OpenAI’s structural transformation into a public benefit corporation with Microsoft holding a 27% stake valued at $135 billion marks a pivotal moment in AI commercialization. This strategic shift balances mission preservation with the capital demands of frontier AI development. The partnership’s exc
Modern Treasury, a payments automation platform, has acquired stablecoin startup Beam in a reported $40 million deal. The acquisition combines traditional payment expertise with cryptocurrency infrastructure as fintech companies increasingly embrace stablecoins.
Modern Treasury, a late-stage payments company, has reportedly acquired stablecoin infrastructure startup Beam for approximately $40 million, according to sources familiar with the matter. The deal represents the latest consolidation in the rapidly evolving fintech sector as traditional payment processors expand into cryptocurrency services.
