The buyback highlights geopolitical tensions impacting tech investments, potentially reshaping AI innovation and regulatory landscapes globally.
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The billionaire founder and CEO of the New York-based hedge fund Third Point LLC is deploying tens of millions of dollars into two hyperscaler names. The latest 13F filing from the U.S. Securities and Exchange Commission (SEC) shows that Dan Loeb opened a new stake in Meta (META) in Q1 of this year, accumulating 90,000 […]
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Jio Platforms filed for India's largest IPO, targeting $3.8 billion with backing from Meta, Alphabet, and KKR. Post-IPO valuation could reach $130-180
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Meta's deal with Crusoe Energy highlights the growing demand for specialized energy solutions in AI, underscoring a shift from traditional utilities.
The post Meta signs 1.6 gigawatt AI compute deals with Crusoe Energy across Texas and Missouri appeared first on Crypto Briefing.
General Intuition, the New York-based AI startup building foundation models that teach agents to reason through space and time, is in talks to raise approximately $300 million, according to sources familiar with the matter. The round would value the company at just over $2 billion and follows a $134 million seed raised eight months ago […]
Visa stablecoin settlements reach a $7B run rate; MoneyGram launches MGUSD and joins Tempo. Could Meta use USDC for creator pay? Steps, trade-offs, and risks.
Miami-based AI startup Subquadratic came out of stealth mode last month with a huge claim. It announced that it had solved a mathematical bottleneck that had been holding back large language models for almost a decade. The details were thin, and many people were unconvinced. But Subquadratic has started to bring the receipts, sharing the…