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FTX and Alameda Reach $874M Settlement with BlockFi Amid Bankruptcy Proceedings
FTX and Alameda have agreed to an "in principle" settlement with BlockFi, potentially paying up to $874 million, marking a significant development in the ongoing bankruptcy saga. (Read More)Source link
Core Scientific to Host CoreWeave’s AI and HPC Workloads in $100M+ Deal
Core Scientific has signed a multi-year contract to provide CoreWeave with up to 16 MW of data center infrastructure for AI and HPC workloads, with potential revenue exceeding $100 million. (Read More)Source link
Wormhole Announces W Token Airdrop
Wormhole, a leading interoperability protocol, has unveiled its native token W and an airdrop to decentralize its network, reinforcing its commitment to the Web3 vision. (Read More)Source link
Why Sora is A Breakthrough in AI Video Generation?
OpenAI's Sora, a text-to-video generative AI model, marks a breakthrough in AI's ability to create realistic video scenes from textual prompts, with implications across creative industries and education. (Read More)Source link
Private Market Confidence Rises as Investors Embrace Digital and Healthcare Sectors in 2024
Adams Street Partners' survey indicates 90% expect private markets to outperform public markets in the long run, with two-thirds planning to enhance allocations in 2024, highlighting digital disruption's importance. (Read More)Source link