Friday, March 17, 2023

SVB Financial files for Chapter 11 bankruptcy protection in the SDNY Bankruptcy Court and "believes it has approximately $2.2B of liquidity" (Ingrid Lunden/TechCrunch)

Ingrid Lunden / TechCrunch:
SVB Financial files for Chapter 11 bankruptcy protection in the SDNY Bankruptcy Court and “believes it has approximately $2.2B of liquidity”  —  One week after trading was halted for SVB Financial and regulators took control of the holding company for Silicon Valley Bank and other subsidiaries …



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Microsoft President Brad Smith calls for global safety regulations for AI, arguing that milk and washing machines currently face more stringent safety standards (Mitchell Labiak/BBC)

Mitchell Labiak / BBC : Microsoft President Brad Smith calls for global safety regulations for AI, arguing that milk and washing machines...