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SpaceX Bets $60 Billion on AI It Couldn’t Build

SpaceX Bets $60 Billion on AI It Couldn’t Build
SpaceX Bets $60 Billion on AI It Couldn’t Build
June 17, 2026  |  Artificial Intelligence

SpaceX completed the biggest initial public offering (IPO) in history this month on a pitch built around rockets and satellites. Days later, it spent $60...

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Lawmakers Want AML Rules to Target Bigger Threats
Lawmakers Want AML Rules to Target Bigger Threats
June 17, 2026  |  Legal & Regulation

Two lawmakers have asked the Financial Crimes Enforcement Network (FinCEN) to ensure that reducing unnecessary compliance burdens and prioritizing high-risk financial crimes in its enforcement...

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Trace Finance Raises $32 Million for Stablecoin Infrastructure Offering
Trace Finance Raises $32 Million for Stablecoin Infrastructure Offering
June 17, 2026  |  Investments

Cross-border payments/stablecoin settlement infrastructure company Trace Finance has raised $32 million in new funding. Get the Full Story Complete the form to unlock this article...

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Karta Raises $140 Million for Credit-Invisible Travelers’ Card
Karta Raises $140 Million for Credit-Invisible Travelers’ Card
June 17, 2026  |  Investments

Travel-focused credit card company Karta has raised $140 million in new funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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CFTC Seeks a Faster Lane for FinTech Partnerships
CFTC Seeks a Faster Lane for FinTech Partnerships
June 17, 2026  |  Legal & Regulation

The Commodity Futures Trading Commission (CFTC) is looking for ways it can make it easier for FinTech firms to partner with federally regulated institutions. Get...

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WeShop Picks Warner Music Veteran to Head Social Commerce Platform
WeShop Picks Warner Music Veteran to Head Social Commerce Platform
June 17, 2026  |  Personnel

Social commerce platform WeShop has picked Warner Music veteran Maria Weaver as its CEO. Get the Full Story Complete the form to unlock this article...

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Connecticut Requires AI Companies to Disclose Subscription Limits
Connecticut Requires AI Companies to Disclose Subscription Limits
June 17, 2026  |  Artificial Intelligence

Connecticut has passed a law requiring artificial intelligence (AI) subscription providers to disclose usage caps, feature restrictions, and any discretion to reduce service quality before...

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CarMax Revenues Climb as CEO Calls for Digital Tune-Up
CarMax Revenues Climb as CEO Calls for Digital Tune-Up
June 17, 2026  |  Earnings

CarMax revenues are up, and CEO Keith Barr said he is focused on improving the company’s digital car shopping experience. Get the Full Story Complete...

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