News linked to this event type.
Odaily News: South Korean enterprise-grade AI data infrastructure company GraphAI has announced the completion of a 17 billion KRW (approximately $12 million) Series A funding round, led by K2 Investment Partners, with participation from A-Ventures and Jiyu Investment, as well as Quad Ventures, Kiwoom Investment, and We Ventures, who previously participated in the Pre-A round. To date, the company's cumulative funding has reached 20.6 billion KRW (approximately $14.7 million).Founded in 2022 by Min-Soo Kim, a professor at KAIST's School of Computing, GraphAI aims to provide next-generation data infrastructure for enterprise AI applications by integrating graph database, vector database, and relational database capabilities. Its Akasic platform offers an integrated solution covering enterprise data connectivity, ingestion, transformation, AI inference, and an intelligent agent (Agentic AI) execution environment. (Thelec)
According to Odaily, data from MSX.COM shows that Strategy (MSTR)'s stock price has fallen below $94, possibly impacted by news that MSCI is considering removing bitcoin treasury companies from its index system.Analysts believe that if MSCI ultimately decides to exclude bitcoin treasury companies from its indices, it could lead to selling pressure from index funds on related companies and affect their capital market valuation logic.Supporters, however, argue that companies like Strategy have formed a unique balance sheet model by holding bitcoin, integrating digital assets into the traditional financial system, and that these companies still possess long-term investment value. The community is currently calling on MSCI to retain Strategy (MSTR)'s eligibility in the relevant indices.
According to Pulse2, AI agent platform Moss announced it has entered the "unicorn club" by completing a €30 million Series C funding round led by Portage and Cherry Ventures. The new funds will support its expansion into a broader Finance AI product system, building AI agent (AI agents) workflows for corporate finance departments. Users can configure AI agents based on different financial functions, retaining visibility and control over the agent's operational steps and decision-making process while tasks are automatically executed.
Odaily News - Baron Capital founder and legendary investor Ron Baron recently made an aggressive prediction about SpaceX's future growth prospects, suggesting that the space company founded by Elon Musk could reach a valuation of $4 trillion within the next 10 to 15 years.Baron has long been bullish on SpaceX, previously stating that the company could achieve a valuation growth of $10 trillion to $30 trillion over the next 10 to 15 years, and has said SpaceX has the opportunity to become one of the largest companies in the world. Baron's optimism is primarily driven by SpaceX's Starlink satellite internet business, reusable rocket technology, and the future space infrastructure market. He believes that as global demand for internet connectivity grows and AI computing needs expand, the space economy could become a new long-term growth frontier. Baron Capital GroupBaron Capital has previously taken a significant position in SpaceX. The firm began investing in SpaceX in 2017 and stated that the investment has generated substantial returns. Baron has previously noted that the SpaceX portfolio has become a major component of his funds, and he expects the company to maintain long-term growth potential even after going public. Baron FundsHowever, market observers point out that SpaceX still faces significant challenges in reaching a multi-trillion-dollar valuation, including the pace of Starlink commercialization, rocket launch costs, the ability to execute new businesses such as space data centers, and execution risks associated with a high valuation. Currently, long-term value expectations surrounding SpaceX are becoming a focal point in capital markets, with supporters arguing that the company is transitioning from a traditional aerospace enterprise into a platform company integrating satellite communications, AI infrastructure, and the space economy. (Thestreet)
According to Red Star News, Moonshot AI Kimi issued a statement on August 14, stating that it has reported acts of false financing using the company's name and suspected illegal criminal activities in the market to the public security organs, and will pursue accountability to the fullest extent. The statement explicitly denied the existence of so-called "Friend Fund", "Special Channel", "Old Share Quota", "Reserved Quota", "Official Agent", or "Authorized Intermediary" during the financing process, reminded investors to be aware of risks, and advised that suspicious transactions can be reported to the company's legal department.
Odaily News, EQT-backed data center operator EdgeConneX Inc. is seeking up to $2.5 billion in power cost guarantee credit facilities from banks to support its global data center expansion plans. EdgeConneX is in talks with several banks, including France's Natixis and Spain's BBVA, on a letter of credit financing arrangement that would help the company lock in electricity supply costs for its data center projects.With the rapid growth of demand for AI training and inference, global data center construction has entered an acceleration phase, and operators are exploring new financing tools to cope with rising electricity procurement costs and infrastructure investment needs.EdgeConneX's bid for bank support reflects that AI infrastructure companies are shifting from traditional real estate and equipment financing models to building new financing structures centered on energy supply, long-term power contracts, and other assets.In recent years, major cloud computing companies and AI infrastructure firms have ramped up data center investments, with power supply becoming a key bottleneck constraining AI computing capacity expansion. Using bank credit support to secure future electricity costs is emerging as a new way for data center operators to obtain expansion capital. (Bloomberg)
Venture capital fund Team8 announced the completion of a $365 million new fund raise to invest in next-generation AI-native enterprise companies, bringing its assets under management close to $2 billion. This round of fundraising includes a $265 million Team8 Capital Fund III, as well as over $100 million in follow-on investment capital, primarily used to increase stakes in its existing portfolio companies with the highest conviction. The new fund will focus on investing in companies at the Seed and Series A stages, covering areas such as cybersecurity, AI infrastructure, and fintech, with a particular focus on infrastructure projects that help enterprises deploy AI while ensuring security, governance, and control capabilities. Team8 has previously invested in multiple crypto and AI companies, including crypto institutional wallet developer Curv, AI compliance platform IVIX, and AI data loss prevention company Jazz, among others.
