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- #Over 100 Companies Hold Over 830,000 BTC#
According to reports as of June 19, more than 100 companies collectively hold over 830,000 BTC, worth about $86.476 billion.
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#GateRedBullRacingTour# - 📢 Gate releases its latest Reserve Audit Report!
💰 Total reserves: $10.453B
🟢 Excess reserves: $1.96B — ensuring full coverage and extra security for user assets.
Gate continues to uphold 100% proof-of-reserves and full transparency.
🔗 Read the full report: https://www.gate.com/zh/announcements/article/45617
Meta invests $14.3 billion in Scale AI to strengthen its position in general artificial intelligence.
PANews June 13 news, according to Decrypt, Meta announced the acquisition of a 49% stake in data labeling company Scale AI for $14.3 billion, valuing it at $29 billion, making it the second largest investment in its history. Founder Alexandr Wang will join Meta to lead the newly established "Super Intelligence Lab," focusing on the research and development of artificial general intelligence (AGI). This move highlights Meta's acceleration in catching up with OpenAI and Google's AI strategy. The deal structure allows Scale to operate independently to ease regulatory pressure. This morning's report states that Scale AI has announced a new round of investment from Meta, with a valuation exceeding $29 billion.