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Amazon is reportedly making a last-minute play to buy TikTok as the ban deadline looms

TikTok is set to be banned in the US on Saturday unless ByteDance divests the incredibly popular social media app or President Trump further extends the deadline.

Nia Warfield

Amazon has reportedly put in a bid to snatch up TikTok, which is set to be banned in the United States this weekend unless ByteDance divests the incredibly popular social media app.

Oracle has appeared to have the inside track on the company, but this last-minute push from Amazon — which has both the means to host TikTok given its sprawling AWS business, as well as a gap in its business where most of its rivals in the tech industry have a social media app — could shake up the process at the eleventh hour.

Shares of Amazon were up 2.5% in recent trading.

Amazon and TikTok already have ties: last August, they teamed up to let users shop Amazon products directly in the TikTok app. In January, JPMorgan analyst Brian Nowak said acquiring TikTok could help Amazon  “build a viable social shopping network,” citing the app’s estimated 32 billion hours of US consumer engagement. 

But good relations may not be enough to seal a deal. TikTok has repeatedly said it’s not for sale, arguing that any forced divestiture would likely be blocked by the Chinese government. TikTok has 170 million US users, equivalent to about half the US population, making its fate a high-stakes issue in Washington.

President Donald Trump, who could also theoretically push the date of the ban again, is set to meet with top White House officials Wednesday to discuss the app’s future.

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Alphabet’s Waymos are still getting caught in floods after recall

Waymo, the self-driving subsidiary of Alphabet, has paused operations in Atlanta after a new report of a vehicle driving into a flooded roadway and getting stuck, TechCrunch reports. The news comes just weeks after the company recalled its fleet of nearly 4,000 driverless cars to deal with a previous flood incident in San Antonio, where the service is also paused.

After that incident, Waymo instituted an “interim remedy” to make the vehicles “exclude additional operating conditions that present an elevated risk of encountering a flooded, higherspeed roadway,” but added that it was still “developing the final remedy for this recall.”

As we’ve noted, Waymo has mostly kept its rollout — now public in 11 cities — to more temperate climates, as severe weather poses more challenges to autonomous vehicles.

After that incident, Waymo instituted an “interim remedy” to make the vehicles “exclude additional operating conditions that present an elevated risk of encountering a flooded, higherspeed roadway,” but added that it was still “developing the final remedy for this recall.”

As we’ve noted, Waymo has mostly kept its rollout — now public in 11 cities — to more temperate climates, as severe weather poses more challenges to autonomous vehicles.

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Report: Anthropic is in talks to use Microsoft’s custom AI chips

Anthropic is in talks to rent custom AI chips from Microsoft, according to a report from The Information, as the Claude coder’s scramble for compute continues.

During the first wave of the generative-AI boom, companies rushed to get their hands on Nvidia’s GPUs, as they were the only game in town if you wanted to build new models.

But as the role of inference has shifted to a top priority, with companies focusing on actually running models to make money, they’ve started shopping around, buying chips tailored for the task, and in some cases decided to make their own.

Additionally, Anthropic has become something of a victim of its own success at rolling out products that can be quickly adopted by enterprise clients. That rapid, wide-scale adoption has revealed significant compute constraints. Anthropic is now, effectively, looking for any and all compute capacity it can find, striking deals with CoreWeave, Amazon, Google and Broadcom, and even xAI.

Amazon and Google have both seen hot demand for their custom inference chips. But Microsoft is still trying to get its custom Maia chips into the mix, after encountering delays.

If Microsoft lands Anthropic as a customer for its Azure-based Maia computing services, it could open the door for other companies seeking another option for meeting the sky-high demand for AI inference, as agentic models gobble up trillions of tokens.

But as the role of inference has shifted to a top priority, with companies focusing on actually running models to make money, they’ve started shopping around, buying chips tailored for the task, and in some cases decided to make their own.

Additionally, Anthropic has become something of a victim of its own success at rolling out products that can be quickly adopted by enterprise clients. That rapid, wide-scale adoption has revealed significant compute constraints. Anthropic is now, effectively, looking for any and all compute capacity it can find, striking deals with CoreWeave, Amazon, Google and Broadcom, and even xAI.

Amazon and Google have both seen hot demand for their custom inference chips. But Microsoft is still trying to get its custom Maia chips into the mix, after encountering delays.

If Microsoft lands Anthropic as a customer for its Azure-based Maia computing services, it could open the door for other companies seeking another option for meeting the sky-high demand for AI inference, as agentic models gobble up trillions of tokens.

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Jon Keegan

WSJ: OpenAI IPO filing could be coming as soon as this week

According to a report from The Wall Street Journal, OpenAI could file for an IPO as soon as this week. The company is working with Goldman Sachs and Morgan Stanley on the IPO, which is widely expected to be one of the largest ever. OpenAI is racing against rival Anthropic to be the first startup of the current generative-AI boom to go public.

OpenAI is targeting an IPO as soon as September, per the report.

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