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🚨 BREAKING: Axiom, the Y Combinator-backed memecoin trading app, pulled in around $10.5 million in revenue last week — now No. 2 in Solana app revenue behind pump.fun ($12.2M) and ahead of Phantom ($4.3M), according to Blockworks Research. Built by two 22-year-old UC San Diego graduates, Axiom combines memecoin trading with Hyperliquid perpetuals — and the founders say they won't raise more venture funding: the business is already profitable. #Axiom #Memecoins #Solana #Crypto #CryptoNews #Zimbuck

OpenAI has closed the first $11 billion of its new funding round at a $1.25 trillion valuation, Bloomberg reported Friday — well short of the $30 billion+ it originally sought, with the valuation cut from $1.4 trillion as AI stocks sold off. UAE investors led the round, and the rest of the round could bring the total to $20 billion in the coming weeks. At $1.25 trillion, OpenAI would be the most valuable private company ever — up from $852 billion in its March round. #OpenAI #AI #TechStocks #Funding #Zimbuck