“We wanted to make a bet on corporate adoption of crypto,” said Scalia, who founded Cryptio eight years ago. His gamble now seems to have paid off. “We’ve been seeing more and more activity and more and more clients on the traditional side,” he said.
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Senator Kirsten Gillibrand said Thursday that designating Anthropic as a supply chain risk was "shortsighted, self-destructive, and a gift to our adversaries."
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Oracle called the third quarter of fiscal 2026 its best in 15 years with revenue up 22% to $17.2 billion and cloud infrastructure up 84% to $4.9 billion. The market rejoiced, sending the stock up nearly 10% in after-hours trading, Fortune’s Amanda Gerut reports. But under the hood, the enterprise software giant is blowing through cash. Its free cash flow clocked in at negative $24.7 billion over the trailing 12 months as its capital expenditures rocketed to a guided $50 billion this fiscal year, mostly for AI data centers.