Stripe has finalized a deal to acquire AI startup OpenRouter for more than $7 billion, significantly higher than the $1.3 billion valuation OpenRouter had just three months ago. OpenRouter operates a marketplace offering access to over 400 AI models, helping users avoid vendor lock-in. This acquisition will expand Stripe's business beyond payments into AI infrastructure, reflecting strong investor interest in companies bridging businesses with multiple AI systems. Neither company has confirmed the deal or disclosed terms and timelines yet.
During SpaceX's Q2 2026 earnings call, Elon Musk identified memory as the main bottleneck for AI compute expansion, surpassing power and GPU constraints. He highlighted that memory supply grows 20% annually while demand surges 200%, driving prices up...
Harmony is rolling back its blockchain to two checkpoints from August 11 to undo a forged mint of 2.385 trillion ONE tokens. This recovery will discard over 109,000 regular and 315 staking transactions processed after the checkpoints. The rollback re...
IM Cannabis Corp. has agreed to sell all shares of IMC Holdings to Slil.com Holding Ltd., aiming to improve shareholders' equity by approximately CAD$3 million. The transaction includes a pre-closing reorganization to retain Israeli operations within...
Perpetua Resources announced a $2.9 billion senior secured loan approval from the U.S. EXIM board to fund its Stibnite Gold Project, aiming to develop a major gold and antimony mine in Idaho. The company reported a Q2 2026 net loss of $97.5 million d...
Year-to-date, the iShares MSCI Canada ETF has outperformed the iShares Core S&P 500 ETF with returns of 15.1% versus 13.9%. The Canadian fund's strength is attributed to its focus on financials, materials, and energy sectors, while the US ETF is more...
