Musk’s XAI Sets Sights on Record-breaking $20 Billion Funding Elon Musk’s artificial intelligence (AI) venture, XAI, is making waves in the tech industry once again. The company is reportedly considering a monumental $20 billion fundraising round aimed at bolstering its AI projects and addressing existing debt obligations. This potential move not only showcases XAI’s ambitious […]
Lucy Powell’s X account hacked in crypto scam
Lucy Powell’s X Account Hacked in Crypto Scam Lucy Powell, a prominent figure in the finance world, recently fell victim to a cryptocurrency scam that has sent shockwaves through the industry. The $HCC cryptocurrency was shamelessly promoted through Powell’s hacked account, leading to a series of fraudulent transactions that have left many questioning the security […]
Scottish school to accept Bitcoin for tuition payments
Scottish School to Accept Bitcoin for Tuition Payments In a bold move towards embracing the digital age, Lomond School in Scotland has announced its decision to start accepting Bitcoin as a form of payment for tuition fees. This groundbreaking initiative is not only a testament to the school’s forward-thinking approach but also a strategic step […]
Trump signs resolution to reverse DeFi tax reporting rule
Trump Signs Resolution to Reverse DeFi Tax Reporting Rule In a significant turn of events for the DeFi industry, former President Donald Trump has signed a resolution to reverse the controversial IRS rule that aimed to enforce crypto tax compliance. The rule, which faced intense backlash from the DeFi sector, particularly due to its technical […]
India among few developing nations with strong AI investment
India Among Few Developing Nations with Strong AI Investment In the realm of artificial intelligence (AI) investment, India stands out among its developing nation counterparts. Despite facing challenges in ICT access and skill readiness, the country has been making significant strides in leveraging AI for various sectors, showcasing its commitment to innovation and technological advancement. […]
Gazprom launches digital financial assets worth 2 billion rubles
Gazprom Launches Digital Financial Assets Worth 2 Billion Rubles Gazprom, the renowned Russian energy giant, has recently made a groundbreaking move into the realm of digital financial assets. With an issuance of assets valued at an impressive 2 billion rubles, Gazprom has set the stage for a significant shift in the financial landscape. These digital […]
Elon Musk merges xAI and X to create XAI Holdings
Elon Musk Merges xAI and X to Create XAI Holdings Elon Musk, the visionary entrepreneur behind companies like Tesla and SpaceX, has once again made headlines with his latest strategic move. The merger of xAI and X, two cutting-edge technology firms, has resulted in the formation of XAI Holdings, a powerhouse in the tech industry. […]
Cerebras IPO faces further delays
Cerebras IPO Faces Further Delays Cerebras, a leading innovative company in the field of artificial intelligence, has been facing setbacks in its initial public offering (IPO) process. Despite initial plans for a timely IPO, the company has encountered delays due to a national security review. However, Cerebras remains steadfast in its confidence that it will […]
Russian Central Bank renews push for nationwide crypto ban
Russian Central Bank Renews Push for Nationwide Crypto Ban The world of cryptocurrency has always been a hot topic of debate among financial authorities, with opinions varying widely on how to regulate this ever-growing market. In Russia, this debate has once again been brought to the forefront as the Central Bank renews its push for […]
Trump’s crypto adviser meets UAE’s national security chief for tech talks
Trump’s Crypto Adviser Meets UAE’s National Security Chief for Tech Talks The recent meeting between Trump’s crypto adviser and the UAE’s national security chief has sparked significant interest in the tech and financial world. With the UAE making substantial investments in artificial intelligence (AI) and digital currencies, the collaboration between the two parties could have […]