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Klarna CEO Sebastian Siemiatkowski, a prominent AI investor, has expressed serious concerns over the trillion-dollar spending on AI data centers.
Japanese investment giant SoftBank has sold its entire $5.8 billion stake in Nvidia to finance a massive $30 billion commitment to AI developer OpenAI.
Meta Platforms has confirmed a landmark $600 billion investment plan through 2028 to construct a vast network of AI-focused data centers across the United States.
Nvidia Corp. plans to invest up to $1 billion in AI startup Poolside, potentially quadrupling its valuation to $12 billion, marking a significant move in the AI sector.
AppLovin continues to attract significant investment from top funds, making new buy screens for six consecutive months. The company, which helps digital app developers with marketing and monetization,
Mercor, a startup vital for improving top AI models, is finalizing a funding deal that could value the company at $10 billion, a fivefold increase since February after pivoting to hire professionals f
Davidovs Venture Collective (DVC) has launched a $75 million fund for Series A and B AI startups, replacing analysts with AI tools and a network of 170 expert LPs from major tech companies.
Corporate spending on artificial intelligence has become a primary driver of the U.S. economy, rivaling consumer spending but fueling concerns of a speculative bubble.
AI sector shows increasing reliance on a few large companies for investment, raising concerns for investors and the market. Nvidia and Oracle reports highlight this concentration.
