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31 Mar 2026

Eric Jackson shorts Salesforce and four other software stocks, citing AI Paradox research

Hedge fund founder Eric Jackson announced short positions in five major software companies after analyzing 716 earnings calls. His research reveals an AI Paradox: companies mentioning AI most frequently underperform peers by 5.4 percentage points over 90 days, suggesting AI buzzwords mask underlying threats from AI automation rather than signal genuine business growth.

2 Sources

AI-led selloff in contract research firms may overestimate disruption risk to CRO industry

Shares of contract research organizations like IQVIA, Medpace, and Charles River Laboratories tumbled after Anthropic's February AI agent launch sparked fears drugmakers could bring clinical trial work in-house. But industry experts argue the selloff misjudges how far artificial intelligence can replace core CRO capabilities like patient recruitment and global trial execution.

2 Sources

AI startups command record venture capital as seed valuations double in unprecedented funding surge

Venture capital spending shattered records in Q1 2026, with investors pouring $297 billion into startups—nearly 70% of all 2025 funding combined. AI startups captured 81% of total investment, with seed-stage valuations doubling as companies like OpenAI, Anthropic, and xAI raised $186 billion collectively. The funding surge marks a fundamental shift in early-stage investing, where AI companies now command $40-45 million valuations on $10 million seed rounds.

6 Sources

Oracle cuts thousands of jobs to fund AI data centers as stock rises amid restructuring push

Oracle has begun mass layoffs affecting an estimated 10,000 employees across multiple divisions as it redirects resources toward AI investments and data center infrastructure. The company's stock rose 2.6% in premarket trading following the announcement, even as affected workers received termination notices. The cuts are part of a broader restructuring plan valued at $2.1 billion.

23 Sources

CoreWeave closes $8.5 billion GPU-backed loan, first to achieve investment-grade rating

CoreWeave secured an $8.5 billion delayed-draw term loan facility, marking the largest chip-backed debt deal and first investment-grade GPU-backed financing in history. The deal, backed by a $19 billion Meta contract, brings the company's total financing to $28 billion over 12 months and triggered a 12% stock surge as investors bet on AI infrastructure's long-term value.

5 Sources

Zhipu AI revenue doubles to $105M as net losses climb 60% amid fierce China AI rivalry

Chinese artificial intelligence company Zhipu AI reported a 132% surge in annual revenue growth to $105 million, but net losses widened 60% to $682 million as intense competition in China's AI market drives aggressive spending. The Beijing-based firm's first earnings since its Hong Kong IPO reveal the high costs of competing with rivals like MiniMax and Alibaba.

3 Sources

TSMC's chip capacity booked through 2028 as AI demand opens door for Samsung Electronics

TSMC's advanced manufacturing capacity is completely reserved through 2028, with major clients like Nvidia and Apple securing all 2-nanometer slots. The supply crunch driven by AI workloads has created a rare opening for Samsung Electronics, the only other chipmaker with 2nm capabilities, to capture market share in the intensifying chip race.

3 Sources

Microsoft commits $1 billion to Thailand for cloud and AI infrastructure through 2028

Microsoft announced a $1 billion investment in Thailand spanning 2026-2028, marking its largest publicly disclosed commitment in Southeast Asia. The investment will fund cloud and AI infrastructure, data centers, cybersecurity capabilities, and AI skills training for millions of Thai workers as the country positions itself as a regional digital hub.

2 Sources

30 Mar 2026

Mistral AI raises $830M in debt financing to build Nvidia-powered data center near Paris

French AI startup Mistral AI secured $830 million in debt financing to construct a new data center near Paris powered by 13,800 Nvidia chips. The facility, expected to be operational by Q2 2026, marks Europe's push for AI autonomy as demand surges from governments and enterprises seeking alternatives to US hyperscalers.

17 Sources

29 Mar 2026

Eli Lilly strikes $2.75 billion deal with Insilico Medicine to accelerate AI drug development

Eli Lilly has signed a major partnership with Hong Kong-based Insilico Medicine worth up to $2.75 billion to develop AI-powered drugs. The deal includes $115 million upfront and gives Lilly exclusive global rights to commercialize therapeutics designed by artificial intelligence. Insilico has already developed 28 drugs using generative AI, with nearly half in clinical stages.

13 Sources

AI in recruitment transforms job interviews as candidate fraud and deepfakes break hiring systems

Companies are declaring job interviews as AI-free zones after discovering candidates using generative AI to answer questions in real-time. From deepfake candidate impersonation to AI-generated submissions overwhelming recruiters, the technology is forcing employers to rethink hiring. L'Oréal now trains 200 recruiters for two years to spot AI-assisted fraud, while Gartner warns one in four candidate profiles will be fake by 2028.

3 Sources

28 Mar 2026

All 11 xAI Co-Founders Have Left Elon Musk's AI Startup Ahead of SpaceX IPO

Every co-founder Elon Musk recruited to build xAI has now departed the company. Ross Nordeen and Manuel Kroiss were the last to leave this month, completing an exodus that began accelerating after SpaceX acquired xAI for $250 billion in February. Musk says the company "was not built right the first time around" and is being rebuilt from the ground up as SpaceX prepares for what could be the largest IPO in history.

5 Sources

Sony suspends memory card sales indefinitely as AI data centers drain global chip supply

Sony has temporarily suspended orders for nearly all its SD and CFexpress memory cards, citing a global memory shortage driven by AI data center expansion. The tech giant follows Western Digital in facing severe supply chain pressures, with no clear timeline for resuming production or sales of these consumer storage products.

3 Sources

Meta funds 10 natural gas plants to power $27 billion AI data center in Louisiana

Meta has committed to funding 10 natural gas power plants in Louisiana to supply its massive Hyperion AI data center with 7.5 gigawatts of electricity—enough to power South Dakota. The $27 billion facility will draw on fossil fuel infrastructure despite the company's climate pledges, sparking concerns about methane emissions and rising electricity costs.

5 Sources

27 Mar 2026

Cybersecurity Stocks Plunge as Anthropic's Leaked AI Model Raises Unprecedented Security Fears

Major cybersecurity stocks tumbled sharply after a data leak exposed Anthropic's unreleased AI model, Mythos, which the company describes as posing unprecedented cybersecurity risks. CrowdStrike and Palo Alto Networks fell 7%, while Tenable plummeted nearly 11%. The incident highlights growing concerns about AI model capabilities and their potential to bypass current cyber defenses.

6 Sources

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