U.S. Raises Alarm Over Chinese AI Firms’ Alleged IP Theft Through Model Distillation 
Australia’s major sports codes are considered not-for-profits – is it time for them to pay up? 
Amazon Stock Rises as Meta Expands AWS Partnership for AI Infrastructure 
Advantest Stock Falls on Weak Outlook Despite Strong AI-Driven Results 
Oil Prices Surge Amid U.S.-Iran Tensions and Strait of Hormuz Supply Concerns 
Chip Stocks Rally on AI Optimism as Oil Price Surge Adds Market Tension 
Brazil Pension Fund Crackdown After Banco Master Collapse Raises Investment Concerns 
Trump's Transgender Sports Ban Faces Enforcement Challenges 
$16B Michigan Data Center Project Boosts U.S. AI Infrastructure Expansion 
JD Vance to Lead U.S. Presidential Delegation at Milano Cortina Winter Olympics Opening Ceremony 
Trump Plans New Executive Order to Address Rising NIL Costs in College Sports 
Brazil Current Account Deficit Widens in March as FDI Misses Expectations 
Asian Stock Markets Rally as Japan and South Korea Hit Record Highs Amid Oil Price Concerns 
US Dollar Weakens as Iran Talks Boost Risk Appetite in Forex Market 
Brazil Blocks Prediction Market Platforms, Tightens Derivatives Trading Rules 
Trump Threatens Stadium Deal Over Washington Commanders Name 
Brooklyn Nets star Kevin Durant has launched Infinite Acquisition Corp, which focuses on buying companies across the sports, cryptocurrency, e-commerce, health, and food sectors.
The special purpose acquisition company (SPAC) has filed for a US$200 million initial public offering (IPO) and is offering 20 million units at US$10 apiece.
Infinite will redeem 100 percent of the shares for cash if it does not close a merger within 18 months after the IPO ends.
Durant will serve as co-CEO of Infinite alongside entrepreneur Rich Kleiman, who is his business partner in their Thirty Five Ventures investment vehicle.
Infinite is an addition to the NBA star's growing list of sports and technology investments.
Thirty Five Ventures invested in esports organization Andbox, is part of the US$3.5 million seed funding round for media platform Just Women’s Sports (JSW) and is part of a group that invested US$100 million in ticketing technology company SeatGeek, which merged with RedBall Acquisition Corp.
Durant also owns a five percent stake in Major League Soccer’s Philadelphia Union valued at around US$12 million.
