American securities regulators have subpoenaed the banks that lent Situational Awareness the money it used to make its AI bets. The Securities and Exchange Commission wants the timing of the fund’s trades, and its communications with lenders about the money it was borrowing. It also told the banks to preserve any information they hold on […]<br /> This story continues at The Next Web [...]
Coinbase says that the SEC has agreed to end an enforcement case that accused it of illegally running an unregistered securities exchange. This could signal a major change in how the US government wil [...]
Cerebras Systems, the Silicon Valley chipmaker that built the world's largest commercial AI processor, erupted onto the Nasdaq on Wednesday, opening at $350 per share — nearly double its $185 I [...]
On a recent work trip, I had plenty of things to worry about — but being able to recharge my two smartphones, laptop and iPad were not among my concerns. In my carry-on luggage, I had two medium-cap [...]
After a more than two-year investigation, the Securities and Exchange Commission has sued Elon Musk over his delayed disclosure of the Twitter stock he amassed before announcing his intention to acqui [...]
This Thursday is serving up heaps of turkey, potatoes, and professional football. The NFL has three games on the schedule, all conveniently timed so you'll be able to have football on pretty much [...]
Situational Awareness lost roughly $30bn in July. The desk reported that three weeks ago. What happened inside those six days has not. Gregory Zuckerman, Juliet Chung and Peter Rudegeair have reconstr [...]