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Circle Gets $400 Million Funding From BlackRock, Fidelity

Circle CEO Jeremy Allaire joins Caroline Hyde and Bloomberg’s Sonali Basak after they landed $400 million in funding from a group of institutional investors including BlackRock and Fidelity. He also talks about why and how they want to operate as a bank in the U.S. even as regulators make it more difficult for crypto companies…

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Circle CEO Jeremy Allaire joins Caroline Hyde and Bloomberg’s Sonali Basak after they landed $400 million in funding from a group of institutional investors including BlackRock and Fidelity. He also talks about why and how they want to operate as a bank in the U.S. even as regulators make it more difficult for crypto companies to secure this kind of license.

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3 Comments

3 Comments

  1. Notorious Juice

    April 14, 2022 at 12:26 am

    Who is Jermey?

  2. John Smith

    April 14, 2022 at 1:02 am

    You’ve finally done it Jeremy. Now to buy that yacht you’ve always wanted.

  3. jayden orr

    April 14, 2022 at 1:24 am

    bullish on hedera and algorand then

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Bloomberg Technology

Xiaomi’s Electric Supercar Threatens Porsche, Europe Models

Hurtling around a race track outside Beijing, Xiaomi’s SU7 Ultra is as disconcerting as it’s quick. The company is preparing its expansion abroad, where it could pose a threat in the EV market. ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde…

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Hurtling around a race track outside Beijing, Xiaomi’s SU7 Ultra is as disconcerting as it’s quick. The company is preparing its expansion abroad, where it could pose a threat in the EV market.
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Bloomberg Technology

Tesla Boosts Spending Plan to $25 Billion in AI, Robotics Push

Tesla anticipates billions of dollars in additional spending this year to support Elon Musk’s ambitions to transform the electric-vehicle pioneer into an AI and robotics company. Ed Ludlow reports. ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here:…

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Tesla anticipates billions of dollars in additional spending this year to support Elon Musk’s ambitions to transform the electric-vehicle pioneer into an AI and robotics company. Ed Ludlow reports.
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China’s DeepSeek Unveils New Model a Year After Shock Launch

China’s DeepSeek is back with a brand new flagship AI model, a year after its open source model upended Silicon Valley. Tom Mackenzie explains. ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here:   Get the latest in…

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China’s DeepSeek is back with a brand new flagship AI model, a year after its open source model upended Silicon Valley. Tom Mackenzie explains.
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