TechCrunch Daily Crunch TikTok announces its first awards show in the US
10 snips
Nov 4, 2025 TikTok is setting the stage for its first-ever awards show in the U.S., featuring a voting timeline and categories that celebrate its vibrant community. Meanwhile, OpenAI has secured a jaw-dropping $38 billion cloud computing deal with Amazon, signifying major strides in AI infrastructure. In another update, Facebook now allows group admins to publicly convert private groups without compromising members’ privacy. Tune in to hear these tech headlines unfold!
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OpenAI Doubles Down On Massive Compute
- OpenAI secured a $38 billion, multi-year AWS compute deal to scale agentic AI workloads rapidly.
- The company is expanding global infrastructure and chip partnerships as it plans to spend heavily on compute capacity.
Big Spending Raises Bubble Worries
- Analysts warn that huge AI infrastructure spending could signal an emergent AI bubble.
- Heavy investment contrasts with unclear near-term returns, raising industry risk concerns.
How To Safely Make Groups Public
- Admins can convert private Facebook groups to public from the settings page to grow reach.
- Review notifications and three-day cancellation windows protect members and preserve past content privacy.