Samsung debuts the Samsung Galaxy Card, a Visa card issued by Barclays that offers 5% cash rewards for purchases directly from Samsung, its first US credit card
You get 5% rewards when you buy stuff directly from Samsung — With Galaxy Unpacked 2026 set to kick off in a matter of days …
Sources: Samsung is in talks with Barclays to launch a consumer credit card in the US; it's also exploring a high-yield savings account, BNPL product, and more
AnnaMaria Andriotis / Wall Street Journal :
Barclays: hyperscalers have announced a total of 46 GW of AI data center capacity, which at full utilization will consume as much energy as ~44.2M US households
The financing package stitched together for Meta's humongous Hyperion data centre campus in Louisiana made Alphaville curious …
Barclays will block crypto purchases made with credit cards starting June 27, citing volatility and lack of consumer protections, following other UK lenders
Naga Avan-Nomayo / The Block :
Barclays, Monzo, Lloyds, and other major UK banks join Amazon, Google, Match, Meta, BT, and Three in committing to live data sharing in a UK fraud clampdown
Georgina Quach / Financial Times :
Cerebras, Groq, and Big Tech target AI inference to challenge Nvidia; Barclays sees inference capex surpassing training in two years, reaching $208.2B in 2026
Rivals focus efforts on how AI is deployed, in their efforts to disrupt the world's most valuable semiconductor company
NYC-based Versana, a two-year-old platform that allows lenders to access data about $2.7T worth of loans, raised $26M from Barclays, Bank of America, and others
Jan-Henrik Foerster / Bloomberg :
Founders fear that the collapse of SVB, which had branches in the UK, Canada, China, Germany, India, Israel, and more, could wipe out startups around the world
Because startups that banked with SVB don't have access to their funds … Manish Singh / TechCrunch : Silicon Valley Bank collapse is impacting many Indian startups Philip Elmer-DeWitt / Philip Elmer‑D...
Sources: AT&T is working with Barclays to solicit bids for its cybersecurity business, called AlienVault when AT&T acquired the company for ~$600M in 2018
Milana Vinn / Reuters :
Stockholm-based autonomous and electric truck company Einride raised a $200M Series C from Northzone, EQT, Temasek, and others and $300M in debt from Barclays
Paul Sawers / TechCrunch :