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Fortune 33 ● 7 sources
Apollo Chief Economist Torsten Slok argued that the AI spending surge is stalling because compute demand growth has slowed and firms haven’t yet reaped productivity gains.
TechCrunch 3 days ago 2
AI agents are increasingly being delivered through text messaging so users can delegate actions like scheduling, research, and shopping without downloading separate apps. Instinct has a $10 billion valuation after raising $1 billion in September 2026. The result is a growing set of message-based assistants with varied pricing and capabilities, including work, family, and travel agents, that operate across SMS/iMessage/RCS and connected apps.
Fortune 3
The author sold Tink to Visa for $2 billion and later used that exit to fund a new platform, Freda, aimed at handling compliance problems they say slowed their company down. The article says Tink reached 700 people and operated across 19 markets before the compliance workload increasingly expanded. As a result, the author is backing AI to help founders manage nuanced, fast-changing compliance demands rather than relying on document-based or chatbot approaches.
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TLDRocket
27 October 2026
The biggest AI thread today wasn’t a new demo—it was the bill for running AI. As Anthropic moved toward an IPO, its S-1 filing made investors do math: revenue was $16.29 billion for the six months ended June 30, while compute and infrastructure expenses climbed to $8.95 billion in the first half of 2026. CFO Krishna Rao’s question is now about whether fast growth can turn into durable unit economics when chips, power, and capacity commitments keep rising.
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