OpenAI CEO Sam Altman’s terse “no” at a Paris conference seemed to shut the door on Elon Musk’s surprise $97.4 billion bid. But experts say the reality is far more complex. Musk’s play, technically aimed at OpenAI’s nonprofit assets, could be less about acquiring control and more about strategically disrupting Altman’s efforts to reshape OpenAI’s… Continue reading Elon Musk’s OpenAI bid sparks legal chaos and investor doubts: just as he planned?
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S&P 500 futures hold steady as market braces for inflation report and Fed signals
US stock futures remained largely unchanged on Tuesday evening, as investors awaited the release of January’s critical inflation report. The report’s findings are expected to offer crucial insights into the Federal Reserve’s interest rate plans, against a backdrop of fast-moving economic policies under President Donald Trump. The January CPI report is slated for release on… Continue reading S&P 500 futures hold steady as market braces for inflation report and Fed signals
Meta achieves historic 16-day rally: a Nasdaq first in decades
Meta, the social media behemoth behind Facebook and Instagram, is riding the crest of a wave after a historic winning streak that defied broader market trends and AI-related investor anxieties. While the stock has dipped slightly on Tuesday, its recent performance capped off a remarkable 16 consecutive days of gains, boosting its valuation and positioning… Continue reading Meta achieves historic 16-day rally: a Nasdaq first in decades
Virtune launches new crypto ETPs on Nasdaq Helsinki as Bitcoin Pepe eyes first Bitcoin meme ICO
According to a recent press release, Swedish asset manager Virtune has introduced two new cryptocurrency exchange-traded products (ETPs) on Nasdaq Helsinki, offering Finnish investors a new avenue to engage with digital assets. Concurrently, the crypto community is abuzz with the upcoming launch of the world’s first Bitcoin meme Initial Coin Offering (ICO) by Bitcoin Pepe.… Continue reading Virtune launches new crypto ETPs on Nasdaq Helsinki as Bitcoin Pepe eyes first Bitcoin meme ICO
Grayscale launches Dogecoin Trust—what it means for investors
Grayscale Investments has announced the launch of a Dogecoin Trust fund to offer investors exposure to Dogecoin (DOGE), a cryptocurrency that has transitioned from its meme coin roots to a symbol of broader financial inclusion. Grayscale @Grayscale ·Follow We are proud to announce a new single-asset crypto investment fund, Grayscale Dogecoin Trust $DOGE. much wow,… Continue reading Grayscale launches Dogecoin Trust—what it means for investors
Coinbase files for self-certification to launch Solana futures
Coinbase, one of the leading cryptocurrency exchanges, has taken a significant step towards expanding its derivatives offerings by filing for self-certification to list Solana (SOL) futures contracts. This filing with the US Commodity Futures Trading Commission (CFTC) aims to introduce Solana futures contracts on Coinbase Derivatives, the company’s subsidiary focused on futures trading. Solana futures… Continue reading Coinbase files for self-certification to launch Solana futures
Macquarie’s Blueleaf to invest $400M in Jakson Green’s 1 GW solar push in Rajasthan
Blueleaf Energy, a renewable energy platform operating under the ownership of a Macquarie Asset Management managed fund, has revealed a substantial investment plan within India’s renewable energy sector. The company said that it has committed to injecting $400 million into the development of 1 gigawatt (GW) of solar projects undertaken by Jakson Green, an Indian… Continue reading Macquarie’s Blueleaf to invest $400M in Jakson Green’s 1 GW solar push in Rajasthan
SoftBank may surpass Microsoft as OpenAI’s biggest investor with multi-billion dollar deal: report
SoftBank is in discussions to invest up to $25 billion in OpenAI, as per an FT report. This massive investment would possibly make it the largest financial backer of the ChatGPT maker. This investment is part of a broader collaboration between the two companies on a large-scale artificial intelligence infrastructure project. Last week, OpenAI and… Continue reading SoftBank may surpass Microsoft as OpenAI’s biggest investor with multi-billion dollar deal: report
Tim Draper-backed BonV Aero eyes UK Royal Navy, DOD partnership and $100M revenue goal
Based out of the east Indian state of Odisha, BonV Aero, a deep tech company specializing in the manufacture of drones, is not a regular startup. BonV became the first Indian startup to win the prestigious international startup competition ‘Meet The Drapers‘, where aspiring startup founders from across the world get to pitch their ideas before… Continue reading Tim Draper-backed BonV Aero eyes UK Royal Navy, DOD partnership and $100M revenue goal