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The race to build AI infrastructure is continuing at a record pace. Amazon, Microsoft, Alphabet, and Meta collectively plan to spend at least $720 billion on capital expenditures this year, with most of that funding directed toward AI infrastructure. Those plans build on at least $1 trillion in additional spending

South Korea’s Seoul stock market fell more than 5% amid concerns about AI regulation following the U.S. midterm elections. The report did not specify which regulatory proposals prompted the decline. However, the sharp move indicates that uncertainty surrounding AI policy was a significant factor in investor sentiment. Sources

The Pentagon's technology chief has warned that AI regulations being considered by 535 lawmakers could have consequences severe enough to kill the industry. The statement reflects concerns that an overly broad or restrictive rulemaking process could hinder AI development and deployment. The warning places national-security considerations at