Imani Moise reports that Amazon’s market valuation surpassed $3 trillion, joining Apple, Microsoft, Nvidia, and Alphabet. Nuclear startup Valor Atomics secured $1 billion in funding to build reactor fleets, led by Sequoia Capital. Meanwhile, Alibaba’s new Qwen 3.8 MAX model boosted benchmark scores, highlighting a shift toward multi-model enterprise environments where full-stack providers like Alibaba are well-positioned to lead.