Black Friday sales hit $70B globally, Amazon becomes the largest delivery business in the US

The Biggest Delivery Business in the U.S. Is No Longer UPS or FedEx: Amazon is eclipsing both carriers, and the gap is growing. Amazon shipped 5.2B US packages in 2022, more than UPS, after passing FedEx in 2020; Amazon delivered 4.8B items ahead of Thanksgiving. - Link

US online Black Friday sales hit $9.8B, up 7.5% YoY; Salesforce, which uses different metrics, says online sales hit $16.4B in the US and $70.9B globally. - Link

AWS CEO Adam Selipsky to reveal a new generative AI stack. An interview with AWS CEO Adam Selipsky, ahead of re:Invent, on the multifaceted impact of generative AI, the role of AI chips, the OpenAI fiasco, and more. - Link

US, Britain, and other countries ink agreement to make AI 'secure by design' The US, the UK, and more than a dozen other countries release joint guidelines for AI system development, including creating systems that are “secure by design”. - Link

Compliance doesn’t have to be complicated. In fact, with Vanta, it can be super simple. Trusted by thousands of SaaS companies, Vanta automates the pricey, time-consuming process of prepping for SOC 2, ISO 27001, GDPR, and more. Watch Vanta’s product demo now!

OpenAI Chaos Continues with Sunny Madra, David Sacks, and Jason. The three recap the chaotic past few days at OpenAI plus some immediate impacts from the fallout. Why you shouldn't innovate on the battle-tested corporate structure. Impact on startups reliant on OpenAI's models, and David Sacks explains why this situation is so unprecedented in Silicon Valley. - Watch

PhysicsX emerges from stealth with $32M for AI to power engineering simulations. The Series A round is being led by General Catalyst. - Link

Alibaba shutters its quantum computing research lab, donating the equipment to Zhejiang University, a sign of broader cutbacks, after revamping its cloud unit. - Link

China's Realme hits 200 million shipment milestone, most of them outside China, since its 2018 founding; just 14 companies have reached the milestone. - Link

New Binance CEO Richard Teng says firm has ‘robust timeline’ for board, financial disclosures. An interview with Binance CEO Richard Teng on helping the exchange become a conventional financial company, previous “missteps”, his background, and more. - Link

Mozaic raises $20M to build payment splitting solution for creators. The Series A round of funding was led by Volition Capital. - Link

This Week in Startups

E1852: OpenAI Chaos Continues with Sunny Madra and David Sacks

E1851: BREAKING: Sam Altman fired from OpenAI, chaos ensues!

E1850: Real-time AI-powered design with Krea CEO Victor Perez

E1849: Avoiding Accidental Tax Fraud | Startup Finance Basics w/ Kruze's Scott Orn

E1848: Engineering an AI-powered doctor’s office with Forward CEO Adrian Aoun

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