The once-novel idea of putting stocks on the blockchain is gaining momentum fast. The latest example came on Thursday morning, when Nasdaq announced a $100 million investment in Payward, the parent company of the cryptocurrency exchange Kraken, that will see the two companies work on new ways to trade tokenized versions of stocks. Kraken’s valuation
Google will buy up to half the electricity produced by one of Finland’s nuclear power plants as part of a record €13bn (£11bn; $15bn) investment in the country’s AI infrastructure, the company announced. The US tech giant said the package would fund three new data centres, expand an existing site and support energy projects to
Picture this: you’ve just been offered a job after endless rounds of interviews and tests, when the interviewer asks, “What are your salary requirements?” According to one billionaire, the number you should be asking for isn’t a salary at all. Dylan Taylor, the founder of space-tech company Voyager Technologies, became a millionaire at 27—five years
Sports betting used to be a Sunday habit, but for a growing share of Americans, and an even larger portion of Gen Z, it’s starting to look like a backup financial plan. New research from Bank of America Institute shows that across every generation, people see prediction-market contracts as even more investment-like than sports bets.
Baobab Studios has secured a strategic investment from Naver Ventures, the U.S.-based venture investment arm of Naver Corporation, the 10-time Emmy-winning transmedia animation studio has revealed. Naver Corporation is one of South Korea’s largest internet companies and the parent of Webtoon Entertainment Inc. Variety understands the investment is worth seven figures and values Baobab above
Jensen Huang is feeling spendy. In the span of a few weeks, the Nvidia CEO has committed billions to deals and investments — with more potentially right around the corner. The spending spree shows how far Nvidia is expanding beyond chips and raises a bigger question: how much of the AI ecosystem does it want