Capital Economics chief markets economist John Higgins argues the AI stock bubble has already deflated, while a second, rarer type of AI bubble continues to expand.

Google parent company Alphabet announced plans to invest between $175-$185 billion in capital expenditures during 2026, nearly doubling last year's spending. This massive investment in AI infrastructure represents one of the largest technology buildouts in history as the company races to maintain its competitive edge in the rapidly evolving AI landscape.

Amazon, Microsoft, Alphabet, and Meta's unprecedented AI investments spark investor fears, wiping over $1 trillion from tech stocks as resource shortages emerge.

Nvidia CEO Jensen Huang confirms a significant investment in OpenAI's latest funding round, calling it potentially the largest ever, and refutes rumors of dissatisfaction.

Survey of 2,360 executives reveals companies expect to spend 1.7% of revenue on AI in 2026, more than double 2025 levels, with 94% committed to continued investment.

Google DeepMind chief Demis Hassabis cautions that the current surge in AI investment is showing signs of a bubble, with valuations for some startups becoming disconnected from reality.

As global AI spending is set to hit $2.5 trillion, 2026 is becoming a critical year for the AI industry to prove its financial viability. Investors are now demanding tangible returns on their massive investments, creating a high-stakes environment.

OpenAI invested in Merge Labs, Sam Altman's BCI startup, writing the largest check in a $250M seed round at $850M valuation. Focuses on non-invasive brain interface technology.