Bloomberg’s Caroline Hyde breaks down why the UK’s antitrust watchdog launched an investigation into Amazon and Microsoft’s cloud services on concerns they could be abusing market power. Plus, a look into crypto hedge fund Alameda Research and Caroline Ellison’s role on Day 2 of the historic FTX fraud trial.

AI Spending Ripples Across Tech Stack; Nvidia Acquires Hugging Face
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Nvidia Nears $14B Hugging Face Deal
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Anthropic’s Compute Bet, Musk on AI, Apple’s New CEO
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