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Jon Keegan

One thing AI is already taking over: the Nobel Prize

2024’s second AI-related Nobel Prize, this time for chemistry, was awarded to a group of scientists who solved one of the grand challenges of chemistry, predicting and designing the structure of proteins, by harnessing the power of artificial intelligence.

Splitting the prize, the Royal Swedish Academy of Sciences recognized the work of Demis Hassabis and John M. Jumper for developing AlphaFold2, an AI model which they used to predict the structure of virtually all 200 million known proteins, the building blocks of life.

Hassabis is the cofounder and CEO of Google DeepMind and Jumper is its director.

The prize committee said AlphaFold2 “has been used by more than two million people from 190 countries. Among a myriad of scientific applications, researchers can now better understand antibiotic resistance and create images of enzymes that can decompose plastic.”

The other half of the prize was awarded to University of Washington biochemist David Baker, for building computational tools used to create entirely novel proteins, which has long been a dream of researchers. Since creating the first new protein in 2003, “his research group has produced one imaginative protein creation after another, including proteins that can be used as pharmaceuticals, vaccines, nanomaterials and tiny sensors,” the award committee wrote.

As the field of AI explodes with new models and businesses rushing to convince the public that AI is the future of computing, these AI-related breakthroughs stand as noteworthy examples of the technology’s potential benefit to humanity.

Hassabis is the cofounder and CEO of Google DeepMind and Jumper is its director.

The prize committee said AlphaFold2 “has been used by more than two million people from 190 countries. Among a myriad of scientific applications, researchers can now better understand antibiotic resistance and create images of enzymes that can decompose plastic.”

The other half of the prize was awarded to University of Washington biochemist David Baker, for building computational tools used to create entirely novel proteins, which has long been a dream of researchers. Since creating the first new protein in 2003, “his research group has produced one imaginative protein creation after another, including proteins that can be used as pharmaceuticals, vaccines, nanomaterials and tiny sensors,” the award committee wrote.

As the field of AI explodes with new models and businesses rushing to convince the public that AI is the future of computing, these AI-related breakthroughs stand as noteworthy examples of the technology’s potential benefit to humanity.

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Alphabet, Amazon, Microsoft, and Meta plan to spend more than $700 billion on capex this year

Big Tech’s big capital spending continues to surge even higher than the companies had previously expected.

Alphabet raised its 2026 capex outlook to between $180 billion and $190 billion, up from $175 billion to $185 billion. Meta increased its 2026 forecast to $125 billion to $145 billion, up from $115 billion to $135 billion. Microsoft, meanwhile, said it’s planning on spending $190 billion this calendar year, about $55 billion more than the FactSet analyst consensus. Amazon, the lone outlier, didn’t boost its capex forecast, keeping it at a cool $200 billion.

Combined, Alphabet, Amazon, Microsoft, and Meta plan to spend more than $700 billion on capex in 2026, nearly double what they spent last year and $100 billion more than they’d expected just last quarter, as they continue to build out the AI infrastructure to support their AI futures.

big 4 tech capex meta microsoft google amazon
Sherwood News
Microsoft AI Tour

Microsoft’s capex outlay this year would be enough to buy every outstanding share of Disney

CFO Amy Hood said on last night’s earnings call that the company will spend $190 billion on capex in 2026.

Senate bipartisan Artificial Intelligence (AI) Insight Forum on Capitol Hill in Washington

A tale of two capex increases: Why investors are responding to Google and Meta so differently

Two Big Tech companies posted stellar earnings and upped their capex forecasts. One stock is up, one is down.

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