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OpenAI aims for a trillion-dollar IPO, possibly going public as early as the end of 2026?
OpenAI aims for a trillion-dollar IPO, possibly going public as early as the end of 2026?

OpenAI is reportedly preparing for an IPO as early as the end of 2026, with a potential valuation of up to 1 trillion dollars. The minimum fundraising target under consideration is 60 billion dollars, and the actual amount may be even higher.

Jin10·2025/10/30 15:38
KRWQ Emerges as a Pioneer in Stablecoin Innovation
KRWQ Emerges as a Pioneer in Stablecoin Innovation

In Brief IQ and Frax launched KRWQ, a stablecoin pegged to the South Korean won. The multi-blockchain KRWQ aims to fill gaps in the current stablecoin market. South Korea's regulatory stance still prevents local access to KRWQ.

Cointurk·2025/10/30 14:31
Flash
  • 21:48
    Google plans to invest $40 billion to build three new data centers in Texas
    Jinse Finance reported that Google plans to invest $40 billion in Texas to build three new data centers, expanding its presence as competitors such as OpenAI and Anthropic PBC advance multi-billion dollar investment plans in the state. Google stated in a press release on Friday that this investment will continue through 2027. One data center will be located in Armstrong County, Texas, and the other two will be in Haskell County. One of the facilities in Haskell will be co-located with a newly built solar and battery storage facility to reduce the impact on the power grid. "This investment will create thousands of jobs, provide skills training for college students and electrician apprentices, and accelerate energy affordability initiatives across Texas," said Alphabet CEO Sundar Pichai at an event near Dallas, where the company already has two data centers.
  • 21:39
    The three major U.S. stock indexes closed mixed.
    Jinse Finance reported that the three major U.S. stock indexes closed mixed, with the Dow Jones Index down 0.65%, the S&P 500 Index down 0.05%, and the Nasdaq Composite Index up 0.13%. Technology stocks showed mixed performance: Oracle rose over 2%, Microsoft and Nvidia both rose over 1%, Netflix fell over 3%, and Intel and Amazon both fell over 1%.
  • 21:10
    The US Dollar Index rose by 0.14% on the 14th.
    Jinse Finance reported that the US Dollar Index rose by 0.14% on the 14th, closing at 99.298 in the foreign exchange market.
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