Ray Dalio Warns U.S. Debt Crisis May Have Passed the Point of No Return
Ray Dalio warns that the U.S. may already have passed the point where its debt problem can be resolved through conventional fiscal measures, with mounting Treasury supply and...
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Gold, Silver and Crypto Add $1.2 Trillion After U.S. Treasury Expands Bond Buybacks
Gold, silver, Bitcoin, and Ethereum added roughly $1.2 trillion in combined market value after the U.S. Treasury expanded long-end bond buyback operations, pushing Treasury yields lower.
Nik Storonsky’s QuantumLight Raises $500 Million for Second AI-Driven Venture Fund
QuantumLight, the venture capital firm founded by Revolut CEO Nik Storonsky, has raised $500 million for its second fund, doubling the size of its debut vehicle.
U.S. National Debt Expected to Reach $40 Trillion Earlier Than Forecast
The U.S. national debt is now expected to reach $40 trillion months earlier than previously forecast, while investors demand higher yields to finance rising government borrowing.
Groq Raises $350 Million at $3.5 Billion Valuation After Nvidia Deal Reshapes the Company
AI chip startup Groq has raised $350 million at a $3.5 billion valuation, nearly half its previous $6.9 billion peak after Nvidia licensed its technology and...
Stripe Acquires OpenRouter in Deal Worth More Than $7 Billion
Stripe has acquired AI startup OpenRouter for more than $7 billion, marking one of the largest artificial intelligence acquisitions of the year.
Anthropic’s Revenue Surges 14-Fold Ahead of Potential Record-Breaking IPO
Anthropic reported more than $11.5 billion in second-quarter revenue, reinforcing expectations that its upcoming IPO could become the largest public offering in history.
Uber and Pony.ai Plan to Deploy More Than 2,000 Robotaxis Across Europe
Uber and China's Pony.ai are expanding their autonomous driving partnership with plans to deploy more than 2,000 robotaxis across Europe.
Anthropic Investors Target $2 Trillion Valuation in Potential Record-Breaking IPO
Anthropic investors are reportedly targeting a valuation above $2 trillion in the company's upcoming IPO, which could become the largest public offering in history.
CXMT Overtakes Tencent to Become China’s Most Valuable Public Company
Chinese memory chipmaker CXMT has surpassed Tencent in market value following its blockbuster IPO, highlighting how the AI boom is reshaping China's equity market.