AWS Revenue Beats Expectations and Investor Reaction

Amazon didn’t scare investors this Halloween. They’re quite pleased, actually. They’re not public but we now know how much money OpenAI lost this quarter. Nvidia’s generous investment strategy. And, of course, the Weekend Longreads Suggestions.

• Amazon cloud records 20% sales growth, topping estimates (CNBC)
• Microsoft seemingly just revealed that OpenAI lost $11.5B last quarter (The Register)
• Sora now lets you pay extra to make more AI videos (The Verge)
• Nvidia to Invest Up to $1 Billion in AI Startup Poolside (Bloomberg)
• Nvidia Is Accelerating Its Investing Spree in AI Startups (Bloomberg)

Weekend Longreads Suggestions:

• Nike says its first ‘powered footwear’ is like an e-bike for your feet (The Verge)
• Some People Can’t See Mental Images. The Consequences Are Profound (The New Yorker)

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