Wednesday, December 28, 2022

Court filings: Sam Bankman-Fried said in an affidavit that he and Gary Wang borrowed $546M+ from Alameda to buy a nearly 8% stake, or ~56M shares, in Robinhood (Bloomberg)

Bloomberg:
Court filings: Sam Bankman-Fried said in an affidavit that he and Gary Wang borrowed $546M+ from Alameda to buy a nearly 8% stake, or ~56M shares, in Robinhood  —  FTX founder Sam Bankman-Fried said he and former executive Gary Wang borrowed more than $546 million from Alameda Research to buy …



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Bill Gates warns about the catastrophic risk posed by "people with ill intent using the latest AI tools", which are powerful enough to "cause a billion deaths" (Herb Scribner/Axios)

Herb Scribner / Axios : Bill Gates warns about the catastrophic risk posed by “people with ill intent using the latest AI tools”, which a...