Gartner: $3.5T AI Infrastructure Write-Downs by 2030

Key Takeaways

• Gartner warns $3.5 trillion in AI infrastructure assets may face write-downs by 2030
• Over 80% of neocloud providers could cease independent operations by 2030
• Koch Disruptive Technologies backs Emanate's AI industrial sales platform
• Juspay reports $75 million FY26 revenue while expanding AI products
• CodeWall raises $4 million for autonomous attack agent platform
• Google appears to poison search results to mislead AI scrapers
• SoftBank and Ericsson find 10% gains from AI on 5G networks
• Hyperscaler bond yields fell 29 basis points after ChatGPT's release
• Square launches AI kiosk at $1,999 plus $99 monthly fee
• Eventus' Frank AI wins trade surveillance award at AI in Capital Markets Awards 2026

Gartner warns $3.5 trillion in AI infrastructure spending faces write-downs by 2030

Gartner says AI providers will spend nearly $1 trillion on infrastructure in 2026 and another $6 trillion through 2030. However, AI revenue is forecast to reach only $3.6 trillion by 2030. Companies may need to write down more than $3.5 trillion in assets if returns do not meet expectations. Over 80% of neocloud providers could also be forced out of business by 2030.

Gartner AI outlook sends CoreWeave and neocloud stocks tumbling

CoreWeave stock fell sharply after Gartner predicted that over 80% of neocloud providers will stop independent operations by 2030. Gartner said AI spending will far outpace revenue, creating a serious financial gap. CoreWeave's bonds also showed signs of distress. CEO Mike Intrator said the market is overreacting and that the company's deal backlog supports its debt.

CRWV NBIS IREN stocks fall as Gartner forecasts neocloud market collapse by 2030

Stocks in CoreWeave, IREN, and NBIS dropped after Gartner released its AI infrastructure forecast. Gartner projects nearly $1 trillion in AI infrastructure spending in 2026 and $6 trillion more through 2030. Total AI revenue is expected to reach only $3.6 trillion. Gartner also predicts that over 80% of neocloud providers will cease independent operations by 2030 due to cost pressure.

Koch venture arm backs Emanate's AI push for industrial sales

Koch Disruptive Technologies invested in Emanate, a startup that uses AI to speed up industrial sales. Emanate's software pulls together customer data into one system so suppliers can respond faster. The company says its engine can help lift customer revenue by 60% to 80%. Koch, which earns over $125 billion in annual revenue, sees AI as a growth opportunity beyond just cutting costs.

Koch venture arm backs Emanate's AI-driven industrial sales platform

Emanate, backed by a16z and now Koch's venture arm, has built an AI engine for industrial sales. The platform gathers scattered customer knowledge and handles accounts around the clock. Founder Kiara Nirghin says the engine starts with human oversight and earns autonomy over time. Emanate reported potential revenue gains of 60% to 80% for customers using the system.

ReCoT framework improves propaganda detection with reasoning

Researchers introduced ReCoT, a reasoning-based system for detecting propaganda. It analyzes persuasive techniques using population-level refinement without needing extra explanation labels. On the INDI-PROPspan dataset, ReCoT achieved a macro F1_LCS of 0.364. On PTC, it reached 85 percent of the SFT upper bound. The system remains interpretable while closing performance gaps.

Juspay expands globally while investing heavily in AI

Juspay processes 400 million transactions daily and serves over 500 enterprises. The company reported FY26 revenue of $75 million, up 30 percent on a constant-currency basis. It is developing AI products including Xyne, Breeze Buddy, Breeze Universal, and Juspay Genius. The company achieved unicorn status in January 2026 and employs over 1,500 people across offices in San Francisco, Dublin, São Paulo, Singapore, and Dubai.

CodeWall raises $4M for autonomous attack agent platform

CodeWall raised $4 million in pre-seed funding to develop autonomous attack agents for enterprise security. Its agents investigate vulnerabilities across applications, identities, and infrastructure without needing credentials or internal access. The company published research showing its agent accessed a production database in under two hours. The funding will expand agent capabilities and grow teams in London.

Eventus Validus wins AI trade surveillance award

Eventus' Validus platform won Best AI Solution for Trade Surveillance at the AI in Capital Markets Awards 2026. Its Frank AI tool uses natural language processing and large language models to answer plain language queries about trading data. Users can interact with real-time data through a chat interface. Frank converts conversational prompts into scheduled reports and alerts. Eventus has won 54 awards since 2018.

Google poisons search results to counter AI scrapers

A Nozzle report claims Google is serving misleading data in search results to combat AI scrapers. Researchers analyzed 27.5 million search pages and found over 660,000 keywords with poisoned results. About 8 percent of search results pages were affected on both desktop and mobile. The altered results replace relevant links with less accurate ones, often from social media. This shift suggests Google moved from blocking scrapers to actively misleading them.

Square launches AI kiosk as Toast stock drops

Block's Square unit introduced Square Kiosk, a self-ordering terminal with a 21.5-inch screen and voice technology. The kiosk costs $1,999 plus a $99 monthly fee and requires a Square Plus or Premium subscription. Toast stock fell over 4.5% due to new competition in the restaurant kiosk market. Toast recently reported revenue of $1.91 billion and net income of $154 million in the second quarter.

AI-RAN investment choices depend on network needs

SoftBank and Ericsson tested AI link adaptation on a commercial 5G network and found about 10% gains in spectral efficiency and downlink throughput. Nokia reported over 20% combined gains from AI-assisted radio algorithms on existing platforms. Software running on current hardware offers the clearest short-term value, while accelerated platforms like NVIDIA Aerial target larger future gains. Operators must decide where AI upgrades save money based on how close their cells are to capacity limits.

AI boom reshapes corporate bond markets

Hyperscalers issued over $100 billion in bonds in 2025, about five times the 2023-2024 annual average. After ChatGPT's release in 2022, hyperscaler bond yields fell by about 29 basis points compared to other firms. Software firm yields rose by 15 basis points during the same period. The shift reflects how artificial intelligence has changed fortunes among technology companies in bond markets.

Sources

• More than $3.5 trillion in AI infrastructure spending at risk by 2030: Gartner
• Why Gartner AI Outlook Sent CoreWeave Stock, Neoclouds Reeling
• CRWV, NBIS, IREN Stocks Tumble After Gartner Forecasts 80% Of Neocloud Market Will Cease To Exist By 2030
• Exclusive: Koch’s venture arm backs a16z-backed Emanate’s push to bring AI to industrial sales
• Exclusive: Koch’s venture arm backs a16z-backed Emanate’s push to bring AI to industrial sales
• Reasoning for Propaganda Detection via Label-Guided CoT Optimisation
• Juspay expands global payments business as AI investment ramps up
• CodeWall Raises $4M Pre-Seed to Bring Autonomous Attack Agents to Enterprise Security
• Eventus' Validus platform named Best AI Solution for Trade Surveillance at the AI in Capital Markets Awards 2026
• Google poisoning search results for AI scrapers, rank trackers, new report claims
• TOST Stock Tumbles As Square Rolls Out AI Voice Kiosk Aimed At Restaurants
• Which AI-RAN investment makes sense for an operator? (Analyst Angle)
• Financing the AI boom: Winners and losers in corporate bond markets