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Musk and investors reportedly plan to settle terms in the coming weeks, with ongoing discussions about the possibility of obtaining computing power alongside or instead of xAI equity shares.
Elon Musk has denied the accuracy of a report claiming his artificial intelligence (AI) company, xAI, secured $500 million of a $1 billion goal from investors. Musk responded ...
8 months ago
Online pastor Eli Regalado says he sold over $3 million in tokens to his community because “the Lord” told him to give his followers a 10x return.
A Colorado-based online pastor who has been charged with fraud for selling a “worthless” cryptocurrency says he only did it because “the Lord” told him to give his follow...
8 months ago
Terraform Labs, the blockchain firm behind the notorious Terra ecosystem, has filed for bankruptcy in the U.S. a month after a court ruled that the firm violated the U.S. laws.
In court documents filed on Jan. 21, the Singapore-based blockchain firm Terraform Labs disclosed liabilities ranging from $100 million to $500 million. Among the creditors h...
8 months ago
Within a week, the crypto industry lost two pro-crypto presidential hopefuls, though there’s some hope Donald Trump could be a secret wildcard for crypto.
The recent departures of Vivek Ramaswamy and Ron DeSantis from the United States presidential race has left just two pro-crypto longshots in the running — though there’s some hope th...
8 months ago
Senator Elizabeth Warren used the U.S. Governmental Accountability Office report to show crypto in a negative light despite the report’s content offering a contrasting view.
Coinbase chief legal officer Paul Grewal came down heavily on the United States Government Accountability Office (GAO) over its recent report on crypto use for evading sanctions. In an...
8 months ago
Sri Lanka's Regulatory Outlook and the Dawn of 'Lanka Pay' in 2024
Sri Lanka has always been a country where cash is king and this remains the case despite the country planning to introduce its digital currency by the end of 2024. Once dubbed “t...
8 months ago
Jicha and USI Tech’s Fraud Scheme
Horst Jicha, the founder of crypto firm USI Tech, has been arrested and charged by U.S. authorities for his involvement in an alleged $150 million international fraud scheme.
8 months ago
OpenAI says it wants to implement ideas from the public about how to ensure its future AI models align with the values of humanity.
OpenAI highlighted five significant lessons learned from its $1 million grant program to involve the public in deciding how artificial intelligence (AI) should behave to better align its models ...
8 months ago
The firm’s share price decline came just before activist short-selling firm JCapital Research released an unverified report warning Hut 8 investors of an “upcoming pump and dump.”
Bitcoin miner Hut 8 has seen its share price tumble more than 23% on Jan. 18, the same day the firm rang the Nasdaq’s opening bell and another spread an unverified report a...
8 months ago
In a first for higher education, a partnership between OpenAI and Arizona State University will integrate ChatGPT Enterprise for faculty and staff to explore innovative AI applications for student success and research.
Artificial intelligence (AI) developer OpenAI and Arizona State University (ASU) — one of the leading research universities in the United States — have
8 months ago
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