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Oliver Blume wants to make a deal. The CEO of Volkswagen Group, the world’s second-largest carmaker, is prepared to put a minimum of $10 billion on the table in exchange for lower tariffs levied by the Trump administration. Under the proposal, for every dollar that Volkswagen invests, it would like to receive in return an … Read more
Anthropic is planning to seek investment from the United Arab Emirates and Qatar, according to a Slack message CEO Dario Amodei sent to staff Sunday morning, which WIRED obtained. Weighing the pros and cons, Amodei acknowledged in his note that accepting money from Middle East leaders would likely enrich “dictators.” “This is a real downside … Read more
Key Takeaways Trump’s upcoming executive order would open 401(k) plans to crypto, gold, and private market investments. The move follows the reversal of Biden-era restrictions and passage of three crypto bills supported by Trump. Share this article Donald Trump is preparing to sign an executive order this week that would open the $9 trillion US retirement … Read more
When two South Korean companies announced a multibillion-dollar investment to build solar panel and electric battery factories in northwest Georgia, federal subsidies helped close a deal to diversify the local economy. The factories promised thousands of new jobs, transforming the manufacturing base in Cartersville, once a cotton mill town before an Anheuser-Busch brewery arrived in the 1990s and a … Read more
Digital asset and blockchain investment company, Galaxy Asset Management’s Galaxy Digital, has announced raising over $175 million in capital commitments. The fund is earmarked for investing in “early-stage companies developing critical infrastructure and applications for the onchain economy.” On 26 June 2025, Galaxy Digital said that the Fund specifically has and will continue to target … Read more
Parents make countless sacrifices for their children. And now that college is more expensive than ever, they’re jeopardizing their own financial futures to try to secure their kids’. In a survey of 1,000 parents from Citizens Bank released Tuesday, respondents say they are taking on a second job (19%), borrowing against their 401(k) or liquidating … Read more
No company has capitalized on the AI revolution more dramatically than Nvidia. Its revenue, profitability, and cash reserves have skyrocketed since the introduction of ChatGPT over two years ago — and the many competitive generative AI services that have launched since. And its stock price soared. During that period, the world’s leading high-performance GPU maker … Read more
Key Takeaways Purpose Investments will launch the Purpose XRP ETF on the Toronto Stock Exchange on June 18, providing spot XRP exposure. The ETF, trading under ticker XRPP, will offer CAD-hedged, CAD non-hedged, and US dollar units for investors. Share this article Purpose Investments, the firm behind the world’s first spot Bitcoin ETF, is launching … Read more
Despite what some experts have characterized as an environment increasingly hostile to AI R&D, North America continues to receive the bulk of AI venture dollars, according to data from investment tracker PitchBook. Between February and May of this year, VCs poured $69.7 billion into North America-based AI and machine learning startups across 1,528 deals. That’s … Read more
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