AI firms are getting money while their stocks are losing value

In a striking trend, capital is pouring into artificial intelligence companies even as their stock values experience notable declines. Recently, tech giants Microsoft and Nvidia revealed plans to inject a staggering $15 billion into Anthropic, a prominent AI startup. This move is part of a deal where Anthropic will procure computing resources from its new investors. However, the narrative surrounding AI is not solely focused on financial transactions. Significant advancements in technology are unfolding as well. Google has introduced the third iteration of its AI model, Gemini, with CEO Demis Hassabis of DeepMind asserting it aims to replace superficial responses with deeper insights. Yet, for those who appreciate a bit of charm in their interactions, the desire for a chatbot to provide compliments remains. Despite the advancements, investor confidence seems shaky. On a challenging Tuesday, shares of industry leaders such as Nvidia, Amazon, and Microsoft fell, leading to the S&P 500's fourth consecutive day of losses — marking its longest downturn since August. If Nvidia fails to meet expectations in its upcoming earnings report, analysts predict that the S&P 500 could see further declines. The downward trend continued with Asian markets following suit, primarily influenced by technology stocks. In a related development, Anthropic's valuation has soared to approximately $350 billion following the investment announcements from Microsoft and Nvidia. In other news, Google’s latest AI model, Gemini 3, promises to require less prompting for accurate responses, marking a significant update since the launch of Gemini 2.5 eight months ago. This rollout is expected in the coming weeks, showcasing Google's commitment to AI innovation. On a more alarming note, U.S. Senators have called for an investigation into a crypto firm associated with former President Trump, which allegedly sold tokens to North Korean hacking entities and an Iranian exchange. Meanwhile, Goldman Sachs has highlighted a dominant player in the AI supply chain that could see its revenue forecasts more than double by 2030. Lastly, EQT, a leading private market investor, is expanding its focus on Asia, anticipating substantial growth opportunities in the region. The firm recently raised over $10 billion for its ninth Asia private equity fund, aiming to capitalize on the burgeoning demand in the region's private equity and infrastructure sectors.