BlackRock, the world’s largest asset manager, has launched its first Bitcoin product in Europe, a move that industry experts say will help legitimise cryptocurrencies in mainstream finance. “Thi [...]
Meta has folded its half-built El Paso data centre into a joint venture with BlackRock, formalising a structure that keeps most of a $14bn project off its own books. Under the agreement, funds managed [...]
In a few short days, jury selection will begin in the long-awaited Musk v. Altman case. At the end of that process, an Oakland federal court will task nine regular people with deciding if OpenAI defra [...]
BlackRock wants to run the money behind stablecoins. The world’s largest asset manager has launched two tokenised money market funds built to serve as reserves for stablecoin issuers, deepening its [...]
Cerebras Systems, the Silicon Valley chipmaker that built the world's largest commercial AI processor, erupted onto the Nasdaq on Wednesday, opening at $350 per share — nearly double its $185 I [...]
BlackRock submitted an order to buy at least $5 billion in SpaceX shares ahead of Friday’s debut, the Wall Street Journal reported. That single order is nearly as large as the entire $5.5 billion Ce [...]
Behavox has raised $175 million in preferred equity from HPS Investment Partners, the private credit firm that BlackRock acquired for $12 billion last year. The funding will go toward expanding Beha [...]