Venture capital firms rarely announce a $10 billion bet in a single breath, but that’s exactly what Sequoia Capital just did. The Sequoia Capital AI investment, unveiled around August 6, 2026, marks the firm’s largest commitment ever, pairing traditional artificial intelligence bets with a parallel push into what Sequoia calls “reindustrialization” — a mix of
A $10,000 investment in Intel (NASDAQ: INTC) a year ago would be worth almost $50,000 today after the Nvidia (NASDAQ: NVDA)-backed chipmaker delivered a roughly 370% return over the past 12 months. Intel shares closed at $97 on August 11, up from about $20.65 a year earlier. Based on the stock’s 372.25% gain, a $10,000
Nvidia (NVDA) is reportedly seeking to attract more than $500 billion in outside funding to build out AI computing infrastructure, a move that could significantly widen the gap between centralized, high-performance data centers and blockchain-based decentralized computing networks such as Render and Akash. The initiative, involving major Wall Street financial firms, underscores the growing demand
Trading platform eToro plans to acquire US online brokerage TradeZero as part of its US expansion plans, the company announced Tuesday. In its second-quarter report, eToro reported $1.59 billion in revenue, down from $2 billion in the comparable 2025 period. Of that, $1.34 billion was revenue from crypto assets, down about 30% from $1.9 billion
Coinbase (COIN) is setting up its international tokenization hub in Abu Dhabi, giving the crypto exchange a regulatory base for bringing traditional securities onchain outside the U.S. The company said Tuesday it received Financial Services Permission from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM), allowing it to arrange investment deals
Nasdaq-listed chipmaker Nvidia (NVDA), the bellwether for everything AI, is pushing Wall Street banks to treat its AI computing power like commercial real estate, toll roads or power plants: as an investable infrastructure asset. Nvidia said Monday it has signed memorandums of understanding with six Wall Street heavyweights – Apollo Global Management, Blackstone, BlackRock, Brookfield
Bitwise Research Head Ryan Rasmussen said the stablecoin market could grow many times larger than its current size in the coming years. In a recent interview, Rasmussen predicted that the stablecoin market, currently at around $300 billion, could reach between $3 trillion and $5 trillion. Rasmussen argued that investors, in particular, have not adequately priced
Exodus Movement, the crypto wallet provider, reported a net loss of $18.6 million for the second quarter of 2025, a sharp reversal from the $37.7 million net income it posted in the same period last year. The company’s revenue rose 2% year over year to $26.2 million, according to a report by The Block. Acquisitions