Nvidia May Guarantee Debt on Nscale’s 460MW Campus
Nvidia had disclosed $3.5 billion in guarantees for data-center-related leases by February 2026. Reported talks over Nscale’s proposed 460MW Anthropic facility would move its credit support closer to construction debt.
Binance's $2.367B Stablecoin Stop Switch
Tether and Circle said they froze at least $2.367 billion in tokens tied to Binance's 2026 incident. Binance's reported loss of roughly $6.3 billion remains preliminary.
Amazon reports Q3 revenue up 12% YoY to $201.94B, vs. $202.31B est., net income down 2% to $20.7B, forecasts Q4 revenue below est.
Operating income was $28.1 billion and operating margin was 13.9%—Amazon's highest operating margin ever AWS net sales increased 39.3% …
Binance says initial investigation suggests a compromised DevOps laptop may have enabled a ~$6.3B hack; Tether froze 1.5B+ USDT and Circle froze 800M+ USDC
Onchain data shows about $3.55 billion in incoming transfers to the unlabeled wallet, with nearly $900 million subsequently moved across other wallets.
US officials believe Megaspeed executive Alice Huang, who has a close relationship with Jensen Huang, is a Chinese asset; Trump was briefed and took no action
Jensen Huang, the chief executive of Nvidia, is influential at the White House on technology policy and has developed …
Reddit plans to require users to log in to fully access the site in response to AI scraping, and to begin tests in select markets outside the US this quarter
Reddit on Thursday said it's moving to become a primarily logged-in experience, marking one of the most significant shifts in its 21-year history.
Alphabet's stock falls 12.3%, wiping a record $500B from its market cap, after reporting negative cash flow amid its AI spending; the Nasdaq falls 1.4%
Google owner admits ‘AI mode’ has hurt traditional search as sales and profits undershoot expectations
Mistral releases the weights for Mistral Large 4, or Le Chonk, and says it rivals top open models such as GLM-5.3 on the Artificial Analysis Coding Agent Index
Mistral has released the weights for Large 4, along with some impressive Artificial Analysis scores. — ZDNET's key takeaways
NYSE owner ICE plans US-regulated Hyperliquid-based perpetual markets with Trade.xyz, a market operator on the crypto platform, and takes a stake in Trade.xyz
Intercontinental Exchange Inc. joined forces with one of the market operators behind offshore crypto-trading platform Hyperliquid …
DoorDash agrees to acquire Instacart in a ~$17B deal, paying $65 per share, a 26% premium to its October 22 close, as the platform delivery market consolidates
DoorDash (DASH.O) said on Thursday it would buy Instacart (CART.O) in a deal valued at about $17 billion, stepping up its push …
Polymarket resumes trading after a security incident with a third-party provider, which a source says is DebugBear, and says it will reimburse affected traders
Polymarket said on Thursday it had restored trading after a temporary halt prompted by a security incident involving a third-party provider …
Intel reports Q3 revenue up 21% YoY to $16.5B, vs. $16.5B est., and forecasts Q4 revenue and adjusted EPS below estimates; INTC drops 20%+
Intel shares plummeted more than 20% in extended trading on Thursday after the chipmaker issued a weak fourth-quarter forecast, citing continued softness in the global PC market.
London's High Court dismisses Meta, TikTok, and X's challenge to Ofcom's Online Safety Act information requests, rejecting arguments they were disproportionate
Meta (META.O), TikTok and X lost a legal challenge against British regulator Ofcom on Friday over information requests made under …
Reddit closed down 29.27% on Friday, the worst drop since becoming a public company in 2024, after it forecast weak Q4 revenue
Shares of Reddit cratered 29.22% on Friday, the worst drop since becoming a public company in 2024, after the company forecast weak fourth-quarter sales in its latest earnings report.
Salesforce agrees to acquire Rune, which raised ~$30M to make AI military logistics software, as it expands its year-old Missionforce defense business
Salesforce signed a definitive agreement to acquire Rune Technologies, a military software and hardware developer for logistics and sustainment.
