Venture capital investment in crypto and blockchain companies reached $5.68 billion across 384 deals in the second quarter of 2026, representing a 31% increase from Q1 and a 10% rise in deal count, according to Galaxy Research.
Global spending on AI data centers is set to reach $31.6 trillion through 2050, according to PricewaterhouseCoopers analysis. The investment boom, which PwC says has no historical precedent, is driving surging demand for power infrastructure, cooling systems, and construction as data center spending rose nearly 60% year-over-year in July 2026.
The SEC is investigating the timing of trades that led to steep losses at AI-focused hedge fund Situational Awareness in July, and has sent subpoenas to major Wall Street banks seeking information about the fund's trades and use of leverage.
IMF Managing Director Kristalina Georgieva stated that artificial intelligence investment is expanding beyond the United States and becoming a broader driver of global economic growth, even as the world economy faces challenges from inflation, debt, and trade tensions.
