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Apollo Global Management reported that most companies outside the biggest technology firms have not yet seen financial benefits from AI, while the largest AI-linked firms have. Apollo’s analysis says revenue per worker for the S&P 493 has stayed about $550,000 since 2019. As a result, mainstream corporate spending on AI is being reframed as a cost center, with many firms pulling back and requiring clearer returns before investing further.
Volare completed Volare 01, its first industrial-scale insect protein factory in Pori, Finland. The 10,000-square-metre plant is budgeted at €15 million CAPEX and targets up to 5,000 tonnes of insect protein and 2,000 tonnes of insect oil annually. Volare says the ramp-up and new €7.1 million funding will let it scale production across Europe based on this industrial process model.
Elon Musk predicted that most of the roughly 200 neocloud providers serving AI computing will consolidate or fail, and he also said SpaceX closed a $40 billion debt deal to buy graphics chips. The deal is for debt totaling $40 billion, with chips expected in the first and second quarters of 2027. Shares for neoclouds such as CoreWeave, Nebius, and IREN fell about 2% and the financing outlook for smaller AI infrastructure providers tightened.
Apollo Global Management reported that most companies outside the biggest technology firms have not yet seen financial benefits from AI, while the largest AI-linked firms have. Apollo’s analysis says revenue per worker for the S&P 493 has stayed about $550,000 since 2019. As a result, mainstream corporate spending on AI is being reframed as a cost center, with many firms pulling back and requiring clearer returns before investing further.
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