Bitcoin bull and billionaire files for $250M SPAC targeting DeFi, AI | NYGazet

Tech-focused venture capitalist Chamath Palihapitiya is looking to raise $250 million for a SPAC under American Exceptionalism Acquisition Corp, focused on DeFi, AI and defense.

Early Bitcoin investor and billionaire Chamath Palihapitiya filed to raise $250 million in blank-check company “American Exceptionalism Acquisition Corp A,” targeting the decentralized finance, AI, energy and defense sectors. The special purpose acqu... [2831 chars]