News linked to this event type.
Odaily News: Digital asset company Tether has announced the completion of a full independent audit by KPMG U.S. of the financial statements of Tether International, S.A. de C.V. for the year ended December 31, 2025. KPMG U.S. issued an unqualified audit opinion. The audit covered transactions, systems, ownership records, valuations, counterparties, and financial statement evidence, and also examined the balance sheet, income statement, statement of changes in equity, and cash flow statement. KPMG U.S. also physically counted and inspected every single gold bar held by Tether. Tether CFO Simon McWilliams said that the 2025 audited financial statements show that its reserve assets exceed its liabilities by $6.814 billion. Tether stated that this audit is an important step in fulfilling its long-term commitment to financial transparency. (Tether News)
Odaily News Chip giant AMD plans to raise up to $5 billion through a four-part bond offering, which, if completed, would become one of the largest bond financings in the company's history.It is reported that AMD is increasing capital expenditure to address the rapidly growing demand for AI computing. Previously, the company has reached significant cooperation agreements with Anthropic and Microsoft (MSFT), and has committed to providing up to $5 billion in support to Anthropic.The proceeds from this bond offering will be used for general corporate purposes, including potential debt repayment. As of now, AMD has approximately $875 million in bonds maturing next month.The market believes that AMD's recent continuous expansion of its AI chip and computing infrastructure layout, with debt financing providing financial support for the company to further invest in its AI business, expand its supply chain, and drive strategic cooperation.
Odaily News - Analyst qinbafrank posted on X platform, stating that the latest earnings reports from CoreWeave (CRWV) and Nebius show the AI cloud computing (CSP) industry is entering a phase of rapid expansion. The competitive focus is shifting from simply providing GPU leasing to building AI infrastructure platforms that encompass computing power, software, data, and operational capabilities.Currently, AI computing demand still significantly exceeds short-term deliverable supply. Meanwhile, pricing power for AI computing is strengthening, but price increases are mainly concentrated on high-value resources. CoreWeave stated that prices for various GPU computing SKUs rose by approximately 25% on average in July; Nebius disclosed that prices for previous-generation GPUs increased by over 30% compared to Q1, with new contracts signed in Q2 averaging over $20 million in annualized revenue per MW, some projects reaching $20 million to $25 million, and short-term emergency capacity prices even reaching $40 million to $50 million per MW.However, price increases are mainly occurring in short-term capacity, next-generation GPUs, large-scale clusters, and production-grade AI inference scenarios. Traditional low-priority, long-term locked-in bare computing power has not seen concurrent price increases. From a profitability model perspective, project-level returns on AI computing are becoming clearer, but overall corporate return on invested capital (ROIC) still needs time to be validated. Nebius has for the first time disclosed relatively clear project payback periods, while CoreWeave is reducing GPU investment pressure through long-term contracts and asset-level financing. However, both companies remain in a high-capital-expenditure phase, with depreciation and financing costs continuing to compress profit margins.Nevertheless, an increasing number of individual projects are achieving closed-loop economic models, indicating that the AI infrastructure business model is gradually maturing. Additionally, both CoreWeave and Nebius are upgrading toward becoming "AI infrastructure operating systems." Future CSP competition will no longer be just about renting out GPU hours but will cover complete service systems including AI training, inference, storage, networking, model deployment, monitoring, security governance, and Agent runtime environments.In terms of capital models, the two companies are also taking different paths: Nebius leans more toward an asset-light model, building AI data centers through capital partners while providing AI infrastructure operations and software capabilities itself; CoreWeave, on the other hand, is promoting a hybrid cloud model through its Omni strategy, deploying complete AI cloud platforms to customers' own data centers and GPU resources, placing greater emphasis on enterprise-level and sovereign AI delivery.Overall, the AI cloud computing industry is evolving from "GPU rental providers" to "AI infrastructure platforms." Short-
Odaily News: According to market reports, Databricks has completed a $5 billion funding round, bringing its valuation to $190 billion.
