Genesis, one of the largest crypto lending firms, approached crypto exchange Binance and private equity firm Apollo Global Management for cash, Bloomberg reported on Tuesday. Genesis has been seeking up to $1 billion in funding, according to multiple reports. The talks come as Genesis’ withdrawals remain frozen after customers rushed to pull out money following the collapse of FTX. Genesis has...
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Amazon’s ‘Switzerland’ Days Are Over; Are LLMs Cheating on Benchmark Tests?; OpenAI Quietly Develops Customizable GPTs
Looks like Amazon’s finally made its AI bet.On Monday, model developer Anthropic announced that it had raised as much as $4 billion from Amazon. As part of the deal, Amazon Web Services will become Anthropic’s primary cloud provider, and Anthropic will train and deploy its future models on AWS’ training- and inference-specialized chips, Trainium and Inferentia. What that means isn’t...
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