Riot Platforms switches its $200 million Coinbase loan to a fixed rate and extends maturity amid shrinking bitcoin holdings. The move offers cost certainty but heightens risks from loan-to-value triggers if bitcoin weakens.
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AP says another wipeout for AI data-center stocks more than erased Wednesday's gains, which were Wall Street's best in three months. The S&P 500 closed down 4.4%, the Dow 1,833 points (3.4%), and the Nasdaq 5.5%. Nvidia fell about 9.2%, AMD about 17%, and CoreWeave about 9.8%. Democratic midterm wins raised the possibility of data-center construction pauses — a fear, not an enacted moratorium. AP called it the S&P's worst drop since the April 2025 Liberation Day tariffs.
fal raised $1.3 billion in a Series F at a $16 billion valuation, led by Bessemer Venture Partners with Nvidia, Sound Ventures, HOF Capital and T. Rowe Price participating, Bloomberg and TechCrunch reported. Bessemer's Talia Goldberg joins fal's board.
Google says it is launching a Knowledge Work layout in Antigravity for research, documents, and other non-code work, on the same agent as the coding interface.
Adobe and Disney announced a multi-year alliance on November 9, including custom generative models in Adobe Firefly Foundry trained on Disney properties.
Nvidia's board says it is opening an independent investigation after reports that CEO Jensen Huang was the target of a foreign intelligence effort. It says it has no reason to believe secrets were compromised, and Huang has said he will cooperate.
