The Anthropic website on Friday, Aug. 22, 2025. <\/p>\n
Gabby Jones | Bloomberg | Getty Images<\/p>\n
Money keeps flowing into artificial intelligence companies but out of AI stocks.<\/p>\n
In what looks like \u2014 once again \u2014 a scenario of the left hand scratching the right, Microsoft<\/a> and Nvidia<\/a> will be investing a combined $15 billion into Anthropic, while the OpenAI competitor has committed to buying compute power from its two newest stakeholders. At this point, it seems as if a big proportion of AI news can be summarized as: “Company X invests in Company Y, and Company Y will buy things from Company X.”<\/p>\n Okay, that’s unfair. There are a lot of developments in the AI world that are not about investments but, well, development. Google<\/a> unveiled the third version of Gemini, its AI model, which Demis Hassabis, CEO of Google’s AI unit DeepMind, said “will be “trading clich\u00e9 and flattery for genuine insight.” (But I still want an AI chatbot to compliment me on my curiosity when I ask how to cut a pear, so I’m not sure if that’s a pro for me.)<\/p>\n Investors, however, still appear skeptical about AI. Major names such as Nvidia, Amazon<\/a> and Microsoft<\/a> tumbled Tuesday stateside, giving the S&P 500 its fourth straight session in the red \u2014 the longest decline since August.<\/p>\n And if Nvidia \u2014 “the top company within the top industry within the top sector,” as CFRA’s chief investment strategist Sam Stovall puts it \u2014 fails to satisfy investors’ expectations when it reports earnings Wednesday, we might be seeing the S&P 500’s slide extend.<\/p>\n What you need to know today<\/p>\n The S&P 500 falls for a fourth consecutive day. Other major indexes also moved lower Tuesday stateside<\/a>, while bitcoin<\/a> prices dropped below $90,000<\/a> before recovering.\u00a0Europe’s regional Stoxx 600<\/a> sank 1.72% and touched its lowest level in a month<\/a>.<\/p>\n Anthropic signs deal with Microsoft and Nvidia. Microsoft announced Tuesday it will invest up to $5 billion in the startup, while Nvidia will put in up to $10 billion. That puts Anthropic’s valuation around $350 billion<\/a>, according to a source.<\/p>\n Google announces its latest AI model Gemini 3. Alphabet CEO Sundar Pichai said Tuesday it will require “less prompting” for desired answers<\/a>. The update comes eight months after Google introduced Gemini 2.5, and will be rolled out in the coming weeks.<\/p>\n U.S. Senators urge investigation into Trump-linked crypto firm. World Liberty Finance, heavily owned and run by the Trump family, sold tokens to a North Korean hacking organization<\/a>, an Iranian crypto exchange and others, according to a corporate watchdog<\/a>.<\/p>\n [PRO] Potentially resilient stocks amid AI slump. There are some global stocks and non-equity asset<\/a>s that could weather the turbulence in U.S. tech names happening recently, strategists told CNBC.<\/p>\n And finally…<\/p>\n Oleksii Liskonih | Istock | Getty Images<\/p>\n Diplomatic spat between Tokyo and Beijing threatens Japan’s already fragile economy<\/a><\/p>\n