Canva Prepares for 'Probably Imminent' IPO

Bloomberg’s Caroline Hyde reports on the recent volatility in markets driven by investor anxiety surrounding AI and cryptocurrency. OpenAI has partnered with Foxconn to design AI data center hardware in the US, while Cerebras CEO Andrew Feldman comments on the US approval for advanced AI chips to be sold to the Middle East.

Meta is entering the power trading market to support its AI expansion, committing to long-term energy contracts to assist plant developers. This strategic move aims to bolster Meta's infrastructure as it continues to grow its artificial intelligence capabilities.

Bloomberg's Caroline Hyde reports on a turbulent week for markets driven by investor anxiety surrounding AI and cryptocurrency. OpenAI is collaborating with Foxconn to develop AI data center hardware in the U.S. Additionally, Cerebras CEO Andrew Feldman comments on the U.S. approval for advanced AI chips to be sold to the Middle East.

The article discusses 'Kingdoms of the Dump', a role-playing game developed by two janitors, highlighting the democratization of video game development. This charming RPG showcases how individuals from non-traditional backgrounds can create engaging and innovative gaming experiences.

Africa is making strides to participate in the artificial intelligence (AI) race, as highlighted in a report by Bloomberg's Loni Prinsloo and Yinka Ibukun. The continent is working to enhance its capabilities and infrastructure to compete with established players in the AI sector, particularly as Wall Street invests heavily in AI technologies.

Meesho Ltd., an Indian e-commerce platform, is planning to launch its initial public offering (IPO) in the first half of December. The company is seeking a valuation of approximately 530 billion rupees, equivalent to $6 billion, according to sources familiar with the situation.

Nvidia Corp.'s forecast was anticipated to attract dip buyers, but a downturn in technology stocks and a mixed jobs report left investors uncertain. The market's reaction reflects ongoing concerns about stability, with many investors choosing to either recover from losses or re-enter the market cautiously.

Equity investors are increasingly worried about the high levels of debt that Big Tech companies are accumulating to expand their artificial intelligence infrastructure, amid growing concerns of a potential market bubble.