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OpenAI has slashed its funding round target from $30B to $20B as AI and semiconductor stocks sell off, also trimming its expected valuation from $1.4T to $1.25T.
A new ADNOC-Microsoft study finds nearly 90 percent of global energy leaders increased AI investment last year, with grid modernization leading adoption at 66 percent.
Ottawa is investing up to $1.6 billion in Toronto-based enterprise AI company Cohere, joining Nvidia, Bell, and Germany's Schwarz Group in one of the largest government AI bets in the Western world.
Bain & Company says the AI industry needs $6 trillion in annual revenue by 2031 to justify current infrastructure investment — but current trajectory puts it at roughly $1.8 trillion, leaving a $4.2 trillion gap.
Tech companies have cut 142,000 jobs in 2026 while committing roughly $700 billion to AI infrastructure — with entry-level software engineering jobs down nearly 20 percent and profitable companies explicitly tying layoffs to AI investment acceleration.
Jeff Bezos publicly dismissed AI bubble concerns on CNBC, arguing that even a bubble-driven buildout creates lasting infrastructure value — while revealing he is backing a $6.2 billion physical-world AI startup.
The Stanford HAI AI Index 2026 is the year's most rigorous benchmark of where AI actually stands. Here are the 12 findings that matter most for businesses, policymakers, and anyone making decisions about AI.
More than $3 billion has flowed into AI-powered precision agriculture for crop micronutrients. John Deere covers 5 million acres. Syngenta manages 70 million hectares. Smallholder farmers are being left behind.
OpenAI has closed a $122 billion funding round—one of the largest private fundraises in the history of technology—to fuel compute infrastructure buildout, model development, and an expanding enterprise product suite.
A new NVIDIA survey finds 89% of financial services firms plan to increase AI investment over the next 12 months, up from 65% last year, as the industry shifts from experimental pilots to measurable returns.
A new NVIDIA survey finds 89% of telecom companies plan to grow AI spending — up from 65% last year — with network automation now the industry's top AI priority ahead of customer experience.
For the first time, network automation has overtaken customer service as telecoms' top AI investment priority — a structural shift from chatbots to the infrastructure layer itself.