Wall Street Just Killed the Correspondent Bank
Wall Street just proved it can settle tokenized Treasuries across borders in seconds using a public blockchain, and nobody had to ask permission from a correspondent bank.
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Frontier Companies Wire AI Agents Into Real Work While Competitors Still Plan
The companies winning at AI aren't the ones with the biggest budgets—they're the ones who figured out how to wire agents into actual work.
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OKX lets you gamble on OpenAI's $300B valuation with zero ownership rights
You can now bet on OpenAI's valuation without owning a single share, voting on a single board decision, or having any claim if the company goes public.
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Coinbase Engineer: AI Agents Will Destroy Google and Meta's $600B Cash Machine
The $600 billion advertising engine that powers Google, Meta, and half the internet assumes eyeballs belong to humans who can be persuaded — but agents don't impulse-buy.
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SpaceX Will Power the AI Lab Elon Musk Is Suing
Elon Musk's rocket company just agreed to power the AI lab he's actively suing, and the deal hints at compute infrastructure leaving Earth entirely. SpaceX is renting data center capacity to Anthropic, the AI startup racing to keep pace with OpenAI and others in compute-intensive model training
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AMD's AI Chip Sales Jump Forces Rivals Into Emergency Spending Mode
The AI chip war just got more expensive for everyone not named AMD or Nvidia. AMD hit a record high after issuing a sales forecast that beat expectations, driven by surging data center AI chip demand
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Musk Offered Altman Tesla's AI Before Threatening to Destroy Him
The world's richest man wanted to hire the architect of ChatGPT to run Tesla's AI, then tried to settle a lawsuit by threatening to destroy him, then showed up in court anyway.
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BlackRock's Bitcoin ETF Hit $532M in One Day While Wall Street Still Can't Custody It
The Bitcoin ETF victory lap is over, and now the real infrastructure work begins. Spot Bitcoin ETFs drew $532 million in a single day, led by BlackRock and Fidelity, marking three straight days of inflows
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Aave Liquidates $5M From Kelp Hacker After Legal Threats
When DeFi's code can't finish the job, you call the lawyers. Aave liquidated the remaining rsETH positions held by the Kelp DAO attacker, but only after governance voted to manually manipulate the oracle price to create a deficit.
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Anthropic Signs Compute Deal With Musk Days Before $40B IPO
The AI company racing to IPO just signed a compute deal with the man who's been calling AI safety research a scam for years. Anthropic signed a deal with SpaceX/xAI to use all compute capacity at the Colossus 1 data center, part of its infrastructure buildout ahead of a planned June IPO
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CoreWeave's $3.1B Loan Drew $19B in Bids, Slashed Interest Rates
When you can raise $19 billion in demand for a $3 billion loan, you don't pay market rates anymore. CoreWeave secured a $3.1 billion loan backed by customer chip contracts, with lower interest rates than initially offered due to overwhelming demand
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Claude Can Now Simulate Every Possible Outcome Before It Acts
Anthropic just gave Claude agents the ability to run internal simulations before acting—and paired it with enough compute firepower to make those dreams matter at scale.
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SpaceX Building $55B Chip Plant to Train Its Own AI
When the rocket company starts making its own chips, it's not about satellites anymore — it's about securing the infrastructure to train the AI that runs everything else.
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Anthropic Pays Elon Musk for What Amazon Can't Buy
The AI lab bankrolled by Amazon just paid Elon Musk for the one thing you can't manufacture overnight: GPU capacity at scale.
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Cloudflare Just Admitted Bots Control Most of the Internet
The internet you grew up with was built for humans clicking around—now bots run the majority of traffic, and nobody's getting paid for what they scrape.
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Wall Street Preps $10B Data Center IPO Wave as AI Gold Rush Peaks
The picks-and-shovels play is getting crowded, and the people selling the shovels are about to cash out. Wall Street banks are preparing billions in IPOs for data center companies, riding the wave of AI infrastructure demand
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Hut 8 Soars 30% After Landing $9.8B Nvidia-Spec Deal
A Bitcoin miner just became a billion-dollar AI landlord, and the market noticed before most people finished their coffee. Hut 8 secured a $9.8 billion deal to commercialize its Beacon Point data center in Texas, with infrastructure built to NVIDIA specifications for AI workloads
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Nvidia Drops $500M on Glass Company Because AI Chips Need Cables
The chip maker just bought a stake in the pipe maker, because AI doesn't run on silicon alone. Nvidia bought $500 million in share rights for Corning, the fiber-optic cable manufacturer, as part of a broader AI infrastructure partnership.
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OpenTrade Hits $200M Moving Stablecoin Holders Into 5% Treasury Yields
Stablecoins finally have a bridge to the yields sitting in boring old treasury bills, and the neobanks are paying attention. OpenTrade raised $17M led by Mercury Fund and Notion Capital, with backing from a16z, to build infrastructure connecting stablecoins to real-world asset yields
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Musk's Texas Chip Factory Just Hit $200 Billion—Double Wall Street's Estimate
The guy who said he'd colonize Mars is now trying to outspend Intel's entire market cap on a chip factory—and the bill just doubled Wall Street's estimate.
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