Elon Musk Loses $150 Billion AI Lawsuit Against OpenAI and Sam Altman
Elon Musk’s latest legal challenge against OpenAI has collapsed in court, clearing one of the biggest legal threats facing the ChatGPT maker as competition in...
Tag : Billion
Bitcoin, Ethereum ETFs Bleed as Crypto Funds Shed $1.07 Billion, Ending 6-Week Win Streak
In brief Iran tensions ended a six-week inflow streak with $1.07 billion in outflows, led by Bitcoin and Ethereum. The sell-off was almost entirely American;...
Strategy Leverages Preferred Stock Issuance for $2 Billion Bitcoin Buy
In brief Strategy purchased 24,869 Bitcoin last week for $2 billion, marking its largest acquisition in nearly a month. The purchase was funded by issuing...
Lombard Finance Dumps LayerZero, Will Use Chainlink to Power $1 Billion in Bitcoin Assets
In brief Lombard Finance is the latest firm to move its assets off LayerZero technology in favor of Chainlink. The firm conducted an internal review...
Bitcoin Miner IREN Closes $3 Billion Convertible Notes Offering to Fuel AI Transformation
In brief IREN Limited closed a $3 billion convertible senior notes offering to fund AI infrastructure expansion. Net proceeds totaled $2.96 billion, with $201.3 million...
Bitcoin Giant Strategy Moves to Retire $1.5 Billion in Convertible Debt, Says It Could Sell BTC
In brief Strategy has entered into an agreement to repurchase $1.5 billion of its 2029 convertible senior notes for an estimated $1.38 billion The move...
Bitcoin Miner MARA Sells $1.5 Billion in BTC, Reports $1.26 Billion Q1 Loss
In brief MARA Holdings sold 20,880 Bitcoin for $1.5 billion in Q1 2026 to fund strategic initiatives. The firm used $1 billion from Bitcoin sales...
EBay Rejects GameStop's $55 Billion Offer as 'Neither Credible Nor Attractive'
In brief eBay has rejected a $55.5 billion takeover bid from GameStop. The firm called the unsolicited proposal “neither credible nor attractive.” Shares of EBAY...
Binance Says AI Defenses Blocked $10.5 Billion in Crypto Fraud Over 15 Months
In brief Crypto scams hit $17 billion in 2025, as AI makes attacks cheaper and more convincing than ever. Binance says 100+ AI models helped...
Bitcoin Miner IREN Secures $3.4 Billion Nvidia AI Deal, With $2.1 Billion Share Option
In brief Nvidia and IREN Limited announced a $3.4 billion cloud services deal, with plans to deploy up to 5 gigawatts of AI infrastructure using...