February, 2025

February, 2025

Microsoft Refutes Reports of AI Infrastructure Pullback
Microsoft reportedly still plans to earmark $80 billion for capital expenditures, despite reports suggesting otherwise. As CNBC reported Monday (Feb. 24), the tech giant says its spending plan is s...

Bybit ‘Back to 100%’ After Historic $1.5 Billion Hack
Cryptocurrency exchange Bybit says it has replenished its reserve following a record-breaking $1.5 billion hack. The company announced Monday (Feb. 24) that it had conducted a fresh audit and rest...

Monument Bank Weighs $253 Million Fundraise Before IPO
Before it goes public, the United Kingdom’s Monument Bank is reportedly in talks to raise money. The challenger bank is looking to raise 200 million pounds (about $253 million) in private funding be...

Alibaba Places $52 Billion Price Tag on AI Plans
Last week, Chinese tech conglomerate Alibaba announced a major uptick in AI spending. Now, the company has put a price tag on the effort, according to a Monday (Feb. 24) report by Reuters: at leas...

Rezolve Ai Announces $1 Billion Bitcoin Reserve to Support Crypto Payments Platform
Artificial intelligence (AI) commerce solutions company Rezolve Ai is rolling out a $1 billion bitcoin treasury, a move the company says will support the launch of its cryptocurrency payments platform...

Regulations at the Crossroads: Quieter Week in Washington Gives Way to High-Stakes Decisions
It wasn’t quite a manic Monday this week. But don’t bet on that relative calm to continue. While the past week in Washington lacked the frenetic pace of recent months, the coming days could set th...

JPMorgan Spending Additional $50 Billion on Private Credit Effort
JPMorgan Chase is reportedly earmarking another $50 billion for its direct lending efforts. It’s part of an effort by the banking titan to gain a greater foothold in the fast-growing private credit...

MongoDB Acquires Voyage AI to Combat Hallucinations
Database company MongoDB acquired artificial intelligence firm Voyage AI. The deal — worth $220 million, according to a Monday (Feb. 24) Bloomberg report — is designed to help MongoDB’s customer...

Octopus Launches Private Debt Offering to Meet Institutional Investor Needs
Octopus has announced it is launching a private debt offering, as it looks to meet the needs of institutional investors by unlocking private capital to solve the world’s challenges. The offering wil...

Mastercard One Credential Solution to Enable Consumers with Single Credential and Multiple Ways to Pay
Mastercard (NYSE: MA) noted that today’s consumers are at the forefront of embracing technologies that offer streamlined and intuitive experiences. Gen Z, the generation spanning teenagers to those ...

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B&T Television

February