Thursday, July 24, 2025
  • Login
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS
CRYPTO MARKETCAP
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS
No Result
View All Result
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse
No Result
View All Result

xAI Raises 10 Billion While Battling Trump Over Subsidies

by SB Crypto Guru News
July 1, 2025
in Altcoin
Reading Time: 3 mins read
0 0
A A
0


Enjoyed this article?

Share it with your friends!

Elon Musk’s artificial intelligence (AI) company, xAI, has raised $10 billion in funding.

The money was split between debt and equity, with several large investors competing to take part in the deal, according to a July 1 report by CNBC.

A major focus for this new funding will be the expansion of xAI’s Colossus supercomputer in Memphis, which is used to train Grok and other AI tools.

How to Use Crypto? 5 Rewarding Strategies Explained (Animated)

Did you know?

Want to get smarter & wealthier with crypto?

Subscribe – We publish new crypto explainer videos every week!

How to Use Crypto? 5 Rewarding Strategies Explained (Animated)

How to Use Crypto? 5 Rewarding Strategies Explained (Animated)
How to Use Crypto? 5 Rewarding Strategies Explained (Animated)

The fundraising round was reportedly oversubscribed, which shows interest in Musk’s plan to compete with companies like OpenAI.

While the business side of xAI is gaining momentum, Musk is once again clashing with US President Donald Trump. On July 1, the president posted a message on Truth Social accusing Musk of benefiting too much from government support.

President Trump suggested that Musk’s companies, SpaceX, Tesla, and others, should face scrutiny from a new federal department called the Department of Government Efficiency (DOGE). He claimed that halting their projects could save the country a large amount of money.

Musk responded, “I am literally saying CUT IT ALL. Now”. He tried to make it clear that he does not rely on federal aid and supports reducing government spending entirely.

Meanwhile, Senator Cynthia Lummis recently introduced an amendment to Trump’s spending bill aimed at helping crypto users. What is it? Read the full story.

Aaron S. Editor-In-Chief

Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.




Source link

Tags: BattlingBillionBitcoin NewsCrypto NewsCrypto UpdatesLatest News on CryptoraisesSB Crypto Guru NewsSubsidiesTrumpXAI
Previous Post

Crypto Hacks Surge in H1 2025, Surpassing 2024 Losses as CertiK Logs $184M in Recoveries

Next Post

XRP, Solana, LTC ETF Approval Odds Raised To 95% By Bloomberg

Related Posts

Pantera Capital Says Tipping Point for Tokenization Likely Approaching As Sector ‘Mirrors the Early Days of ETFs’

Pantera Capital Says Tipping Point for Tokenization Likely Approaching As Sector ‘Mirrors the Early Days of ETFs’

by SB Crypto Guru News
July 23, 2025
0

Crypto investment giant Pantera Capital says there is a “great on-chain migration” underway as tokenization moves from a concept to...

Court Error Seals 0K Crypto Scam Tied to Trump, MoonPay

Court Error Seals $250K Crypto Scam Tied to Trump, MoonPay

by SB Crypto Guru News
July 23, 2025
0

Enjoyed this article? Share it with your friends! A federal fraud case involving a cryptocurrency scam, and connected to figures...

Invincible GG Launches $IGGT to Power Its Gaming Platform

Invincible GG Launches $IGGT to Power Its Gaming Platform

by SB Crypto Guru News
July 23, 2025
0

Enjoyed this article? Share it with your friends! Bethesda, Maryland — July 21, 2025Invincible GG, an AI-first gaming studio developing...

Analyst Predicts Rallies for XRP, ADA, DOGE and Two Additional Altcoins Amid ,500,000,000 Capital Inflows Into Crypto

Analyst Predicts Rallies for XRP, ADA, DOGE and Two Additional Altcoins Amid $74,500,000,000 Capital Inflows Into Crypto

by SB Crypto Guru News
July 23, 2025
0

A widely followed analyst believes that five altcoins are poised for more rallies as tens of billions of dollars in...

Trader Says One Dogecoin Competitor Primed for New Leg Up, Predicts New All-Time Highs for Bitcoin

Trader Says One Dogecoin Competitor Primed for New Leg Up, Predicts New All-Time Highs for Bitcoin

by SB Crypto Guru News
July 22, 2025
0

A widely followed crypto analyst says that one Dogecoin (DOGE) competitor may be on the verge of an explosive breakout....

Load More
Next Post
XRP, Solana, LTC ETF Approval Odds Raised To 95% By Bloomberg

XRP, Solana, LTC ETF Approval Odds Raised To 95% By Bloomberg

New York Man Accused of Converting .7M Into Bitcoin

New York Man Accused of Converting $1.7M Into Bitcoin

Facebook Twitter LinkedIn Tumblr RSS

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • Mining
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Web3

SITE MAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - SB Crypto Guru News.
SB Crypto Guru News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS

Copyright © 2022 - SB Crypto Guru News.
SB Crypto Guru News is not responsible for the content of external sites.