Big Tech earnings and credit market strain are the focus of this week's AI Weekly issue, according to a preview published by AI Weekly.
The issue says the Federal Reserve announces its rate decision on Wednesday. Microsoft and Alphabet report earnings after the close that day, and Amazon reports on Thursday. Investors want to know whether AI spending is still paying off.
The credit market is nervous. According to the report, insurance against a CoreWeave default now costs more than 10% a year.
The report also says Anthropic is expected to file its IPO paperwork publicly any day. Moonshot says its Kimi K3.1 Pro open weights will arrive on November 4.
The issue notes that Israel votes on Tuesday after a campaign full of AI deepfakes. The US midterms are a week from Tuesday.
The report's central claim is that so far, AI has paid off for the companies that sell it, not the ones that buy it.