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A Mega New AI Chip Deal, Binance Coin Hits Wall Street, And Next Generation Modular Data Centres

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July 29, 2025

Tesla and Samsung Partner On AI Chips for Robots and EVs

Tesla (NASDAQ: TSLA) struck a new deal with Samsung in which Samsung will manufacture $16.5 billion of new artificial intelligence chips that Tesla will use for both autonomous vehicles and to begin commercial production of their humanoid robot known as Optimus.

A Big New Binance Coin Deal Hits Wall Street

CEA Industries (NASDAQ: VAPE) announced a new $500 million equity financing round for the sole purpose of accumulating Binance Coin in a deal being led by Binance founder Changpeng Zhao’s family office YZi Labs. Multiple prominent digital asset venture capital funds participated in the new funding round, including 10X Capital, Pantera Capital, Arrington Capital and Three Point Capital.

The New Modular Data Centres Backed By Founders Fund and Lux Capital

Edge infrastructure company Armada raised $131 million in a strategic financing round that included Peter Thiel’s Founders Fund and Lux Capital. Armada has developed a modular data centre known as Leviathan which is purpose built for megawatt scale and can be deployed in remote environments to power high performance computing.

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