Artificial Intelligence

SpaceX and Tesla explore merger that would unite more than 30,000 bitcoin
Independent committees are assessing a potential tie-up, while strong SpaceX earnings lift shares ahead of Tesla’s results.

Tether leads $15 million funding round for AI-focused payment startup Mural
The Series A round, which included participation from North Island Ventures and existing investors, brings New York-based Mural's total funding to $28 million.

U.S. CFTC sets agenda for AI forum, exploring trading and agentic finance
A Commodity Futures Trading Commission task force is scheduled for October 28 to talk about how the latest "super intelligence" technology may impact markets.

South Korean IPO slump adds to AI market jitters as Brent crude tops $111
Elice’s debut slump added to concerns over AI infrastructure valuations, while rising oil prices compounded market uncertainty.

Bitcoin mining offshoot Nscale loses Microsoft AI deal as power delay stretches into 2030s
The Nvidia-backed company planned to deliver 23,000 AI chips in the U.K. next year, but its grid connection may not be ready until the 2030s.

BlackRock's Fink names a U.S. recession trigger, sounds alarm over $40 trillion national debt
BlackRock's CEO says "a moratorium of some sort" on data center buildouts would put the U.S. in a recession.

AI agents make 138 million crypto payments as U.S. dominates spending on AI models
U.S.-linked wallets account for just over 88% of tracked AI model payments, dwarfing China’s 0.1% share, according to new Chainalysis research.

Crypto exchange MNX takes on OKX, Bitget offering pre-IPO futures for AI giants
MNX is offering a different way to trade the future valuations of private AI companies, including OpenAI, Anthropic and DeepSeek.

Palantir's Europe head warns the region is 'missing the boat' on AI just as it did with the internet
The Palantir UK chief said the U.S. is racing ahead on enterprise AI while Europe hesitates, and explained why he thinks the company faces intense political attacks.

SWI raises $894 million to repurpose former FTX bitcoin miner Genesis Digital to AI
SWI Group said it would use the proceeds from an 800 million-euro ($894 million) fundraise to transform Genesis Digital Assets, acquired from the FTX bankruptcy, from a bitcoin miner to an AI-focused data center.
