Alphabet raises $85B in equity as Wall Street bets big on AI infrastructure

Wall Street has largely abandoned expectations for Federal Reserve rate cuts this year ahead of the first Federal Open Market Committee meeting led by Fed Chair Kevin Warsh on June 16-17. According to a Reuters survey conducted between June 4…

Broadcom's strategic pivot to AI infrastructure via private credit financing could reshape tech investment dynamics and redefine AI compute supply chains. The post Broadcom launches AI XPV Platform with $35B tranche to expand Anthropic’s compute capacity appeared first on Crypto Briefing.

The redirection of retirement funds into AI infrastructure financing signifies a major shift in investment strategies, potentially reshaping financial markets. The post Apollo and Blackstone are financing the AI industrial complex with your retirement money appeared first on Crypto Briefing.

Another sell-off for high-flying artificial-intelligence stocks is dragging Wall Street sharply lower on Tuesday. The S&P 500 dropped 1.7% after careening between an early gain of 1% and a loss of 2.3%, sinking further from its all-time high set a week ago. The Nasdaq composite was 2.9% lower, and the Dow Jones Industrial Average was down 408 points, or 0.8%, […]

ChatGPT maker OpenAI filed preliminary paperwork that would open the door to it becoming a publicly traded company, the third in a powerhouse trio of artificial intelligence companies racing to Wall Street debuts.

Wall Street collapsed and bitcoin tumbled Tuesday after Iran shot down a U.S. military helicopter over the Strait of Hormuz, torching an earlier ceasefire rally and sending markets into a sharp risk-off spiral. Markets Get Crushed The Nasdaq Composite shed 844 points, falling to 25,085, its steepest single-session drop since last week’s brutal selloff. The […]

A rush of mega-IPOs from OpenAI, Anthropic, and SpaceX could mint fortunes—and test whether the AI boom has gotten ahead of itself.

Decentralized lending platform Morpho has secured $175 million in its latest funding round, highlighting the rise of curated lending vaults.