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Alphabet is planning to raise eighty billion dollars to fund its artificial intelligence buildout, selling stock to finance the kind of infrastructure spending that's becoming a defining arms race in the industry. It's a staggering bet that AI demand will justify costs that would have seemed unthinkable just a few years ago.
Meanwhile, the question of who actually gets to own that future is getting sharper. The Economist is asking whether public markets can absorb giants like Anthropic, SpaceX, and OpenAI when they eventually list. These are companies valued in the hundreds of billions, and the honest answer is that nobody really knows what fair value looks like at that scale.
And on the developer front, GitHub Copilot's new metered billing model is generating real anger. Programmers report burning through a month's worth of credits in hours, with one user calling the shift from flat subscription to usage-based pricing stressful and productivity-killing. Microsoft is learning that when you change the terms on tools people depend on daily, the backlash is swift and personal.
Keep surfing. Tech Beat out.