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 …
Utah files 14 criminal charges against Kalshi and its co-founders Tarek Mansour and Luana Lopes Lara for allegedly breaking Utah's gambling laws
The state of Utah has filed 14 criminal charges, including 13 felony counts, against the prediction market site Kalshi and its co-founders …
Canada-based Cohere completes the first close of a round that it expects to total up to $5B, with Canada agreeing to invest up to $1.14B, at a $20.5B valuation
Cohere Inc., an artificial intelligence model maker, is in the process of raising a large funding round at a $20.5 billion valuation …
Alphabet, Meta, Microsoft, Amazon, and Oracle have a collective $3T+ in AI spending commitments over the coming years, including Alphabet's $1T and Meta's $800B
The five largest players in the data center race have committed more than $3 trillion in spending over the coming years …
Intel stock closed down 28.58% on Friday, its worst day since the 1970s and wiping ~$12B off US government's stake, after issuing weaker-than-expected guidance
Intel shares plummeted 29% on Friday, their worst day since the 1970s, after the chipmaker issued weaker-than-expected guidance due …
Google says its Suncatcher prototype data center satellite is online after an October 1 launch, with Gemma 4 generating a haiku about being in space
Google Suncatcher's prototype space data center is online and communicating with the ground after launching earlier this month alongside …
Salesforce acquires Rune, which makes AI military logistics software, sources say for $375M in cash and stock; Rune raised $30m from a16z and others
Salesforce is acquiring defence tech startup Rune Technologies for $375 million in a combination of shares and cash, according to two sources familiar with the matter.
OpenAI updates Model Spec to reorganize it around five values: faithfulness to human intent, harm minimization, honesty and transparency, human agency, and care
As our models get smarter and take more consequential actions in the world, it becomes increasingly important that they go beyond …
Roblox reports Q3 bookings down 12% YoY to $1.7B, vs. $1.63B est., and DAUs down 9% to 138M, vs. 145.8M est.; RBLX drops 16%+
Roblox Corp. reported a year-over-year decline in player engagement after deploying more robust child-safety measures.
OpenAI, Google, Microsoft, and Anthropic say they will adopt a new standard that publishers can use to opt out of being scraped by AI across multiple crawlers
The new control will allow publishers to apply their AI training preferences across multiple crawlers.
Anthropic renames its $100 per month Max 5x plan as Max and the $200 per month Max 20x plan as Ultra, and removes the 5-hour limit for verified Ultra accounts
We're renaming our Max plans: Max 5x → Max Max 20x → Ultra Max is still $100/month, and Ultra is still $200. If you're a subscriber, there's nothing you need to do. We're also removing the 5-hour limi...
Sources: Instagram is offering select creators $50K to $500K to cross-post their long-form YouTube content to its new “Features” product
Instagram wants what YouTube has — and it's willing to pay up to get it. — In an effort to persuade content creators to post long-form video …
Coinbase reports Q3 revenue down 35% YoY to $1.22B, in line with est., and net income up 66% to $719M, its first profit in a year, on unrealized crypto gains
Coinbase Global Inc. returned to profitability for the first time in a year while posting a quarterly decline in revenue …
Sources: Google is in talks with the DOD on a new effort to secure the data that feeds into software being built for the Golden Dome missile defense program
Alphabet Inc.'s Google is in talks with the US Defense Department to work on a new data security effort underpinning …
Source: Anthropic is “Customer B” cited by SpaceX in a filing as its single largest customer accounting for 34.5% of Q3 revenue, surpassing the US government
Anthropic PBC is SpaceX's largest single customer, a person familiar with the matter said, accounting for more than a third …
FEC data: AI-oriented PACs spent nearly $80M on the 2026 US elections, mostly before the primaries; pro-regulatory PACs outspent Leading the Future's network
To almost everyone's surprise, pro-regulatory PACs have outspent pro-industry groups in the midterms as the A.I. accelerationists seemingly took their foot off the pedal.
Meta quietly launches Style Sketch, an AI fashion app that helps users put together outfit ideas using clothes they own, in Indonesia, Singapore, and Thailand
Meta has quietly launched Style Sketch, an AI fashion app that helps users put together outfit ideas using clothes they already own.
CrowdStrike: China-linked hackers used AI tool ARTEX with a DeepSeek LLM and another model to target 200+ organizations in 11 days, compromising at least nine
Chinese state-linked hackers targeted more than 200 organizations in just 11 days, using AI to attack governments and businesses worldwide, according to CrowdStrike.
Dream, which is training AI world models on US building data to automate construction design and engineering, emerges from stealth with a $17M seed led by a16z
Andy Alder and Arjun Mather were Stanford roommates who both studied computer science before spending a decade at Palantir.
