The joint venture also aligns with SoftBank and OpenAI’s involvement in the Stargate project, an ambitious AI infrastructure initiative in the U.S., backed by Oracle and reportedly supported by former President Donald Trump.
The joint venture also aligns with SoftBank and OpenAI’s involvement in the Stargate project, an ambitious AI infrastructure initiative in the U.S., backed by Oracle and reportedly supported by former President Donald Trump.
MicroStrategy, the business intelligence firm turned Bitcoin treasury company, has temporarily halted its Bitcoin acquisitions after a 12-week streak of continuous purchases. The company’s co-founder and chairman, Michael Saylor, announced
The review also coincides with the introduction of new tax policies targeting undisclosed crypto gains. Starting February 1, 2025, profits from crypto investments will be taxed under Section 158B of the Income Tax Act, typically reserved for assets like money, jewelry, and bullion.
Backed by a $10 million grant from Somnia, the accelerator will be led by Uprising Labs and provide game studios with mentorship, funding opportunities, and technical resources.
Finance Minister Nirmala Sitharaman proposed an amendment to the Income Tax Act. The amendment would require a designated reporting entity to disclose transaction details related to virtual digital assets (VDAs).