The AI lab's commitment is roughly 40% of Google Cloud's disclosed revenue backlog — and arrives three weeks after Alphabet announced up to $40bn flowing the other way, into Anthropic itself.
The Financial Stability Board says AI now drives more than a third of private-credit deals, up from 17%, and warns a valuation correction or electricity-supply shortfall could leave investors with 'sizeable' losses.
The iPhone maker will pay $25 to $95 per device to US buyers of the iPhone 15 and 16, ending a class action that argued Apple's AI marketing promised features the company has yet to ship. Apple admitted no wrongdoing.
Mark Zuckerberg told Meta employees the layoffs are a direct consequence of the company's ballooning AI infrastructure budget, set to nearly double in 2026.