Key Takeaways $6B in shares to be sold by staff to SoftBank, Thrive, Dragoneer, valuing ChatGPT maker above SpaceX. Secondary sale talks follow $40B SoftBank-led funding round at $300B valuation. Share this article OpenAI is in talks to be valued at $500 billion through a new employee share sale, according to a report from The New York Times.The transaction, still under discussion, would involve current and former OpenAI employees selling about $6 billion worth of stock to an investor group that includes SoftBank, Thrive Capital, and Dragoneer Investment Group. The structure is a secondary market deal, allowing staff to cash…
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Caroline Bishop Aug 19, 2025 15:20 Argentine developers in the finance sector leverage GitHub Copilot to drive innovation and efficiency, highlighting a shift towards digital transformation in banking and fintech. In a significant move towards digital innovation, Argentine developers in the financial sector are increasingly adopting artificial intelligence tools like GitHub Copilot to enhance productivity and innovation. According to Microsoft News, GitHub Copilot, built on the GitHub platform and integrated with popular code editors such as Visual Studio, has become a pivotal tool for developers seeking to streamline coding processes and elevate the…
On Friday, The Information reported that Meta was preparing to tear down its existing AI org and reorganize it into four new groups. Four days later, the change has been made official with an internal memo, as reported by Bloomberg and The New York Times. The changes were announced by Scale AI founder Alexandr Wang, who joined Meta as chief AI officer in June. Meta’s new organization for AI will be called the Meta Superintelligence Labs, or MSL. The centerpiece is a new group called TBD Labs, which will be run by Wang. The group will focus on foundation models…
Meta is rolling out an AI-powered voice translation feature to all users on Facebook and Instagram globally, the company announced on Tuesday. The new feature, which is available in any market where Meta AI is available, allows creators to translate content into other languages so it can be viewed by a broader audience. The feature was first announced at Meta’s Connect developer conference last year, where the company said it would pilot test automatic translations of creators’ voices in reels across both Facebook and Instagram. Meta notes that the AI translations will use the sound and tone of the creator’s…
Key Takeaways KindlyMD acquired 5,744 Bitcoin worth approximately $679 million through its subsidiary Nakamoto Holdings. The purchase is part of KindlyMD’s strategy to accumulate one million Bitcoin as a corporate reserve asset. Share this article KindlyMD, led by President Donald Trump’s Bitcoin advisor David Bailey, announced Tuesday it had spent approximately $679 million to accumulate around 5,744 Bitcoin.With the latest acquisition, KindlyMD’s Bitcoin stash surpasses 5,764 units, equating to over $655 million at current prices of about $113,840. The company used PIPE proceeds for the purchase as part of its strategy to acquire one million Bitcoin under the Nakamoto Bitcoin…
Polygon token (POL) soared as most altcoins dipped on Monday and early Tuesday. While POL has given up some of the gains to $0.26, bulls appear to be in control. Gains for the altcoin come as its network’s total value locked (TVL) jumped to a year-to-date high. Polygon’s native token, POL (ex- MATIC) (POL), is one of the gainers in the past 24 hours as cryptocurrencies look to bounce off the latest dump. Altcoins such as Chainlink and XRP are eyeing fresh gains. While POL price has slipped from highs of $0.27, it’s currently holding above $0.25 as a potential…
Key Takeaways SharpLink Gaming’s Ethereum reserves have reached 740,760 ETH. The company increased its ETH holdings through large purchases and maintains over $84 million in cash reserves for future acquisitions. Share this article SharpLink Gaming, the second-largest corporate holder of Ethereum, said its treasury now totals 740,760 ETH, an increase of 11,956 units in four days. The company acquired 143,593 ETH last week at an average price of $4,648.With ETH currently trading above $4,300, SharpLink’s ETH stash is valued at over $3 billion.The expanded holdings secure SharpLink’s place as one of the biggest corporate Ethereum treasuries, second only to BitMine…
Reasons to trust Strict editing policy focusing on accuracy, relevance and fairness Created by industry experts and meticulously reviewed The highest standard for reporting and publishing Strict editing policy focusing on accuracy, relevance and fairness Morbi Pretium leo et nisl aliquam Mollis. Quisque Arcu Lorem, Ultricies Quis Pellentesque Nec, ullamcorper eu odio. The crypto market slips into the week in a retention pattern, price action grinds sideways, positioning increasingly connected to one catalyst. “This is the only big, big event,” analyst Josh Orshewitz said on August 18th’s Macro Monday Stream. “Everyone sees this, talks about this, analyzes this… What Jay…
Alvin Lang Aug 19, 2025 07:37 Explore the rapid adoption of xStocks, tokenized equities on Solana (SOL), as they achieve significant trading volumes through major exchanges and DeFi integrations. The launch of xStocks, a platform offering tokenized equities on the Solana (SOL) blockchain, has garnered significant attention in the decentralized finance (DeFi) space. According to Solana, xStocks went live on June 30, 2025, with an initial offering that included over 55 stocks and ETFs. Launch and Early Traction Backed, a financial technology firm, spearheaded the launch of xStocks, partnering with major centralized exchanges…
Firecrawl’s co-founder and CEO Caleb Peffer knew the exact moment he found the investor to lead his Series A. He was in a coffee meeting with Nexus Venture Partner’s Abhishek Sharma at the Blue Bottle in San Francisco’s South Park (a favorite VC haunt). While describing the future of the company, he was gesturing so animatedly that his chair tipped over. “I actually fell out of my chair. And Abhishek, as a great Investor does, caught the chair and me as I was falling,” Peffer described with a laugh. That felt like a symbol for how the founder/investor relationship is…