xAI Rockets to $200B Elon Musk’s artificial intelligence startup xAI has raised $10 billion in fresh funding, giving the company a post-money valuation of $200 billion, according to reporting from CNBC’s David Faber. The raise marks a sharp leap from
U.S. Deepens Strategic Role in Global Mineral Supply Chains The U.S. government is negotiating the launch of a $5 billion investment vehicle with Orion Resource Partners to boost domestic and allied access to critical minerals. The initiative, led by the
A New Chapter in One of AI’s Biggest Alliances Microsoft (MSFT) and OpenAI have entered a non-binding agreement aimed at redefining their partnership terms, setting the stage for OpenAI to formally transition into a for-profit entity. The move marks a
IonQ Jumps on UK Approval, Analyst Day Momentum Quantum computing name IonQ surged 15% midday after receiving U.K. clearance for its acquisition of Oxford Ionics. The company also promoted its broader M&A strategy at its analyst day, boosting sector sentiment.
Nvidia (NVDA) is ramping up its presence in quantum computing, making waves with three startup investments in a single week. The chipmaker’s venture capital arm participated in PsiQuantum’s newly announced $1 billion funding round, which also included heavyweights like BlackRock,
The crypto industry notched a significant win Tuesday as the U.S. Senate passed the GENIUS Act, a landmark bill to regulate dollar-backed stablecoins. The bill passed with bipartisan support, 68–30, setting the stage for formalized oversight of stablecoin issuers and
U.S. stock futures remained largely unchanged Tuesday night as investors brace for the Federal Reserve’s rate policy announcement expected Wednesday afternoon. The Dow dipped slightly by 7 points, while S&P 500 and Nasdaq 100 futures nudged just above the flatline.
xAI Rockets to $200B Elon Musk’s artificial intelligence startup xAI has raised $10 billion in
U.S. Deepens Strategic Role in Global Mineral Supply Chains The U.S. government is negotiating the
A New Chapter in One of AI’s Biggest Alliances Microsoft (MSFT) and OpenAI have entered
IonQ Jumps on UK Approval, Analyst Day Momentum Quantum computing name IonQ surged 15% midday
Nvidia (NVDA) is ramping up its presence in quantum computing, making waves with three startup
The crypto industry notched a significant win Tuesday as the U.S. Senate passed the GENIUS
U.S. stock futures remained largely unchanged Tuesday night as investors brace for the Federal Reserve’s
