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OpenAI Seeking $40 Billion In New Fundraising Round: Report
OpenAI, the maker of ChatGPT, is seeking to raise $40 billion in a fresh round of funding that would value the startup at a staggering $340 billion, the Wall Street Journal Reported on Thursday.
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El Salvador Makes Bitcoin Payments Voluntary for Private Sector Merchants to Comply with IMF Loan Conditions
The IMF asked El Salvador to limit its engagement with Bitcoin in order to receive a loan of $1.4 billion (roughly Rs. 12,129 crore). To align with IMF’s condition, El Salvador has made BTC payments voluntary for local merchants in the private sector.
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Experts On How Budget Can Empower Businesses And Consumers
Giving an overview of the retail sector, Mr Parekh said that it has witnessed robust growth, and is projected to rise from $779 billion in 2019 to $1.8 trillion by 2030.
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Microsoft Shares Slide as Cloud Forecast, AI Spending Disappoint
Despite beating quarterly overall sales estimates, investors want better results from the hundreds of billions of dollars that Wall Street heavyweights have been spending to build AI data centers and infuse their products with the emerging technology.
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SoftBank Said to Be in Talks to Invest Up to $25 Billion Into OpenAI
SoftBank could invest $15 billion (roughly Rs. 1,29,880 crore) to $25 billion (roughly Rs. 2,16,450 crore) directly into Microsoft-backed OpenAI, some of which may be used to pay for OpenAI's commitment to Stargate, a person familiar with the matter has said.
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Dive Into The DeepSeek: The Chinese AI Startup That's 'Deeply' Shaking Up Silicon Valley
DeepSeek's disruption comes at an awkward moment for the US President Donald Trump, who launched The Stargate Project- a $500 billion AI infrastructure investment.
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Mysterious Interstellar Object Might Have Shifted Four Planets’ Paths, Study Finds
A mysterious interstellar object, estimated to be eight times the mass of Jupiter, may have significantly altered the orbits of Jupiter, Saturn, Uranus, and Neptune billions of years ago. A study suggests that this body passed remarkably close to the Sun, potentially influencing planetary trajectories. Simulations conducted by researchers indicate ...
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Who Might Buy TikTok In The US?
While Musk hasn't publicly expressed interest in acquiring TikTok, his $44 billion acquisition of Twitter (now X) in 2022 demonstrates his appetite for social media investments.
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Trumps Memecoin Can Now Be Used to Buy Watches and Sneakers
Donald Trump's memecoin had a total market cap of $5.4 billion on Tuesday afternoon in New York.
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Denmark To Boost Security As Donald Trump Ramps Up Threat To Take Over Greenland
Denmark is bolstering its military presence in the Arctic and North Atlantic regions, allocating an additional 14.6 billion Danish crowns ($2.05 billion) to enhance security.
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Entrepreneur Paul Graham Asks 7-Year-Olds At Charity Bake Sale For Change, Sparks Debate Online
American entrepreneur Paul Graham is said to have a net worth of over a billion dollars. His recent post about a bake sale went viral on X (formerly Twitter).
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KuCoin Pleads Guilty, Agrees to Pay Nearly $300 Million in US Crypto Case
KuCoin has pleaded guilty on Monday to operating an unlicensed money transmitting business. Prosecutors said Seychelles-based KuCoin had been used to facilitate billions of dollars of suspicious transactions, and to transmit potential criminal proceeds including from darknet markets and malware, ransomware and fraud.
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Who Lost, Who Won After Selloff Linked To DeepSeek Slams Markets
The world's 500 richest people, led by Nvidia Corp. co-founder Jensen Huang, lost a combined $108 billion on Monday as a tech-led selloff tied to Chinese AI developer DeepSeek sent major indices plunging.
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Nvidia Loses Nearly $600 Billion As China's DeepSeek Jolts Tech Shares
Shares in Nvidia, whose semiconductors power the AI industry, fell nearly 17 percent on Wall Street, erasing nearly $600 billion of its market value.
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US Big Tech Faces Heat As China's DeepSeek Questions Billion-Dollar Spending
Chinese startup DeepSeek's cheaper AI is sharpening investor scrutiny of the billions U.S. tech giants are pouring to develop the technology and analysts say it will dominate this week's much-awaited results from industry bellwethers.
