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Here are the 7 things you missed today:
It has been quite the week (nay, month!) for AWS. Closing out October with strong cloud results sent Amazon shares up nearly 12% after the company reported ~20% year-over-year AWS growth in Q3. AI workloads and long-term enterprise deals helped lift revenue to about $33 billion, easing concerns about slowing demand. Retail and ad sales also grew, giving Amazon one of its best quarters since 2022. CEO Andy Jassy said AWS momentum is “accelerating meaningfully.” Analysts see the rebound as a sign AI spending is stabilizing across major providers. (Reuters)
Rocket, a $15M-backed startup, is redefining how leaders turn ideas into real, scalable products through vibe solutioning. Using AI, Rocket converts prompts or Figma designs into full, production-ready apps with frontend, backend logic, AI workflows, and deployable code.
Built for decision-makers focused on speed, efficiency, and innovation, Rocket bridges the gap between concept and execution, empowering teams to build smarter and scale faster.
3. 📸 Perplexity inks multi-year image licensing deal with Getty Images
AI search startup Perplexity has signed a multi-year agreement with Getty Images to use its licensed editorial and creative photography. The integration will display credited Getty visuals within Perplexity’s apps through an API. Shares of Getty rose roughly 5% on the news. The deal follows mounting copyright scrutiny around AI-generated media. TechCrunch reports it marks a new wave of partnerships between content owners and AI platforms seeking legitimate data sources. (Tech Crunch)
4. 📈 How This Startup Cut CAC 53% With Direct Mail
Mochi Health slashed CAC 53% in six months, and made direct mail their top-performing marketing channel. Now you can learn from their experience.
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5. 🤝 Nvidia seals AI partnerships with Hyundai, Samsung, SK Group and Naver
As part of its Asia strategy, Nvidia announced expanded collaborations with Hyundai Motor Group, Samsung Electronics, SK Group, and Naver to accelerate AI infrastructure and mobility systems. The companies plan to co-develop data centers, connected-car platforms, and enterprise AI tools powered by Nvidia’s chips. CEO Jensen Huang said Korea is “poised to lead the AI industrial revolution.” TechCrunch notes the partnerships reinforce Nvidia’s position as a core supplier across automotive and telecom. (BBC)
6. 👀 Reddit CEO claims chatbots don’t drive traffic for the platform
During Reddit’s Q3 earnings call, CEO Steve Huffman said AI chatbots such as ChatGPT and Gemini “don’t drive meaningful traffic” to Reddit compared with Google Search or direct visits. The comment comes months after Reddit licensed data to major AI firms. Huffman emphasized that traditional discovery channels remain dominant for community engagement. TechCrunch highlights the remarks amid debate over how AI reshapes web traffic flows. Reddit otherwise reported steady growth in revenue and users. (Tech Crunch)
7. 📉 Bitcoin slips 5% in October, breaking ‘Uptober’ streak
Crypto markets ended the month lower as Bitcoin fell about 5% in October, breaking a seven-year streak of gains for the period nicknamed “Uptober.” Reuters attributes the decline to renewed risk-off sentiment and policy uncertainty. Volatility spiked mid-month after shifting rate expectations and regulatory chatter. Even with the drop, Bitcoin remains positive year-to-date. Analysts say macro headwinds, not crypto-specific news, drove the retreat. (Reuters)
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