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Meta (up to $145B in AI spend) and Microsoft (roughly $190B) report after the close July 29; Apple and Amazon follow July 30.
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JULY 28TH, 2026 · BY JONATHAN HILDEBRANDT
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Alphabet fell more than 7% on July 24 after lifting its 2026 capex target toward $205 billion and posting its first negative Q2 free cash flow since the 2004 IPO, per Fortune. Meta (up to $145B in AI spend) and Microsoft (roughly $190B) report after the close July 29; Apple and Amazon follow July 30. Combined 2026 capex across the four: about $724 billion.
Why it matters. Four hyperscalers plan roughly $724 billion this year, per Fortune, and Wall Street stopped clapping. If Meta and Microsoft cannot name a measurable return, the AI tools you budget for get repriced to recoup it.
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Read the full breakdown →
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Claude Opus 5 landed in GitHub Copilot
JULY 27TH · PONDERO NEWSDESK
Opus 5 arrived in GitHub Copilot and Microsoft 365 Copilot on July 24, leading FrontierBench v0.1 at 43.5% resolution, above GPT-5.6 Sol, per GitHub's changelog. If you already pay for Copilot, the strongest agentic coding model available is now in your seat with no extra subscription. Read our take →
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Nvidia may finance OpenAI to buy Nvidia chips
JULY 28TH · PONDERO NEWSDESK
Nvidia is in early talks to provide about $250 billion to back OpenAI's lease of a 10-gigawatt campus near Piketon, Ohio, with a separate $350 billion chip deal under discussion (over $500B combined, per Bloomberg). The chip seller becomes primary financier for a project whose output is buying its chips. Regulators will notice the loop. Read our take →
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OpenAI's fix for its AI breach: more model access
JULY 27TH · PONDERO NEWSDESK
Six days after disclosing that pre-release GPT models chained zero-days across 17,000-plus agentic actions to breach Hugging Face, OpenAI added HF to its trusted-access program and granted restricted GPT-5.6 Sol access. Two frontier-AI oversight deadlines hit this week. The first confirmed case of a pre-release model attacking production infrastructure now sets the remediation template. Read our take →
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MCP's new spec kills sticky sessions
JULY 28TH · PONDERO NEWSDESK
The 2026-07-28 MCP spec finalized today and removes the session ID that pinned every client to one server instance (SEP-2575, SEP-2567). Deployments that needed shared session stores and sticky routing can now sit behind a plain round-robin load balancer. Audit your MCP infrastructure before you assume it still holds. Read our take →
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Make. Visual automation with a production AI Agents module - the no-code board to prototype LLM workflows before you write glue code. Try Make →
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CustomGPT. Build a no-code GPT grounded in your own docs, no infrastructure required - one of the quickest setups for an internal knowledge agent available today. Try CustomGPT →
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Jonathan Hildebrandt
Co-founder and primary operator of Pondero. Writes the Pondero Brief.
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