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The biggest US tech firms now plan to spend as much as $725 billion this year on capital expenditures, primarily on AI data center equipment. Morgan Stanley now sees hyperscaler capex approaching $800B / $1.1 trillion in 2026 / 2027 (versus $765B / $950B) prior. That means we will also to need a lot of energy and raw materials for that !!! Source: Bloomberg, Morgan Stanley
The project’s “Orb” device, which scans irises in exchange for tokens, raising concerns about permanent biometric data collection and consent—echoed by Edward Snowden and researchers like MIT. It highlights regulatory pushback and bans across multiple countries. Some are pointing out that the project’s team of selling large amounts of tokens while supply increases, contributing to price decline, and portrays broader ethical and legal concerns around the project.

