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After a $2.5 Trillion Wipeout, Tech Investors Brace for More Pain

A stock rally fueled in part by artificial intelligence is being tested after Democrats’ landslide election victories.

© Brendan McDermid/Reuters

Yesterday’s $2.5 trillion sell-off of major tech stocks has investors on edge about the durability of the artificial intelligence sector.

OpenAI and Anthropic Set Up ‘War Rooms’ to Fight Disinfo About Midterm Elections

OpenAI, Anthropic and other tech companies have vowed to protect Tuesday’s elections from efforts to undermine democracy.

© Heather Diehl for The New York Times

OpenAI employees work inside the company’s Election Operations Center in San Francisco.

The Tech Tumult Rocks Wall Street

Investors are growing nervous about the huge spending bills that tech giants are amassing to pay for their bets on artificial intelligence.

© Brendan Mcdermid/Reuters

Tech stocks sold off heavily on Friday.

Investors Brace for Big Tech’s A.I. Spending Bill

Tech stocks have rebounded before pivotal earnings reports from artificial intelligence hyperscalers like Google and Microsoft.

© Dimitar Dilkoff/Agence France-Presse — Getty Images

Strong demand for Azure, Microsoft’s cloud computing offering, has helped bolster the tech giant’s bottom line.

In Anthropic I.P.O., Goldman and Morgan Stanley Slug It Out for Top Bank

Anthropic named the Wall Street firms lead underwriters on its upcoming public offering, a role that will generate generous fees and enormous prestige.

© Victor Llorente for The New York Times

The Goldman Sachs headquarters, center, in Lower Manhattan.

In Anthropic I.P.O., Goldman and Morgan Stanley Slug It Out for Top Bank

Anthropic named the Wall Street firms lead underwriters on its upcoming public offering, a role that will generate generous fees and enormous prestige.

© Victor Llorente for The New York Times

The Goldman Sachs headquarters, center, in Lower Manhattan.

Meta and SpaceX to Raise Billions More to Fund A.I. Ambitions

The race to build artificial intelligence infrastructure is consuming increasingly enormous amounts of cash at the biggest tech companies.

© Gabriela Bhaskar/The New York Times

Mark Zuckerberg, chief executive of Meta. The company aims to raise up to $95 billion to invest in A.I. infrastructure.

Musk Is Predicting ‘Guppy-level Death’ for Scores of A.I. Companies

Elon Musk sees many artificial-intelligence infrastructure companies being shut out of the debt market, a warning that could weigh on markets.

© Haiyun Jiang for The New York Times

Elon Musk is the latest to warn of an A.I. shakeout, singling out neoclouds as facing “guppy-level death and consolidation.”
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