Governance
Top tech news stories today: March 26, 2024
No need to search through various websites for your daily tech roundup. We have it right here all in one place. 1. FTX estate selling majority stake in AI startup Anthropic for US$884 million, with bulk going to UAE Bankrupt crypto exchange FTX has struck a deal with a consortium of buyers to sell t…
Headline
No need to search through various websites for your daily tech roundup. We have it right here all in one place. 1. FTX estate selling majority stake in AI startup Anthropic for US$884 million, with bulk going to UAE Bankrupt crypto exchange FTX has struck a deal with a…
Context
No need to search through various websites for your daily tech roundup. We have it right here all in one place. Bankrupt crypto exchange FTX has struck a deal with a consortium of buyers to sell the majority of its stake in artificial intelligence startup Anthropic for US$884 million, according to a filing submitted late Friday to a Delaware court. ( CNBC )
Evidence
Pending intelligence enrichment.
Analysis
A Binance executive detained by Nigerian authorities last month has escaped, according to local media reports. Meanwhile, the West African country has charged the cryptocurrency exchange with a host of tax evasion charges. ( Finextra ) US-based fintech Coast, which offers financial tools for fleet-operating businesses to pay for and manage their fuel and transportation spending, has secured US$92 million in a mix of equity and debt capital. ( Fintech Futures ) As mentioned by Grooms’ LinkedIn profile, Maju Kuruvilla is no longer CEO of one-click checkout company Bolt. He is replaced by Justin Grooms, Bolt’s global head of sales, who is now interim CEO. ( Tech Crunch ) Former Google DeepMind scientists have launched Foundry, a new cloud platform aimed at making compute accessible for AI training, securing US$80 million in seed and series A funding. ( AI Business )
Key Points
- 1. FTX estate selling majority stake in AI startup Anthropic for US$884 million, with bulk going to UAE
- 2. Binance exec escapes Nigerian custody
- 3. US fintech Coast secures US$92m in mix of equity and debt capital to fuel product development
- 4. Maju Kuruvilla is out as CEO of one-click checkout company Bolt
- 5. Startup raises £80M to simplify access to AI cloud services
Actions
Pending intelligence enrichment.
