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Citi Launches Crypto Platform to Tokenize Private Company Shares
Cryptonews55d agoneutral
Citi Launches Crypto Platform to Tokenize Private Company Shares

Just in, Citi(Citigroup) is launching a crypto platform to tokenize and trade shares of late-stage private companies for institutional and eligible investors. Citi is partnering with SDX, the digital asset arm of SIX Swiss Exchange, on a permissioned distributed ledger infrastructure. The bank will act as custodian and tokenization agent, ...

Reuters56d agoneutral
KKR launches $10 billion AI infrastructure company with Nvidia, Vistra

A KKR-led group on Thursday launched a new company with more than $10 billion in committed ‌capital to finance the build-out of AI infrastructure, ‌the latest effort by an alternative asset manager to capitalize on growing demand ​for AI services. The Kuwait Investment Authority, AI chip giant Nvidia and utility firm Vistra are anchor investors in the company, called Helix Digital Infrastructure, which is led by former Amazon Web ‌Services CEO Adam Selipsky. Nvidia will help Helix with its expertise in designing AI data-centers, while Vistra will be the preferred power provider.

Oracle Shares Slide Premarket After the Company Unveils Soaring AI Spending
The Wall Street Journal56d agobullish
Oracle Shares Slide Premarket After the Company Unveils Soaring AI Spending

The move comes after Oracle reported larger-than-expected capital expenditures to fund its data center buildout—with more significant spending on the way. The company reported $55.7 billion in capital expenditures for its latest fiscal year, higher than the $50 billion Oracle previously forecast.

SAP Shares Retreat After Oracle Unveils Aggressive AI Investment Plans (SAP)
InvestorsHub56d agoneutral
SAP Shares Retreat After Oracle Unveils Aggressive AI Investment Plans (SAP)

SAP (NYSE:SAP) shares fell more than 4% after competitor Oracle (NYSE:ORCL) revealed fiscal 2027 capital expenditure plans that significantly exceeded analyst expectations, highlighting the escalating costs associated with competing in the artificial intelligence infrastructure market. Oracle’s shares dropped more than 10% in premarket trading on Thursday after the company announced it could spend as much as $95 billion on capital projects during fiscal 2027.

Microsoft (MSFT) Launches New Design for Its AI App
Insider Monkey56d agoneutral
Microsoft (MSFT) Launches New Design for Its AI App

Microsoft Corporation (NASDAQ:MSFT) is broadly held by hedge funds, and analysts, on average, rate it a Buy, ranking it among the best stocks to buy now for the next 3 months. Microsoft Corporation (NASDAQ:MSFT) remains a solid pick, given its broader market positioning in the AI space, especially its backing of OpenAI and Copilot. On […]

NVIDIA Corporation (NVDA) Expands Partnership with Microsoft For Agentic AI Deployment
Insider Monkey56d agobullish
NVIDIA Corporation (NVDA) Expands Partnership with Microsoft For Agentic AI Deployment

NVIDIA Corporation (NASDAQ:NVDA) is one of the analyst-favorite stocks and is widely held by hedge funds, ranking among the 10 best stocks to buy for the next 3 months. NVIDIA Corporation (NASDAQ:NVDA), after announcing its RTX Spark in collaboration with Microsoft, has now partnered with the Windows developer on a unified stack for agentic AI […]

Rivian’s Most Important Product Launches And The Stock Falls Apart
24/7 Wall St.56d agobearish
Rivian’s Most Important Product Launches And The Stock Falls Apart

Rivian (NASDAQ: RIVN) launched the vehicle that it has said for some time will be the key to its future. The R2 SUV is much less expensive than its current models. The base model (Launch Package) will cost about $58,000. The Rivian website put the price at $44,990. However, each is lower than Rivian’s two ... Rivian’s Most Important Product Launches And The Stock Falls Apart

Major exchange unveils AI platform that could change trading forever
TheStreet56d agoneutral
Major exchange unveils AI platform that could change trading forever

Anyone who has spent time watching how institutional fixed income trading actually works knows the frustration. You have a bond to buy or sell. You have a list of dealers who might quote it. And you are making counterparty selection decisions based on relationships, intuition, and historical ...

