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$800M Rejected: FuriosaAI Strikes Bold Deal with LG
Elevate Insights
July 28, 2025
"Shoot for the moon. Even if you miss, you'll land among the stars."
Happy Monday everyone! FuriosaAI, a rising Korean AI chip startup, made headlines after rejecting an $800 million buyout from Meta to strike a high-impact partnership with LG instead. More on this later in the Weekly Topic!
PCU (1994)
In other news, Federal Reserve holding steady with the decision to not cut interest rates. London Stock Exchange may launch 24/7 trading. The US and Japan landed a trade deal. Volkswagen downgraded its profit forecast after tariffs hit.
⤵️ In this week’s insight:
Weekly Highlights
The Infinite Money Glitch Breaking The Stock Market
Digital Tool of the Week
Online platform for video, audio, PDF conversions.
Weekly Topic
$800M Rejected: FuriosaAI Strikes Bold Deal with LG
🔎 Weekly Highlights
This week’s highlight is from Hamish Hodder
▼ Summary
Jane Street Capital capitalized on India's trading boom, achieving significant profits through aggressive and controversial trading strategies, including market manipulation, which eventually led to their ban by regulators.
Despite India's derivatives market growth, most individual traders suffered substantial losses, with studies revealing that 90% lost money, averaging losses equal to half an annual salary.
Jane Street's manipulative tactics included strategic trading of options and stocks, driving the Nifty Bank index movements while generating massive profits, ultimately resulting in scrutiny and a major market manipulation scandal.
💸 Assets & Commodities
📬 Weekly Trivia
The Simpsons - How the Test Was Won [S20E11]
Q. What major tech company did FuriosaAI turn down a buyout offer from
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