Thursday, July 18, 2024
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Microsoft to invest $3.2B in UK artificial intelligence infrastructure

Microsoft is set to launch a $3.2-billion investment in the United Kingdom for artificial intelligence (AI) infrastructure and training.This marks the company’s largest U.K. investment since it started doing business in the area 40 years ago..@Microsoft is committed as a company to ensuring that the UK as a country has

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Cathie Wood’s Ark Invest Offloads $5.3M in Coinbase Holdings and Acquires $1.2M Worth of Robinhood Shares

Ark Invest seems to be rearranging its investment portfolio and has continued to sell huge amounts of Coinbase, while acquiring Robinhood shares. Cathie Wood’s investment firm, Ark Invest, made notable moves in its portfolio on Monday, marking a strategic shift in its crypto and fintech holdings. Ark Invest sold a substantial

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Former Binance CEO CZ Sheds Light on Next Moves as He Plans to Invest Crypto in Biotech Research

Following his recent guilty plea and forthcoming sentencing, former Binance CEO Changpeng Zhao has outlined potential next steps, including crypto investments in biotech research. Changpeng Zhao announced his resignation as CEO of Binance after leading the cryptocurrency exchange since its inception. This news comes on the heels of a settlement with

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Cathie Wood’s ARK Invest Sells $5.26M COIN Shares as Price Hits 19-Month High

The Ark Fintech Innovation exchange-traded fund's (ETF) sale of 43,956 shares took place on the day COIN reached $119.77 on the Nasdaq market, the highest closing price since April 2022. The sale is the biggest since July 25, when the ARK Next Generation Internet ETF dumped more than 53,000 COIN

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Colony Lab to Invest $10M to Support AVAX Crypto Ecosystem, Avalanche Blockchain

"As we channel a $10 million investment into the Avalanche ecosystem, we're not just growing Colony Lab – we're fostering the long-term potential of AVAX,” CEO Elie Le Rest said in a message to CryptoX. “Avalanche understands that real blockchain growth comes from expanding its use cases, and its technology

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