Business

Google invests $2 billion in Anthropic AI amid regulatory and legal uncertainty: report
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3 November, 2023

Google invests $2 billion in Anthropic AI amid regulatory and legal uncertainty: report

Google’s decision to invest in Antrophic—a competitor to its rival OpenAI—has been construed as an elaborate plan to bolster its...
MicroStrategy Q3 earnings: BTC bet is becoming an existential risk
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3 November, 2023

MicroStrategy Q3 earnings: BTC bet is becoming an existential risk

Figures show that MicroStrategy has spent $2.49 billion on BTC since 2020, with its price pumping at an average of...
Turkey to adopt new digital asset laws in effort to get back into FATF’s good graces
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3 November, 2023

Turkey to adopt new digital asset laws in effort to get back into FATF’s good graces

The lack of a dedicated legal regime for digital assets in Turkey has been cited by the Financial Action Task...
Coinbase posts seventh straight loss-making quarter despite USDC boost
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3 November, 2023

Coinbase posts seventh straight loss-making quarter despite USDC boost

Coinbase marked its seventh consecutive quarter in which it failed to turn a profit, with the latest figures showing a...
FTX founder Sam Bankman-Fried found guilty on 7 charges
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3 November, 2023

FTX founder Sam Bankman-Fried found guilty on 7 charges

Crypto's former wonder boy Sam Bankman-Fried could see himself landing in jail for 115 years after being found guilty of...
28 countries sign ‘Bletchley Declaration’ on AI risks and safety
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3 November, 2023

28 countries sign ‘Bletchley Declaration’ on AI risks and safety

Countries unite in the Bletchley Declaration, acknowledging the pressing need for collective management of AI risks, emphasizing transparency, cooperation, and...
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