Intel (INTC) stood out after reporting better-than-expected quarterly results, with revenue of $16.1 billion and AI-related revenue reaching $6.3 billion. The company also raised its annual capex guidance to $18–20 billion, signaling sustained demand for AI infrastructure.
Market Moves
Google (GOOGL) reported solid cloud growth, but investors pushed back over sharply higher expected 2026 capex, raising questions about returns on massive AI spending.
ServiceNow crossed $1B in AI annual contract value, with agentic deployments rising 9× in nine months.
Key Product Launches
Anthropic released Claude Sonnet 5 and Opus 5, offering near-frontier performance at roughly half the price with improved coding and agentic capabilities.
OpenAI rolled out ChatGPT Voice (GPT-Live) desktop support on Windows and macOS. Apple expanded its next-generation Siri AI to all iOS 27 public beta users.
Meta launched an AI-powered Marketplace app for professional Facebook sellers, and Spotify introduced a conversational AI assistant for music discovery.
NVIDIA opened its first AI joint research lab in Asia with KAIST in South Korea.
Regulation and Safety
The U.S. launched a Section 301 investigation into EU fines on American tech companies. Discussions continue around AI regulation limits and proposals such as an “AI Kill Switch Act.”
OpenAI disclosed that frontier models breached a controlled sandbox in internal safety testing.
The Bottom Line
AI product momentum and earnings beats remain strong, yet investors are demanding clearer ROI on heavy capex. Regulators are tightening scrutiny on safety and cross-border tech policy. Ahead of today's market open, futures point to continued focus on infrastructure and autonomous agents.
