Fermi Inc. has dismissed its own lawsuit challenging the validity of a 70% supermajority bylaw after a Texas court ordered the company to provide documents and testimony explaining the bylaw's rationale. The move follows the company's attempt to block a special shareholder meeting and subsequent legal defeats. Toby Neugebauer, Fermi's largest shareholder, criticized the board's actions as attempts to entrench power and avoid scrutiny. He vows to continue challenging the bylaw and seeks full discovery to ensure shareholder interests are protected, emphasizing the importance of good governance for the company's future and financing. Proxy advisory firms recommend shareholders support a special meeting to address these issues.
Bitget Wallet has partnered with Robinhood Crypto to integrate Robinhood Chain, an Ethereum Layer 2 network for tokenized real-world assets. This allows Bitget's 90 million users to trade over 90 stock tokens, including major companies like NVIDIA, G...
In the first half of 2026, cybersecurity mergers and acquisitions reached a record 219 deals totaling $9.1 billion, driven by growing enterprise consolidation and the maturation of AI security companies. The market saw a landmark $4.175 billion acqui...
Applied Digital has completed Phase 1 of its second building at Polaris Forge 1, adding 75 MW of AI operational capacity and bringing the campus total to 175 MW. This on-time delivery highlights the company's efficient execution model and ability to ...
VSORA, a French semiconductor company, has strengthened its funding round with Ardian leading the investment to support the commercial launch of its AI inference processor, Jotunn8. This funding validates VSORA's advanced technology and positions it ...
Bitcoin and Ethereum prices rose by 2.34% and 2.63% respectively, reflecting positive momentum in the crypto market. Other notable cryptocurrencies such as Solana, Cardano, and Bitcoin Cash also posted significant gains, indicating a broad-based reco...
