Polychain Capital, the world’s largest crypto hedge fund, with $650 million under management, is seeing investors pulling out amid a massive downturn in the crypto market, according to the Wall Street Journal . This year, Polychain’s main fund has lost about 31% through July, according to the Journal story. Polychain is also being sued by one investor who says he was underpaid when he tried to...
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Fear and Longing in the AI Wars
Hi, welcome to your Weekend! This is Abe filling in for Jon, who returns as Weekender-in-Chief next Saturday.If the cars, brain implants and spaceships don’t pan out, Elon Musk has a promising future as a fear-monger. His was the leading name attached to a widely discussed open letter published this week that urged a halt in artificial intelligence research, warning that AI poses “profound...
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