Enterprise AI’s Upheaval Drives Crypto’s Push into Private Markets
- C3 AI faces potential sale after founder Thomas Siebel's health-related CEO exit triggered a 6% stock surge. - The company reported $116.8M Q1 losses and 54% share price decline, now exploring private capital raises under new CEO Stephen Ehikian. - IPO Genie's $0.0012 presale token aims to bridge crypto and private markets using AI-driven deal-screening, attracting 300,000+ participants. - With $500M in regulated assets and CertiK-audited security, IPO Genie contrasts C3 AI's struggles by targeting 750×
C3 AI (AI), a provider of enterprise artificial intelligence software, is reportedly considering a possible sale following the resignation of founder Thomas Siebel as CEO due to health concerns, which led to a 6% jump in its share price, as reported by a
This leadership change comes as Siebel transitions to executive chairman, citing an autoimmune condition that has caused "significant visual impairment." Siebel, who previously established Siebel Systems—later acquired by Oracle for $5.85 billion in 2005—has left
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Japan Unveils $110B Stimulus: Major Shift from Fiscal Restraint to Economic Expansion and National Security
- Japan's PM Sanae Takaichi unveils $110B stimulus to combat stagnation and bolster security amid China tensions. - Plan includes tax cuts, utility subsidies, defense spending, and strategic investments in AI, semiconductors , and shipbuilding. - Funded by 14-trillion-yen supplementary budget, with potential expansion to 20-trillion-yen ($133B) as per analyst estimates. - Shift from austerity reflects Takaichi's hardline security stance and response to China's travel advisory over Taiwan remarks. - Impleme
Bitcoin News Update: Bitcoin Reaches $96K Amidst Institutional Interest and Challenges from Regulations and Price Barriers
- Bitcoin surged past $96,000 as buyer accumulation and seller exhaustion drove short-term recovery, though $106,000–$118,000 remains a key resistance zone. - Harvard’s $443M investment in BlackRock’s IBIT highlights growing institutional adoption, contrasting traditional preferences for private equity. - Bitcoin Depot reported 20% Q3 revenue growth but faces regulatory challenges, expanding internationally while projecting Q4 declines due to compliance costs. - MicroStrategy’s Michael Saylor denied Bitcoi
Bitcoin News Today: Bitcoin Faces $62K Drop Threat Amid Fed's Data Silence Predicament
- Bitcoin faces $62K crash risk amid Fed uncertainty caused by U.S. government shutdown's "data blackout" disrupting inflation/labor data. - Post-Nov 13 reopening saw BTC rebound above $102K, but markets remain fragile with 20% decline from October peak despite $140B ETF growth. - Fed rate cut odds dropped to 52% for December, creating volatility as institutions like Harvard Endowment invest $443M in Bitcoin ETFs. - U.S. miners struggle with 37.75% global hashrate share amid lack of federal incentives, con
Bitcoin Updates Now: Crypto Faces a Standstill as Market Anxiety Meets Harvard’s Confident Bitcoin Investment
- Alternative Data's Fear & Greed Index hit record low 10 on Nov 16, signaling extreme crypto market fear and frozen investor sentiment. - Bitcoin fell 5% to $96,000 while CD20 lost 5.8% as profit-taking, liquidations, and liquidity declines accelerated selloffs. - Rising U.S. Treasury yields and central bank uncertainty worsened losses, with Nansen noting "perfect storm" of macro risks and institutional outflows. - Harvard's $443M IBIT ETF investment contrasts current bearishness, highlighting diverging i
Trending news
MoreCrypto prices
More
