Key highlights: IREN has fallen by double digits after reports of Meta wading into the cloud business emerged Other data center operators saw stock declines amid fears of Meta’s cloud business reducing profitability Meanwhile, retail investors in IREN are glum over an $800 stock grant to co-CEOs Australia-based cloud infrastructure provider IREN has seen its […]
Tag: AI
Key highlights: Michael Burry disclosed new short positions against Tesla, Nvidia, among others The investor says AI spending and soaring chip stock valuations could mean the end of the boom Tesla rallied almost 10% before Burry revealed his short position Nvidia still remains one of Burry’s bearish bets Investor Michael Burry has made yet another […]
Key highlights: Venice AI has secured $65 million in a Series A funding round The funding brings the company’s valuation to $1 billion The VVV token surged by about 12% following the news Venice AI, a leading privacy-focused artificial intelligence platform backed by crypto entrepreneur Erik Voorhees, has secured $65 million from a Series A […]