Big Tech’s AI dream demands real money — but even more wishing and hoping

• Big Tech’s AI ambitions deliver funding boost to nuclear reactor race

  Developers of advanced microreactors have raised at least $1.5bn over the past year as demand soars
  
  Financial Times - 19h

• Brussels becoming more supportive of Big Tech, says Booking CEO

  Also in this newsletter: ruling party to lose outright majority in Kosovo elections
  
  Financial Times - Feb. 10

• Super Micro surges to be top performer in S&P 500 on hopes of big AI server deals

  Shares of Super Micro Computer Inc. soared Tuesday, continuing a four-day trading streak, with the stock now the best performer in the S&P 500 this year on hopes of some very hefty ...
  
  MarketWatch - 1d

• Soros fund leans into Big Tech and AI plays — but parts ways with this banking giant

  Soros Fund Management, the fund founded by billionaire investor George Soros, boosted its positions in tech plays in the fourth quarter, while selling off all of its shares in JPMorgan Chase.
  
  MarketWatch - 5d

• Big Tech’s hinterland of ideas

  Surveying the thinking that animates America’s new oligarchs
  
  Financial Times - 6d

• Tech megacaps plan to spend more than $300 billion in 2025 as AI race intensifies

  Meta, Amazon, Alphabet and Microsoft intend to invest as much as $320 billion this year into AI advancement technologies.
  
  CNBC - Feb. 8

• Guardiola hopeful Haaland can face Real Madrid

  Pep Guardiola said he is hopeful Erling Haaland will be fit for Manchester City's Champions League second-leg against Real Madrid on Wednesday.
  
  ESPN - 3d

• Source: Vini's agents send salary demands to Real

  Vinícius Júnior's agents have informed Real Madrid of their client's financial demands if he is to continue at the club beyond 2027, a source told ESPN.
  
  ESPN - 5d

• Anduril in talks to raise money at $28 billion valuation as defense-tech booms

  Anduril has signed a term sheet to raise up to $2.5 billion at a valuation of $28 billion, according to sources close to the company.
  
  CNBC - Feb. 7

More from MarketWatch

• Apple hopes adding this feature to its lower-priced iPhone will make it more enticing

  Apple’s iPhone 16e, the latest addition to its lower-cost line of smartphones, is priced higher than expected.
  
  MarketWatch - 4h

• There’s buzz around a $5,000 DOGE dividend, but this tax refund faces a lot of hurdles

  Elon Musk has promised to talk with President Trump about a proposed payout to taxpayers funded by their new Department of Government Efficiency. But the “DOGE dividend” faces some potential ...
  
  MarketWatch - 4h

• Here’s how Enovix’s soft guidance derailed the battery maker’s stock

  Softer outlook for battery maker sends its stock down 2%.
  
  MarketWatch - 5h

• Carvana says it had a record year. Why its stock is falling anyway.

  Online used-car sales platform reports better fourth-quarter results, but shares drop after hours.
  
  MarketWatch - 5h

• Cheesecake Factory says ‘distinct, high-quality’ dining is still in demand amid discounts elsewhere

  Cheesecake Factory Inc. on Wednesday reported fourth-quarter profit and revenue that were above expectations, amid demand for what executives called “distinct, high-quality dining experiences.”
  
  MarketWatch - 5h

More in Business

• China is likely to cut its benchmark policy rate next month, economists say, after PBOC keeps LPR steady

  The PBOC has in recent months sought to defend the yuan as it faces downward pressure amid threats of higher tariffs.
  
  CNBC - 7m

• Who is Friedrich Merz, the favorite to become Germany's new chancellor?

  Friedrich Merz, who is poised to become Germany's chancellor in a CDU-led government, has extensive experience as a lawyer and working with major corporations.
  
  CNBC - 18m
• 

  British Business Bank told to refocus lending on priority sectors

  Ministers want financial firepower targeted at areas highlighted in industrial strategy
  
  Financial Times - 1h
• 

  Politico’s owner praises JD Vance for ‘inspiring message’

  Mathias Döpfner says many Europeans had ‘intentionally misunderstood’ the US vice-president’s speech that caused widespread horror
  
  Financial Times - 1h
• 

  Trump’s freewheeling disruption could extend to the dollar

  The president’s conviction that US currency strength gives trading partners an unfair advantage is well known
  
  Financial Times - 1h