Analysts expect large tech companies to spend over $1 trillion next year
2026-08-12 09:33:35
According to CoinMeta, analysts expect that the super cycle of AI funding has arrived, with large tech companies set to spend over $1 trillion next year. This week, Nvidia signed a $500 billion AI financing agreement with the largest company on Wall Street. The sale of $20 billion in shares from Intel attracted more than $100 billion in demand, CoreWeave's revenue doubled, and it revealed a backlog of orders worth $104 billion. Anthropic plans to go public within a few months with a valuation of $965 billion, while South Korea's chip exports surged by 155% in just 10 days.
Source:X
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