Reuters:
In DeepSeek's first public appearance since R1's success, a senior researcher told a state-run conference he was pessimistic about AI's impact on humanity  —  - DeepSeek makes first public appearance in almost a year  — Company has kept low profile since global breakout in January

Bloomberg:
CoinGecko: crypto market cap falls to $3.5T from October's $4.4T peak, on track to erase its 2025 gains; crypto ETFs had $700M of net outflow over the past week  —  The stock market didn't crash this week.  But after a seven-month spasm of retail-borne speculation, parts of the casino started clearing out.

Krystal Hu / Reuters:
Vast Data, which develops data storage tools, inks a $1.17B AI deal with CoreWeave; Vast Data, valued at $9.1B in 2023, said it reached $200M ARR by Jan. 2025  —  - CoreWeave to use Vast's data storage tools for cloud infrastructure  — Vast Data's revenue stream bolstered by new deal

Financial Times:
Nasdaq had its worst 5-day run since April, falling 3% for the week as the combined market value of eight most valuable AI-related stocks fell by about $800B  —  Nasdaq falls 3% over the five-day period as investors worry about sky-high valuations  —  US companies closely tied …

Bloomberg:
A US judge declares a mistrial after a jury couldn't reach a verdict on two brothers charged in 2024 for allegedly stealing $25M in crypto from Ethereum traders  —  A jury was unable to reach a verdict in the fraud trial of two brothers, both recently graduated from the Massachusetts Institute of Technology …