Odaily News As a large number of high-growth startups emerge in fields such as artificial intelligence and biotechnology, private equity and Pre-IPO investment vehicles available to ordinary investors are rapidly increasing. Pershing Square, the investment firm led by billionaire investor Bill Ackman, is preparing to launch a new fund to provide investors with access to high-growth private companies.Pershing Square has initiated the process of establishing "Pershing Square Ventures." The fund will adopt a "perpetual capital" model, allowing it to hold investment targets for the long term and continue holding stakes even after portfolio companies go public. In a letter to shareholders, Ackman and Pershing Square Chief Investment Officer Ryan Israel stated that the new fund aims to capture investment opportunities in Pre-IPO companies and expand the firm's investment scope beyond public markets. Pershing Square has not yet disclosed the fund's target size, detailed investment strategy, or specific fundraising timeline. (Bloomberg)
Odaily News: AI architecture development company Pathway has announced the completion of a $30 million seed funding round, with participation from Id4 Ventures, TQ Ventures, Red Bridge Ventures, Kadmos Capital, and WS Investment, the investment arm of Wilson Sonsini, among others. Databricks' Chief AI Scientist Jonathan Frankle has joined as an angel investor.Pathway is developing a Bio-inspired Dynamic Hierarchical architecture (BDH), a "post-Transformer" architecture designed to overcome the limitations of current Transformer models, which continue to rely on ever-increasing data, GPUs, energy, and capital expansion. Unlike traditional large models that require periodic retraining, BDH enables continuous learning and ongoing adaptation with significantly less data.The company also announced the appointment of Adam Kurzrok, former product lead for Google DeepMind's Gemini, as Chief Product Officer. He will oversee the product direction of BDH models, covering areas such as model packaging, evaluation systems, and commercial deployment. (Finsmes)
Odaily News: Citrini analyst Jukan posted on X platform stating that Anthropic investors believe the surging demand for its Claude series of advanced AI models and tools is sufficient to support the company's extremely high valuation expectations. According to investor estimates, Anthropic is expected to reach an annualized revenue of $100 billion to $120 billion by the end of 2026, a figure calculated using the company's preferred method, which projects full-year sales based on recent performance. If this expectation is realized, Anthropic's revenue scale would grow more than 10 times during 2026.An institutional investor commented: "If Anthropic can achieve 800% annual growth, even at a very conservative level, its valuation could reach 30 times revenue." Based on this valuation logic, Anthropic's potential market capitalization could reach $3 trillion.
Odaily News: According to market sources, Robinhood Ventures Fund II has raised $200 million through its initial public offering.
Bit Digital has released its financial results report for the second quarter of 2026. The data shows that the company purchased 8,568 ETH for $20 million in Q2, at an average cost of approximately $2,334.25 per ETH, with no ETH sold during the quarter. As of the end of Q2, Bit Digital held approximately 164,310.5 ETH, valued at roughly $258 million at that day's prices. Of this, 75,757.5 ETH were held directly, with a fair value of approximately $118.9 million; 73,235 ETH were allocated to liquid staking, yielding 66,192 LsETH; 49,000 LsETH were used for collateralized financing, corresponding to asset-backed receivables of approximately $105.6 million; and the remaining 17,192 LsETH were held as margin buffer assets. (Prnewswire)
Odaily News: The U.S. Securities and Exchange Commission (SEC) plans to unveil two crypto-related initiatives in the coming days, while Congress's CLARITY Act remains stalled at least until September. The SEC is expected to propose "Regulation Crypto" at a public meeting on Friday, allowing projects to raise funds through token sales without completing full securities registration. The SEC also plans to introduce an "innovation exemption" for tokenized stocks, with details potentially released on Friday. The exemption would allow tokenized versions of stocks such as Apple, Tesla, and Nvidia to trade on the blockchain 24/7, with support for fractional trading and near-instant settlement. Such tokens typically track the economic exposure of the underlying stock but do not carry voting rights or dividend entitlements. The initiative falls under SEC Chairman Paul Atkins's "Project Crypto" agenda, with Robinhood Chain, Solana, and Base all having advanced related on-chain markets. (Decrypt)
Odaily News: AI investment platform Thrive Holdings has announced the completion of a $2 billion funding round, valuing the company at $12 billion, with participation from SoftBank, D1 Capital Partners, and Altimeter Capital.Thrive Holdings was founded in 2025 by Thrive Capital founder Joshua Kushner. Unlike traditional investment firms, it does not directly invest in AI model development companies. Instead, it primarily acquires traditional service enterprises and integrates AI technology into their business processes to drive efficiency gains. The company had previously secured approximately $1 billion in initial funding. (New York Times)
Odaily Planet Daily: Crypto asset trading platform Bullish has announced its financial results for Q2 2026. The company stated that as global securities markets gradually migrate to public blockchains, Bullish is planning to build a comprehensive issuer-supported tokenized securities service system covering issuance, listing, trading, and tracking.Bullish CEO Tom Farley stated that the global securities market, valued at nearly $300 trillion, is transitioning to public blockchains, and Bullish aims to work with issuers to drive this process. Upon completion of the proposed acquisition of Equiniti, the company will form an integrated platform covering tokenized securities issuance, listing, trading, and tracking.Financial data shows that Bullish's Q2 digital asset sales reached $32.6 billion, down from $58.6 billion in the same period last year; the net loss was $280 million, compared to a net profit of $108.3 million in the same period last year, corresponding to a diluted loss per share of $1.78.However, the company's core business performance improved. Q2 adjusted revenue (non-IFRS) reached $92.6 million, up 62% year-over-year from $57 million in the same period last year; among which subscription, services, and other revenue hit a record $62.7 million. Adjusted trading revenue was $29.9 million, up 24% year-over-year; adjusted EBITDA was $29.5 million, compared to $8.1 million in the same period last year; adjusted net profit was $14.3 million, compared to a loss of $6 million in the same period last year.In terms of business progress, Bullish stated that the acquisition of UK fintech company Equiniti is progressing and is expected to be completed in early 2027, subject to customary conditions including regulatory approvals. Additionally, Bullish's CoinDesk indices continue to gain institutional adoption. Morgan Stanley has launched Bitcoin, Ethereum, and Solana-related trading products based on CoinDesk benchmark indices, attracting over $400 million in inflows during Q2.On the regulatory front, Bullish has received approval from the Gibraltar Financial Services Commission (GFSC) to provide secondary trading services for tokenized securities, becoming one of the first regulated platforms to offer issuer-supported tokenized securities trading.The company has also raised and refined its full-year 2026 guidance, projecting subscription, services, and other revenue (non-IFRS) of $225 million to $245 million, adjusted operating expenses of $225 million to $230 million, and financing costs of $52 million to $60 million. (Globenewswire)
According to Cointelegraph, digital asset infrastructure provider Copper announced that its US subsidiary, Copper Markets (US) Inc., officially obtained SEC-registered broker-dealer status on August 7 and became a FINRA member, officially establishing a compliant market presence in the United States. The company will provide institutional clients with qualified custody, staking, financing, and over-the-counter trading services, while also opening its ClearLoop network, allowing institutions to pledge and transfer crypto assets and tokenized assets between counterparties as collateral.
