This weekly update saw major developments in AI trading. Thinking Machines raised $2 billion at a $10 billion valuation for its autonomous agentic AI systems, marking one of 2025's largest funding rounds. President Trump announced a $92 billion U.S. investment initiative targeting AI infrastructure and tech manufacturing to counter China's progress.

In stock markets, Palantir (PLTR) continued its meteoric rise with 418% annual gains despite a 670 PE ratio, as traders bet on its AI software leadership. Meta (META) surged 32% in three months, nearing a $2 trillion valuation ahead of its July 31 earnings, fueled by AI-driven ad pricing and user engagement.

Concerns emerged about AI market overheating, with Meta's $68 billion 2025 infrastructure spend and China's rapid progress despite U.S. sanctions adding volatility.