FTX, the third largest cryptocurrency exchange by trading volume, raised $400 million in a new funding round that valued the company at $32 billion, the company announced Monday. Among the investors participating were SoftBank Vision Fund 2, Paradigm, Tiger Global, Lightspeed Venture Partners and Ontario Teachers’ Pension Plan Board. The new investment comes less than four months after FTX...
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Pro Weekly: OpenAI’s Other Model
Welcome back!OpenAI has been the talk of the tech world in recent months, following the release of the ChatGPT chatbot in November and GPT-4, the newest edition of its machine-learning model, earlier this month. Its pace of product releases is impressive, especially from a company that started as a nonprofit research organization. My colleague Jon detailed a key reason in an article...
Coinbase Hires Former Shopify Executive as Country Director
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Virgin Orbit Lays Off 85% of Staff, Ceases Operations
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