Tag Archives: 40B

BlackRock, Nvidia-backed group to buy D-FW data center company in blockbuster $40B deal

BlackRock, Nvidia-backed group to buy D-FW data center company in blockbuster B deal

Dallas-Fort Worth-based Aligned Data Centers will be acquired in a deal valued at $40 billion — one of the largest such transactions of the year and the biggest ever for a data center company, the group said. The Artificial Intelligence Infrastructure Partnership, MGX and BlackRock’s Global Infrastructure Partners announced they will acquire 100% equity in the Plano-based firm from private …

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South Korean cryptocurrency mogul pleads guilty to fraud charges in $40B cryptocurrency collapse

South Korean cryptocurrency mogul pleads guilty to fraud charges in B cryptocurrency collapse

NEW YORK (AP) — South Korean cryptocurrency mogul Do Kwon pleaded guilty on Tuesday to two fraud charges arising from the $40 billion collapse of a cryptocurrency ecosystem that had promised investors their money was safe. Kwon, 33, dubbed by some as “the cryptocurrency king,” entered the plea in Manhattan federal court. According to a plea agreement signed by Kwon …

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