David Solomon, chief executive officer of Goldman Sachs Group Inc., during an interview for an episode of “The David Rubenstein Show: Peer-to-Peer Conversations” in New York, US, on Tuesday, Aug. 6, 2024. Jeenah Moon | Bloomberg | Getty Images Goldman Sachs has agreed to acquire Industry Ventures, a venture capital firm with $7 billion in assets under supervision, according to …
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BitMine now owns greater than 2.5% of the ETHtoken supply, now at halfway point as it moves towards the ‘Alchemy of 5%’ BitMine releases October Chairman’s Message discussing Ethereum Supercycle BitMine leads Crypto treasury peers by both the velocity of raising crypto NAV per share and by the high trading liquidity of BMNR stock BitMine Crypto + Cash Holdings + …
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After a flurry of billion-dollar raises, hundreds of newly minted crypto firms are now fighting to justify their valuations and prove their treasury strategies amount to more than hype. In the span of just a few months, a corporate copycat phenomenon has swept through digital assets. The playbook, pioneered by Michael Saylor’s bitcoin-hoarding behemoth, Strategy, is ostensibly simple: create or …
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“This notion that somehow you can achieve greatness, you can build something extraordinary by working 38 hours a week and having work-life balance, that is mind-boggling to me,” Andrew Feldman, cofounder and CEO of $8.1 billion AI chip company Cerebras, stressed recently on the 20VC podcast. “It’s not true in any part of life.” As many U.S. workers push for …
Read More »Brookfield and Bloom Energy Announce $5 Billion Strategic AI Infrastructure Partnership Business Wire Bloom Energy soars more than 20% on deal with Brookfield to put fuel cells in AI data centers CNBC Bloom Energy Stock Surges 20%. What’s Driving the Rise. Barron’s There’s Still Life in the AI Trade. Today’s Pop in Bloom Energy Stock Is the Latest Example. Investopedia Bloom Energy Shares Soar …
Read More »He Won the $2 Billion Powerball. Now He’s Buying Up Lots Burned in the L.A. Fires. The Wall Street Journal Corporations are buying up Altadena lots. Policies to counter that trend have so far failed LAist Powerball winner Edwin Castro breaks silence to reveal controversial latest spending splurge after historic $2b win The US Sun Powerball billionaire Edwin Castro sparks fury after buying …
Read More »(Reuters) -Brookfield Asset Management (BAM) said on Monday it will invest up to $5 billion in Bloom Energy’s fuel cell technology to power artificial intelligence (AI) data centers. Shares of Bloom Energy (BE) were up 25% at $108.84 in premarket trading. Brookfield has been investing heavily in Europe and earlier this year laid out plans to invest 20 billion euros …
Read More »JPMorgan to invest up to $10 billion in US companies critical to national security Reuters JPMorgan Chase says it will invest $10 billion into industries critical for national security CNBC JPMorgan Chase launches $1.5 trillion plan to bolster US economic and national security Fox Business JPMorgan announces $1.5 trillion U.S. investment initiative Axios JPMorgan backs ‘America First’ push with up to $10bn investment Financial Times …
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JPMorgan Chase on Monday said it is launching a decade-long plan to help finance and take direct stakes in companies it considers crucial to U.S. interests. The bank said in a statement it would invest up to $10 billion into companies in four areas: defense and aerospace, “frontier” technologies including AI and quantum computing, energy technology including batteries, and supply …
Read More »Pentagon preparing to pull $8 billion from ‘unobligated’ R&D coffers to pay troops Breaking Defense Trump directs Hegseth to pay troops during ongoing government shutdown standoff as he rails against Schumer Fox News Trump’s move to fund military paychecks during shutdown comes as families face strain and uncertainty CNN Trump authorizes troop pay amid government shutdown NBC News Pentagon will pay military troops, Trump …
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