Trump Accounts will focus on the S&P 500 to keep investing “as simple as possible,” said Robinhood CEO Vlad Tenev. In an interview with CNBC released on Wednesday, Tenev was asked whether Trump Accounts users will only have the option to invest in the S&P 500 via the platform in the long term. Trump Accounts
Nvidia said on Monday that it will invest $1.5 billion in SB Energy, a data center linked to SoftBank and OpenAI. The investment ensures that Nvidia will be the sole supplier of compute infrastructure at OpenAI’s Ports-Pike data center near Cincinnati, Ohio. Nvidia will also provide up to $105 billion in credit to help build
As part of the global distribution and sales company’s investment in the creator economy, Filmhub has inked a partnership with talent management company UnderCurrent. Filmhub’s goal with the partnership is to help digital creators expand their distribution reach — whether that’s by licensing their content to VOD platforms or helping them negotiate original film and
In the high-flying world of AI investing, sometimes you get the bull, and sometimes you get the horns. After a long ride on the bull, Gen Z hedge-funder Leopold Aschenbrenner found out last week how quickly things can shift, even for a whiz kid once called the “Nostradamus of AI.” It’s a story that was
South Korea’s stock market was back in the red on Monday, extending a turbulent stretch after July’s historic selloff. On Monday, the country’s benchmark Kospi index closed 5% lower as index heavyweights Samsung Electronics and SK Hynix both ended 9% lower. The declines reversed part of Friday’s record rebound, when the Kospi surged 178% —
Charles Hudson has spent more than a decade investing in startups. As founder and managing partner of Precursor Ventures, he has invested in hundreds of companies and seen massive shifts in markets that require founders to get creative and throw out old fundraising playbooks. On this week’s episode of Build Mode, Startup Battlefield lead Isabelle