⚡️ JUST IN: OpenAI is nearing a $10B raise from investors including MGX, Coatue, and Thrive, valuing the company at around $730B and bringing its latest funding round to roughly $120B.
🇸🇬JUST IN: Ripple joins Singapore's Monetary Authority BLOOM initiative, partnering with Unloq to pilot cross-border trade settlements using XRP Ledger and RLUSD stablecoin.
🇺🇸 UPDATE: A Trump-backed proposal to allow crypto and private equity in $12T 401k plans has cleared White House review, with a Labor Department rule expected soon.
🇺🇸 UPDATE: Donald Trump says his meeting with Xi Jinping has been rescheduled for May 14–15 in Beijing, with a reciprocal visit to Washington planned later this year.
🇺🇸 NEW: Donald Trump appoints tech leaders including Sergey Brin, Mark Zuckerberg, and Jensen Huang to the President’s Council of Advisors on Science and Technology, co-chaired by David Sacks and Michael Kratsios.