Stripe’s $1.1 billion deal for Bridge marks much-needed win for VC
In March 2022, venture capitalist Chris Ahn was pushing to get into a hot crypto startup that was trying to make it easy for businesses … Read more
JPMorgan Chase & Co
Nvidia-backed CoreWeave picks up $650 million credit line
In this photo illustration, a Core Weave logo is displayed on a smartphone with stock market percentages on the background. Omar Marques | SOPA Images … Read more
Cerebras IPO has ‘too much hair’ as chipmaker tries to take on Nvidia
Andrew Feldman, co-founder and CEO of Cerebras Systems, speaks at the Collision conference in Toronto on June 20, 2024. Ramsey Cardy | Sportsfile | Collision … Read more
OpenAI gets $4 billion revolving credit line on top of latest funding
OpenAI has a $4 billion revolving line of credit, bringing its total liquidity to more than $10 billion, CNBC has learned. It follows news Wednesday … Read more
Coinbase, Marathon Digital, Riot Platforms lead drop in crypto stocks
SAN ANSELMO, CALIFORNIA – JUNE 06: In this photo illustration, the Coinbase logo is displayed on a screen on June 06, 2023 in San Anselmo, … Read more
AI craze getting funded by tech giants, distorting traditional VCs
Amazon Web Services CEO Adam Selipsky speaks with Anthropic CEO and co-founder Dario Amodei during AWS re:Invent 2023, a conference hosted by Amazon Web Services, … Read more
Bitcoin ETFs saw heaviest outflows in four months as crypto plunged
CFOTO | Future Publishing | Getty Images Spot bitcoin exchange-traded funds had their worst day in over four months on Tuesday as investors pulled some … Read more
Goldman Sachs jumps into bitcoin ETFs while Morgan Stanley retreats
When the SEC opened the door in January for bitcoin exchange-traded funds to hit the mainstream, many traditional financial institutions across Wall Street and beyond … Read more
JPMorgan Chase rolls out AI assistant powered by ChatGPT-maker OpenAI
JPMorgan Chase has rolled out a generative artificial intelligence assistant to tens of thousands of its employees in recent weeks, the initial phase of a … Read more
Jamie Dimon still sees a recession ahead
JPMorgan Chase CEO Jamie Dimon said Wednesday he still believes that the odds of a “soft landing” for the U.S. economy are around 35% to … Read more