AI's Bill Rattles Wall Street

The Signal · 2026-07-29

AI's price tag is finally big enough to spook Wall Street. In earnings season, Google raised its capital spending forecast to as much as 205 billion dollars, up from 190 billion. Investors are getting nervous as the cost of building AI climbs.

Also today: Operators on the largest US power grid may temporarily cut data center electricity to prevent blackouts, as compute demand strains the network.

Anthropic's CEO, co-founders, and senior staff endorsed a petition calling for tools to deliberately pace frontier AI development, citing recursive self-improvement research.

That's today's Signal. Thanks for watching.