Microsoft and Nvidia are investing $5 billion (€4.3 billion) and $10 billion (€8.6 billion) respectively in Anthropic. The creator of Claude has committed to spending $30 billion on cloud services with Microsoft. The deal reduces OpenAI's dependence on the AI industry. The AI sector is seeing a shift in the balance of power. For years, Microsoft was closely linked to ChatGPT creator OpenAI through substantial investments and collaboration. Microsoft is now investing up to $5 billion in Anthropic, while chipmaker Nvidia is committing up to $10 billion. Both parties are committing to the next round of financing for the ChatGPT competitor.
The launch of ChatGPT by OpenAI in November 2022 marked a turning point in the AI landscape, igniting the broader AI boom. This generative AI tool demonstrated practical applications for everyday users, from content creation to coding assistance, sparking massive public interest and investment. Tech giants poured billions into AI development, while startups flooded the ...
Masayoshi Son isn't known for half measures. The SoftBank founder's career has been studded with brow-raising bets, each one seemingly more outrageous than the last. His latest move is to cash out his entire $5.8 billion NVIDIA stake to go all-in on AI, and while it surprised the business world on Tuesday, it maybe should not. At this point, it's almost more surprising when the 68-year-old Son doesn't push his chips to the center of the table.
The amount of money being spent on artificial intelligence is astronomical. Investors have lavished the top tech companies and startups alike with hundreds of billions of dollars - so much so, in fact, that an estimated 92 percent of US GDP growth now comes from AI. If trends continue in 2026, conservative estimates peg the spending from just the "largest technology firms" at $550 billion.
The company's chief executive, Johan Svanstrom, said AI was "becoming absolutely central" to the running of the business and its plans for the future. But investors were less enthusiastic, and Rightmove's shares had sunk by more than a quarter at one point on Friday. Rightmove announced plans to invest 60m over the next three years and a large part of this investment will focus on AI.
From the reciprocal, and some have said circular, nature of hundreds of billions in commitments in investment, tied to future chip purchases, to the extent to which GDP growth is reliant on this boom, some have said this is a bubble. A Harvard economist estimates 92% of US GDP growth in the first half of 2025 was due to investment in AI.
The platform simplifies social media engagement by automating conversations through Instagram, Facebook, and WhatsApp. What started as a messenger automation startup has evolved into a global community of over one million users across 170 countries, backed by a team of more than 350 employees. In April 2025, Manychat announced it had raised $140 million in growth capital led by Summit Partners to accelerate AI innovation, global expansion, and product development. This milestone underscores the company's accelerating momentum and growing influence in the creator economy.
The broad index of large-cap companies in the S&P 500 closed flat, but the tech-heavy Nasdaq 100 rose 0.55%. Tech stocks were led by Nvidia, which was up 3%, and now has a market cap of more than $5 trillion. (Its stock is down 0.7% premarket this morning, suggesting that some traders are taking their overnight gains.) To put that in perspective, Nvidia's market cap is bigger than the GDP of every G7 country except the U.S. and Japan.
Is the UK truly becoming an AI hub as US tech giants pour in billions? A multibillion-dollar deal is being hailed as proof that Britain is becoming a global hub for artificial intelligence, with major United States tech companies investing heavily. But the reality is a little less straightforward. On today's show, we ask: how much power, and how much of your personal data, are you willing to hand over to tech companies?
Rishi Sunak has been appointed as a senior adviser by the US technology companies Microsoft and Anthropic. The former British prime minister's pair of new jobs emerged on Thursday in letters published by Westminster's office of the Advisory Committee on Business Appointments (Acoba). They add to his roles as a senior adviser to Goldman Sachs International, the investment bank, and speechmaker to investment firms including Bain Capital and Makena Capital in the US, which have netted him over 150,000 a talk.