Overview
- Reporting indicates Apple signed a multi-year agreement to integrate Google's Gemini AI and cloud services into its devices, and Alphabet briefly surpassed $4 trillion in market value after the news.
- BCG’s AI Radar 2026 finds companies plan to double AI investment this year to roughly 1.7% of revenue, with 72% of CEOs now the primary AI decision-makers and about 90% expecting measurable returns from AI agents in 2026.
- Axis Capital’s survey shows a confidence gap on AI’s cybersecurity impact, with 19.5% of CEOs not confident versus 30% of CISOs, and 82% of respondents planning to increase cybersecurity budgets over the next 12 months.
- Hardware signals point to an early but heavy AI infrastructure cycle, as TSMC guided about 40% capex growth and hyperscalers logged roughly $400 billion in 2025 capital spending, a jump of nearly 70% from 2024.
- Investor positioning reflects both enthusiasm and concentration risk, with multiple analyst price-target hikes for Alphabet and AI-focused ETFs holding it among top weights, alongside warnings that broad indexes are increasingly dominated by a few AI leaders.