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OpenAI’s Revenue Hits $4.3bn in First Half of 2025, But Cash Burn Remains Heavy
OpenAI generated about $4.3 billion in revenue in the first half of 2025, according to financial disclosures to shareholders reviewed by The Information. The...
Tekedia Capital Joins Paul Graham, Others To Seed Nozomio with $6.2m
Tekedia Capital joins Paul Graham (a founder of YCombinator), executives in OpenAI, and other global investors to seed Nozomio, with $6.2 million, under the...
China Expands Freeze on BHP Iron Ore Purchases, Escalating Tensions in Global Commodities Trade
China’s state-backed iron ore buyer has instructed the country’s top steelmakers and traders to temporarily halt all purchases of dollar-denominated seaborne iron ore cargoes...
Crypto ETFs Surge with Record Inflows Amid Regulatory Green Light for Altcoin Launches
The cryptocurrency market is experiencing a notable resurgence, driven by massive institutional interest in spot Bitcoin and Ethereum exchange-traded funds (ETFs).
On September 29, 2025,...
Binance Launches Crypto-As-A-Service (CaaS) Bridging TradFi and Crypto
Binance, the world's largest cryptocurrency exchange by trading volume, announced the launch of Crypto-as-a-Service (CaaS), a white-label infrastructure solution aimed at enabling traditional financial...