In a landmark development for U.S. financial markets, the Texas Stock Exchange (TXSE) has received formal approval from the U.S. Securities and Exchange Commission (SEC) to operate as a national securities exchange. This approval represents the first fully integrated exchange established in the United States in decades, positioning TXSE to challenge the longstanding duopoly of…
Former OpenAI CTO Mira Murati has emerged from stealth mode with Thinking Machines Lab, securing an unprecedented $2 billion seed round at a $10 billion valuation. The startup’s ambitious mission extends beyond impressive funding figures: creating AI systems that seamlessly integrate with human workflows while making frontier capabilities accessible to researchers and developers worldwide. Breaking…
In a tech landscape continuously reshaped by innovation, Mira Murati’s emergence from stealth with Thinking Machines Lab represents one of the most significant AI developments of 2024. The startup has reportedly secured a massive $2 billion seed round—one of the largest in Silicon Valley history—at a $10 billion valuation, signaling unprecedented investor confidence in Murati’s…
Britain’s economic foundations are showing dangerous cracks. The nation’s net public debt has surged from 35% of GDP in 2005 to 95% today, while the government continues borrowing over 4% of GDP annually. Unlike previous debt spikes driven by financial crises or pandemics, this borrowing occurs during relatively stable times—raising urgent questions about fiscal sustainability…
The cryptocurrency world witnessed a seismic legal victory as UK authorities concluded the largest bitcoin seizure in history, dismantling a fraud operation that spanned continents and devastated over 128,000 victims. Zhimin Qian, a 47-year-old Chinese national, orchestrated this elaborate scheme that culminated in the confiscation of 61,000 bitcoins—worth over £5.5 billion at current valuations—marking an…
Broadcom’s acquisition of VMware has triggered seismic shifts across the IT landscape, with educational institutions and mid-market enterprises bearing the brunt of dramatic pricing changes. The semiconductor giant’s aggressive restructuring of VMware’s licensing model has forced organizations worldwide to fundamentally reassess their virtualization strategies and IT budgets. Educational Institutions Face Budget Crisis The education sector,…