The evidence Musk is dragging into court might matter more than the verdict itself. Greg Brockman wrote "what will take me to $1B?" in his diary two years after co-founding OpenAI as a charity, a diary now unsealed as trial evidence showing the nonprofit-to-profit arc wasn't exactly organic
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China's search giant is betting the public markets will pay a premium for picks-and-shovels plays in the AI arms race. Baidu's chip unit Kunlunxin is planning dual IPOs on Shanghai's STAR Market and in Hong Kong
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When your compliance deal includes an independent monitor and you still need a reminder letter, the problem isn't technical.
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The second-largest US crypto exchange just proved that decentralization is still mostly marketing. Coinbase suspended trading for hours Thursday after an AWS data center in Northern Virginia overheated, forcing markets into "cancel only" mode before resuming operations hours later.
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The same traders who cheered Bitcoin's climb are now the ones selling into it. Bitcoin dropped below $80,000 after briefly rallying above $81k, with CryptoQuant data showing traders taking profits into strength
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While VCs tighten their belts, a Layer 1 just opened its own checkbook to build the infrastructure its agents will need. Aptos committed $50 million to grow its ecosystem, covering first-party products, protocol infrastructure, and agentic AI projects
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The data center fundraising cycle used to move on quarterly earnings calls — now it moves at the speed of insomnia. Principal Financial is raising $3 billion across two funds targeting US and European data centers, signaling institutional capital is chasing AI infrastructure at scale
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When the president's son has to personally deny your crypto company is imploding while you're fighting a billionaire in court, you're either building the future of finance or watching it collapse in real time.
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The biggest corporate bet on Ethereum is about to declare victory and move to the next phase. BitMine Immersion Technologies will slow its ETH purchases as it approaches its goal of owning 5% of total Ethereum supply, roughly $12 billion worth.
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The boom-bust metronome that governed crypto for over a decade just stopped ticking. Bitwise CEO Hunter Horsley declared the four-year crypto cycle dead, marking institutional participation as the structural break.
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The ETF guys just figured out that tokenization isn't a threat to their business model—it's the next product line. Bitwise is acquiring Superstate's $267M tokenized Crypto Carry Fund, marking the first major crypto ETF issuer to move into tokenized fund management
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Anthropic just handed AI agents something they've never had before: the ability to wake up smarter than they were yesterday.
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When nearly a billion dollars moves in 48 hours, that's not strategy pivot—that's security panic.
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The same artificial intelligence powering the data center boom is now reading the fine print on $1.8 trillion in private loans — and it doesn't like what it sees. AI tools are exposing hidden risks in private credit, spooking investors in a market that doubled in size since 2020
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The man who built a corporate religion around never selling Bitcoin just admitted he might sell Bitcoin. Strategy posted a $12.54 billion Q1 loss, driven by $14.46 billion in unrealized Bitcoin markdowns as BTC price dropped
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The largest crypto exchange in America just lost $394 million because people stopped trading, and its answer is to let AI agents write production code.
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Wall Street just wrote a billion-dollar check to bet on betting, and the real story isn't the valuation—it's that prediction markets are eating traditional finance's homework.
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The courtroom receipts say what the November 2023 press releases couldn't: OpenAI's board fired Sam Altman because he lied, and his own CTO just said so under oath.
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The plumbing of global finance is about to get a blockchain upgrade, and this time it's not the crypto kids asking—it's the suits who move trillions.
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Traditional markets celebrate geopolitical calm while crypto bleeds on its own bad news, a decoupling that says more about industry fundamentals than Middle East diplomacy.
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