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Finance

Edge AI Daily Morning News (November 12)

Anthropic launched a US$64.35 billion IPO roadshow with a valuation cap of US$1.405 trillion. It landed on Nasdaq on November 19 and launched Claude Sheets into the office. Nvidia was reviewed by the board of directors due to Huang Renxun's national security investigation, and fell about 9.5% in two days. Baird downgraded its rating. Power and export compliance have become AI bottlenecks. OpenAI’s quarterly revenue exceeded US$10 billion for the first time and it was launched as a ChatGPT merchant; Google released Gemini 4 Carbon and Robot Model 2.5. CoreWeave’s revenue increased by 168%, orders reached 132.5 billion, but net loss was 709 million. Microsoft bears the cost of AI power grid, and Amazon’s Japanese algorithm price limit is illegal. Nvidia donated OpenShell to CNCF; cross-border e-commerce exports from Hong Kong, Zhuhai and Macao exceeded 100 billion; SpaceX ordered 100GW HJT to deploy space computing power.

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Crypto

XRP Unveils Quantum Security Plan That Could Cost $255,000

The XRP Ledger Foundation has mapped out a plan for quantum-proof accounts. The upgrade would protect users from future quantum attacks without raising their transaction fees. However, the proposal still faces several technical hurdles and a long development timeline before launch. XRP Quantum Proposal Explained A quantum-proof account is a wallet secured by a signature The post XRP Unveils Quantum Security Plan That Could Cost $255,000 appeared first on BeInCrypto.

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