Overview
- Investors expect the AI landscape to divide into private startups, listed spenders, and infrastructure suppliers in 2026, according to Blue Whale’s Stephen Yiu.
- Big Tech’s shift to asset‑heavy models with GPUs, data centers and power needs raises margin risk if incremental AI revenue trails costs.
- The Bank of England cautioned that stretched valuations tied to AI could lead to a sharp correction.
- Oracle signaled third‑quarter revenue below estimates and lifted next year’s capital expenditure target to about $50 billion, pressuring its shares.
- Nvidia posted $57 billion in revenue for the October quarter, highlighting widening gaps between AI winners and laggards.