Sources: AMD agrees to backstop a $300M loan from Goldman Sachs for Crusoe to buy AMD's AI chips, the first known example of AMD chips used as debt collateral
Sources: AMD agrees to backstop a $300M loan from Goldman Sachs for Crusoe to buy AMD AI chips, the first known case of AMD chips used as debt collateral
Chipmaker AMD is pursuing the same growth-driving strategy that has boosted sales at rival Nvidia: lending its financial support to upstart cloud providers buying its chips.
The US CFTC launches a pilot program that allows bitcoin, ether, USDC, or other payment stablecoins to be used as margin collateral in US derivatives markets
So Why's BTC Stuck At $90,000? Ronaldo Marquez / Bitcoinist.com : New CFTC Crypto Initiative: Bitcoin, Ethereum, To Serve As Collateral In Derivatives Trading Oluwapelumi Adejumo / CryptoSlate : The C...
Intel CTO and AI officer Sachin Katti says he is leaving the company after four years to join OpenAI; Intel says CEO Lip-Bu Tan will take over its AI efforts
follows another AI data center exec out the door, Lip Bu-Tan to take up the slack Proactive : Intel AI chief Sachin Katti departs to join OpenAI Tom / NextBigWhat : Intel's AI chief Sachin Katti joins...
Sources: JPMorgan plans to allow institutional clients globally to use their holdings of bitcoin and ether as collateral for loans by end of year
JPMorgan Chase & Co. plans to allow institutional clients to use their holdings of Bitcoin and Ether as collateral for loans by the end …
Crypto markets crashed after Trump threatened an extra 100% tariff on China, triggering $19.1B+ in liquidations, 10x+ the liquidations during the FTX crash
#Binance only reports one liquidation order per second. [image] @ashcryptoreal : Covid crash: $1.2 Billion in liquidations FTX crash: $1.6 Billion in liquidations Today: $19.16 Billion in liquidations...
A look at CoreWeave, whose financing strategy involves using GPUs as collateral for large loans, which enabled rapid expansion but resulted in $11.2B in debt
Rashi Shrivastava / Forbes : Bluesky: @rashis Bluesky: Rashi Shrivastava / @rashis : A series of bold bets and calculated risks helped Michael Intrator turn @CoreWeave from a no-name crypto miner int...
Sources and docs: Amazon has increased Prime Video's ad load to 4-6 minutes per hour, up from 2-3.5 minutes per hour when it introduced ads in January 2024
streaming just got a lot worse David Satin / The Streamable : Prime Video has doubled the number of ads it makes viewers watch Ian Carlos Campbell / Engadget : Prime Video reportedly shows almost twic...
Ripple agrees to acquire prime brokerage Hidden Road for $1.25B; Hidden Road plans to use Ripple's RLUSD stablecoin as collateral across its platform
Among other things, the deal is expected to strengthen Ripple's stablecoin ambitions. — What to know:
Coinbase adds bitcoin-backed loans in the US through Morpho, a lending platform on its Base network; borrowers will post collateral and not rely on credit score
Danny Nelson / CoinDesk :