Google Will Spend Up to $185 Billion This Year to Power AI 'Agentic Era': CEO
In brief Google plans to spend up to $185 billion this year on AI and cloud infrastructure to power the “agentic era,” its CEO said....
Tag : Billion
The $290 Million KelpDAO Hack Linked to North Korea Wiped $13 Billion From DeFi in Two Days
A $290 million exploit on KelpDAO’s cross-chain bridge on April 18, attributed by LayerZero to North Korea’s Lazarus Group, sent shockwaves through DeFi and erased...
Amazon Will Invest Up to $25 Billion More in Anthropic as AI Demand Surges
In brief Amazon announced up to $25 billion in new investment in AI startup Anthropic, with $5 billion committed immediately. Anthropic commits to spending $100...
Revolut Targeting $200 Billion Valuation in IPO—But Not Until 2028: FT
In brief Revolut is seeking a $200 billion valuation via an IPO, according to the Financial Times. The report cited investors briefed on the firm’s...
Core Scientific Reveals $3.3 Billion Junk-Bond Sale to Pivot Further from Bitcoin Mining to AI
In brief Core Scientific, which mines Bitcoin, said it would offer $3.3 billion worth of speculative-grade debt to capitalize on the AI boom. The firm...
Tether Minted 1 Billion USDT: On-chain Trading Grinding Back
Tether just dropped a 1 billion USDT on Ethereum just as the memecoin scene in the chain is heating up. Arkham Intelligence flagged the event...
Strategy Now Holds $62 Billion in Bitcoin—These Are Its Biggest BTC Buys
Software firm turned Bitcoin treasury company Strategy has been buying BTC for more than five years, pioneering the growing trend of publicly traded firms that...
Amazon doubles down on AI with $5 billion Anthropic deal
Amazon has confirmed a new $5 billion investment in Anthropic this Monday to deepen its ties with the startup behind the Claude artificial intelligence models,...
Trump Weighs Unfreezing $20 Billion in Iranian Assets After Years of Attacking Obama for the Same Move
The Trump Iran deal under negotiation includes a proposal to unfreeze $20 billion in Iranian assets in exchange for Tehran surrendering its stockpile of highly...
RaveDAO Token Crashes, Sheds $6.6 Billion in Value as Exchanges Probe Alleged Manipulation
In brief RaveDAO’s little-known token erased $6.6 billion in market cap after ZachXBT called on exchanges to investigate whether RAVE was being manipulated. The token,...