Monday, May 27, 2024

Elon Musk says all of the $6B in xAI's Series B is new money rather than shares "given" to investors in Musk's takeover of Twitter (Axios)

Axios:
Elon Musk says all of the $6B in xAI's Series B is new money rather than shares “given” to investors in Musk's takeover of Twitter  —  - That said, there's plenty of overlap in the investor list, and it's unclear if the original Twitter/X backers also received additional equity in xAI …



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Tether acquired 8,888 bitcoin worth $735M in Q1 2025, taking its total holdings to $7.8B and making it the sixth-largest bitcoin holder in a single wallet (Yogita Khatri/The Block)

Yogita Khatri / The Block : Tether acquired 8,888 bitcoin worth $735M in Q1 2025, taking its total holdings to $7.8B and making it the six...