Someone just bet $60 million that AI can crack the $9.5 trillion-a-day forex maze that still runs on spreadsheets and phone calls. MillTech raised $60 million from Apax Digital Funds to build AI tools for currency hedging and cash management in the FX markets
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The big money just told you what they think about AI's trajectory: they're buying the dip while you're still reading headlines about geopolitics. Major investment firms are loading up on AI stocks and Treasuries following the US-Iran ceasefire, betting geopolitical volatility has peaked
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Bitcoin miners are becoming AI infrastructure plays, and the market is finally catching on. Bitcoin is approaching $100K as geopolitical tensions ease and capital flows shift, reinforcing crypto's role as a hedge against instability.
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While everyone watches Harvey and Legora fight for the generic legal AI crown, the real money is going vertical. Patlytics raised $40M Series B led by SignalFire to automate the full patent lifecycle, from filing to litigation
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Coinbase just won the right to sell stock derivatives in Australia, and it's not about crypto. Coinbase secured an Australian Financial Services License, planning to offer both crypto and equity perpetuals in the region
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A defense startup building autonomous hypersonic aircraft just hit unicorn status, and the Pentagon is writing the checks. Hermeus Corp. raised $350 million to build the fastest uncrewed aircraft for the US Department of Defense, vaulting it to unicorn valuation
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Ethereum just became the rails for $180 billion in stablecoins, and that number might hit $850 billion by 2030. Stablecoin supply on Ethereum hit an all-time high of $180 billion, representing 150% growth over three years
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A K-pop startup is taking AI idols public in Seoul and New York, and it's the clearest signal yet that virtual performers are crossing from novelty to asset class. Galaxy, an AI K-pop startup, is planning a dual IPO in Seoul and New York, bringing AI-generated performers to public markets
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Your AI system isn't down, it's just slowly becoming useless, and your monitoring tools have no idea. Engineers are encountering a new failure mode in AI systems: everything looks operational while outputs drift into wrongness
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Anthropic just built an AI so dangerous it won't release it publicly, but it's sharing access with Amazon, Apple, and Microsoft so they can defend against what's coming.
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Bitcoin just jumped 5% because a president hit pause on airstrikes, and that tells you everything about what crypto actually is in 2025. Bitcoin rose above $72K after Trump announced a two-week pause on Iran military strikes following talks with Pakistan's PM
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OpenAI just raised $122 billion at an $852 billion valuation while planning to lose $111 billion over five years. OpenAI closed $122 billion in committed capital at $852B valuation, putting it alongside Walmart and Samsung by market cap
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Bitcoin is now a geopolitical thermometer, and Trump's Iran deadline just sent it swinging from fear trade to relief rally in 48 hours.
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Niantic just turned millions of Pokémon Go players into the training data for the robot economy. Niantic launches Scaniverse platform, crowdsourcing centimeter-accurate 3D maps of the world using phones, 360 cameras, and drones
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The FDIC just drew the regulatory perimeter around stablecoins while Congress is still arguing about the blueprint. The FDIC approved a proposed rule to establish a regulatory framework for stablecoin issuers and opened it for public comment
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The IMF just said the quiet part out loud: tokenizing Wall Street's plumbing might make the next financial crisis happen faster than regulators can type "emergency meeting."
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Oracle is financing AI infrastructure like a sovereign nation builds airports, and the bond market just showed up with $14 billion. Pimco is in talks with Bank of America to provide roughly $14 billion in debt financing for a single Oracle data center in Michigan
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SpaceX is bypassing Wall Street's gatekeepers and offering 30% of its $2 trillion IPO directly to retail investors. SpaceX plans a June retail investor event ahead of what could be history's largest IPO, targeting a $2 trillion valuation and $75 billion raise
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Intel just bet its comeback on Elon Musk's plan to build a chip factory big enough to power a robot army and data centers in space. Intel is partnering with SpaceX, xAI, and Tesla to design and build Terafab, a massive AI chip fabrication facility in Austin, Texas
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Intel just bet its comeback on building chips for Musk's AI empire. Intel is joining Elon Musk's Terafab project, a chip manufacturing effort designed to supply Tesla, SpaceX, and xAI with custom semiconductors
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