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Business coverage of technology, AI and cryptocurrency

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Search results for «Corporate Spend»

12 posts

4 November 1

  1. Oracle Stock Bond Offering Raises $20 Billion for AI Infrastructure Expansion

    Oracle priced a $20 billion stock-and-bond offering on November 2, 2026, to finance data center and AI infrastructure growth through 2030.

    3 min

3 November 2

  1. OpenRouter Token Volume Hits 194 Trillion in One Week With 10 Quadrillion Annualized Run Rate

    OpenRouter processed 194 trillion tokens in the week of October 26, 2026, setting an annualized run rate above 10 quadrillion tokens for the first time.

    3 min

  2. PhotonPay Funding Hits $40 Million in Series C Led by Blockchain Capital

    Hong Kong-based PhotonPay closed a $40 million Series C round led by Blockchain Capital on October 29, 2026, to scale its stablecoin-centric Financial OS.

    3 min

2 November 1

  1. Binance Hack Recovery Pushes Forward With Phased Withdrawals After 95% Coverage

    Binance resumes phased withdrawals on November 1 after covering 95 percent of the record $6.3 billion theft attributed to North Korea-linked actors.

    3 min

1 November 1

  1. Cohere Funding Secures Up to C$1.6 Billion from Canada for Sovereign AI

    On October 29, 2026, Canada announced an equity investment of up to C$1.6 billion in Cohere to advance sovereign AI capabilities and domestic infrastructure.

    3 min

29 October 1

  1. Stripe Treasury API 2026 Expands Multi-Currency Accounts and Global Payouts

    Stripe expanded Treasury capabilities in 2026 with additional currency support, instant transfers, and stablecoin options for cross-border operations.

    3 min

28 October 1

  1. Anthropic IPO Filing Reveals $417 Billion Compute Commitments for Nasdaq ANT Listing

    Anthropic filed its S-1 on October 26, 2026, for a Nasdaq listing under ticker ANT, disclosing $417 billion in future compute obligations and rapid revenue growth.

    3 min

25 October 1

  1. Nebius Citi Credit Facility Provides $3.5 Billion for AI Data Center Growth

    Amsterdam-based Nebius Group secured a $3.5 billion senior secured facility from Citi on October 22, 2026, to fund data center expansion and GPU purchases.

    3 min

24 October 1

  1. OpenAI GPT-6 Models Enter Google Cloud Model Garden in Private Preview

    OpenAI and Google Cloud have placed GPT-6 Astra, Sol and Luna into Model Garden private preview. Enterprise customers gain unified billing and data controls.

    3 min

21 October 1

  1. Ramp Trust Bank Charter Application Filed With OCC for Digital Asset Custody

    Ramp submitted an application on October 16, 2026, to establish a national trust bank focused on digital asset custody and fiduciary services under OCC oversight.

    3 min

18 October 1

  1. Nvidia Q3 2026 Earnings Deliver Record $51 Billion Data Center Revenue

    Nvidia posted $57 billion total revenue for Q3 FY2026, with data center revenue hitting a record $51.2 billion on sustained AI infrastructure spending.

    3 min

16 October 1

  1. Ramp $60 Billion Valuation Follows $1.85 Billion Round as Revenue Hits $2 Billion

    Ramp announced a $1.85 billion funding round on October 15, 2026, reaching a $60 billion valuation as annualized revenue surpassed $2 billion and customer spend volume grew sharply.

    3 min