
Adnoc Drilling CFO Sees $500 Million of Acquisitions This Year
Two of the deals will be for businesses developing artificial intelligence applications, Adnoc Drilling Co. Chief Financial Officer Youssef Salem said in an interview. The third will be a purchase of drilling rigs as the company expands in the Middle East.
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$10 Million For A Synthetic Dollar: What's Behind Trump-Backed World Liberty Financial's Stablecoin Plans?
, a decentralized finance platform associated with President Donald Trump, has invested $10 million in Falcon Finance to advance its USDf stablecoin, a synthetic dollar protocol aimed at enhancing onchain liquidity. What Happened: The investment, announced today, will support Falcon's technical integrations, including shared liquidity provisioning, multi-chain compatibility, and smart contract modules for seamless conversions between USDf and World Liberty's USD1 stablecoin. Falcon Finance, based in Dubai, recently surpassed a $1 billion circulating supply for USDf, reflecting strong market demand for its innovative digital dollar approach. The platform operates a synthetic dollar protocol with a dynamic, risk-adjusted overcollateralization model, accepting various collateral types. Andrei Grachev, Managing Partner at Falcon Finance, stated, "This investment validates our approach to creating more efficient on-chain dollar instruments for institutional users, and WLFI's distribution network will help accelerate adoption of our technology.' World Liberty Financial's USD1, launched in March 2025, is a dollar-pegged stablecoin backed by U.S. treasuries, dollar deposits, and cash equivalents. The integration of USD1 as collateral on Falcon's platform strengthens the partnership, aiming to create a robust digital dollar infrastructure for retail and institutional users. Zak Folkman, co-founder of World Liberty Financial, emphasized, "This strategic partnership with Falcon Finance represents a significant step forward in our mission to build a comprehensive DeFi ecosystem." Also Read: Why It Matters: World Liberty Financial has made significant investments in the cryptocurrency sector. In April 2025, DWF Labs invested $25 million in World Liberty Financial, providing liquidity for USD1. In May 2025, Abu Dhabi-based MGX utilized USD1 for a $2 billion investment in crypto exchange Binance, highlighting the stablecoin's growing influence. Additionally, a United Arab Emirates-based fund, Aqua 1 Foundation, purchased $100 million worth of World Liberty's WLFI tokens in June 2025, marking it as the largest publicly known investor in the project. Chinese billionaire Justin Sun also invested $75 million in WLFI tokens, further solidifying World Liberty's financial backing. The company, closely tied to the Trump family, has drawn attention for its rapid growth and controversial connections. A Trump business entity owns 60% of World Liberty Financial, with Eric Trump and Donald Trump Jr. serving as Web3 ambassadors, and the family holding 22.5 billion WLFI units. Despite its financial success, the firm has faced criticism from government ethics experts over potential conflicts of interest, particularly following the Binance deal and the Securities and Exchange Commission's decision to pause an investigation into Sun's companies in February 2025. Read Next: Image: Shutterstock UNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets. Get the latest stock analysis from Benzinga? APPLE (AAPL): Free Stock Analysis Report TESLA (TSLA): Free Stock Analysis Report This article $10 Million For A Synthetic Dollar: What's Behind Trump-Backed World Liberty Financial's Stablecoin Plans? originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved.


Forbes
an hour ago
- Forbes
The Four AI Business Models Reshaping The Future Of Enterprise
How are businesses building, leveraging, and embedding AI into their day-to-day? This article ... More discusses key considerations when building AI companies or procuring their services. As artificial intelligence accelerates across every industry, the next generation of successful AI-native companies won't be defined by cutting-edge models alone. Instead, they'll be defined by how well their business models align with how AI works in the wild. In 2025, it's no longer enough to be AI-powered—companies must be AI-native. That means architecting operations, customer interactions, and value creation around the core principles of AI systems: adaptability, feedback loops, and outcome-driven workflows. In this article we will break down four emerging AI business models and what they mean for entrepreneurs, investors, and corporate leaders navigating the evolving landscape of artificial intelligence. Whether you're leading a tech startup or transforming a legacy enterprise, these models provide a blueprint for building with AI in a way that sustains differentiation, scales operations, and delivers measurable results. In speaking with Apoorva Pandhi from Zetta Ventures Partners, 4 AI business models are currently taking precedence: A Strategic Mindset Shift Across all four models, a unifying principle emerges: AI is not the product—it's the substrate. The most enduring AI-native companies don't sell 'AI-powered tools.' They build systems engineered for throughput, tested in production, and grounded in customer reality with the following in mind: For founders, executives, and investors alike, the question isn't 'What model should we build?' but rather 'What kind of AI-native company are we becoming?' Whether your edge comes from sticky products, co-developed systems, full-stack services, or upgraded operations, success hinges on aligning business structure with AI dynamics. This means embracing iterative feedback, user proximity, and outcome ownership—not just better algorithms. AI-native isn't a feature. It's a philosophy. And in the next wave of technology innovation, it will separate the fleeting from the foundational. As AI-native companies mature, we'll likely see more hybrid models, ecosystem plays, and category creators that defy current labels. But for now, these four models provide a compass for building with clarity in a rapidly evolving landscape. Ask yourself: Is your company merely using AI—or is it designed for it?
Yahoo
an hour ago
- Yahoo
Israel's Bezeq Telecom raises 2025 profit amid regulatory shaekeup on fibre costs
By Steven Scheer JERUSALEM (Reuters) -Bezeq Israel Telecom on Wednesday raised its 2025 profit outlook after Israel's telecoms regulator announced plans to cut wholesale fibre optic costs and ease Bezeq's obligation to provide internet services over fibre to key competitors. Israel's largest telecoms group revised its adjusted net profit estimate for 2025 to 1.45 billion shekels ($432 million), up from 1.32 billion shekels projected in May. It also increased its forecast for earnings before interest, taxes, depreciation, and amortisation (EBITDA) to 3.85 billion shekels from the previous guidance of 3.75 billion. Bezeq said the increase stemmed from a higher valuation of its Internet and television unit Yes following a Tuesday announcement by the Communications Ministry aimed at reducing internet costs. The company said the "significant accounting gain" for the fair value of Yes would be recognised in the third quarter of 2025. Bezeq earned 1.27 billion shekels in 2024 and is expected to issue second-quarter earnings next week. The telecoms operator said it was on track to complete the rollout of its fibre-optic network, reaching 2.9 million homes this year, up from 2.7 million in May. At that time, the company had 885,000 fibre subscribers and its chairman, Tomer Raved, told Reuters that Bezeq would soon reach 1 million. The Communications Ministry plans to cut fibre Internet wholesale costs by more than 30% to boost competition and lower household internet prices, especially for fibre-based services. While Bezeq will still be required to provide its network to rivals, including Partner Communications and Cellcom until 2027, in 2028, this obligation will largely end. One exception is cable company Hot, owned by Altice, which has older infrastructure. Elad Makdasi, the ministry's director general, said the move would transform the telecoms market by incentivising independent infrastructure deployment and ensuring long-term competition "which will promote innovation, quality service, and attractive pricing for years to come."