OpenAI seeks $30 in funding at whopping $1.4 trillion valuation after delaying IPO

OpenAI is seeking at least $30 billion in fresh funding at a valuation of around $1.4 trillion, excluding the new capital, after postponing its initial public offering for 2026, Bloomberg reported. The proposed fundraising would provide additional capital ahead of an eventual listing. The ChatGPT developer last raised $122 billion…

The bitcoin (BTC) price level bulls need to defend

Bitcoin’s BTC$83,023.80 rally has stalled, and a handful of analysts say one price level will decide whether the next move is up or down. The world’s largest cryptocurrency hit a high above $87,400 on Sept. 21. It has pulled back since, testing the $82,000 to $83,000 zone. That area matters.…

US lawmakers, including Sen. Warren, push regulators to block $33B AES buyout: Reuters (AES:NYSE)

A group of US lawmakers including Senator Elizabeth Warren, ​asked federal energy regulators this week to reject a more than $33B sale of power company AES (AES), saying it could drive up electricity ‌bills and benefit data centers at the expense Source link

Robinhood’s new AI agent will trade for you even while you sleep

“Whether you’re an expert or are just getting started with AI, you’re at a disadvantage if you’re not using Robinhood,” said Abhishek Fatehpuria, Robinhood’s vice president of product management. There are guardrails. An agent can only touch the money in its own account. Customers must approve each trade by default,…

Draganfly closes $10M registered direct offering at $5.35 per share

Draganfly (DPRO) announced the closing of its previously announced registered direct offering, raising approximately $10M in gross proceeds. Under the terms of the offering, the drone solutions developer issued 1.87M common shares at $5.35 per share. Draganfly plans to deploy Source link

Bitcoin’s bull score hits 90 in warning sign for bulls

A trend gauge is showing signs of a cooloff after bitcoin’s rally pushed it to just 10 points short of a perfect score. Bitcoin rose 0.4% to just above $83,300 as of Wednesday Asian morning hours, down from an eight-month high near $87,400. CryptoQuant, an onchain analysis firm, pegs its…

This penny stock is soaring up the Stocks and Shares ISA charts. Should we pile in?

Image source: Getty Images I keep an eye on the most popular UK shares among Stocks and Shares ISA investors each month. And in September, 80 Mile (LSE: 80M) made a storming entrance, zooming up the charts seemingly from nowhere. In fact, it even topped the interactive investor list of…

Admiral just reduced its dividend shares payout by 39%. Why I’m not rushing to sell

Image source: Admiral Group plc A 39% payout reduction is the last thing an investor wants to see from their dividend shares. But that’s exactly what Admiral (LSE:ADM) reported in its recent half-year results: an interim payment of 70.5p per share, down from 115p a year earlier. For someone whose…