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Nvidia Favors $30 Billion OpenAI Investment, Retreating From Prior $100 Billion Commitment
Nvidia Favors $30 Billion OpenAI Investment, Retreating From Prior $100 Billion Commitment
Update (Friday):
Bloomberg reported earlier this week that OpenAI is nearing completion of a new funding round that could raise more than $100 billion. Separately, the Financial Times reported on Thursday that Nvidia is close to finalizing an investment of about $30 billion in OpenAI, a significantly smaller amount than the $100 billion commitment agreed upon last year.
FT cited people familiar with the funding round who said the "final stages" have begun and that Nvidia's $30 billion equity...
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Feb 22, 2026 / Tyler Durden
Shotgun-Wielding Man Killed By Law Enforcement After Breaching Mar-a-Lago's Security Perimeter
Shotgun-Wielding Man Killed By Law Enforcement After Breaching Mar-a-Lago's Security Perimeter
U.S. Secret Service spokesman Anthony Guglielmi reported on X that a young male was shot and killed after breaching the security perimeter at Mar-a-Lago in Palm Beach, the private resort owned by President Donald Trump.
Guglielmi said the incident unfolded around 1:30 a.m. ET, when the man, in his early 20s, was shot by Secret Service agents following an unauthorized entry into the secure perimeter at Mar-a-Lago.
"The individual was observed by the north gate of the Mar-a-Lago property carrying...
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Mar 17, 2026 / Tyler Durden
Will The Iran War Trigger A Dollar Crisis?
Will The Iran War Trigger A Dollar Crisis?
The oil spike has moderated and markets are mellow for the time being, but could the long-term economic consequences of this war just be getting started?
U.S. allies have shown a lackluster response after President Trump’s request for assistance in reopening the Strait of Hormuz — a corridor carrying roughly 20% of global oil supply — and this may spell a trend of what’s to come. What happens when oil-producing Gulf states have had enough of our/Israel’s foreign policy machinations and, as a...
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Feb 20, 2026 / Tyler Durden
"We Saw It. We Passed": Blue Owl Fails To Secure Third Party Funding For $4 Billion Data Center
"We Saw It. We Passed": Blue Owl Fails To Secure Third Party Funding For $4 Billion Data Center
As we discussed extensively yesterday, Blue Owl already has huge headaches with its software exposure, being forced to dump a substantial amount of its SaaS-linked loans (to related parties among others) as it gates retail investors in its private credit fund amid a tsunami of redemption requests. We now learn that the massive private credit asset manager is also facing major hardware challenges too.
According to Insider, Blue Owl - which is also...
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