SoftBank is planning a huge loan that could reach $40 billion, aiming to boost its stake in OpenAI, the maker of ChatGPT. The move would be one of the biggest dollar‑only borrowings in the company’s history and is intended as a short‑term bridge, lasting roughly twelve months. Several large banks ar
A hedge fund has raised its ownership in the world’s largest online betting company to 10. 7 percent, doubling from 5. 1 percent a few months ago. The move was revealed in a public filing, but the fund did not explain why it chose to increase its stake. When asked for a comment, it stayed silent. F
Jiuzi Holdings saw its shares climb sharply after announcing a fresh $80 million deal. The move comes as the company plans to enter the crypto‑asset arena, a sector that is still finding its footing. The investor will buy 40 million ordinary shares at $2 each, giving Jiuzi a sizable cash injectio
The Central Bank of Kazakhstan plans to put up to $350 million into crypto‑related investments, moving beyond traditional gold and foreign‑exchange holdings. This money will come from the country’s nearly $70 billion in reserves, a move that shows a desire to diversify assets with a relatively sm
The two biggest public pension plans in California, CalPERS and CalSTRS, have found themselves tied to the world of digital money. They haven’t bought any Bitcoin directly; instead, they hold shares in companies that are closely linked to the crypto market. The biggest names on their balance sheets
Family offices, the investment arms of wealthy individuals and families, are putting more money into AI companies than ever before. Even after a brief scare about an AI bubble, these investors stayed confident and poured capital into new ventures. Last month, Emerson Collective—run by Laurene Powel
The European Union is preparing a new fund that will pour €5 billion into cutting‑edge technology companies, such as those developing quantum computers and artificial intelligence. The plan is to hand over the fund’s day‑to‑day operations to a private management firm chosen in April. The selectio
A former co‑founder of a major crypto exchange has once again claimed that Bitcoin could reach $250, 000 next year and climb even higher in 2027. He says this jump would happen because governments, especially the United States, will need to issue more money to keep voters happy and to pay for ongoin
A big change is on the way for residents in East County. A new Costco store will open inside a large development called VIVA White Oak. The warehouse will cover about 162, 000 square feet and will be the first big store in a project that spans 280 acres. The site sits close to the Food and Drug Admi
Business Development Companies, or BDCs, often promise big dividends that can tempt investors looking for steady income. The allure is strong: many BDCs offer returns that beat traditional bonds and some stocks, which makes them seem like a gold mine for retirees or anyone needing cash flow. But
