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FTX Offloads Anthropic Stake in Multi-Million Dollar Deal
In a significant move, FTX, the once-prominent cryptocurrency exchange, has announced the sale of its $884 million stake in Anthropic, a leading artificial intelligence (AI) company. The deal, which involves the transfer of Anthropic shares to two dozen institutional...
Consumers Take Legal Action Against Apple Amidst Justice Department Lawsuit
Consumers are taking a stand against tech giant Apple as they file lawsuits in response to legal actions initiated by the United States Justice Department. This legal saga unfolds against the backdrop of increasing scrutiny over Apple's business practices and their...
A New Era of Healthcare: Mirador’s Investment in Precision Medicine
Mirador emerges as a formidable player in the realm of precision medicine, fueled by a substantial $400M investment. This infusion of funds promises to drive innovation in healthcare technology and therapeutic advancements, catapulting the field of genomics into new...
The Race for AGI: OpenAI, Compute Power, and the Future of AI
In a recent podcast interview with Lex Fridman, Sam Altman, CEO of OpenAI, dives deep into the world of artificial intelligence (AI) research. The conversation explores a range of topics, from the race for artificial general intelligence (AGI) to the challenges of...
Google Hit with €270 Million Fine in France for Using News Publishers’ Data to Train AI Model Bard
French authorities have fined Google €270 million for using news content to train its AI model, Bard, without properly informing publishers. The French Competition Authority (FCA) believes that Google did not negotiate fairly with publishers over the use of their...
Saudi Arabia Sets Sights on Global AI Leadership with $40 Billion Investment
Saudi Arabia AI investment, a staggering $40 billion dedicated to propelling the nation to the forefront of artificial intelligence (AI) research and development, is making waves in the tech world. This ambitious initiative, driven by the Saudi Arabian government's...