TEHRAN – Iran Mercantile Exchange (IME) expects the value of transactions in its financial markets to approach $20 billion by the end of the current Iranian year (late March), IME chief executive said ... .
Tether CEOPaolo Ardoino scaled back the company's $20 billion funding plan, calling the target a "misconception," while maintaining a $500 billion valuation ... .
TL;DR Tether scaled back a $15,000–$20,000 million funding plan after doubts emerged around a valuation close to $500,000 million. Advisers are now assessing a round of roughly $5,000 million, aligned with the current appetite of the crypto market.
Nvidia set to invest $20B in OpenAI after Sam Altman addresses speculation. Nvidia, the US-based chipmaker, is close to finalising a deal worth of investing roughly $20 billion in OpenAI ... We hope to be a gigantic customer for a very long time ... OpenAI. .
Nvidia Corp ... The contribution is close to being completed, the sources said. The deal is not final, and terms could still change ... Nvidia’s biggest bet yet on OpenAI ... Huang has since denied claims that he was unhappy with OpenAI ... and SoftBank Group Corp.
The rumor mill regarding Nvidia potentially directing up to $20 billion toward OpenAI represents more than just a boardroom handshake. It signals a fundamental shift in how the market values artificial intelligence infrastructure ... monetization ... .
Tether is pulling back from its plans to raise $20 billion as it faces opposition from investors regarding its valuation, reported Financial Times... This stance reflects its financial position ... Valuation under scrutiny ... ....
The $20B crypto flash crash on October 10 last year sparked a fierce public clash between Binance and OKX over risky yield strategies and market manipulation ... .