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Why Jensen Huang’s $500 billion AI financing plan faces a big risk from China
5 mins read
  • Finance

Why Jensen Huang’s $500 billion AI financing plan faces a big risk from China

August 11, 2026 admin0

Nvidia CEO Jensen Huang is pitching GPUs as long-term collateral to unlock $500 billion in funding. The question is how fast will his chips depreciate?

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Visa to buy cybersecurity firm BioCatch for $2.4 billion amid surge in AI-powered scams
2 mins read
  • Finance

Visa to buy cybersecurity firm BioCatch for $2.4 billion amid surge in AI-powered scams

August 3, 2026 admin0

It is also the latest move by Visa to expand its value-added services business, which has become one of the company’s fastest-growing divisions.

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Fintech broker Clear Street offers investors pre-IPO access to $188 billion AI giant Databricks
3 mins read
  • Finance

Fintech broker Clear Street offers investors pre-IPO access to $188 billion AI giant Databricks

July 31, 2026 admin0

Fintech brokerage Clear Street is launching a private markets platform, beginning with Databricks stakes, to give investors more access to late-stage startups.

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How Leopold Aschenbrenner built a $45 billion AI hedge fund — and lost most of it in days
7 mins read
  • Finance

How Leopold Aschenbrenner built a $45 billion AI hedge fund — and lost most of it in days

July 31, 2026 admin0

Leopold Aschenbrenner, a former OpenAI researcher-turned-hedge fund manager, saw a dramatic decline this week in his AI-focused fund, Situational Awareness.

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Visa is cutting 7% of employees in efficiency push as AI reshapes work
2 mins read
  • Finance

Visa is cutting 7% of employees in efficiency push as AI reshapes work

July 28, 2026 admin0

Visa plans to cut about 7% of its workforce, or roughly 2,600 employees, as CEO Ryan McInerney seeks to streamline the payments giant.

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Moody’s says ‘unprecedented’ AI spending threatens credit quality of Amazon, Meta, Alphabet and others
5 mins read
  • Finance

Moody’s says ‘unprecedented’ AI spending threatens credit quality of Amazon, Meta, Alphabet and others

July 24, 2026 admin0

Moody’s said AI spending is forcing even the world’s most cash-rich corporations to lean heavily on debt, stock sales and off-balance-sheet moves.

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Goldman Sachs creates private markets platform as rich investors seek the next SpaceX and Stripe
3 mins read
  • Finance

Goldman Sachs creates private markets platform as rich investors seek the next SpaceX and Stripe

July 21, 2026 admin0

Goldman Sachs is launching a new alternative investments platform aimed at giving wealthy clients and family offices direct stakes in private companies.

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Jamie Dimon says markets underestimate risks and he wouldn’t buy stocks or Treasurys at current prices
4 mins read
  • Finance

Jamie Dimon says markets underestimate risks and he wouldn’t buy stocks or Treasurys at current prices

July 21, 2026 admin0

Comments from JPMorgan Chase CEO Jamie Dimon contrast with investors’ recent willingness to look past wars, tariffs and other shocks.

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Jamie Dimon says markets underestimate risks and he wouldn’t buy stocks or Treasurys at current prices
3 mins read
  • Finance

Jamie Dimon says markets underestimate risks and he wouldn’t buy stocks or Treasurys at current prices

July 21, 2026 admin0

Comments from JPMorgan Chase CEO Jamie Dimon contrast with investors’ recent willingness to look past wars, tariffs and other shocks.

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Sen. Warren says Trump’s CFPB overhaul has cost Americans $26.5 billion
2 mins read
  • Finance

Sen. Warren says Trump’s CFPB overhaul has cost Americans $26.5 billion

July 16, 2026 admin0

Sen. Elizabeth Warren says the Trump administration’s rollback of CFPB rules and enforcement has cost Americans up to $26.5 billion so far.

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