an AI model the company itself describes as powerful enough to enable dangerous cyberattacks.
Continue reading ›
The guy who built Meta's brain-computer interface just left to build AI chips that think like neurons—and investors are already pricing in a future where your agents run on milliwatts, not megawatts.
Continue reading ›
SoftBank's betting $50 billion that the AI infrastructure stack needs a vertically integrated giant that builds the robots, runs the data centers, and cuts everyone else out of the middle.
Continue reading ›
The companies making picks and shovels for the AI gold rush are printing money faster than the miners themselves. Samsung's semiconductor division saw profits jump 48-fold, riding AI's insatiable appetite for memory chips to margins that beat analyst expectations
Continue reading ›