According to EU-Startups, AI security startup Mindgard announced the completion of a €26 million (approximately $30 million) Series A funding round, led by Album VC, with participation from Karma Ventures, .406 Ventures, Atlantic Bridge, IQ Capital, and Lakestar. Mindgard was founded by Dr. Peter Garraghan in 2022, incubated by Lancaster University in the UK, and is headquartered in Boston and London. The company's platform provides Shadow AI discovery, AI red teaming, and runtime AI protection capabilities, and has helped disclose over 150 high-impact AI security vulnerabilities, covering issues such as the Cursor IDE zero-day code execution vulnerability, Google Antigravity trusted workspace defects, and ChatGPT image generation protection failures.
keep.coffee stated that its platform adopts an on-chain financing model, does not use a Bonding Curve, does not establish an internal fund pool, and does not require users to custody funds with the team, committed to providing a more transparent financing experience for AI developers.
According to TechCrunch, AI code verification startup Blacksmith announced the completion of a $45 million Series B funding round, led by Peak XV Partners, with participation from GV and Y Combinator, valuing the company at $550 million.
Binance will launch 6 USDT-quoted perpetual contracts on traditional financial assets on August 14, with underlying assets covering Hong Kong stocks, Korean stocks, and the South Korea KODEX 200 ETF, including Zhongji Innolight (3308.HK), Samsung Electro-Mechanics (009150.KS), Hanmi Semiconductor (042700.KS), LG Electronics (066570.KS), NAVER (035420.KS), and KODEX 200 ETF (069500.KS).
According to Chaoxiang Research, JPMorgan's expert commentary on August 12 noted that SanDisk will hold an Investor Day on August 13. The market expects management to provide guidance for annual revenue growth of over 20%, flat gross margin, operating leverage driving EPS growth of over 20% to 30%, and significantly reduced cyclicality. Investor communications indicate the market expects the annual buyback ratio to be around 10%. To date, SanDisk has signed 8 customers and 10 LTAs, covering over 50% of FY2027 wafer capacity, with minimum revenue commitments reaching $93.9 billion. The HBM market is moving from standardization to customization; Micron stated that HBM4E will usher in the era of "customized SKUs," and the ratio of HBM encroachment on traditional DRAM capacity has worsened from 3:1 to approximately 4:1. eSSDs now account for 48% of global NAND shipments, up from just 26% a year ago, with industry revenue increasing fivefold year-over-year. JPM judges that the combination of LTAs, HBM customization, and changes in eSSD demand structure is pushing memory chips from a commodity cycle to a structural cycle, and valuation methodologies may need adjustment. Quantinuum's quantum computer commercialization is accelerating, with CY27 revenue guidance exceeding $60 million (+34%); JPM maintains a $97 price target and Overweight rating. Super Micro Computer F4Q26 gross margin of 17.6% exceeded guidance, orders exceeded 6
Odaily News: Some existing investors in Anthropic expect that the company's valuation could exceed $2 trillion when it goes public as early as October this year. The six investors interviewed believe that demand for Claude and rapid revenue growth could push Anthropic's valuation to double from the $965 billion recorded in May this year.Anthropic disclosed in May that its annualized revenue had surpassed $47 billion, and some investors expect it could reach $100 billion to $120 billion by the end of the year. One investor, applying a revenue multiple of roughly 30 times, believes Anthropic's valuation could reach as high as $3 trillion.However, the above valuations are all investor projections. Several investors noted that Anthropic's management has not yet set an IPO valuation target. Low-cost AI model competition from China, its relationship with the U.S. government, and corporate controls on AI spending are still seen as potential risks. (FT)
据 The Information 报道，预测市场平台 Kalshi 正在进行新一轮融资谈判，计划以 400 亿美元估值 融资至少 7.5 亿美元。知情人士称，红杉资本 与 威灵顿管理 正洽谈担任联合领投方，其中威灵顿管理或将成为新投资者。报道同时指出，本轮融资规模尚未最终敲定，后续仍可能调整。