Phong Le says Strategy is more than a Bitcoin balance sheet
Strategy CEO Phong Le says Q1 software growth and AI work support the company’s Bitcoin treasury model.
Scripps News AI·
Elon Musk took the stand for the second day Wednesday in the landmark trial that pits the world's richest person against Sam Altman, a fellow OpenAI co-founder.
Read full articleStrategy CEO Phong Le says Q1 software growth and AI work support the company’s Bitcoin treasury model.
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
Strategy's Bitcoin sales will not move the markets, despite it owning more than 4% of the digital currency's maximum supply, Le said.
Elon Musk and Sam Altman battle it out in court, and the outcome could carry significant ramifications for how AI development is shaped.
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…
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.…
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…