Nvidia’s Huang says CoreWeave needs no backstop, as its credit swaps hit a record
Artificial IntelligenceLatest news
AMAZON
Amazon in talks to buy Decart for about $7bn, WSJ reports
Anthropic walked away from a $6bn deal for the startup in September. Decart, founded in 2023, was valued at nearly $4bn in May and already runs its own models on Amazon’s Trainium chips.
ASIA
Rakuten raises record ¥400B from bond sale driven by retail investors
Individual investors bought ¥360B of the 5.5-year bonds, which carry a 4.37% coupon, according to Bloomberg.
PODCASTS
UiPath’s Michael Atalla on AI slop, junior jobs and a Shaolin monk’s advice
Michael Atalla told the TNW Podcast that agents will not replace humans. He also explains why so many enterprise AI pilots never reach production, and what to pick instead.
AMAZON
UK watchdog says AWS and Microsoft must do more to ease cloud switching
The CMA says both firms have cut switching fees and linked data centres, but customers still face barriers to moving.
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