We’re feeling cynical about xAI’s big deal with Anthropic
On the latest episode of the Equity podcast, we discussed what xAI's deal with Anthropic might mean for parent company SpaceX.
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Anthropic raise talks are targeting a $900bn valuation and up to $50bn in fresh capital, sources told the Financial Times. Anthropic raise talks are targeting a $900bn valuation and up to $50bn in fresh capital, sources told the Financial Times.…
Read full articleOn the latest episode of the Equity podcast, we discussed what xAI's deal with Anthropic might mean for parent company SpaceX.
After hovering slightly above the $320 billion threshold last week, the stablecoin sector pulled in more than $2 billion in fresh capital over the past seven days. Data from Defillama shows the stablecoin economy now carries a combined market capitalization of $322.74 billion. Stablecoin Market Starts Swelling Again As of this weekend, tether ( USDT) […]
The trial highlights the ethical and strategic tensions in AI development, impacting future governance and collaboration in the tech industry. The post Elon Musk and OpenAI executives face intense questioning in high-stakes trial appeared first on Crypto Briefing.
The awards come as the first class to have ChatGPT access for all four years of college is about to graduate.
The post Nvidia Crosses $40 Billion in AI Investments, Expanding Equity Bets Across Supply Chain appeared on BitcoinEthereumNews.com. TLDR: Nvidia has crossed $40 billion in investment commitments in 2026, targeting firms across the AI supply chain. A $30 billion bet on OpenAI stands as Nvidia’s single largest investment, deepening a decade-long partnership. Deals with Corning and IREN tie optical manufacturing and data center capacity directly to Nvidia’s hardware ecosystem. Analysts warn that neocloud investments may be pre-funding GPU purchases, raising questions about organic AI demand. Nvidia has surpassed $40 billion in investment commitments in 2026, backing companies across the AI infrastructure stack. The chipmaker recently agreed to invest up to $3.2 billion in glass maker Corning and $2.1 billion in data center operator IREN. These deals reflect a broader strategy of financing the AI supply chain while securing commercial partnerships. Analysts see both promise and risk in N
OpenAI has crossed $25bn in annualized revenue and is actively preparing its OpenAI IPO for as early as the fourth quarter of 2026. OpenAI has crossed $25bn in annualized revenue and is preparing its OpenAI IPO for as early as…
Kalshi’s valuation has hit $22bn after a $1bn Series F led by Coatue, doubling its worth in just five months. Kalshi’s valuation has hit $22bn after a $1bn Series F led by Coatue, doubling its worth in just five months.…
In the second week of the landmark trial between Elon Musk and OpenAI, Musk’s motivations for bringing the suit were under scrutiny. Last week, Musk took the stand, alleging that OpenAI CEO Sam Altman and president Greg Brockman had deceived him into donating $38 million to the company. He claimed that they’d promised to maintain…