According to CoinMeta, as reported by The Washington Post, artificial intelligence companies are competing for funds at a record pace. Due to the high construction costs, Silicon Valley giants are also rapidly depleting their cash reserves and are now competing to raise funds for data centers, chips, and equipment. This month, Meta plans to raise up to $95 billion by selling stocks, with AMD and NVIDIA also participating. Anthropic is preparing one of the largest IPO in history, while OpenAI is seeking $30 billion in financing, with a valuation of over $1.4 trillion.