Sam Bankman-Fried said he didn’t “knowingly commingle” customer cryptocurrency assets between FTX, his now-bankrupt crypto exchange, and Alameda Research, the embattled crypto trading firm he mostly owned. “I didn’t ever try to commit fraud on anyone,” said the FTX co-founder and former CEO at The New York Times’ DealBook Summit on Wednesday. Bankman-Fried, who appeared in front of the New...
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Oracle has invested in Cohere, an artificial intelligence startup that competes with OpenAI, the startup said on Thursday. What Cohere didn’t say: Oracle plans to make the startup a centerpiece of its strategy to catch up to bigger cloud rivals that sell services powered by large-language models. Steve Miranda, a senior Oracle executive, has told employees the company plans to sell access...
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