In its Q3 earnings, Alphabet said the profit included "net gains on equity securities of $10.7B," in part from a private company, which sources say is Anthropic (Bloomberg)

Coinbase is reportedly in advanced negotiations to acquire the stablecoin infrastructure startup BVNK for approximately $2 billion. This acquisition is significant as it aligns with Coinbase's strategy to enhance its stablecoin offerings, which could bolster its position in the competitive cryptocurrency market. The deal is expected to close later this year or early 2026, marking a pivotal moment for Coinbase as it seeks to innovate and expand its services.

Alphabet and Amazon have seen a significant boost in their third-quarter profits, much to the delight of investors. This positive trend is largely attributed to the rising value of their investments in Anthropic, the company behind the popular Claude chatbot. This news is important as it highlights the growing influence of AI technologies in the market and how strategic investments can lead to substantial financial gains.

In a significant move, major tech companies Meta, Alphabet, Microsoft, and Amazon have revealed plans to boost their AI investments to a staggering $400 billion by 2026. This surge in spending highlights the growing importance of artificial intelligence in shaping the future of technology and business. As these companies race to innovate and enhance their AI capabilities, it signals a strong commitment to staying competitive in an increasingly digital world.

The recent meeting between Trump and Xi has not significantly impacted the ongoing discussions surrounding TikTok's future in the United States. As the platform continues to navigate regulatory challenges, this meeting highlights the complexities of international relations and their influence on tech companies. Understanding these dynamics is crucial for users and stakeholders as they watch how decisions made at the highest levels can affect the apps they use daily.

Navan, a corporate travel and expense management software company, saw its shares plummet by 20% to $20, resulting in a market valuation of $5 billion. This decline follows the company's recent IPO, where it raised $923.1 million at a market cap of $6.2 billion. The drop in share price raises concerns about investor confidence and market performance, highlighting the volatility often seen in tech IPOs.

AWS has announced the launch of a powerful AI supercomputer that will significantly enhance the capabilities of Anthropic's AI model, Claude. With over a million chips set to be utilized by the end of the year, this collaboration marks a major step forward in the AI landscape, showcasing AWS's commitment to advancing technology and supporting innovative companies. This development is crucial as it not only boosts Anthropic's AI capabilities but also highlights the growing importance of cloud computing in the AI sector.

Apple has achieved a remarkable milestone, surpassing $100 billion in revenue for the first time in a quarter, with profits soaring by an impressive 86 percent. This surge is largely attributed to the launch of their latest iPhones, which feature a revamped design. This news is significant as it highlights Apple's strong market position and innovative approach, setting a positive tone for the tech industry.

Amazon has reported a significant $9.5 billion pre-tax gain from its investment in Anthropic, which has positively impacted the company's non-operating income for the third quarter. This impressive financial boost highlights the potential of strategic investments in AI and technology, showcasing Amazon's commitment to innovation and growth in a competitive market. Such gains not only enhance Amazon's financial standing but also reflect the increasing importance of AI-driven companies in shaping the future of the tech industry.

Infineon OktoberTech 2025 is set to showcase groundbreaking advancements in humanoid robotics, edge AI, and the transition to 800-V power systems for AI data centers. This event is significant as it highlights the rapid evolution of technology that can enhance efficiency and performance in various sectors, paving the way for smarter and more capable systems.

Netflix's new documentary 'Juan Gabriel: Debo, Puedo y Quiero' provides an unprecedented glimpse into the life of Mexico's iconic artist, Juan Gabriel. With over 2,000 hours of personal footage and recordings, the film allows Juan Gabriel to narrate his own story, showcasing his enduring legacy and emotional depth. This documentary matters because it not only celebrates his artistic contributions but also sheds light on the personal struggles he faced, making it a poignant tribute to a beloved figure in music.

Scientists have uncovered why AI sometimes misidentifies objects in images, like a smart camera claiming to see a 'red car' that isn't there. This happens due to the AI's 'visual tokens,' which are small data pieces extracted from images. When these tokens are unclear, the AI can hallucinate objects that don't exist, similar to how a blurry fingerprint can lead to incorrect assumptions in a criminal investigation. Understanding this phenomenon is crucial for improving AI accuracy and reliability.

Coinbase is reportedly in advanced negotiations to acquire the stablecoin infrastructure startup BVNK for approximately $2 billion. This acquisition is significant as it aligns with Coinbase's strategy to enhance its stablecoin offerings, which could bolster its position in the competitive cryptocurrency market. The deal is expected to close later this year or early 2026, marking a pivotal moment for Coinbase as it seeks to innovate and expand its services.

The rise of AI in coding has sparked a debate about the future of employment for coders. While some fear that AI will replace human programmers, others argue that it will create new opportunities and enhance productivity. Understanding how AI impacts the job market is crucial for both aspiring and current coders, as it shapes the skills they need to thrive in a rapidly evolving tech landscape.

Stablecoins are gaining traction as a reliable form of cryptocurrency, providing a bridge between traditional finance and the digital currency world. This guide explains what stablecoins are, how they work, and why they are important for investors looking for stability in the volatile crypto market. Understanding stablecoins can empower individuals to make informed financial decisions and navigate the evolving landscape of digital assets.