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Tue Oct 27crypto

Ripple gets final OCC nod for trust bank

The bank will manage reserves for the roughly $2.5B RLUSD stablecoin, which Ripple's New York trust company still issues, so RLUSD now has state and federal oversight.

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Tue Oct 27ai-tech

Nvidia to invest $3B in Meta stock offering

Nvidia will take $3 billion of the shares Meta began offering Monday for AI buildout, and Meta will add more Vera Rubin systems, tying the chipmaker closer to a top customer.

Tue Oct 27ai-tech

OpenAI cuts API prices 50% with GPT-6.1 Terra

The mid-tier model, aimed at computer use and office tasks, is rolling out to paid ChatGPT Work and Codex users and developers at half GPT-5.6 Terra's standard API rates.

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