Norway's $1.6 Trillion Sovereign Wealth Fund Just Went All In on Bitcoin
The institutions that used to dismiss Bitcoin as internet funny money just collectively placed a $1.6 billion bet that they were wrong.
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Anthropic Just Posted $11.5 Billion in One Quarter
The AI lab that raised $7.3 billion last year just posted $11.5 billion in quarterly revenue — and did it profitably. Anthropic posted preliminary Q2 2026 revenue exceeding $11.5 billion, a 14-fold increase year-over-year, with positive adjusted operating profit for the first time
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Anthropic Wants Apple's Valuation on Revenue It Won't See Until 2028
The AI company that burned through billions to build Claude is now asking investors to price it like Apple, based on revenue that doesn't exist yet. Anthropic is preparing for an October IPO with a target valuation above $2 trillion, which would make it the largest public offering in history
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Abu Dhabi's $302B Sovereign Fund Now Holds More Bitcoin Than Most Countries
Sovereign wealth funds—the adults in the room of global finance—are quietly building positions that would make crypto Twitter blush.
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Citigroup CEO Tells Congress to Pass Crypto Bill With Banking Carveout
The world's third-largest bank just told Congress it wants crypto regulation, but only if they fix the part that could kneecap traditional banking.
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Harvard Bets $2.2 billion on SpaceX as Institutions Flood the IPO
The world's oldest university and the world's largest sovereign wealth fund just told you exactly where institutional money goes when private markets finally open up.
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Nvidia Pulls $120B Pledge From OpenAI After Seeing the Bill
The chip maker that built the picks and shovels for the AI gold rush just blinked at the size of its own bet. Nvidia scaled back its financial guarantee for OpenAI's data center project to under $120B, signaling growing caution around AI infrastructure risk exposure
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Anthropic Offers $6B for Decart While Pitching Itself at $2 Trillion
Anthropic is shopping for speed at $6 billion while its backers pitch a public market valuation 333 times higher. Anthropic is in talks to acquire Decart AI for $6 billion, according to Bloomberg, targeting efficiency gains as it prepares for a potential IPO
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Nvidia Drops $21B on SpaceX as AI Wars Move to Orbit
The chipmaker betting everything on AI just put $21 billion on space infrastructure, and that's not a diversification play.
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Dartmouth's $8.5B Endowment Lost $2M in Crypto and Didn't Sell a Single Coin
An Ivy League endowment just told you exactly how institutional money navigates crypto winters: hold the ETFs, ride the volatility, keep staking. Dartmouth's endowment saw its crypto holdings drop from roughly $14M to $12M as Bitcoin, Ethereum, and Solana prices fell
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Jane Street Posts Record Quarter Days After Denying $15B Loss Rumor
When a $15 billion loss rumor collides with a record-breaking quarter and a credit upgrade, you're watching the fog of war in quantitative finance.
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Anthropic Could Be Last Private AI Company Standing as Rivals Rush to IPO
The company that said no to advertising revenue and consumer lock-in might soon be the only AI builder left that answers to no one but itself. Anthropic CEO floated the possibility of becoming the last major private AI company globally, as competitors chase public market liquidity
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Claude Now Writes 80% of Anthropic's Code Base
The company building the AI safety model just admitted the AI is building itself. Anthropic disclosed that Claude now writes over 80% of its production code, meaning the AI assistant is building most of the infrastructure that runs it
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Chinese AI Cuts Prices 90% While US Models Double Down on Quality
The race to build useful AI agents just split into two markets: one where quality costs extra, and one where speed is nearly free. Google launched Gemini 3.7 Flash publicly while OpenAI kept GPT-5.6 Sol Ultrafast invite-only, signaling different strategies for capturing the agent market
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Cboe Wants SEC to Approve 3x Bitcoin ETFs That Triple Your Losses
The SEC just got asked to greenlight a product that could triple both your gains and your losses on the same day. Cboe filed with the SEC to list the first 3x leveraged Bitcoin and Ethereum ETFs in the US, structured by LeverageShares, which already runs similar products in Europe
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OpenAI's CFO Just Started IPO Roadshows Without Disclosing Energy Costs
The AI company most likely to reshape public markets is going public with investor roadshows underway and its environmental footprint conspicuously missing from the pitch deck.
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Anthropic's Secret AI Already Beats Every Public Model Available
The best AI model in the world right now is one you'll never use. Anthropic has built Model 2, an internal system that beats Mythos 5, but won't release it publicly The hold-back comes as IPO speculation around Anthropic climbs and safety concerns about misalignment intensify
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Anthropic Can't Find an Auditor That Doesn't Use Claude
When the company building Claude needs an auditor, every Big Four firm has a conflict of interest — turns out you can't audit what you're also using to stay competitive.
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Israel's Biggest Bank Just Gave 2.5 Million People Bitcoin Access
The second-largest economy in crypto adoption just got a retail front door, and it's run by the people who killed the first attempt.
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Bitwise Plans First Tokenized Staking ETF After Solana Fund Hits $150M
The bridge between Wall Street and Web3 just got a structural engineer. Bitwise partnered with Superstate to explore tokenizing shares of its Solana Staking ETF (BSOL), bringing blockchain rails to a regulated financial product
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