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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DeepSeek releases V4.1-Flash-1017, an update it says offers "stronger benchmark performance, faster task completion, and shorter outputs" than its predecessor (Saritha Rai/Bloomberg)

Saritha Rai / Bloomberg : DeepSeek releases V4.1-Flash-1017, an update it says offers “stronger benchmark performance, faster task comple...