Chinese AI models now account for approximately 58% of AI token usage by U.S. firms on OpenRouter, surpassing U.S. models for the first time.

Goldman Sachs has published a report analyzing the real risk of AI, contrasting the size of the market pie versus each company's share of that pie.

Google spends $6 billion in cash as AI spending continues to increase.

Alphabet CEO stated next-generation frontier models will be much larger, and asked to stop criticism regarding out-of-control capex.

AI's off-balance-sheet leverage may be much worse than it appears, according to a report shared by ZeroHedge.

IREN stock rallies 20% and related leveraged ETFs surge nearly 40% after raising its AI cloud revenue outlook following a $2.8 billion AI deal win.

Nvidia, Meta and 23 other companies signed a letter urging Washington to protect open-weight AI models; Google, Amazon and closed labs did not sign.

OpenAI plans to spend more than $30 billion on a new data center.

Data-center operator TECfusions plans to go public in a $4 billion SPAC deal with Apex Treasury, listing in New York.

White House will redirect billions in research funds toward AI and away from colleges, according to WSJ.

The White House will redirect billions in research funds toward AI and away from colleges, according to the Wall Street Journal.

The White House plans to redirect billions in research funding from universities to artificial intelligence, as reported by the Wall Street Journal.

President Trump said he would handle a possible Red Sea blockade if it occurs.

OpenAI is on pace to miss its ad revenue forecast by 90%, according to a research firm's analysis, raising questions about the financial base of AI investments.

An earnings expert advises staying with the AI trade and overweighting technology stocks, arguing the earnings season will sustain the bull market.

Microsoft agreed to spend billions of dollars on Mistral's computing infrastructure in Europe, expanding distribution of Mistral's AI models through Azure and Foundry.

OpenAI and Anthropic executives warned that the rise of cheap AI, especially from China, could lead to a dystopian future and pose unacceptable security risks without regulation, as reported by the WSJ.

AI mania cracks at 1929 valuations as oil re-ignites and leverage unwinds amid a déjà vu bubble.

IREN raised its year-end AI Cloud run-rate revenue target to more than $4 billion, with 85% now under contract, after a $2.8 billion contract haul.