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THE DAILY INDEX

Technology, AI, software, security, crypto and business

Across today’s newsletters

Today’s Index

AMAZON'S AWS SHOWS SIGNS OF WEAKNESS AS COMPETITORS CHARGE AHEAD

Internal bureaucracy has slowed AWS down at a time when it needs to be nimble. The company's AI efforts have been lackluster, and its services are becoming less attractive to startups. AWS remains committed to its longtime playbook, and it retains considerable strengths and customer loyalty, but it may be losing its edge by chasing rivals. The cloud market has become more fiercely contested over the past couple of years, creating competitive pressure that AWS didn't have before.

JPMORGAN TO LET CLIENTS USE CRYPTO AS COLLATERAL FOR LOANS

JPMorgan is developing a framework that will allow institutional clients to use Bitcoin and Ethereum as collateral for loans. The program is expected to launch by the end of 2025 under a third-party custody model where approved custodians hold the pledged tokens. This marks one of the most direct integrations of crypto assets into Wall Street's credit systems to date. It positions BTC and ETH within the same collateral ecosystem as traditional instruments like Treasuries and equities. The move introduces significant operational challenges, as banks must now manage 24/7 mark-to-market assets with real-time volatility modeling, dynamic margin requirements, and custodial risk insurance within legacy settlement infrastructure.

NVIDIA IS REPORTEDLY PLANNING A ROBOTAXI PROJECT TO CHALLENGE TESLA, WAYMO

Nvidia is reportedly developing an internal robotaxi project. The project will follow a single-stage end-to-end technology route in which one neural network is trained and reinforced through simulation-generated world models. Nvidia plans to invest $3 billion and launch operations in the US. It began developing autonomous driving software in 2015, but it has yet to release a high-level driving system for mass market vehicles.

IN A FIRST, A DATA CENTER IS USING A BIG BATTERY TO GET ONLINE FASTER

Aligned Data Centers is installing a 31-megawatt/62-megawatt-hour battery in a new data center in the Pacific Northwest. Having a battery will allow the data center to pull less power from the grid when demand is high, allowing it to come online more quickly. Research has found that today's grid could handle quite a lot more data centers if facilities could dial back their consumption for a couple of hours at a time during moments of maximum demand. Aligned's commitment to paying for the battery itself could serve as a model of socially responsible AI-infrastructure development.

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