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AI is all that matters for markets right now.
AI infrastructure companies now account for 40% of the S&P 500’s market capitalization.
At the same time, just 3 chipmaker firms represent 28% of the MSCI Emerging Markets Index.
AI-related companies also account for 49% of investment-grade bond issuance so far in 2026.
The concentration is even more extreme in private markets, with AI capturing 87% of venture capital funding year-to-date.
By comparison, in 1999, during the Dot-Com bubble, less than 40% of venture capital funding was related to internet companies.
AI has become the market.
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AI Less Than A Year Away From Developing Its Own Language, Researcher Tells Congress
AI researchers reportedly deanonymized Reddit users for about $2 in compute.
Online privacy is becoming a much harder problem than simply using a pseudonym.
AI adoption stalls as companies struggle to scale projects despite strong returns, study shows
AI is operating inside the healthcare billing system. Patients may already be paying the price
AI has a bad reputation — but calling it "super intelligence" doesn't help. The issue isn't "artificial," it's the word "intelligence."
AI Stock Rally Checked by Relentless Treasury Selloff
