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xAI asks a federal appeals court to revive its case against OpenAI
A district judge threw the trade secrets claim out in June without letting xAI amend it, and the opening brief filed this week is…
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Grayscale wants to list a Zcash ETF this week, its filing says
The SEC has not signed off, and a registration amended twice in four days looks like continued negotiation with regulators, not a settled structure.
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Alibaba raised $10.2 billion for AI and its stock fell 8% anyway
The placement is Hong Kong’s largest primary share sale on record, and the market read the dilution as confirmation that Alibaba’s AI spending is…
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XPeng’s robot arm raised $900 million before it has shipped one
The round values the unit at $6.3 billion on the strength of a humanoid that has not yet reached mass production, let alone a…
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The SEC skipped its own meeting to approve Regulation Crypto
The proposal that a cancelled vote nearly buried is now published and running its comment clock, which is a long way from a final…
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Google can buy $12.2 billion of Marvell stock, if it keeps buying chips
The warrant ties Google’s future stake to how much custom silicon it purchases through 2033, which makes Marvell’s win conditional on Google’s demand holding…
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Hugging Face is exploring a sale that would value it at $13 billion
The talks would nearly triple the price Hugging Face fetched three years ago, but no buyer has been named and the company has not…
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Unitree’s stock added $57 billion in a single day of trading
Its humanoid robots malfunctioned on stage at the same Beijing conference that hosted the surge, which is the part the valuation does not explain.
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Ether jumped 17.5% on a presidential request
Trump asked Congress for a fair version of the Clarity Act five days after the SEC stopped waiting for one.
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US agencies confirm AI wrote the code behind a water utility hack
A joint advisory says AI generated scripts are finding and probing exposed industrial controllers, though who is behind it remains formally unconfirmed.