small cap AI stocks
OpenAI Burned $3.7 Billion in Q1 and Filed for a $1 Trillion IPO in the Same Week
OpenAI made $5.7 billion in the first quarter of 2026. It spent $3.7 billion of that. Both numbers tripled year on year. The company then filed confidentially for an IPO that a source told Reuters could value it at up to $1 trillion. There is a version of this story where the revenue growth curve…
Broadcom’s Record Quarter Crashed the Semiconductor Sector, the EU Clock Is Ticking, and Anthropic Warned About Its Own Technology
Broadcom reported the best quarter in its history on June 3. Revenue up 48%. AI chip sales up 143%. A $100 billion semiconductor revenue forecast for fiscal 2027. The stock fell 14% the following day. By June 5, the semiconductor sector had lost $1.3 trillion in market cap and the Nasdaq had posted its worst…
OpenAI API Price Hikes, Meta Layoffs, SAP Acquisition: The AI Week Unpacked
Google I/O ran Tuesday and Wednesday and the headlines were about Gemini models and smart glasses. The more important story landed Monday morning, before the keynote started. Blackstone committed $5 billion to a joint venture with Google to bring TPU compute-as-a-service to market, the first serious structural challenge to Nvidia’s grip on AI infrastructure in…
