Meta's $21B AI infrastructure CoreWeave play
Meta has entered a massive $21 billion agreement with cloud computing company CoreWeave to secure AI infrastructure through 2032.
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Meta has entered a massive $21 billion agreement with cloud computing company CoreWeave to secure AI infrastructure through 2032.
Bloomberg's David Ingles shares a live map of the Strait of Hormuz in order to gauge what markets would consider an indication the waterway is starting to open for ship traffic.
Jonathan Panikoff, Director of the Atlantic Council's Scowcroft Middle East Security Initiative, looks ahead to the US-Iran negotiations with Vice President Vance expected to lead the US delegation in discussions scheduled for Islamabad on Saturday. He speaks with Haidi Stroud-Watts and Shery Ahn on Bloomberg: The Asia Trade.
Trump's overhaul of the US visa system for highly skilled immigrants is undergoing its first major test. If the $100,000 bar inspires foreign-born tech workers to leave the US...or not to come at all...Bloomberg News' Saritha Rai finds India is well positioned to benefit.
Changpeng Zhao said he expects cryptocurrencies to become an invisible part of everyday infrastructure within five years, similar to how people use the internet without discussing its underlying technology.
Japan has approved amendments to its Financial Instruments and Exchange Act, reclassifying crypto assets as financial instruments and tightening oversight of the sector.
Investors poured $269.3 million into BlackRock’s iShares Bitcoin Trust, marking its strongest single-day inflow in five weeks and signalling renewed demand for Bitcoin exposure.
Elon Musk’s AI company xAI has filed a lawsuit against the state of Colorado seeking to block new regulations it claims would restrict speech generated by its chatbot Grok.
US lawmakers are questioning whether Donald Trump plans to attend a memecoin-related event in Florida or is leveraging it to generate fees, according to reports.
Bittensor’s TAO token dropped more than 9% in 24 hours after key subnet operator Covenant AI announced its departure, defying a broader crypto market rise of 1.4%.
CoreWeave’s $8.5 billion financing highlights a major shift in Wall Street’s approach to digital infrastructure funding, moving from crypto-backed lending to AI-driven cash flow models.
Pyth Network has launched a new data marketplace aimed at allowing financial institutions to publish and monetise market data across blockchain networks.
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