Stelian Balta
1.8K posts
@stelyb
founder&ceo @ hyperchain capital digital assets (since '12) compute & intelligence
Morgan Stanley has again raised its capex forecasts for the five hyperscalers Amazon, Alphabet, Meta, Microsoft, and Oracle. It now expects them to spend about $805bn this year, up from a previous estimate of $765bn. For next year, the forecast has been lifted from $951bn to $1.1TRILLION. To put that into perspective, their 2026 spending alone would be roughly equal to what all non-tech companies in the S&P 500 spent combined in 2025. The expected ~$800bn for 2026 is nearly double 2025 levels and about three times what was spent in 2024.
We're incredibly proud to congratulate our co-founder and CTO, @matei_zaharia, on receiving the ACM Prize in Computing for his development of distributed data systems that have enabled large-scale machine learning, analytics, and AI. Matei's open-source contributions have fundamentally changed how organizations work with data and AI — including Apache Spark™, Delta Lake, and MLflow. Researchers, nonprofits, startups, and enterprises across every industry have built on the foundation he helped create. Now he's pushing the frontier further, focusing on building and scaling reliable AI agents through open-source research like DSPy and GEPA. Matei, this recognition is so well deserved. We're honored to build alongside you every day. awards.acm.org/about/2025-acm…
Nscale has raised the largest Series C round in Europe at $2 billion, led by Aker ASA and 8090 Industries. This round values Nscale at $14.6 billion. This investment fuels our global expansion, accelerates regional capacity, expands our engineering and operations teams, and strengthens the platform layer, powering training and inference at scale. Today, we also welcome three new Directors to our board: Sheryl Sandberg, Susan Decker, and Nick Clegg. Each brings substantial global depth across technology, policy, operations, and governance to an already world-class collection of business leaders. Hear from our Founder & CEO Josh Payne on what’s next. Read the full press release here: nscale.com/press-releases…
