MARA’s Exaion Lawsuit, Nvidia’s $250B OpenAI Backstop, CXMT’s 400% IPO Pump

Welcome back to The Blockspace Podcast! For our lead story, we cover a lawsuit against MARA that alleges the company didn’t fully pay a French contractor and his affiliates for their work to push through MARA’s acquisition of a controlling stake in Exaion, the data center subsidiary of France’s nationalized energy firm, EDF. We also have Lygos Finance CEO Jay Patel on to discuss quivers in the stock market – including Google losing 9% last week despite smashing revenue expectations. For other news, we look into a WSJ report that says Nvidia is considering backstopping OpenAI’s 10 GW Ohio data center deal with SB Energy to the tune of $250 billion and Chinese memory company CXMT’s IPO which briefly made it the most valuable company in the Chinese market.

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