Sunday, April 27, 2025

Architect Partners: crypto firms have struck 88 M&A and SPAC deals worth $8.2B so far in 2025, nearly 3x the $2.75B transaction value across 188 deals in 2024 (Wall Street Journal)

Wall Street Journal:
Architect Partners: crypto firms have struck 88 M&A and SPAC deals worth $8.2B so far in 2025, nearly 3x the $2.75B transaction value across 188 deals in 2024  —  Companies seek to capitalize on lighter regulation, growing mainstream interest  —  President Trump's embrace of digital currencies …



Sources: Huawei has approached some clients to test the technical feasibility of the Ascend 910D, Huawei's newest AI chip that it hopes will beat Nvidia's H100 (Wall Street Journal)

Wall Street Journal:
Sources: Huawei has approached some clients to test the technical feasibility of the Ascend 910D, Huawei's newest AI chip that it hopes will beat Nvidia's H100  —  Superpower rivalry over semiconductors heats up despite Washington's attempts to block Beijing



A look at the rise of "pure play" bitcoin companies like Twenty One, as the stock market is paying far more for crypto exposure than the crypto market itself is (Matt Levine/Bloomberg)

Matt Levine / Bloomberg:
A look at the rise of “pure play” bitcoin companies like Twenty One, as the stock market is paying far more for crypto exposure than the crypto market itself is  —  Twenty One, Trumpcoin dinner, KKR empathy, carry on co-investments and quantitative analysis of hockey.  —  Project Mystery



UK accountancy regulator FRC says auditors can't blame AI for audit failures, after it published what it called the world's first guidance on auditor AI usage (Ellesheva Kissin/Financial Times)

Ellesheva Kissin / Financial Times : UK accountancy regulator FRC says auditors can't blame AI for audit failures, after it published...