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Key Takeaways Elon Musk denied recent rumors about xAI, his AI startup, securing $15 billion in new funding. xAI already completed a funding round in 2024 to boost AI development. Share this article Elon Musk on Thursday denied a report about xAI, his AI startup, raising new capital, calling it “false.” The firm was said … Read more
Key Takeaways Tether, the leading stablecoin issuer, is projected to earn $15 billion in profit. The company has a whopping 99% profit margin, according to CEO Paolo Ardoino. Share this article Tether, issuer of the leading dollar-pegged stablecoin, is projected to earn $15 billion in profit this year, according to CEO Paolo Ardoino. The stablecoin … Read more
Key Takeaways Polymarket is seeking new funding at a potential valuation of up to $15 billion. The project is a leading blockchain-based prediction market platform. Share this article Polymarket, a blockchain-based prediction market platform, is seeking funding that could value the company at up to $15 billion. The platform has emerged as a leader in … Read more
The United States has exposed a massive forced-labor and cyber-fraud network operating out of Cambodia, seizing nearly $15Bn in Bitcoin now held in federal custody. The unprecedented case raises a new question: could these funds eventually become part of Washington’s Strategic Bitcoin Reserve? JUST IN: 🇺🇸 US Government seizes $15 billion worth of Bitcoin from … Read more
Google is making a $15 billion investment to set up a 1-gigawatt data center and AI hub in India, even as the Indian government pushes for reduced reliance on U.S. tech giants. On Tuesday, Google said it would build the data center in the southern state of Andhra Pradesh, in the port city of Visakhapatnam. … Read more
Cryptocurrency exchange Kraken is allegedly preparing to raise $500 million in new funding, aiming for a $15 billion valuation. Summary Kraken is targetting a $500M raise at a $15B valuation to support growth. U.S. crypto laws like the GENIUS and CLARITY Acts bring more regulatory certainty and encourage investors. Kraken is expanding through acquisitions, licenses, … Read more
Meta hopes to bridge its AI gap with other major tech firms, with CEO Mark Zuckerberg personally assembling an AI “superintelligence group.” Meta is ramping up efforts to control the future of artificial intelligence. According to a June 10 Bloomberg report, CEO Mark Zuckerberg is personally assembling a team of experts for a new division … Read more
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