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Big Bets On Solana, Half A Trillion For AI, And Accelerating Quantum Computing Access
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SOL Global Raises Fresh Cash For More Solana
SOL Global (CSE: SOL | OTC: SOLCF), one of the few publicly traded companies in North America that is focused on holding Solana directly as an asset, has raised $4 million through a convertible debenture financing round. SOL Global has stated that 75% of the recent round will be used to purchase Solana, adding to their existing 17,683 Solana tokens.
Half A Trillion Dollars Is Coming For American AI
Project Stargate, a new company launched by Oracle (NYSE: ORCL), SoftBank, OpenAI, and MGX, announced plans to inject $500 billion into accelerating artificial intelligence technology in the United States of America. The announcement markets the largest artificial intelligence investment in American history, and will be initially focused on building out large scale data centres.
D-Wave Quantum Wants To Accelerate Quantum Computing Accessibility
D-Wave Quantum (NASDAQ: QBTS) launched a new initiative known as the Leap Quantum LaunchPad which is aiming to rapidly accelerate the deployment of quantum computing applications and technologies. Participants will gain access to D-Wave’s quantum computers which feature 5,000+ qubits.
The Sprint
Rocket Lab USA (NASDAQ: RKLB) entered into a new deal with German satellite company OroraTech to launch their satellites into orbit to monitor potential wildfire risks.
SES AI (NAYSE: SES) secured contracts worth up to $10 million with two major automotive companies to develop new AI-discovered electrolyte materials for batteries.
MicroStrategy (NASDAQ: MSTR) purchased $1.1 billion worth of Bitcoin to hold directly as an asset, adding approximately 11,000 BTC and bringing their new total to 461,000 BTC.
Vertical Aerospace (NYSE: EVTL) raised $90 million in a new equity financing round to advance their electric vertical takeoff and landing vehicle technology.
MP Materials (NYSE: MP) officially began commercial production of neodymium-praseodymium metal at their Independence Facility located in Fort Worth, Texas.
Bitwise has registered a new corporation called Bitwise Dogecoin ETF, and are expected to officially apply for an ETF focused on the popular meme coin soon.
OpenAI officially launched their very first AI agent known as Operator, capable of taking a simple text command and autonomously performing tasks on the internet.
The Markets This Week
+80.1% | NANO Nuclear Energy
+60.5% | Oklo Inc.
+44.0% | Redwire Corporation
+37.7% | TSS, Inc.
+28.2% | Palladyne AI
+26.5% | Rocket Lab USA
+25.3% | Soluna Holdings
Top Trends This Week
+22.5% | Solana Holders
+19.7% | Sam Altman
+18.5% | Nuclear Stocks
+16.0% | Space Stocks
+12.6% | Data Centre Stocks
+11.1% | Smart Glasses
+11.1% | Peter Thiel
+10.6% | Quantum Computing
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