OpenAI in talks with regulators to become a for-profit company: Report
The $157 billion artificial intelligence giant wants to retain a nonprofit arm to pursue its mission of benevolent AI development. This post was originally published on this site
Musk Mulls AI Startup to Rival Chatgpt Maker Openai, Report
Entrepreneur Elon Musk is preparing to launch a startup that will compete with Openai, the creator of Chatgpt, a media report unveiled. According to quoted knowledgeable sources, the owner of Twitter and Tesla is already assembling a team of developers and talking to investors. Elon Musk Reportedly Working to Establish Openai Rival, Registers X.AI Corp […]
SEC Charges Gig Economy Platform for $2.6 Million Unregistered Coin Offering
The U.S. Securities and Exchange Commission (SEC) has charged Thor Technologies and its co-founders with conducting an unregistered securities offering. In 2018, the company minted and sold tokens to raise funds for its ‘gig economy platform,’ the development of which had not even started at the time. U.S. Securities Regulator Accuses Thor Technologies’ Management of […]
Crypto Exchange FTX Fires 3 Top Executives, Report Reveals
Three high-ranking executives of failed cryptocurrency exchange FTX have reportedly been dismissed. Among them is one of the co-founders of what was one of the industry’s largest trading platforms, which is currently in bankruptcy proceedings in the U.S. court system. 3 Members of FTX Management Lose Their Jobs, Spokesperson Quoted Troubled cryptocurrency exchange FTX has […]
Russian Crypto Mining Giant Bitriver Considers Challenging US Sanctions
Russia’s Bitriver, one of the largest operators of crypto mining data centers, may take legal action against the U.S. over the decision to place it under sanctions. The company insists it does not help the Russian government to circumvent international restrictions. Bitriver Rejects US Accusations as Unfounded, Sees No Legal Ground for Sanctions Leading Russian […]