Big Tech’s massive AI capital spending

Claude Opus 4.6 arrives to crown Anthropic’s very good week, at least, for them it was good. You thought tech was spending big to build out for AI, but this week we’ve seen how big. Crypto seems to have really hit a sharp bear market. And in the Weekend Longreads Suggestions, tv piracy is back, baby!

• Anthropic Releases New Model That’s Adept at Financial Research (Bloomberg)
• Anthropic debuts new model with hopes to corner the market beyond coding (The Verge)
• Big Tech to Spend $650 Billion This Year as AI Race Intensifies (Bloomberg)
• Europe Accuses TikTok of ‘Addictive Design’ and Pushes for Change (NYTimes)
• Bitcoin Falls Below $70,000 as Market Faces a ‘Crisis of Faith’ (Bloomberg)

Weekend Longreads Suggestions:

• Inside Elon Musk’s $1.25 Trillion AI and Space Megamerger (WSJ)
• Everyone is stealing TV (The Verge)

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