Artificial intelligence spending is accelerating as Meta and AMD announce a blockbuster partnership, signaling massive infrastructure investments ahead. The deal comes amid growing AI anxiety in markets, with Anthropic showcasing Claude's newest capabilities and raising questions about the pace of AI development. Investors are watching closely as the AI race intensifies.

Jamie Dimon of JPMorgan warned of echoes from the pre-2008 lending boom, adding to market jitters. The Federal Reserve's Austan Goolsbee discussed economic implications on Bloomberg Open Interest, while SambaNova's CEO addressed their recent cash raise. Baker Hughes CEO Lorenzo Simonelli joined the program to discuss geopolitical oil risks affecting energy markets.

This surge in AI spending reflects broader tech sector momentum, with major players doubling down on infrastructure despite economic uncertainty. The Meta-AMD deal particularly stands out as a strategic move to challenge Nvidia's dominance in AI chips. As companies race to build AI capabilities, investors are weighing the potential returns against mounting infrastructure costs and competitive pressures.