United States

Bitcoin trades near $77,600, up 23% in August
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Bitcoin trades near $77,600, up 23% in August

Bitcoin was still up 23% in August, compared with a 9% gain for gold and a 4% rise for the Nasdaq.
Diya Lal · · 1 min read
SK On signs $1.1b battery supply deal with US Neovolt
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SK On signs $1.1b battery supply deal with US Neovolt

Under the deal, SK On will provide 9 GWh of lithium iron phosphate battery cells from 2027 to 2031.
Naomi Li Gan · · 1 min read
Anthropic sued by music publishers over Claude training
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Anthropic sued by music publishers over Claude training

The complaint alleges the works were obtained through torrenting, scraping, and downloads.
Grace Priscilla Teo · · 1 min read
A16z launches $1.1b fund for AI hardware, infrastructure
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A16z launches $1.1b fund for AI hardware, infrastructure

Its bets span chips, robots, memory, data centers, and the infrastructure around them.
Diya Lal · · 1 min read
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US crypto custody firm BitGo to buy NYDIG unit for $42.5m

The deal includes US$7 million in cash and about US$35.5 million in BitGo stock.
Minh Le · · 1 min read
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Bitcoin holds near $80,000 ahead of Fed chair’s speech

US spot bitcoin exchange-traded funds took in US$2.8 billion across eight sessions.
Minh Le · · 1 min read
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Workday Q2 revenue rises 13% to $2.6b

For the third quarter, Workday forecast subscription revenue of US$2.515 billion and a non-GAAP operating margin of 30.0%.
Naomi Li Gan · · 1 min read
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Marvell forecasts Q3 revenue above estimates on AI demand

Marvell’s shares fell more than 1% in extended trading after the results.
Aiko Gao Ishida · · 1 min read
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Nvidia agrees to buy Hugging Face for $12.9b: report

If completed, the transaction would be one of Nvidia’s largest acquisitions.
Minh Le · · 1 min read
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AWS, Nvidia to deploy 2 million GPUs in AI infrastructure

The company will deploy 2 million additional Nvidia graphics processing units (GPUs) across AWS’s global infrastructure in 2027 and 2028.
Minh Le · · 1 min read