Two AI infrastructure stories are worth watching together today. On one side, Google is locking in power. The company plans to invest at least €13 billion in AI infrastructure in Finland over the next two years and has signed its first long-term nuclear power agreement outside the U.S. Under the deal, Google can purchase up to 50% of the output from one unit at Finland’s Loviisa nuclear plant for 22 years. On the other side, Verizon is locking in fiber. Corning has signed a multibillion-dollar long-term supply agreement with Verizon to provide more than 80 million miles of high-density fiber and connectivity products from 2027 through 2032. At first glance, one story is about nuclear power and the other is about fiber. But they are really answering the same question: Once hyperscalers keep
Amazon Falls 2.3% — Bezos Overhang or Scrutiny Over AI Spending?
Amazon −2.32% Tuesday, down on a day the S&P 500 and Dow both set records, still absorbing Monday evening's filing from Bezos to sell 15 million shares. Meanwhile the company is using Prime Video as its AI showcase — proof, it argues, that the spending has somewhere to go. The same week, its earnings call drew the sharpest questions yet on capex and returns. A $3 trillion market cap moved the debate from how big Amazon is to whether the money is well spent. One signal is a founder selling; the other is a narrative that hasn't cleared yet. Which one is actually informative?
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