Daily AI · Crypto · Macro · Market News — Bitpush highlights the key points for you ↓
AI · Dynamic
[WSJ: Large investors question Anthropic's $1.5 trillion IPO valuation as too high]
Blockworks reports, citing people familiar with the matter, that after market-wide sell-offs triggered by the unwinding of AI-related investments, major investors are increasingly skeptical that Anthropic’s IPO can achieve its expected $1.5 trillion valuation. Anthropic originally planned to debut during the week of November 16, with the offering expected to raise up to $100 billion and value the company at approximately $1.5 trillion. However, three major investors planning to participate in the IPO said the valuation may need to be lowered, with one suggesting it could be closer to $1 trillion.
Another investor said that even if the market rebounds, it may be challenging to convince institutional investors who were recently hurt by sell-offs to take on significant risk in the AI sector again. The investor doubts whether Anthropic will delay its offering. Another possibility is that the company may raise less capital than expected. People familiar with the matter said Anthropic executives and their advisors are expected to meet in the coming days to discuss IPO plans. Some said they have deliberately avoided committing to specific plans throughout the process to preserve their options.
[Insider: Google will invest $17 billion to build Wyoming's first data center]
BlockBeats news, according to Bloomberg, citing sources familiar with the matter, Google (GOOG.O) will invest $17 billion to build Wyoming’s first data center.
NVIDIA has approached Apollo to convert Brightspeed into an AI data center.
BitPush News, according to The Information, NVIDIA (NVDA.O) is in discussions with Apollo to convert Brightspeed assets into AI data centers.
The U.S. Department of Justice has established a Superintelligence Task Force to combat AI abuse.
BlockBeats reports that the U.S. Department of Justice has announced the formation of the Superintelligence Special Investigation Team (DOJ-SITF), led by Deputy Attorney General Stanley Woodward and Associate Deputy Attorney General Stephen Weiss, specifically to oversee abuses of advanced artificial intelligence. The team’s stated mission is to ensure that America’s leadership in the field of “superintelligence” is not undermined by malicious actors, targeting foreign governments and their agents, transnational criminal organizations, and individuals or enterprises using AI to commit crimes such as fraud.
Attorney General Todd Blanche said that the development of "superintelligence" will continue to be driven by American innovators, and the task force will work with SI Force Chair Jay Clayton to prevent critical AI technologies from being manipulated by malicious actors both domestically and abroad. He stated that the Department of Justice will continuously identify and prosecute individuals who use superintelligence to violate the law, including those who maliciously target U.S. taxpayers, critical U.S. infrastructure, or other national security areas.
Crypto · Market
U.S. stocks closed sharply lower on Thursday, as concerns over AI regulation accelerated capital outflows from tech stocks.
Beats News: On Thursday, U.S. stocks plunged sharply as investors rushed to exit tech stocks amid concerns over a slowdown in data center construction. The Nasdaq closed down 5.52%, entering a technical correction. The S&P 500 fell 4.36%, and the Dow Jones dropped 3.44%, with all three major indices posting their largest single-day declines since April 2025.
Previously, Vermont Senator Bernie Sanders, who has aligned with the Democratic camp, called for a nationwide pause on data center construction. On Wednesday evening local time, Sanders posted: "The American people do not want to see big tech monopolies destroy the environment, eliminate jobs, and threaten humanity's future."
The Trump Media-associated wallet transferred 4,259 BTC to Crypto.com in two batches, worth approximately $329 million.
BeInCrypto reports that a wallet labeled by Arkham as "2028 Convertible Notes Collateral" for Trump Media & Technology Group transferred 4,259 BTC to Crypto.com in two batches, valued at approximately $329 million. The transfers do not represent sales; Trump Media previously described similar transfers to Crypto.com in May and August of this year as either transactions or custody management.
Trump Media’s Q2 filing shows that, as of June 30, the company pledged 4,260.73 BTC as collateral for convertible notes. A filing on November 2 states that note holders may request repayment on November 30; if refinancing is insufficient, the company may need to sell its Bitcoin.
Institutional · Macro
Goldman Sachs: Lowers 2026 year-end gold price forecast to $4,150 per ounce and 2027 year-end forecast to $4,800 per ounce.
Blockworks News: Goldman Sachs lowers its gold price forecast to $4,150 per ounce by end-2026 and to $4,800 per ounce by end-2027.
U.S. Secretary of State Rubio denies reports of his resignation and declines to comment on the 2028 election.
Beats News reports that, according to the New York Times, U.S. Secretary of State Rubio denied reports on Thursday that he planned to leave the Trump administration and refused to answer questions about his political future.
He said in an interview that working for President Trump until the end of his term “has always been my plan.” Rubio said, “To be honest, I have no idea where these things are coming from.” “I love the work I’m doing. And whenever someone says I’m leaving, I always find it funny. I ask: ‘Which job are you talking about?’”
Rubio, who is also a national security advisor, refused to answer questions about whether he is considering running for president in 2028. He said, “I really won’t talk about 2028 anymore,” “I won’t do it.” In May, Rubio stated that he would support Vance if Vance ran for president.
The U.S. Supreme Court may face a shift: Democrats could potentially reverse the conservative 6-3 majority.
BitPush news, according to Bloomberg analysis, the Democratic Party's decisive victory in the Senate elections will significantly impact the U.S. Supreme Court and alter how the Democrats consider Supreme Court reforms. This not only means that a Democratic-controlled Senate can ensure Trump can no longer appoint Supreme Court justices, but also that the Democrats should reassess reform proposals such as expanding the number of Supreme Court justices or limiting its jurisdiction over certain issues.
If the Democratic Party wins the presidential election in 2028 and maintains control of the Senate, it could reverse the current Supreme Court composition of six conservative justices to three liberal ones, creating a 5-4 liberal majority. Even setting aside political factors, this shift is plausible based on life expectancy alone. The two oldest current justices, Clarence Thomas (78) and Samuel Alito (76), were both appointed by Republican presidents. Between 1975 and 1999, the average lifespan of U.S. Supreme Court justices was 82.3 years. By 2032—at the end of the hypothetical Democratic president’s first term—Thomas would be 84 and Alito would be 82. In the foreseeable future, the Supreme Court could see a majority of justices appointed by Democratic presidents, which would also influence policy outcomes.
Twitter: https://twitter.com/BitpushNewsCN
BitPush Telegram community: https://t.me/BitPushCommunity
BitPush TG subscription: https://t.me/bitpush