Category: Business

Total 446 Posts

Bitcoin miner Core Scientific rejects $1 Billion buyout offer from CoreWeave, 5 months after emerging from Bankruptcy

In a dramatic turn of events, Bitcoin miner Core Scientific has rejected an “unsolicited” $1 billion buyout offer from Nvidia-backed specialized cloud provider CoreWeave. The all-cash offer came in just five months after the company emerged from Chapter 11 bankruptcy. Core Scientific said the all-cash offer significantly undervalues the company’s

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Nvidia hits $3.01 trillion market cap, surpasses Apple to become the second most valuable company in the world

Nvidia has become the world’s second most valuable company. The chipmaking giant’s market capitalization reached a staggering $3.01 trillion on Wednesday afternoon, surpassing Apple’s $3 trillion mark and making it the first chip firm to hit $3 trillion in market cap. The remarkable feat underscores the growing influence and demand

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Galaxis Gears up for Token Launch: Announces $1,000,000 Creator and Community Member Grants & Bybit IDO

Zurich, Switzerland, May 06th, 2024, Chainwire   Galaxis is preparing for this month’s token launch on Bybit, with the first phase commencing through the IDO. To further enhance this launch, Galaxis has announced a substantial $1,000,000 Community Creator and Community Member Grant Program. This initiative incentivizes both community creators and

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