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Even as global conflict rages and economic worries mount, there's one force that seems

unstoppable. The Silicon Valley fundraising press release printer. Every few months for the past

couple of years, leading artificial intelligence labs OpenA.I. and Anthropic

have reliably announced some new funding round or strategic partnership or ships for equity deal or else.

As the announcements marched on, so too did their valuations, with the Sam Altman-led Open AI developer now pegged at $840 billion, and its arch rival at $380 billion.

Beneath the bravado, though, are unmistakable signs of strain in this historically prolific

funding machine. That tension is the focus of this week's viewsroom.

It's Amy. And it's Jonathan, and this is the Viewer this week's viewsroom. It's Amy.

And it's Jonathan.

And this is the views room.

Your weekly dive into the biggest topics in business and finance.

And Amy, this is just about the biggest topic in finance these days.

You taught up all of the various commitments that, say, Microsoft and Oracle and Google and

Amazon and et cetera have made, and you get to something

like 2% of last year's US GDP that they're promising to spend on data centers that are

stuffed with the chips that will run OpenAI or Claude or etc. And so, you know, you have this

kind of really, really, I think what is a world historic investment wave coming behind people being able to ask the computer to make an image of JD Vance wearing a particular hat, which is kind of beautiful in its way.

...