Category: investment
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OpenAI closes $6.6 billion funding haul with investment from Microsoft and Nvidia By Reuters
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By Crystal Ho (Reuters) – OpenAI announced on Wednesday that it has raised $6.6 billion from investors at a post-cash valuation of $157 billion, cementing the ChatGPT maker’s position as one of the world’s most valuable private companies. The funding has attracted returning venture capital investors including Thrive Capital and…
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Apple drops out of talks to join OpenAI investment round, WSJ says By Reuters
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(Reuters) – Apple Inc (NASDAQ:) has left negotiations to participate in an OpenAI funding round expected to raise about $6.5 billion, the Wall Street Journal said on Friday. The technology giant recently withdrew from the talks, which are scheduled to conclude next week, the newspaper said, citing a person familiar…
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GameFi investment is surging: Blockchain becomes a staple in every title
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Disclosure: The views and opinions expressed here are solely those of the author and do not represent the views and opinions of crypto.news editorial. Web3 games have received a lot of skepticism over the past few years. However, the industry has seen fundamental changes in developers’ approach to gameplay mechanics,…
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GameFi investment is surging: Blockchain becomes a staple in every title
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Disclosure: The views and opinions expressed here are solely those of the author and do not represent the views and opinions of crypto.news editorial. Web3 games have received a lot of skepticism over the past few years. However, the industry has seen fundamental changes in developers’ approach to gameplay mechanics,…
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SUI price prediction | Is SUI a good investment?
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SUI continues to make waves in the cryptocurrency markets. We delve into the Sui blockchain and expert SUI price predictions to see what investors can expect from the project. In the past month, the price of Sui (SUI) — the native token of the layer-1 blockchain developed by members of…
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Apollo eyes $5 billion investment in Intel, Bloomberg News reports By Reuters
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(Reuters) – U.S. asset manager Apollo Global Management Inc (NYSE:) has offered to invest up to $5 billion in Intel Corp (NASDAQ:), Bloomberg News reported on Sunday. Apollo has indicated in recent days that it is prepared to make a multibillion-dollar equity-like investment in Intel, the report said, citing a…
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$30 Million Investment By Bitget And Foresight
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In a major step that shows how important it is TON Blockchain The Open Network is now in the works, and two major players in the crypto and Web3 world have invested $30 million in it. Bitget, a leading global crypto exchange, and Foresight Ventures, a well-known Web3 investment firm,…
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Ripple’s Chris Larsen leads $10m investment in Yellow Network
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Yellow Network, a web3 blockchain platform for decentralized digital asset settlement, has raised $10 million in a funding round led by Ripple co-founder Chris Larsen. The Ripple co-founder’s investment will help the Yellow Network team bring their blockchain solution to market and address the challenges faced by crypto traders. On…
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Here’s what 14 investment bank analysts are forecasting for US CPI headline and core rates
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High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…
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SA Asks: Which defense stock is the best long-term investment? (NYSE:RTX)
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jetcityimage/iStock Editorial via Getty Images With geopolitical tensions showing no signs of abating in the near term, many investors are starting to rethink defense stocks. On Saturday, we asked our analysts: Which defense stock is the best short term investment right now? Question of the day He is: any Are…
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SA Asks: Which defense stock is the best short-term investment? (NYSE:RTX)
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JHVEphoto As armed conflicts in the Middle East and Ukraine continue to escalate, investors may be evaluating whether to move more money into defense stocks. Despite the escalating tensions, defense stocks have had a mixed performance this year, with several well-known names lagging the S&P. 500. Which brings us to…
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Labour scraps plan for ‘British Isa’ aimed at boosting UK stock investment
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The Labour government is expected to abandon plans to create a “Britain Savings Account”, a scheme initially proposed by the previous Conservative administration to encourage investment in British shares. The move comes amid concerns that the initiative could complicate the individual savings account market rather than effectively support UK stocks.…
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NSE to open fractional investment in stocks by December 31
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The Nairobi Securities Exchange (NSE) now plans to introduce a new trading platform by December 31, 2024 that will allow retail investors to buy a percentage or share of shares instead of paying the full price. Under the new system, known as fractional investment, an investor will be allowed to…
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‘It gave us branding, investment, and tourism’
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El Salvador’s President Nayib Bukele has defended his country’s groundbreaking decision to adopt Bitcoin as legal tender, stressing its impact on the country’s global image and economic opportunities. Recently interview In an interview with Time magazine, Bukele highlighted the benefits of Bitcoin (BTC) for El Salvador despite widespread skepticism and…
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Nigeria’s Crypto Tax Reform To ‘Boost Foreign Investment’
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Nigeria’s financial authorities recently announced plans to overhaul the tax system to include crypto assets. A Nigerian organization has hailed the upcoming proposal, which aims to update existing policies and adapt to the evolving financial landscape, describing the effort as a “game-changer” for the country’s economic growth. FIRS tax reform…
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BGF leads £17.3m investment in Sunswap to accelerate decarbonisation in cold chain logistics
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Sunswap, a leading UK cleantech company focused on decarbonising logistics cold chains, has secured £17.3m in a funding round led by investment firm BGF. This investment will accelerate the roll-out of Sunswap’s innovative zero-emissions refrigeration technology across the UK and Europe, marking a significant step forward in efforts to reduce…
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Bittensor Price Prediction 2024-2030 | Is TAO crypto a Good Investment?
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AI tokens are seeing a price surge in anticipation of NVIDIA’s upcoming quarterly earnings report. Over the past week, Bittensor (TAO), the native token of the decentralized AI development platform Bittensor, has surged by around 25%. As of today, August 26, 2024, it is trading at around $345.5, down slightly…
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Bittensor Price Prediction 2024-2030 | Is TAO crypto a Good Investment?
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AI tokens are seeing a price surge in anticipation of NVIDIA’s upcoming quarterly earnings report. Over the past week, Bittensor (TAO), the native token of the decentralized AI development platform Bittensor, has surged by around 25%. As of today, August 26, 2024, it is trading at around $345.5, down slightly…
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Which Meme Coin Offers Better Long-Term Investment Potential?
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The cryptocurrency market is constantly evolving, with meme coins continuing to attract investors looking for high-risk, high-reward opportunities. Some of the latest contenders include Husky Inu (HINU) and Mbebe (Mbebe)both of which have generated a lot of buzz. But which of these cryptocurrencies offers better long-term investment potential? Let’s dive…