Alphabet suffered its worst day in stock market history while Intel tumbled on weak guidance, as mounting jitters over massive AI capital expenditures trigger a broad tech sell-off.
The tape The Journal. · Oct 30
“And yesterday, Alphabet, Google's parent company, lost $500 billion in value. It's worst day ever in the stock market.”
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Bankless · Inside the $6 Billion Binance Hack | Ari RedbordOct 30
TRM Labs executive Ari Redbord reveals North Korea plundered $6 billion from Binance in a single evening—equal to a third of its national economy—before Tether and Circle froze $2.4 billion.
The Journal. · Is AI Running Out of Money to Borrow?Oct 30
Anthropic announced a record-breaking $63 billion loan package backed by Broadcom even as its S-1 IPO filing warned that insufficiently safeguarded AI systems could pose existential threats to humanity.