Topic
Capital spending by major cloud providers like Meta, Alphabet, and Microsoft on AI infrastructure, and investor reaction to these disclosed budgets.
Moody's Analytics' Mark Zandi calls the U.S. economy vulnerable, citing payroll growth near 40,000 a month and essentially zero outside healthcare. Markets put 50% odds on an October Fed hike after 3.7% CPI, Pimco's Tiffany Wilding said.
Reality
Fortune's account of the global selloff traces a chain from oil above $100 a barrel to the debt behind AI data centers. The single testable number in it is a yield level named by one investment chief.
Perspective Coverage
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BlackRock is shifting AI exposure in its roughly $300 billion of model portfolios from early tech leaders to AI adopters. That sum is the whole book, and the same overhaul adds US large caps, so the net cut to mega-cap tech may be far smaller.
Reality
Hock Tan told CNBC that Broadcom's $115bn and $230bn AI chip targets for fiscal 2027 and 2028 are intact after the stock fell 4.8%, and the company has lifted this year's AI guide to $58bn from $56bn.
Reality
Ben Thompson now says he does not think AI is a bubble, and the evidence he offers is a capability jump that showed up in Claude Code in December, weeks after Anthropic shipped the Opus 4.5 weights.
Reality
The SK chairman told the Ulsan Forum that AI has to generate profits on its own and reinvest them. In the same speech he said the group's Ulsan data centre has added 900 megawatts to a project first sized at 103.
Reality
Cryptopolitan reports that the NVIDIA chief told Goldman's conference his stakes in OpenAI and CoreWeave are small next to the demand they create, and the two disclosed equity cheques do come to only $32bn.
Reality
Index pays crowd contributors for first-person household video. Figure's own figures put contributor spend near $3.75m a month, and they do not reconcile into an hourly wage.
Reality
Techfundingnews frames the world model race as a $16B bet. The named rounds account for $2.31B of it, and the case against the architecture rests on a generalisation failure capital cannot fix.
Reality