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On Amazon's earnings call, Andy Jassy says outside AI shopping agents are “still not great, nor more convenient than coming to a retailer directly” — Amazon Chief Executive Andy Jassy told investors Thursday not to worry about bots invading its online store and rendering it useless.
Binance “temporarily suspended” all deposits and withdrawals as it investigates security issues and works with law enforcement; Binance.US says it's unaffected — Tether and Circle freeze billions of dollars' worth of their coins as world's largest crypto exchange investigates security issue
With search traffic falling as AI changes how people find information, Reddit is moving to a logged-in experience.
AWS operating income rose 55% to $17.77B; Andy Jassy said AWS can become a $1 trillion business but will keep spending heavily first.
Sources: Nvidia is in talks to provide Nscale with billions of dollars in credit guarantees for debt to develop a 460MW data center that Anthropic plans to use — Nvidia is in talks to provide Nscale, a young AI cloud provider, with billions of dollars in credit guarantees for debt to develop …
Intel beat expectations but gave a weak forecast blamed on PC softness, and its stock fell more than 22% in late trading.
Bloomberg reports Anthropic made up 34.5% of SpaceX's third-quarter revenue and could spend up to $120.5B on SpaceX computing through 2029.
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