SAN FRANCISCO — In April, a San Francisco artificial intelligence lab called Anthropic raised $580 million for research into “AI security.” Few people in Silicon Valley had heard of the year-long lab, which builds AI systems that generate language. But the amount of money promised to the small company dwarfed what venture capitalists were pouring …
How the Collapse of Sam Bankman-Fried’s Crypto Empire Disrupted AI Read More »
The Independent Cryptocurrency Exchange Reserve wants Singapore to lift its ban on cryptocurrency advertising, calling instead for a regulatory framework that “actually protects” consumers. The country’s central bank, meanwhile, dismissed suggestions that it could have done more to protect investors amid the FTX debacle. Highlighting FTX’s recent collapse, Independent Reserve said “urgent and practical regulatory …
NurPhoto via Getty Images TL; DR Crypto exchange FTX looks set to collapse after rival and top investor Binance pulls out of a last-minute bailout acquisition Inflation hit its lowest level since January this year, with the latest annual figure falling to 7.7%. The stock market reacted strongly with its biggest gains since 2020 Top …
