Nvidia’s $500B AI Infrastructure Push Could Deepen Divide With Decentralized Networks
Nvidia (NVDA) is reportedly seeking to attract more than $500 billion in outside funding to build out AI computing infrastructure,…
Category: Financial
This Nvidia-backed stock has turned $10k into 50k in a year
A $10,000 investment in Intel (NASDAQ: INTC) a year ago would be worth almost $50,000 today after the Nvidia (NASDAQ:…
Sequoia Capital AI investment hits $10B, its largest bet ever
Venture capital firms rarely announce a $10 billion bet in a single breath, but that’s exactly what Sequoia Capital just…
Pokémon cards are becoming multibillion dollar market. Crypto wants to fix how they trade
It’s 3:30 a.m. on a cool April morning, and hundreds of people are already lined up outside a Costco in…
India Eyes Global Rupee Role as BRICS Discusses CBDC Payment Network
India is strengthening its efforts to bring its native currency, the rupee, to the global financial market. As BRICS countries…
Crypto-friendly bank Erebor in talks to raise $1.5 billion at $9.5 billion valuation: FT
Tech-oriented lender Erebor Bank is in advanced talks to raise about $1.5 billion in a deal that would value the…
Fed’s Goolsbee Calls Inflation the Biggest Problem Amid Rate Hike Debate
Chicago Federal Reserve Bank President Austan Goolsbee has signaled that bringing inflation down should be the priority, describing it as…
Stablecoin Card Issuer Rain Buys Merchant Wallet Startup Ansa
Rain acquired Ansa, a startup whose software lets merchants run their own branded prepaid wallets, the stablecoin card issuer announced.…