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Nebius is making a forty billion dollar bet on AI infrastructure, planning to fund the expansion not through traditional equity raises but through customer prepayments and loans. It's an ambitious financing model, though questions are already surfacing after delays at a Microsoft data center cast some doubt on whether that playbook holds under pressure.
Meanwhile, Strategy, the company Michael Saylor built around Bitcoin, reported nearly nineteen and a half billion dollars in profit, yet MSCI is removing it from major stock indexes. The reasoning cuts to a genuinely interesting question: at what point does a company holding a single asset stop qualifying as a business in the traditional sense? That decision could also limit institutional buying of the stock, which would in turn slow Strategy's own Bitcoin accumulation.
And a story making rounds that deserves a careful second look before anyone runs with it: a report claiming Nvidia CEO Jensen Huang has resigned surfaced on Hacker News with a single point and zero comments. The sourcing is thin, the signal is weak, and nothing from credible outlets has confirmed it. When a story like that moves fast, the most useful thing a journalist can do is slow down.
Keep surfing. Tech Beat out.
