Big Tech Must Justify AI Spending as Investors Dump Stocks
With trillions committed to AI infrastructure, investors are losing patience and selling the megacaps, forcing the industry to prove the returns are real.
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Category: AI Investment & Business
Venture capital, AI startup funding, industry trends, and business implications
Polymarket Traders See Near-Zero Chance of a July Fed Rate Cut
Prediction-market traders assign a roughly 0.35% probability to a 25-basis-point July rate cut and 0.15% to a larger one, betting the Federal Reserve holds steady at…
Meta in Talks to Sell $10 Billion of Computing Power to Anthropic
Meta is in early talks to lease AI computing power from its data centers to Anthropic in a deal that could be worth as much as…
GameStop Discloses 9.8% Stake in eBay, Signaling a Renewed Bid After $56B Rebuff
A Schedule 13D filing shows GameStop owns nearly 10% of eBay, the retailer said, after its unsolicited $56 billion offer for the e-commerce company was rejected…
Bitcoin Call Spreads Target $72,000 by Month-End as Fed Decision Looms
Traders have wagered about $2.5 billion in notional on Bitcoin call spreads expiring July 31 that profit if BTC clears $72,000, even as spot hovers near…
Databricks Hits $188B Valuation, Extending Its Run as AI’s Favorite Second Act
The data and AI platform is raising roughly $3 billion at a $188 billion valuation led by Coatue, its second megaround this year as investors keep…
SoftBank’s Son: AI Needs $5 Trillion a Year—and Calling It a Bubble Is ‘Foolish’
SoftBank CEO Masayoshi Son says nearly $5T annually is needed for AI infrastructure, dismissing bubble fears as he backs OpenAI with $34.6B.
Reflection’s $1B Compute Deal With Nebius—AI Arms Race
Reflection AI signed a $1 billion compute deal with Nebius, the ex-Yandex infrastructure firm, to secure Nvidia's latest chips as open-model demand surges.
Hermes Maker Nous Research in Talks for $1.5B Round Led by Robot Ventures
Nous Research is finalizing a $1.5 billion valuation raise of at least $75M led by Robot Ventures with USV, per sources familiar with the deal.
XCENA Raises $135M — AI’s Bottleneck Is Memory, Not Compute
XCENA raised $135M Series B at $570M valuation for MX1, a chip placing compute inside DRAM to eliminate the memory round trip bottlenecking AI inference.