FTX sells its remaining 15M Anthropic shares, netting $450M+ and taking its total haul to $1.3B from its original $500M investment, as legal costs pass $500M — - The FTX estate has sold its remaining shares in Anthropic, a valuable AI startup, as the total cost of the bankruptcy surpasses $500 million …
Zara plans to expand live shopping broadcasts in the UK, Europe, and the US between August and October 2024, testing a format that is wildly popular in China — Zara will expand its live shopping broadcasts to the UK, Europe and the United States this year, testing a format …
Nvidia plans to upgrade its AI accelerators annually, and announces a Blackwell Ultra chip for 2025 and a next-gen Rubin AI platform for 2026 that will use HBM4 — - CEO Jensen Huang reveals plans for annual upgrade cycle — Company details plans for Blackwell Ultra and subsequent chips
Jensen Huang said at Computex that Asus, Pegatron, Wistron, and others will deliver cloud, on-prem, embedded, and edge AI systems using Nvidia Blackwell GPUs — Nvidia CEO Jensen Huang announced at Computex that the world's top computer manufacturers today are unveiling Nvidia Blackwell …
An excerpt from the book The Trolls of Wall Street, which details how r/WallStreetBets fueled a movement that turned millions of young Americans into investors — An excerpt from Nathaniel Popper's forthcoming The Trolls of Wall Street. — By the end of 2011, Jaime Rogozinski, 29, had fallen into a rut.
Sources: a16z and other investors in the fintech Synapse, which filed for bankruptcy in early May, were aware of recordkeeping discrepancies for years — Millions of consumers who kept their savings with digital banking startups such as Yotta or Juno have lost access to their money as a result …
New York Times : Sources: the US State Department ordered embassies to push back against foreign influence campaigns, as officials worry ...
