Daily Digest
GenAI Daily - February 2, 2026: Software Sector Selloff, xAI's $20B Round, Enterprise Pragmatism Takes Hold
Top Story Software companies are facing their first major reckoning of the AI era as investors demand proof of profitability from AI features. After two years of betting on AI integration promises, the first earnings season of 2026 has triggered a violent rotation away from general software providers toward hardware