In AI, it’s a tale of two diverging investor classes
UPDATED 10:00 EDT / OCTOBER 23 2026 THIS WEEK IN ENTERPRISE by Robert Hof Depending on where you sit as an investor, artificial intelligence still looks like a massive opportunity,…
UPDATED 10:00 EDT / OCTOBER 23 2026
THIS WEEK IN ENTERPRISE by Robert Hof
Depending on where you sit as an investor, artificial intelligence still looks like a massive opportunity, or it’s now looking way too risky given growing infrastructure investments and the public’s souring on AI and all the data centers needed to power it.
Really, it’s both.This week saw continued big venture capital investments in AI companies such as OpenAI, DeepSeek, Legora, Otter.ai, Flapping Airplanes (really) and more.But on Thursday, continued worry about potentially excessive data center spending — such as at Meta, which plans to issue new shares to pay for even more expansion — knocked AI stocks such as SpaceX and CoreWeave way down Thursday.
That volatility isn’t likely to change anytime soon, as more big earnings reports are coming next week, including the major cloud and AI providers Amazon, Alphabet and Microsoft as well as Intel. Then there’s the prospect of Anthropic’s initial public offering of stock, which looks to vacuum up so much public investor money that some wonder if that will blunt their appetite for other AI stocks.
Still, the excitement of the people using AI, and the companies offering technologies to make it easier for them, seems to be undiminished, judging from several conferences this week, such as Nvidia’s GTC in Berlin and the PyTorch Conference and AGNTCon+MCPCon in San Jose.
Among the highlights were Nvidia introducing new reference architectures.At PyTorch, Google and Amazon Web Services offered new tools leveraging the open-source deep learning framework used to build and train AI models, aiming to wrest some control of AI factories using Nvidia technologies.
And out of AGNTCon this week came open AI agent protocols from the Linux Foundation’s relatively new Agentic AI Foundation. They’re intended to keep big tech companies from dominating the key agent protocols and rails — the perennial battle that emerges with every significant new technology. More on that below.
AI managed to find long-hidden vulnerabilities in PHP, the open-source scripting language for the web, and suddenly some 70% of websites had to scramble to apply patches — but that takes awhile, so many remain in danger and thus, so do we.
The rising capabilities of AI in finding vulnerabilities also means the defensive edge AI provided defenders so far is fading or gone already — as Mythos itself apparently proved when it tried to send malicious code to an open-source project.
This just in: Dave Vellante’s latest Breaking Analysis looks at how AI is changing the economics of the semiconductor and whether the industry’s cyclicality is over.
Many people who don’t live inside enterprise technology have at best a fuzzy idea of what ServiceNow is all about — workflow automation among other things — but now it’s looking to move into a pole position in AI.
With its new AI Control Tower, it’s aiming to discover and govern any agent, work across models and clouds, track cost and value, and shut down behavior that violates policy.In his latest Breaking Analysis, Dave looks at the reality and the prospects.
A couple of important events arrive next week, including Oracle AI World in Las Vegas, and theCUBE’s and theCUBE Research’s own timely virtual event, the AI Cybersecurity & Resiliency Summit.
Here’s all of this week’s enterprise and emerging tech news, analysis and commentary from SiliconANGLE and beyond:
Breaking Analysis: Micron’s memory boom: Is the cyclicality really ending?
Breaking Analysis: ServiceNow AI Control Tower: Selling a penthouse while building the frame
Zoom’s next act: From video company to AI data platform
How to avoid AI’s ‘valley of despair’
Why AI’s deepest mind, Demis Hassabis, believes the world is about to change radically (per the Wall Street Journal)
What will computer chips look like in 2045? Dwarkesh Patel does a deep dive with Intel
Left alone with nothing to do, AI agents started playing (per TechCrunch)
Anthropic S-1 shows red-hot growth, risks and massive computing costs (per the WSJ)
Report: OpenAI closing on $30B ‘bridge’ funding round to tide it over before IPO
DeepSeek reportedly raises $15B days after US restrictions (per Bloomberg)
OpenAI acquires Orchestra Bio to bring AI agents into drug development
Elon Musk, Anthropic pledge multibillion-dollar share donations
Year-old AI research lab Flapping Airplanes raises $1B at a reported $6B valuation
Legal AI startup Legora raises $550M at $8.8B to change the face of law
AI infrastructure management software startup ASI hits $3B valuation after raising $325M in funding
Otter.ai nabs $320M in funding for its AI meeting assistant
AI drug development startup Pathos AI closes $237M investment
Nvidia, Dell back $200M round for AI model developer doubleAI
Tractian raises $130M at $1.4B valuation for physical AI
AI work assistant startup Town secures unicorn status after raising $108M just weeks after launching
Daytona hits $1B valuation with $60M Series B fo