-
OpenAI Seeking $40 Billion In New Fundraising Round: Report
OpenAI, the maker of ChatGPT, is seeking to raise $40 billion in a fresh round of funding that would value the startup at a staggering $340 billion, the Wall Street Journal Reported on Thursday.
-
El Salvador Makes Bitcoin Payments Voluntary for Private Sector Merchants to Comply with IMF Loan Conditions
The IMF asked El Salvador to limit its engagement with Bitcoin in order to receive a loan of $1.4 billion (roughly Rs. 12,129 crore). To align with IMF’s condition, El Salvador has made BTC payments voluntary for local merchants in the private sector.
-
Experts On How Budget Can Empower Businesses And Consumers
Giving an overview of the retail sector, Mr Parekh said that it has witnessed robust growth, and is projected to rise from $779 billion in 2019 to $1.8 trillion by 2030.
-
Microsoft Shares Slide as Cloud Forecast, AI Spending Disappoint
Despite beating quarterly overall sales estimates, investors want better results from the hundreds of billions of dollars that Wall Street heavyweights have been spending to build AI data centers and infuse their products with the emerging technology.
-
SoftBank Said to Be in Talks to Invest Up to $25 Billion Into OpenAI
SoftBank could invest $15 billion (roughly Rs. 1,29,880 crore) to $25 billion (roughly Rs. 2,16,450 crore) directly into Microsoft-backed OpenAI, some of which may be used to pay for OpenAI's commitment to Stargate, a person familiar with the matter has said.
-
Dive Into The DeepSeek: The Chinese AI Startup That's 'Deeply' Shaking Up Silicon Valley
DeepSeek's disruption comes at an awkward moment for the US President Donald Trump, who launched The Stargate Project- a $500 billion AI infrastructure investment.
-
Mysterious Interstellar Object Might Have Shifted Four Planets’ Paths, Study Finds
A mysterious interstellar object, estimated to be eight times the mass of Jupiter, may have significantly altered the orbits of Jupiter, Saturn, Uranus, and Neptune billions of years ago. A study suggests that this body passed remarkably close to the Sun, potentially influencing planetary trajectories. Simulations conducted by researchers indicate ...
-
Who Might Buy TikTok In The US?
While Musk hasn't publicly expressed interest in acquiring TikTok, his $44 billion acquisition of Twitter (now X) in 2022 demonstrates his appetite for social media investments.
-
Trumps Memecoin Can Now Be Used to Buy Watches and Sneakers
Donald Trump's memecoin had a total market cap of $5.4 billion on Tuesday afternoon in New York.
-
Denmark To Boost Security As Donald Trump Ramps Up Threat To Take Over Greenland
Denmark is bolstering its military presence in the Arctic and North Atlantic regions, allocating an additional 14.6 billion Danish crowns ($2.05 billion) to enhance security.
-
Entrepreneur Paul Graham Asks 7-Year-Olds At Charity Bake Sale For Change, Sparks Debate Online
American entrepreneur Paul Graham is said to have a net worth of over a billion dollars. His recent post about a bake sale went viral on X (formerly Twitter).
-
KuCoin Pleads Guilty, Agrees to Pay Nearly $300 Million in US Crypto Case
KuCoin has pleaded guilty on Monday to operating an unlicensed money transmitting business. Prosecutors said Seychelles-based KuCoin had been used to facilitate billions of dollars of suspicious transactions, and to transmit potential criminal proceeds including from darknet markets and malware, ransomware and fraud.
-
Who Lost, Who Won After Selloff Linked To DeepSeek Slams Markets
The world's 500 richest people, led by Nvidia Corp. co-founder Jensen Huang, lost a combined $108 billion on Monday as a tech-led selloff tied to Chinese AI developer DeepSeek sent major indices plunging.
-
Nvidia Loses Nearly $600 Billion As China's DeepSeek Jolts Tech Shares
Shares in Nvidia, whose semiconductors power the AI industry, fell nearly 17 percent on Wall Street, erasing nearly $600 billion of its market value.
-
US Big Tech Faces Heat As China's DeepSeek Questions Billion-Dollar Spending
Chinese startup DeepSeek's cheaper AI is sharpening investor scrutiny of the billions U.S. tech giants are pouring to develop the technology and analysts say it will dominate this week's much-awaited results from industry bellwethers.
