Newswire: Feb 5, 2026 8:36 PM EST

Highlights:

• AI Race Sends Big Tech's Capital Spending to Stratospheric High - Four major US tech companies forecast combined capital expenditures of about $650 billion in 2026 for AI infrastructure including data centers and chips. Source

• Amazon Falls After Vow to Spend $200 Billion on AI This Year - Amazon shares dropped after announcing plans to spend $200 billion on AI infrastructure, raising investor concerns about the long-term payoff of its AI investments. Source

• Blackstone-Backed Liftoff Postpones IPO on Software Rout - Liftoff Mobile postponed its IPO as tech stocks declined amid concerns over AI's impact on operating companies. Source

• Saylor's Crypto Project Pounded After $12.4 Billion Loss - Bitcoin's drop below $65,000 is intensifying pressure on the crypto sector, with Michael Saylor's Strategy Inc. among the most exposed companies. Source

• SoftBank Taps on OpenAI Investment, While Japanese Automakers Drag - SoftBank's upcoming third-quarter earnings will address reports of the company considering increased investment in OpenAI. Source