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Spend

Ramp CEO Eric Glyman says the company’s counterintuitive secret to success is helping customers spend less

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On this episode of Fortune’s Leadership Next podcast, Editor-in-Chief Alyson Shontell talks with Eric Glyman, the CEO of Ramp. They discuss how the company reached a billion-dollar valuation faster than any other New York company; whether AI integrations are actually helping companies’ bottom lines; and how Glyman scales himself to represent the rapidly growing company. Listen to … Read more

US Tech Giants Race to Spend Billions in UK AI Push

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Microsoft and Nvidia have unveiled plans to invest up to $45 billion dollars into the UK economy, in a move that will bolster the building of more data centers as well as research and development into artificial intelligence. The investment comes as US president Donald Trump travels to Britain, where he is expected to announce … Read more

Monero price holds support despite double spend concerns

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Monero held support near $300 after the network’s largest block reorganization on record, a 43-minute event that shook miner trust but did not produce confirmed double-spends. Summary Monero suffered an 18-block reorganization on Sept. 14 after a brief hashrate concentration by the Qubic pool. XMR rose to roughly $308 before settling near $300, with spot … Read more

Czech central bank chief wants to spend billions on Bitcoin after Trump ‘guys’ spark bubble

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The boss of the Czech Republic’s central bank wants to pump billions of euros of the country’s reserves into Bitcoin, a landmark move that would likely upset fellow European central bankers. Czech National Bank (CNB) governor Aleš Michl floated the idea of his country becoming the first in Western Europe to hold some of its … Read more

Meta to spend tens of millions on pro-AI super PAC

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Meta plans to launch a super PAC to support California candidates favoring a light-touch approach to AI regulation, Politico reports. The news comes as other Silicon Valley behemoths, like Andreessen Horowitz and OpenAI’s Greg Brockman, pledge $100 million for a new pro-AI super PAC.  Meta will pour tens of millions into its new group, dubbed … Read more

Analysts downplay AI bubble worries as Altman looks to spend trillions

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The artificial intelligence boom that Sam Altman helped ignite with ChatGPT in late 2022 is starting to make even him uneasy. Startups with little more than a pitch deck are raising hundreds of millions. Valuations have become “insane.” Capital is chasing a “kernel of truth” with feverish speed. The OpenAI CEO still believes the long-term … Read more

Sam Altman admits OpenAI ‘totally screwed up’ its GPT-5 launch and says the company will spend trillions of dollars on data centers

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Sam Altman wants to rewire the internet, build brain-computer interfaces, and maybe even buy Google Chrome. He even sees a future where sustaining ChatGPT’s growth means building infrastructure so massive it rivals the world’s largest utilities. But first, he’s cleaning up a mess at the center of his empire: GPT-5. The OpenAI CEO told reporters … Read more

European Travelers Embrace Crypto: Bitget Survey Finds 85% Ready To Spend Crypto On Holidays

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Bitget’s recent survey has revealed that cryptocurrency is moving from investment portfolios to real-world spending quickly.  A strong majority of European crypto users are now willing to fund their holidays using digital assets.  Bitget’s study, which polled over 3000 European users, throws light on the demand drivers behind crypto-powered travel. Apparently, 85.32% of respondents used … Read more

Silicon Valley’s AI Spend Goes Berserk as Microsoft Starts Cashing In

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Meta, Apple, Microsoft, and Amazon all reported quarterly earnings this week, and there was a common thread tying them together: a boom in AI spending and plans to increase it even more, beyond analyst expectations. Although capital expenditures above expectations often don’t tend to make investors particularly happy, it had pretty much the opposite effect … Read more

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