Elon Musk’s SpaceX Completes $60B Acquisition of Cursor AI Startup
SpaceX has officially completed its $60 billion acquisition of Cursor AI startup Anysphere, making Cursor a wholly owned subsidiary of…
Category: Financial
B3 Labs launches B3IQ to let users earn from idle Nvidia GPU servers
B3 Labs, a startup founded by former Coinbase employees, has introduced B3IQ, an AI infrastructure platform designed to help users…
Crypto VC will prioritize quantum-ready infrastructure heading into 2027, Moon Pursuit founder says
Moon Pursuit Capital founder Utkarsh Ahuja has said crypto venture investors will prioritize quantum-ready infrastructure heading into 2027 as global…
Nvidia discloses 122.8 million SpaceX shares worth $21 billion in surprise filing
Nvidia (NASDAQ: NVDA) has disclosed a very large investment in SpaceX (NASDAQ: SPCX), showing that the chipmaker owns 122.8 million…
US Tells India to Pick a Side on AI: What Could It Mean for India’s Crypto and Tech Ambitions?
The US and China are increasingly turning the AI race into a battle, with India now caught in between. The…
Robinhood’s $225.5M venture fund opens below IPO price
Robinhood Ventures Fund II has raised $225.5 million and opened at $22.50 on the New York Stock Exchange, 10% below…
Aschenbrenner’s fund loaded up on memory stocks before 67% loss
Recent filings with the SEC show that Leopold Aschenbrenner’s Situational Awareness AI hedge fund had almost fifty percent of its…
Jane Street Just Lost $15B. Should Crypto Investors Worry About Liquidity Next?
Jane Street has reportedly suffered a $15 billion loss in July, driven by its exposure to the AI-focused hedge fund…
These two developments can stop US stocks relentless surge in 2026
US stocks have been charging higher with remarkably little resistance in 2026, repeatedly shrugging off inflation worries, geopolitical risks and…
Institutional investor Paul Tudor Jones adds 109,446 BlackRock Bitcoin ETF shares while cutting calls by 85%
Tudor Investment reported 18.9% more direct shares in BlackRock’s iShares Bitcoin Trust ETF at June 30 than it held three…