Luxor raises $16M from CMT Digital amid AI-Bitcoin miner convergence
Luxor aims to use the proceeds to scale its existing AI infrastructure business and expand its GPU sourcing services as global chip supply chains become constrained.
98 articles
Luxor aims to use the proceeds to scale its existing AI infrastructure business and expand its GPU sourcing services as global chip supply chains become constrained.
Money20/20 , the world’s leading fintech show, concluded last Wednesday Oct 21, at The Venetian in Las Vegas, bringing together ~11,000 attendees from 85+ countries, 3,000+ companies, 450 sponsors and…
South Korea's stock market has seen wild swings as the global AI trade drives investor sentiment. Jung Yeon-je/AFP/Getty Images Semiconductor stocks are now moving global markets more than oil, Goldman…
The strength of the beat, and the KOSPI sidecar on a sharp rally, underline how heavily Korean assets now trade on the AI chip cycle. That cuts both ways: it…
On Oct. 26, S&P Global closed its acquisition of OpenZeppelin. S&P Global said the smart-contract security firm’s open-source code supports more than $38 trillion in value transferred. The deal closed…
About 60,000 Microsoft workers, equal to about a quarter of its global staff, are set to receive voluntary buyout offers from the company. This comes amid attempts to reduce costs…
S&P Global’s acquisition of OpenZeppelin closed on October 26, 2026 , bringing a smart-contract security business with more than 900 engagements into the financial-data and ratings group. S&P Global said…
A reduction in the growth multiple that investors are prepared to pay for AI stocks and a rise in volatility has forced Goldman strategist Tim Moe to take an axe…
TLDR : Global inflation could reach 4.7% in 2026 as the IMF projects economic growth will slow to 3.1% globally. The IMF favors temporary, targeted transfers to protect vulnerable households…
American Express (Amex) shares closed 3.62% lower on Friday. This came as a surprise, as the credit card giant exceeded Q3 profit estimates. The company also announced plans to cut…
Cybersecurity leaders talked with BI about the rise in demand for workers in the field. MASTER/Getty Images All hell broke loose this week after a security flaw in 70% of…
The world economy is entering a dangerous period, but a Great Depression-style collapse is still a remote possibility. A prolonged economic slowdown, further stock-market corrections, and a potential recession in…
American Express (AXP) posted a mixed Q3 and raised its annual profit guidance on Friday morning, but investors aren’t celebrating. AXP shares came under pressure as the payments giant announced…
Prior was 59.8 Manufacturing 56.0 vs 55.5 expected Prior manufacturing 57.0 Composite 57.6 vs 58.4 prior selling prices rose at the sharpest rate since August 2022 New orders highest in over…
Bitget today announced the addition of eight new Contracts for Difference (CFD) trading instruments across industrial metals, energy, and global equity indices. The expansion broadens Bitget's traditional financial market offering,…
Prior 53.9 Services PMI 51.7 vs 52.5 expected Prior 52.9 Composite PMI 52.8 vs 53.3 expected Prior 53.8 Key findings: Economic activity softens in October Comment: Phil Smith, Economics Associate…
OKX, a leading global cryptocurrency exchange and onchain technology company with more than 150 million customers worldwide, announced the launch of a unified EUR order book combining EUR and EURC…
Drops for stocks in the artificial-intelligence industry are dragging markets down worldwide on Thursday, while oil prices hit their highest levels since May on worries about the war with Iran…
Drops for stocks in the artificial-intelligence industry are dragging markets down worldwide on Thursday, while oil prices hit their highest levels since May on worries about the war with Iran…
Gate, one of the leading global digital asset trading platforms, officially released its Q3 2026 Report , highlighting that Gate accelerated its business expansion across multi-asset trading, wealth management, institutional…
A SpaceX Falcon 9 rocket returns at Cape Canaveral, Florida, after launching a Crew Dragon capsule into orbit on October 1, 2026. Marco Bello / AFP via Getty Images SpaceX…
Crypto exchange KuCoin has expanded its TradFi trading platform, introducing a broader selection of perpetual contracts linked to global equities, commodities, and market indices. The platform now supports more than…
Global operation results in 1,462 arrests, disruption of nearly 11,000 malicious networks and recovery of more than $105 million in illicit funds LAKE MARY, Fla.--(BUSINESS WIRE)--Team Cymru today announced its…
Barclays on Thursday said it’s cutting 5,000 jobs, about 5% of its workforce, as the bank relies on artificial intelligence to perform back-office tasks.