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The Marked Chart Wire · Tech and AI
AI Spending
Gartner forecasts $7 trillion in infrastructure outlays through 2030 versus $3.6 trillion in income, leaving over $4 trillion exposed to potential write-downs by 2032. CoreWeave debt yields topped 15% and Firmus shelved its IPO.
Block AI
The company revealed a model that processes audio directly without text conversion. It was trained on human dialogue using a single NVIDIA hardware unit.
AI Spending
Andy Jassy notes that running artificial intelligence models costs roughly 10 times more than needed for general software adoption. The retailer plans $220 billion in 2026 spending and has locked in $225 billion in future chip deals.
AI Spending
Nvidia CEO Jensen Huang said capital demand outstrips supply for AI infrastructure, though he expects the shortage to resolve. Goldman Sachs estimates AI spending will reach $7.6 trillion from 2026 to 2031.
Oracle AI
Oracle pledged $1 billion over four years to back its partner network. The funds will cover training, technical support and cloud migration for systems integrators and software vendors.
AI Spending
Meta's Muse product is performing well, but its success highlights broader questions about whether artificial intelligence spending delivers expected financial returns for companies.
Australian Data Centers
Less than a quarter of dozens of computing facilities in Sydney and Melbourne have secured confirmed electricity. NEXTDC shares plunged 41.7 percent after the firm lowered revenue forecasts due to delayed grid upgrades.
Fast headlines, summarized. Not verified and not advice. Check the full story before you act.