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How to Thrive During a Crypto Winter

Animoca Brands is defying all odds. This summer, the Hong Kong-based web3 conglomerate and investment powerhouse raised hundreds of millions of dollars even though crypto prices and NFT transactions are dropping. With hundreds of active investments in popular web3 companies like OpenSea, Dapper Labs and Axie Infinity, as well as its own gaming hits like…

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Animoca Brands is defying all odds. This summer, the Hong Kong-based web3 conglomerate and investment powerhouse raised hundreds of millions of dollars even though crypto prices and NFT transactions are dropping. With hundreds of active investments in popular web3 companies like OpenSea, Dapper Labs and Axie Infinity, as well as its own gaming hits like The Sandbox and Revv Racing, Animoca Brands seems ready to double down and raise the stakes.

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4 Comments

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Bloomberg’s Ed Ludlow discusses the latest announcement made by President Donald Trump, which will see Apple and Intel joining forces to produce chips domestically, sending shares of the chipmaker higher. Plus, Anduril’s CEO discusses how the company won a contract with the US Air Force to produce autonomous fighters. And, SpaceX wraps up its first full week of trading, with shares falling for a second day straight.

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Rumble Bets on AI Compute Demand With New AI Platform

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Video platform Rumble is jumping on the AI bandwagon with its newest AI platform. Launching as Quake AI, the new sector combines cloud, compute, and AI infrastructure, and is slated to dominate the company’s business segment. Rumble CEO Chris Pavlovski joins Ed Ludlow on “Bloomberg Tech” with more on the pivot.
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