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Saylor says share buyback isn’t priority as Strategy builds $4.8 billion cash reserve
Strategy is prioritizing STRC, cash reserves, and its credit business over stock buybacks, Executive Chairman Michael Saylor said Monday.
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Monday assorted links
1. Where do the great American comedians hail from? 2. General thoughts on biosafety. 3. “Violet Hensley Dies at 109; Ozarks Fiddler Made Opry Debut at 99” (NYT). She also handcrafted 73 fiddles, appeared on The Beverly Hillbillies, and considered bluegrass too modern for her. She had nine children as well. 4. Which campaiging politicians…
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Exclusive: Nik Storonsky’s VC firm closes $500m for second fund
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Gravis Robotics hits $1bn valuation with $200m investment from SoftBank
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What should I ask Roman Mars?
Yes I will be doing a Conversation with him. Most of all he is obsessed with design, here is Wikipedia: Roman Mars is an American radio producer. He is the host and producer of 99% Invisible, a KALW radio show and podcast, and a founder of the podcast collective Radiotopia, which he describes as efforts “to broaden the radio landscape [and] make…
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Nutanix: Bookings Strong, Growth Slowing – Hold Into Q4 (Rating Downgrade)
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Compound bets $52 million, new leadership team in switch to institutional focus
The protocol pioneered decentralized finance lending, but assets locked have tumbled from a peak five years ago. Now it’s looking to attract institutions after retail traders lost interest.
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Nvidia backing $105 billion in financing for OpenAI data center in Ohio
Technology giants are shelling out billions to scale capacity to meet massive data center demand.
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Groq Raises $350 Million to Fund AI Inference Goals
Artificial intelligence (AI) inference company Groq has raised $350 million in new funding. The Series A round will help Groq support customers “seeking usage of medium and larger sized clusters of Nvidia accelerated computing for training and inference,” the company said in a news release Monday (Aug. 17). The round was led by tech investment…
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