FTX seeks permission to speedily sell 8% stake in Anthropic

FTX Granted Approval to Sell Anthropic Shares

FTX wins court approval for Anthropic stake sale, advancing customer reimbursement efforts.

FTX Strategy for Customer Reimbursements: Proposal to Divest $1 Billion in Anthropic Stock

FTX received court approval to sell its 7.84% stake in AI startup Anthropic, aiming to raise $1 billion to aid in reimbursing its $3 billion debt to customers.

FTX Seeks Rapid Sale of Anthropic Stake to Aid Creditor Reimbursement

FTX seeks rapid sale of its 7.84% Anthropic stake, aiming to maximize creditor returns as part of its financial recovery strategy under new management.

OpenAI's Bold Move: Merger Proposal with Anthropic

OpenAI's proposal for a merger with Anthropic, though not accepted, adds a layer of intrigue to the competitive landscape of AI. The dynamics between these giants, coupled with the leadership vacuum at OpenAI, suggest a pivotal moment for the industry. The unfolding chess game between OpenAI and Anthropic will shape the future of AI, highlighting the sector's evolving nature and the strategic considerations at play.

AI Startup Anthropic Secures $100M Funding from SK Telecom

Anthropic, an AI startup, has clinched a substantial $100 million investment from SK Telecom, a prominent player in South Korea's telecommunications sector.

Canada Close to Tightening Rules for Crypto Exchanges: Sources

Crypto trading firm QCP Capital has at least $97 million stuck on FTX: Sources

QCP Capital, a crypto trading firm based in Singapore, has at least $97 million stuck on FTX after the crypto exchange filed for bankruptcy last month.

Genesis Creditor Groups' Loans Amount to $1.8B and Counting: Sources

In addition to the previously reported group of Gemini customers owed $900 million, there are two other groups of Genesis creditors being represented by lawyers.

Musk Orders Twitter to Cut Infrastructure Costs by $1 Billion - Sources

Elon Musk has directed Twitter Inc's teams to find up to $1 billion in annual infrastructure cost savings.

Controversial mixer Tornado Cash open-sources UI code

The privacy-focused mixer has been at the center of several DeFi exploits over the past year as users attempted to obfuscate the trail of stolen funds.