LinkedIn launches new effort in push to capture business advertisers
Reuters57d agoneutral
LinkedIn launches new effort in push to capture business advertisers

LinkedIn is aiming to burnish its position as a go-to platform for business advertisers with a new team of marketing experts ‌that it expects to generate an annualized run rate of $100 million next fiscal year, ‌a source familiar with the matter said. The Microsoft-owned platform on Wednesday unveiled BrandWorks, the newly assembled team that aims ​to deliver higher-performing ad campaigns for customers ranging from software giant SAP to privately held website hosting platform Webflow. "We're developing services that are designed to meet the marketer where they are," said Alex Josephson, VP of BrandWorks, who previously built a similar offering called Twitter Next.

Supermicro Shares Slide as Company Launches $7 Billion Fundraising to Support AI Demand (SMCI)
InvestorsHub57d agoneutral
Supermicro Shares Slide as Company Launches $7 Billion Fundraising to Support AI Demand (SMCI)

Super Micro Computer Inc (NASDAQ:SMCI) shares fell roughly 9% in premarket trading on Wednesday after the company unveiled plans for a major capital raise aimed at funding its rapidly expanding artificial intelligence server business. The fundraising package totals approximately $7 billion and is intended to provide the company with the resources needed to address a growing order backlog linked to demand for AI infrastructure.

Meta deepens partnership with Ambani's Reliance with AI data centre
Reuters57d agobullish
Meta deepens partnership with Ambani's Reliance with AI data centre

Meta Platforms will lease an AI-ready data centre to be built by billionaire Mukesh Ambani's Reliance Industries, ‌the U.S. tech major said on Wednesday, deepening ties with the Indian ‌conglomerate. The deal comes at a time when India has seen a surge in hyperscale data centre ​builds led by U.S. cloud majors such as Amazon, Microsoft and Alphabet's Google, as New Delhi seeks to draw in investment in AI. In February, Reliance committed about $110 billion and Adani outlined $100 billion in investments to position India as an AI ‌hub.

Bitcoin, Ethereum, XRP Slide, Dogecoin Flat As US Launches 'Proportional' Strikes Against Iran: Analyst Sees BTC's Strong Rebound To $74,000 Soon
Benzinga57d agoneutral
Bitcoin, Ethereum, XRP Slide, Dogecoin Flat As US Launches 'Proportional' Strikes Against Iran: Analyst Sees BTC's Strong Rebound To $74,000 Soon

Leading cryptocurrencies fell alongside major stock indexes on Tuesday amid a big escalation in the Middle East conflict. Cryptocurrency24-Hour Gains +/-Price (Recorded at 9:25 p.m. EDT)Bitcoin (CRYPTO: BTC)-1.68%$61,757.98Ethereum (CRYPTO: ETH) -1.83%$1,641.98XRP (CRYPTO: XRP) -1.71%$1.13Solana (CRYPTO: SOL) -0.96%$65.08Dogecoin (CRYPTO: DOGE) -0.15%$0.08487 Crypto Market On Edge Bitcoin revisited the $60,000 floor but recovered overnight, as trading activity climbed 12% in the past 24 hours. E

AST SpaceMobile Launches BlueBird Trio As Key Investor Turning Point
Simply Wall St.57d agoneutral
AST SpaceMobile Launches BlueBird Trio As Key Investor Turning Point

AST SpaceMobile plans to launch three next generation BlueBird satellites, numbered 8, 9, and 10, on a SpaceX Falcon 9 on June 17. The mission follows the setback of the BlueBird 7 satellite and is intended to advance the company’s direct to smartphone network. The new satellites are designed to nearly double peak data speeds and are backed by partners including AT&T, Verizon, and Google. For investors watching NasdaqGS:ASTS, this launch comes after a period of sharp share price swings. The...