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Alibaba Cloud May Boost AI Spending to $69 Billion

NextTech Today Editors -
Alibaba Cloud is reportedly weighing a major capex increase to $69B over three years, signaling China’s escalating race to build AI infrastructure and data centers.
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Snowflake Unveils Cortex Code, Its AI Coding Agent

NextTech Today Editors -
Snowflake launches Cortex Code, an AI agent designed to automate data engineering and analytics, aiming to speed enterprise AI development with secure, context-aware tools.
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Anthropic AI Tool Sparks $285 Billion Market Rout

NextTech Today Editors -
Anthropic’s new AI assistant for legal teams triggered a global software sell-off, erasing $285B as investors fear automation will disrupt tech and services firms.
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Belgian AI Scale-Up Runeasi Raises €1 Million

NextTech Today Editors -
KU Leuven spin-off Runeasi secures €1M to expand its AI-powered running analysis platform, helping coaches and physiotherapists deliver data-driven training insights.
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Big Tech Plans $650 Billion AI Spending Spree in 2026

NextTech Today Editors -
Alphabet, Amazon, Meta, and Microsoft forecast record $650B in 2026 AI infrastructure spending, sparking growth, market jitters, and economic uncertainty.
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