BullishMEDIUM severityTech & AI2h ago

Billionaire Coinbase CEO Brian Armstrong says most charities are ‘net negative’—and that he has no plans to make his own foundation

Reported by Fortune · fortune.com ·

The crypto billionaire says he has a donor-advised fund but no plans to start a foundation, joining Elon Musk in casting doubt on traditional giving.

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What to watch: AI infrastructure spend continues to concentrate in compute, memory, and power equipment.

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