Amazon, Anthropic AI Startup Partner in $4 Billion Investment
Amazon and the artificial intelligence (AI) startup Anthropic have announced a new investment agreement to support the research and development of new high-performance foundation models. Anthropic disclosed in a post on X, formerly Twitter, that Amazon invested $4 billion in its work in exchange for access to Amazon cloud services (AWS) Trainium and Inferentia processors. […]
China Sets to Build AI Chip Factory to Bypass US Sanctions
According to a South China Morning Post (SCMP) report, Chinese scientists are reportedly looking to construct artificial intelligence (AI) chip factories to circumvent local industry sanctions. Utilizing particle accelerators will facilitate the development of novel laser source production techniques. According to reports, the accelerator’s electron beam will be converted into a “high-quality” light source required […]
Arbitrum DAO Takes Back $56M Unclaimed ARB Airdrop Tokens
Arbitrum, a significant layer-2 scaling solution for the Ethereum blockchain, has officially added the unclaimed tokens from its airdrop to its treasury, accounting for 0.69% of ARB’s total supply of 10 billion. On September 24, the Arbitrum Foundation transferred 69.4 million unclaimed Arbitrum (ARB) tokens to its decentralized autonomous organization (DAO), the Arbitrum DAO, the […]
North Korean Lazarus Group Holds Almost $50M Worth of Crypto
New data reveals that the North Korean hacking group Lazarus possesses a staggering $47 million in cryptocurrencies, most of which are Bitcoin, including Bitcoin, Ether, BNB, Binance USD, and various stablecoins. Wallets associated with the Lazarus Group hold approximately $47 million worth of digital assets, including $42.5 million in BTC, $1.9 million in Ether, $1.1 […]
Tether Halts USDT Redemption For Select Singapore Customers
Tether states that ‘Cake DeFi’ was founded to be controlled by another corporation in Singapore, not to redeem USDT. Reportedly, Tether’s service (ToS) conditions in Singapore have been modified. A 25 September email from the CEO of the decentralized finance protocol Cake DeFi reveals modifications to the company’s terms of service prohibiting certain customer bases […]