Tag Archives: Billion

Goldman Sachs agrees to acquire $7 billion VC firm Industry Ventures

Goldman Sachs agrees to acquire  billion VC firm Industry Ventures

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 Immersion (BMNR) Announces ETH Holdings Exceeding 3.03 Million Tokens and Total Crypto and Cash Holdings of $12.9 Billion

BitMine Immersion (BMNR) Announces ETH Holdings Exceeding 3.03 Million Tokens and Total Crypto and Cash Holdings of .9 Billion

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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Inside The $150 Billion Bitcoin Treasury Boom Shakeout

Inside The 0 Billion Bitcoin Treasury Boom Shakeout

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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CEO of $8 billion AI company says it’s ‘mind-boggling’ that people think you can work 38 hours a week, have work-life balance, and be successful

CEO of  billion AI company says it’s ‘mind-boggling’ that people think you can work 38 hours a week, have work-life balance, and be successful

“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 …

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Brookfield and Bloom Energy Announce $5 Billion Strategic AI Infrastructure Partnership – Business Wire

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 …

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He Won the $2 Billion Powerball. Now He’s Buying Up Lots Burned in the L.A. Fires. – The Wall Street Journal

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 …

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Brookfield, Bloom Energy to launch up to $5 billion AI infra partnership

Brookfield, Bloom Energy to launch up to  billion AI infra partnership

(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 …

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JPMorgan to invest up to $10 billion in US companies critical to national security – Reuters

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 to invest $10 billion into key industries

JPMorgan Chase to invest  billion into key industries

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 …

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Pentagon preparing to pull $8 billion from ‘unobligated’ R&D coffers to pay troops – Breaking Defense

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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