U.S.- China AI race heats up as Chinese rivals secure billions ahead of IPOs
DeepSeek and Moonshot attract fresh capital ahead of planned listings, while OpenAI courts major investors. Source:CoinDesk
Crypto PAC announces support for 32 House candidates in US midterms
Fairshake said it would financially back 32 House candidates who all voted in favor of the CLARITY market structure bill in 2025, as the bill remains in limbo…
Kraken parent adds 24/7 dollar settlement with Singapore Gulf Bank
The partnership will enable select institutions in Asia and the Gulf region to instantly settle US dollar transactions through the bank’s SGB Net…
The Clarity Act stalled. Bankers aren’t hitting the brakes yet on crypto dealmaking
Crypto M&A has hit record levels, but the Clarity Act’s Senate setback leaves dealmakers weighing how much regulatory uncertainty still matters. Source:CoinDesk
Crypto's Sisyphean struggle
Progress will effectively reset when the new Congress is sworn in, because key senators who quarterbacked the bill will not be on the ballot again, writes the…
Crypto advocacy group announces picks for US Congress as midterms loom
The organization’s endorsements in the House and Senate came as many polls showed Democrats favored to regain control of both chambers in 2027.…
Wall Street may be sleeping on this networking stock tied to Google and OpenAI
A critical bottleneck in data centers is creating a massive runway for networking stocks like Celestica, according to Bernstein. Source:MarketWatch
This is the big risk that stock investors should be watching as rising bond yields menace markets
While investors worry a spike in global bond yields will drag U.S. equities into correction territory, strategists at BofA Global Research say the real threat…
OpenAI, Google and Meta pledge outside AI audits under voluntary White House deal
Six companies signed a safety pact covering hacking and biological threats, with no penalties or deadline for putting the checks in place. Source:CoinDesk
OpenAI seeks $30 in funding at whopping $1.4 trillion valuation after delaying IPO
The ChatGPT maker is pursuing fresh funding after delaying its public listing, while expanding its AI tools despite mounting safety concerns. Source:CoinDesk
OpenAI valuation could hit $1.4T in new funding round: Report
OpenAI is reportedly seeking another $30 billion from investors as the ChatGPT developer pushes its longawaited public market debut into 2027.…
OpenAI launches a rival to Meta’s Muse, as the battle for AI agents kicks into high gear
Personal AI assistants are shaping up to be the new frontier for tech companies. Source:MarketWatch