Trump kills AI safety oversight just as new research shows models can find exploits faster than humans. Meanwhile Coinbase buys crypto like retail in a surprising 22 million dollar market spree. Plus Trump wants companies to share AI models before going public.
Bitcoin's price is approaching levels that have marked generational buying opportunities, but the pain trade that makes those opportunities real hasn't arrived yet.
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The New York Stock Exchange's parent company just bought into a crypto exchange that couldn't get a US license two years ago. Intercontinental Exchange acquired a stake in OKX at a $25 billion valuation, investing roughly $200 million and securing a board seat
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Anthropic just leaked its own source code, and the AI community is reverse-engineering their roadmap in real time. Anthropic accidentally released source code for Claude, exposing implementation details of its AI agent architecture
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Sequoia Capital just brought Doug Leone back from the bench, and that tells you everything about what venture thinks is coming next. Doug Leone, a Sequoia investor since 1988, is now chairman and back in the deal game after stepping away in 2022
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A bitcoin miner just announced it's selling all its bitcoin to build AI infrastructure, and that tells you everything about where the real compute war is heading. Bitfarms is actively selling its bitcoin holdings and targeting zero BTC on its balance sheet as it pivots from mining to AI data centers
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OpenAI just pulled $3 billion from retail investors in a $122 billion raise that values the company at $852 billion, and if you think that number sounds insane, you're paying attention.
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Oracle just burned through so much cash building AI infrastructure that it's now cutting thousands of jobs and taking on tens of billions in debt. Oracle is laying off thousands of employees after aggressive AI data center spending drained cash reserves
Continue reading ›OpenAI's valuation soars to $122 billion though most funding comes as compute credits rather than cash. Meanwhile Bitcoin receives its first major credit rating from Moody's, Microsoft commits $7 billion to Texas energy infrastructure for AI operations, and the Department of Labor opens 401(k)s to p
When a Bitcoin treasury company sells Bitcoin, either the strategy is broken or the stock never made sense in the first place. Nakamoto (NAKA) shares hit new lows after the firm sold roughly $20 million in BTC, contradicting its entire business model
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OpenAI just closed $122 billion in commitments, but only a fraction hits the bank account now. OpenAI finalized a massive funding round with $122 billion in total commitments, though most of the capital won't arrive immediately
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Microsoft is about to write a $7 billion check to own its own power plant in Texas, and that tells you everything about where AI infrastructure is heading.
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OpenAI just closed a $122 billion raise at an $852 billion valuation, and the number that matters isn't the price tag—it's what they're buying time to build. OpenAI raised $122 billion at an $852 billion valuation, the largest funding round in the company's history
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Bitcoin just got a credit rating for a public bond deal, and that changes everything about how institutions can use crypto as collateral. A New Hampshire state authority is issuing the first bitcoin-backed bond rated by Moody's, receiving a Ba2 rating (non-investment grade, but rated nonetheless)
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The agent economy just hired its first probation officers. Meta and Amazon are dealing with AI agents causing security breaches and outages, pushing ServiceNow and startups to build "guardian AI agents" that monitor and control other agents
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OpenAI just raised $122 billion at an $852 billion valuation, and the check isn't for software developers. OpenAI closed a $122 billion funding round at an $852 billion valuation, the largest in the company's history
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Nvidia just wrote a $2 billion check to Marvell, and it's not about owning another chip company—it's about controlling the entire AI infrastructure stack. Nvidia invested $2 billion in Marvell Technology as part of a strategic partnership focused on silicon photonics and custom AI chip integration
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Anthropic left the source code for Claude Code sitting in a public repository, and now it's replicated across the internet like a digital wildfire.
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A crowdsourced AI feedback startup with $33M from a16z crypto just folded in under a year. Yupp.ai is shutting down less than a year after launch, despite raising $33M with Chris Dixon from a16z crypto leading
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OpenAI just raised $122 billion, the largest tech fundraise in history, and the money isn't going where you think. OpenAI closed a $122 billion funding round to expand frontier AI research, build compute infrastructure, and scale ChatGPT and enterprise tools globally
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OpenAI just let ordinary investors buy a piece of the most valuable private company on earth, and that changes everything about who owns the AI future. OpenAI raised $3 billion from retail investors, its first public offering to individuals, as part of a $122 billion total funding round.
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