Meta Drops 10% as Cash Burn Reaches Crisis Levels
Meta shares fell 10% after Q2 2026 earnings revealed the company burned through nearly all its free cash flow in one quarter, driven by massive AI infrastructure spending. The results raised questions about the sustainability of Meta's AI investment strategy.
Brookfield Wins DOE Site for $100 Billion AI Data Center Campus
Brookfield Asset Management won the Department of Energy's Paducah site for a $100 billion AI data center campus, one of the largest AI infrastructure projects ever announced. The project will create 5,000 jobs and include dedicated nuclear power capacity.
Microsoft Books $3.2 Billion Gain on Anthropic, Writes Down OpenAI Stake
Microsoft's fiscal Q4 2026 results included a $3.2 billion gain from its Anthropic investment, against a roughly $600 million write-down on its OpenAI stake. The mixed results highlight the diverging trajectories of AI's two leading labs.
Meta and BlackRock Partner for $14 Billion AI Data Center in Texas
Meta and BlackRock announced a joint venture to build a $14 billion AI data center in El Paso, Texas, spanning 1,000 acres. The project is one of the largest private AI infrastructure investments ever announced.
AMD Invests $5 Billion in Anthropic for AI Infrastructure Partnership
AMD announced a $5 billion strategic investment in Anthropic, including a partnership to develop custom AI chips optimized for Claude's training and inference workloads. The deal represents AMD's biggest push into AI infrastructure.
Nvidia Invests $5 Billion in SSI, Ilya Sutskever's AI Safety Startup
Nvidia announced a $5 billion strategic investment in Safe Superintelligence Inc. (SSI), founded by former OpenAI chief scientist Ilya Sutskever. The deal values SSI at over $50 billion and deepens the partnership between the world's most valuable company and one of AI's most prominent safety-focused labs.
Enigma Raises $71M Seed Round for Interactive AI Robots
Enigma raised a $71 million seed round to build the world's first interactive AI robots. The massive seed investment reflects investor confidence in physical AI and human-robot interaction.
Google to Invest Up to $40 Billion in Anthropic
Alphabet commits massive investment in Anthropic, valuing the Claude creator at $350 billion amid intensifying AI competition.