According to Odaily, CryptoQuant's latest report, "Wall Street, Always On," shows that in July 2026, trading volume for traditional financial stock perpetual contracts on crypto exchanges reached approximately $250 billion, up about 17 times from April. Among them, Gate's related trading volume in July was approximately $15 billion, up about 26 times from April, representing a 308% month-over-month increase, making it the fastest-growing exchange among the platforms covered in the report.The report notes that Gate's perpetual contract trading has maintained steady triple-digit growth for three consecutive months, with May, June, and July seeing month-over-month increases of approximately 131%, 177%, and 308%, respectively, showing an accelerating trend. CryptoQuant stated that compared to the episodic growth seen on some platforms, Gate's sustained growth better reflects the continuous penetration of traditional financial asset trading demand into crypto trading infrastructure, "which makes Gate an exchange worth watching in the crypto-stock race."CryptoQuant indicated that crypto trading platforms are gradually becoming 24/7 trading gateways connecting Crypto and Wall Street, with trading demand from traditional stock markets accelerating its extension into crypto infrastructure. As Gate continues to expand its diversified asset services, including stocks and ETFs, CFDs, Pre-IPOs, direct IPOs, and tokenized securities like gStocks, the platform is further strengthening the connection between traditional financial assets and digital asset trading ecosystems, providing global users with a more flexible and efficient multi-asset trading experience.
Odaily News: The U.S. Securities and Exchange Commission (SEC) has once again postponed its plan for a tokenization "innovation exemption." The framework was intended to allow companies to test blockchain-based tokenized trading of U.S. stocks without meeting full exchange and broker-dealer standards. The delay is tied to unresolved negotiations over Section 10505 of the draft CLARITY Act in the U.S. Senate. That provision stipulates that tokenized securities remain securities and requires the SEC to study custody, consumer protection, cross-border issues, and regulatory coordination. The SEC also postponed a vote scheduled for Friday on a proposed exemption for crypto startup fundraising, citing scheduling issues, with no new date announced. The House version of the CLARITY Act passed in July 2025, and the Senate Banking Committee version advanced by a 15-9 vote in May of this year. A procedural Senate vote is not expected before September 15. (Bitcoin.com News)
According to TechFlow Research, Morgan Stanley's August Q2 earnings report indicated that CoreWeave added 500MW of net active power in a single quarter, exceeding any quarter in history, more than three times year-over-year. Management reaffirmed the target of reaching at least 8GW before 2030. FY26 revenue guidance midpoint was raised 2% to $12.4 billion to $13.2 billion, ARR midpoint was raised 3% to $18.5 billion to $19.5 billion. The company raised full-year capital expenditure guidance midpoint by 12% to $35.5 billion to $39.0 billion, Q3 capital expenditure guidance is $11.5 billion to $13.5 billion, higher than the market expectation of $10 billion. Managed Inference Platform (managed inference platform) ARR grew from $1 million to over $100 million, expected to reach at least $250 million by year-end. The research report judges that Q2 adjusted operating margin was about 8%, higher than expected, but Q3 margin guidance of 5.8% to 7.2% is lower than market expectations, Q4 margin needs to increase significantly to achieve full-year guidance. Morgan Stanley expects CoreWeave FY27 operating margin to be 15.9%, FY28 to be 22.4%, free cash flow to remain negative until 2028, and debt is expected to increase to approximately $38 billion by the end of 2026. Morgan Stanley maintains Equal-weight (in line with the market) rating and $99 price target.
Metaplanet 首席执行官 Simon Gerovich 表示，公司已启动名为 BitBonds 的新债券发行计划，并完成首次发行。此次通过全资子公司 Metaplanet Securities，在日本小额私募制度下发行第 21 至 24 系列无担保普通债券，募资总额约 2 亿日元，规模为试点性质，旨在建立后续债券发行、分销与管理框架。
Odaily Odaily News: Fox Business crypto reporter posted on X platform, stating that according to a source familiar with the matter, the U.S. Securities and Exchange Commission's tokenization innovation exemption will be further delayed, and relevant details will remain undisclosed for now. The source noted that one possible reason is that the tokenization provisions in Section 10505 of the Clarity Act have been under repeated consultation among stakeholders, and any action taken by the SEC through the innovation exemption could affect the compromise plan for those provisions. This means that until the path forward for the Clarity Act becomes clearer, the exemption may remain on hold. The SEC still plans to hold a public meeting at 10 a.m. tomorrow, during which it intends to propose new rules and exemptions for fundraising transactions involving crypto assets, namely Regulation Crypto Assets.
Odaily News: Bitcoin News posted on X platform stating that MSCI has proposed new rules targeting "non-operating companies." According to a simulation conducted by MSCI in May 2026, Strategy would be removed from its global investable market index. Strategy, along with Metaplanet and Yellow Cake, are the three companies listed in the simulated removal from the MSCI ACWI IMI. The proposed methodology would screen companies based on their operating assets, expenses and cash flows, non-operating fair value changes, and the extent to which they rely on accumulated assets raised through financing. The final criterion would directly target Strategy's model of accumulating Bitcoin through issuing equity and debt. The rules have not yet been finalized, with the comment period ending on September 30. MSCI is expected to make a decision by October 16, and related adjustments could be implemented during the November 2026 index review.
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.