Amidst widespread media coverage highlighting Anthropic, the startup behind the generative artificial intelligence (AI) chatbot Claude and its pending multi-billion-dollar infusion, federal prosecutors overseeing the Sam Bankman-Fried case are pushing to sideline this subject during the trial. Thane Rehn, the assistant U.S. attorney, strongly asserted that it’s “immaterial whether some of those investments might ultimately […]
FTX Seeks to Exclude Dubai Subsidiary From Ongoing Bankruptcy
FTX Trading Ltd. filed a motion on Tuesday to dismiss its Dubai-based subsidiary, FTX Exchange FZE, from ongoing bankruptcy proceedings, citing the unit’s lack of operations and assets. Dubai’s FTX Exchange Faces Voluntary Liquidation After Motion to Dismiss From Parent Company In the motion filed in Delaware bankruptcy court, FTX stated that FTX Dubai has […]