US federal debt has surpassed $40 trillion, driven by significant government and corporate borrowing to fund a large-scale AI data center infrastructure expansion. Despite high debt levels, the economy remains strong with a 4.1% unemployment rate in July, supported by substantial capital investment in artificial intelligence. This AI buildout is fueling rapid growth for major tech companies, especially in cloud computing, showing clear returns on AI investments. The trend highlights the transformative economic impact of AI and ongoing tech sector expansion.
Hyperliquid Strategies expanded its equity financing facility with Chardan Capital Markets from $1 billion to $2.5 billion, allowing it to sell more shares over time to fund general corporate purposes, including potential purchases of its native toke...
Tectonic Therapeutic has shown promising Phase 1b data for its TX45 drug targeting pulmonary hypertension in heart failure patients, supported by external Merck trial results. The company’s financial position is strong, with cash to fund operations t...
A joint study by ARK Invest and Glassnode found Bitcoin's mining power is concentrated in three pools surpassing 51% hash rate, but independent miners can switch pools quickly, limiting control. Ethereum requires three staking entities to exceed a 33...
Two Thai businessmen sued Tether in New York, challenging the company's authority to freeze about $42.4 million USDT in October 2025 without a court warrant. The freeze followed an informal request from Homeland Security Investigations amid a broader...
Dogwood Therapeutics, a clinical-stage biotech company, highlighted progress on Halneuron, a NaV1.7 inhibitor aimed at treating chemotherapy-induced neuropathic pain. The company also announced plans to start clinical trials for SP16, an LRP1 agonist...
