Bank of America will no longer participate in the potential IPO underwriting arrangements for Moonshot AI, and Goldman Sachs will continue to serve as the sponsor. Moonshot AI plans to go public in Hong Kong as early as the first quarter of 2027, with a financing scale of up to $5 billion. Goldman Sachs will serve as the listing sponsor together with CICC and Deutsche Bank. (Source: Bloomberg)
Liquid Capital founder Yi Lihua posted a reminder on X platform that there have been scammers impersonating members of the Liquid Capital team recently, and he hopes that users can carefully identify the information.
CoreWeave, an AI cloud service provider supported by NVIDIA, is seeking insurance funds to reduce the financing costs of AI infrastructure. CoreWeave co-founder Branning McBee stated that the company plans to enter the insurance funding market by upgrading its credit rating. CoreWeave has received $8.5 billion in loans this year and has raised over $35 billion through various means, with a debt and lease obligation scale of approximately $52 billion as of the end of June. (Source: Financial Times)
John Williams, the President of the New York Federal Reserve, stated that there is no need to raise interest rates in 2027 as the US dollar weakens and Asian markets rise in sync. Bitcoin rose 1.5% to nearly $83900, Zcash rose nearly 7%, Solana and Dogecoin both rose 2.5%, and Ether rose 2%. The US inflation report released on Thursday will affect whether the Federal Reserve will raise interest rates again this year and whether Bitcoin can retest $85000.