Pinterest reports Q3 revenue up 12% YoY to $1.17B, vs. $1.21B est., global MAUs up 10% to 661M, and forecasts Q4 revenue below est.; PINS drops 5%+
Choose Barron's as a preferred source of financial news — Key Points — Pinterest missed expectations and guided to lower …
Sources: the Pentagon is treating the late August freezer malfunctions across 6+ military bases as a suspected cyberattack and is working with French police
Binance “temporarily suspended” all deposits and withdrawals as it investigates security issues and works with law enforcement; Binance.US says it's unaffected
techcrunch.com/2026/10/29/b...Forums:r/stupidpol:Binance pauses withdrawals as hackers suspected of stealing billions in crypto
Sources: Spotify aims to launch its AI remix service in Q1 2027 and may charge $4-$5/month extra; it is still negotiating licensing deals with Sony and Warner
Streaming service plans to charge users up to $5 a month to use the feature — Spotify is targeting an early 2027 launch …
Filing: Vancouver, WA-based Powerlattice, which makes a power delivery chiplet to reduce AI compute power needs by 50%+, raised $86M, after raising $31M in 2025
Powerlattice, a Vancouver, Wash.-based startup developing chips that cut the power demands of AI processors, has raised $86 million, according to an SEC filing on Friday.
Sandisk reports Q1 revenue up 378% YoY to $11B, vs. $10.7B est., forecasts Q2 revenue above est., announces an 8-for-1 stock split; SNDK drops 9%+
Sandisk's stock has climbed more than 2,600% since the company separated from Western Digital 20 months ago - and it has one of the highest prices in the S&P 500
Ravical, whose AI-powered platform helps accounting and tax firms manage their operations, raised a $17M seed led by MMC, bringing its total funding to $25M
As AI transforms the accounting industry, Ravical aims to help firms turn individual expertise into shared knowledge …
OpenAI tightens limits on the weapons-related information that ChatGPT provides teens, even when a question appears harmless, as part of new safeguards
OpenAI said on Friday it is tightening limits on the weapons-related information ChatGPT provides to teens, even when a question appears harmless …
Apple's touchscreen MacBook Pro is designed for the iPad generation, with an optimized macOS, and the company is right to move on from Steve Jobs' skepticism
Sources: Google, Meta, and other tech companies are resisting broad ICE demands for user data as they face future Democratic-led congressional investigations
As midterms near, Google, Meta and other tech firms resist broad ICE demands for user data as the agency scours platforms for immigration speech
Amazon reports Q3 ad revenue up 11% YoY to $19.64B, vs. $20.82B est., and subscription services revenue up 11% YoY to $14B
Amazon, Google and Microsoft all saw slowing growth or declines in their traditional businesses: retail, search ads and Windows/devices. — Meanwhile, AWS grew 39%, Google Cloud 103% and Azure 48%. ...
Kalshi raised $1B led by Sequoia and Wellington Management at a $40B valuation, up from a $22B valuation after raising $1B in May, its last raise before an IPO
Chainalysis says Binance hackers used automated money-laundering patterns not seen before; Elliptic: almost all of the $6.3B was taken in the first 30 minutes
North Korean hackers' attack on Binance takes crypto theft to an unprecedented scale — The largest financial theft in history took no more than 30 minutes.
S-1: Anthropic says it heavily depends on TSMC chips made in Taiwan and warns of risks from “potential disruption” amid geopolitical tensions with China
Reliance on the island for AI chip production puts it among America's top foreign policy interests.
Q&A with Sam Altman on finding PHP bugs, sandboxing superhuman models as an unsolved safety dilemma, robotics scaling data centers, math, agent swarms, and more
Amazon reports Q3 AWS revenue up 39% YoY to $45.98B, above $45.29B est., and AWS operating income up 55% to $17.77B, above $16.97B est.
even in the face of a bold new cloud forecastJohnny Rice /Motley Fool:Amazon — Amazon earnings: free cash flow loss and rising debt — Companywide sales rose 12% …RuntimeWire:AWS growth jumps 39% a...
