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402 articles

Kraken parent Payward closes Bitnomial deal to expand US crypto derivatives
The acquisition provides a fully licensed derivatives stack under CFTC oversight, covering trading, clearing and brokerage.
Trump’s green new deal
The US president’s actions have inadvertently raised the appeal of renewable energy

Pentagon strikes classified AI deals with OpenAI, Google, and Nvidia — but not Anthropic
The Pentagon has struck deals with OpenAI, Google, Microsoft, Amazon, Nvidia, Elon Musk's xAI, and the startup Reflection, allowing the agency to use their AI t
Pentagon Makes Deals With A.I. Companies to Expand Classified Work
The agreements with the technology companies come amid the Defense Department’s dispute with Anthropic.
Pentagon inks deals with Nvidia, Microsoft, and AWS to deploy AI on classified networks
The deals come as the DOD has doubled down on diversifying its exposure to AI vendors in the wake of its controversial dispute with Anthropic over usage terms o
Replit’s Amjad Masad on the Cursor deal, fighting Apple, and why he’d rather not sell
At TechCrunch's sold-out StrictlyVC event in San Francisco on Thursday night, we covered a lot of ground in a short time, beginning with the question everyone i

Riot Platforms Stock Pops as Bitcoin Miner Reports Data Center Revenue, Doubled AMD Deal
The Bitcoin mining company's pivot to AI infrastructure hosting generated its first data center revenue as AMD expanded its capacity.

Pentagon Signs AI Deals With Google, OpenAI, Nvidia, Microsoft, Amazon and SpaceX
The Department of Defense's agreements will enable AI from the likes of Google and OpenAI to run on top-secret military networks.
Ethereum Foundation finalizes sale of 10,000 ether to BitMine as part of its treasury strategy
The latest transaction follows a similar March deal in which the foundation sold 5,000 ETH to BitMine, raising roughly $10.2 million.
Bitcoin miner Riot's shares jump 8% after expanding AMD data center deal, signaling AI pivot
AMD’s expansion and improved financing terms highlight Riot’s shift beyond bitcoin mining and strengthen confidence in its growing data center business.

Crypto VC funding plunges to $659M in April, hits near two-year low
Crypto VC funding fell to $659 million in April, its lowest monthly total since July 2024, as dealmaking slowed across the sector.

Ethereum Foundation sells another 10,000 ETH to BitMine in third OTC deal
The Ethereum Foundation has now sold roughly $47 million worth of ETH to BitMine in a week, drawing fresh criticism over the pace and scale of its sales.
Spirit Airlines could shut down as soon as tomorrow, source says
Spirit Airlines could shut down as soon as tomorrow, a source says, as talks with the Trump administration about a bailout fail to reach a deal
Spirit Airlines winds down operations after bailout talks founder
Trump said US would only proceed with rescue for bankrupt budget carrier ‘if it’s a good deal’
Trump says he will hike tariffs on EU cars to 25%
The current level of tariffs charged on goods entering the US from the EU is 15%, under a deal negotiated last July.
Apple just gave a clue that a big AI acquisition may be in the cards
With Apple officially retiring its net-cash-neutral target, some suspect the company will look to conduct more transformative M&A, beyond the smaller deals it m
Trump's new executive order, with help from Congress, could increase U.S. retirement wealth up to 77%, researchers find
Trump's executive order created a new way for Americans to save for retirement and called on Congress to expand the parameters of the deal.
Trump says he's raising EU auto tariffs to 25%
The Supreme Court struck down Trump's "reciprocal" tariffs earlier this year, and Europe warned that its trade deal with Washington could be in jeopardy.
Spirit Airlines shuts down after failing to reach a bailout deal, ending discount travel era
Talks with bondholders for a government bailout this week failed to yield a deal.