The infrastructure arms race just got a price tag. Meta signed a $27 billion compute deal with Nebius, data center construction spending just overtook office building in the US. The picks-and-shovels layer isn't a bet on AI anymore. It's the foundation. When cooling startups hit unicorn
The AI economy is splitting in two, and this week showed exactly where the fault line runs. Atlassian cuts 10%, Block axes 4,000, and Meta's Avocado misses its own bar. Meanwhile Tesla grows headcount, Nvidia preps inference chips with OpenAI locked in as a customer, and Alibaba
The EU isn't picking at the edges of AI anymore, it's coming for the whole stack. Teresa Ribera's probe covers Nvidia's GPUs, foundation models, cloud infrastructure, and training data, while Microsoft launches health AI and Mind Robotics pulls $500M on day one.