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Former OpenAI Researcher Launches $1.5 Billion AI-Focused Hedge Fund
A former OpenAI researcher with no professional investing experience has founded an artificial intelligence (AI) startup that reportedly now manages $1.5 billion in assets. [contact-form-7] ...
Paytm Payments Services Wins Long-Awaited Payment Aggregator Authorization
Indian FinTech company Paytm said Tuesday (Aug. 12) that its payments subsidiary received “in-principle” authorization from the Reserve Bank of India (RBI) to operate as an online payment aggregat...
How Better Structured Data Is Upending the Traditional CFO Playbook
“Data is the new oil” is a long-overused cliché. But like oil, data can be refined and structured. Like clichés, data can always be applied in relevant contexts. [contact-form-7] And q...
Coinbase Revives Stablecoin Bootstrap Fund to Fuel DeFi Liquidity
Cryptocurrency exchange Coinbase has launched another installment of its Stablecoin Bootstrap Fund. [contact-form-7] The fund, announced Tuesday (Aug. 12), follows the 2019 debut of the init...
BitMine’s Ethereum strategy drives record stock gains with $20B expansion in play
BitMine, the largest corporate holder of Ethereum, filed an Aug. 12 filing with the US Securities and Exchange Commissio...
Democrat Senate Slams RFIA Bill For Endorsing Trump’s Crypto Corruption
In a recent analysis of the Responsible Financial Innovation Act (RFIA), the Democratic staff of the Senate Banking Committee criticized the crypto market regulation bill over several key components.�...
Nuvei Taps Stablecoins to Expand Money Movement Operations
Nuvei says it is employing stablecoin rails to expand its global money movement capabilities. [contact-form-7] This expansion will allow for faster and more cost-effective payouts to bank...
European Auto Exporters Say Tariffs Stalling Business
European car exporters are wrestling with uncertainty surrounding American tariffs despite a recent trade deal. [contact-form-7] That’s according to the CEO of Wallenius Wilhelmsen, opera...
Perplexity offers to buy Google Chrome for $34.5 billion
Perplexity has just offered to buy Google Chrome for $34.5 billion — a bid that’s far more than the AI search...
Bitcoin Price Decouples from VC Investment Trends | US Crypto News
Welcome to the US Crypto News Morning Briefing—your essential rundown of the most important developments in crypto for...
Newswire > Tag: finance
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