JUST IN: The global race for artificial intelligence has entered a more aggressive phase, with new models, increased infrastructure spending, signs of energy scarcity, and valuations that are already approaching levels difficult to justify with traditional metrics.

Anthropic, OpenAI, xAI, Meta, Alibaba, and ByteDance are leading a new escalation in models, computing power, and capabilities. Demand for inference is growing faster than the supply of FLOPS, anticipating upward pressure on prices and a migration toward more efficient models.