SoftBank led a $680 million investment into Paris-based fantasy soccer startup Sorare, in which users buy digital non-fungible tokens, or NFTs, representing the cards of players they want on their team. The investment valued the company at $4.3 billion. It was founded in 2018. Reuters said the site is the largest sports NFT platform by sales volume, citing market data from NonFungible.com. ...
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How Microsoft is Trying to Lessen Its Addiction to OpenAI as AI Costs Soar
Microsoft’s push to put artificial intelligence into its software has hinged almost entirely on OpenAI, the startup Microsoft funded in exchange for the right to use its cutting-edge technology. But as the costs of running advanced AI models rise, Microsoft researchers and product teams are working on a plan B. In recent weeks, Peter Lee, who oversees Microsoft’s 1,500 researchers,...
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