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Analysis: Oracle has moved $66B of debt for building AI data centers off its balance sheet using SPVs; Meta has moved $30B, xAI moved $20B, and CoreWeave $2.6B (Tabby Kinder/Financial Times)

Tabby Kinder / Financial Times : Analysis: Oracle has moved $66B of debt for building AI data centers off its balance sheet using SPVs; M...

26 October 2023

JPMorgan's Global Head of Payments says its blockchain-based JMP Coin now handles $1B in transactions per day and the bank plans to continue to widen its usage (Suvashree Ghosh/Bloomberg)

Suvashree Ghosh / Bloomberg:
JPMorgan's Global Head of Payments says its blockchain-based JMP Coin now handles $1B in transactions per day and the bank plans to continue to widen its usage  —  - JPM Coin allows blockchain-based payments by wholesale clients  — Token is a rare instance of live blockchain use by a big bank

Posted from: this blog via Microsoft Power Automate.

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