CXMT reports Q3 revenue of ~$16.7B, up 613.2% YoY, and a net profit of ~$8.17B, swinging to profitability on the back of rising AI-driven memory chip prices
Binance says it has reserved $6.34B+ in company funds, including $5B already held in impacted token assets, to deal with the fallout from the $6.3B hack
Binance said on Friday it has reserved more than $6.34 billion in company funds, including $5 billion already held in impacted token assets …
How a wave of startups are betting on AI to make formal software verification practical and essential, including &Truth, which launches with a $70M seed
Reddit reports Q3 revenue up 53% YoY to $895M, vs. $878M est., DAUq up 12% to 130.3M, below est., forecasts Q4 revenue below est.; RDDT drops 25%+
Reddit plans to require all users to create official accounts to access the social media platform, marking a major departure for the site known as …
Serval, which offers AI agents for enterprise IT operations like access management, raised $150M led by Sequoia at a $3B valuation, up from $1B in December 2025
Wabi, which is building an AI assistant that integrates into group chats and can take actions like booking appointments, raised $55M at a $1.25B valuation
Binance pledges to cover all losses from a ~$6.3B hack, potentially the largest crypto theft ever, surpassing the $1.5B Bybit hack in February 2025
Binance, the world's largest cryptocurrency exchange by trading volume, has pledged to cover all losses from a hack that it said drained around US$6.3 billion from its wallet.
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”
Sebastian Herrera /Fortune:
Sources: an Accenture staffer's Claude agent ran on a DOD network for two months and appears to have sent info to a third-party site before it was identified
Vladimir Putin praises Elon Musk as a “real genius” and says Russia is in “close contact” with Musk and the US to coordinate Rassvet and Starlink satellites
Sources: Microsoft is seeking to raise $25B+ in its first US investment-grade bond sale since 2017, when it raised $17B, to fund AI-related capital expenditures
Amazon spent $77B+ on property and equipment in Q3, leading to a free cash outflow of $42.4B; Amazon said in July that it would likely spend $220B in 2026 capex
Matt Day /Bloomberg:
Airbnb spent $12.6M+ since 2025 to become a top LA political contributor, backing Mayor Karen Bass and pushing for friendlier rules ahead of the 2028 Olympics
TRM Labs attributes the Binance hack to North Korea-based TraderTraitor, which drained ~$6.36B from Binance wallets across 10 blockchains, mostly in ~20 minutes
Tom Westbrook /Reuters:NEW
The UK CMA opens a probe into whether Meta imposed exploitative terms on publishers and advertisers to use their content to develop its AI and other services
NAND maker Kioxia reports FY Q2 operating profit up 22x YoY to ~$12.7B, in line with est., but forecasts Q3 operating profit of ~$12.7B, below ~$14.9B est.
Binance reveals that a follow-up investigation has found “additional points of breach” beyond a possibly compromised laptop and says this was a “complex attack”
Investigation update: Our initial investigation suggested that the security incident may have involved a compromised laptop, however our subsequent investigation has uncovered additional points of bre...
Twilio reports Q3 revenue up 20% YoY to $1.56B, vs. $1.52B est., net income up 333% to $161M, and expects slower Q4 revenue growth; TWLO drops 20%+
Sources: DeepSeek doubled its latest round's size due to surging black market Nvidia Blackwell chip prices, with Chinese state-owned investors representing 27%
Alphabet discloses $1T+ in purchase commitments, future leases, and other obligations; its Q3 filing shows $98.5B in contingent commitments, up ~$23B from Q2
Google Search query growth reached a 5-year high, driven by AI Overviews. …
Sources: Indian AI infrastructure company AM Intelligence seeks to raise as much as $3B to fund a previously announced purchase of Nvidia Vera Rubin systems
Ottawa-based Solink, which uses AI to pull data from already-installed security cameras, raised $100M+ led by Vertu Capital, bringing its total raised to $198M+
Microsoft, Alphabet, Amazon, Meta, and Oracle returned just 9.3% of cash to shareholders in the first three quarters of 2026, a 15-year low amid AI spending
Netflix repurchased 63.9 million shares throughout the third quarter.Chris Lange /24/7 Wall St.:Chevron Returned Nearly 150% of Free Cash Flow to Shareholders. Is Its Dividend Safe?Adam Clark /Barron'...
Inside Nscale's 2,250-acre, 8GW Monarch Compute Campus in West Virginia, which has been hit by construction issues, local opposition, and financing risks
Financial Times:
SuperMe, which generates AI-powered chats with simulated profiles of prominent industry experts to let users ask questions, raised $20M
The UK FCA, which sued Justin Sun-linked crypto exchange HTX in 2025 for “unlawfully promoting crypto asset services”, says HTX will exit the UK in a settlement
Symbotic says Walmart has committed an additional $6B over several years to deploy Symbotic's supply-chain automation technology across its distribution network
Source: Dulo, a startup co-founded by Google veteran Sebastian Thrun to build “foundation models for hardware design”, raised a $130M seed
Andy Jassy says Prime Video has “a revenue run rate in the tens of billions of dollars and is now profitable in its own right”
Julie Bort /TechCrunch: