Solmate to Buy RockawayX in All-Stock Deal to Build $2B Institutional Solana Giant

Abu Dhabi-focused Solana infrastructure firm Solmate (SLMT) has signed a non-binding term sheet to acquire digital asset firm RockawayX in an all-stock deal that would create an institutional crypto group with more than $2 billion in assets and third-party stake. The combined company would fold RockawayX’s infrastructure, liquidity and asset management units into Solmate, which…

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While OpenAI races to build AI data centers, Nadella reminds us that Microsoft already has them

Microsoft CEO Satya Nadella on Thursday tweeted a video of his company’s first deployed massive AI system — or AI “factory” as Nvidia likes to call them. He promised this is the “first of many” such Nvidia AI factories that will be deployed across Microsoft Azure’s global data centers to run OpenAI workloads. Each system…

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