BlackRock Says AI Agents Could Use Stablecoins for Payments
BlackRock sees stablecoins as a potential payment method for AI agents buying data and compute, while the Bitcoin savings thesis rests on simulations.
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BlackRock sees stablecoins as a potential payment method for AI agents buying data and compute, while the Bitcoin savings thesis rests on simulations.
BlackRock has published a research paper arguing that broad AI adoption represents an underappreciated source of demand for digital assets, stablecoins, and blockchain-based payment infrastructure.
French AI startup Mistral AI has closed a €3 billion Series D round at a valuation of approximately $24 billion, the largest equity fundraise by a privately held European technology company.
GoPro has announced a definitive merger with Starman Optical, a private photonics company, marking a strategic expansion into AI data center infrastructure and defense markets.
ElevenLabs has crossed $500 million in annual recurring revenue and added major investors including BlackRock and Nvidia. The funding reflects rising enterprise demand for AI voice agents.
BlackRock says investors are concentrating on bitcoin and ether, while AI is emerging as a more powerful force shaping crypto’s long-term role as infrastructure.
BlackRock CEO Larry Fink warned that the AI boom could deepen wealth inequality unless more individuals gain access to market returns.
As OpenAI nears a $100 billion round and Anthropic closes a $30 billion raise, overlapping investors are challenging traditional venture capital norms around exclusivity and loyalty.
Databricks secures $4 billion in Series L funding at $134B valuation, fueling AI product growth, Lakebase database development, and enterprise AI agent deployment.
Spain’s ACS and BlackRock’s Global Infrastructure Partners have created a €2 billion joint venture to develop a 1.7GW data center portfolio as demand for AI and cloud infrastructure accelerates.