AI’s Dealmaking Frenzy
AI’s insatiable need for cash is proving to be a dream for dealmakers. Our scoop from Wednesday night that OpenAI was in talks to raise as much as $60 billion from Nvidia, Microsoft and Amazon was f...
A SpaceX Merger Would Reward Musk Loyalists
Before we get into today’s news, check out a string of scoops from my colleague Sri on the rivalry between OpenAI and Anthropic. OpenAI, she reported last night, is talking to Nvidia, Amazon, Micros...
SWIFT Adopts Ripple’s Playbook — But Without Replacing Banks
SWIFT has announced a new global payments scheme to make cross-border transfers for consumers and small businesses as fast and predictable as domestic payments.
The initiative, revealed on January ...
Opting Out of the Bartz v Anthropic
So I want to preface this by saying I am not a lawyer, none of this is legal advise, my opinions are my own and they are just opinions, and I'm not pointing fingers at any specific people.I write fict...
Saxo Bank Hit with Fine in Denmark Due to Money Laundering Claims
Saxo Bank, a Danish bank focused on online trading and investment with more than €115 billion in client assets, has been penalized by the Danish authorities regarding claims of money laundering viol...