After spending $5.60 billion in cash last year, Anthropic said it would cut that by nearly half by 2025 and expects to make as much as $3.70 billion this year as it catches up with OpenAI, two people familiar with the matter said. Anthropic also expects its revenue to grow to $34.50 billion by 2027.
On February 5, according to Reuters, two people familiar with the matter said that the SEC currently requires its lawyers to obtain high-level approval before officially launching an investigation. The new requirements stipulate that law enforcement officers must obtain permission from politically appointed commissioners to issue subpoenas, request documents and compel testimony. Previously, staff members had the power to independently launch formal investigations, while SEC commissioners oversa...
Qiao Wang and Imran Khan, two Alliance DAO co-founders, shared their latest holdings in a newly released video. Qiao Wang said he is all in bitcoin and AI agents tokens. Imran Khan said he still holds Hype and believes it is "a strong beta token".
According to the Washington Post, the sentences of two former cryptocurrency exchange FTX executives appear to have been shortened. According to information on the website of the U.S. Federal Bureau of Prisons, Ryan Salame began serving a seven-and-a-half-year sentence in October and is now expected to be released in March 2031. Caroline Ellison, on the other hand, now has an expected release date of July 2026.
Two opposition figures: Syrian opposition fighters have seized a major military base in the southern province of Daraa and seized part of the Nassib border crossing with Jordan.
Two people familiar with the matter told CNN that in recent days, Trump's national security adviser, Mike Waltz, has been weighing several proposals to end the Russia-Ukraine conflict. While the specifics of the strategy are still being worked out, Trump officials are likely to push for an early...
According to Eleanor Terrett, a Fox reporter, two people familiar with the matter said that the Securities Exchange Commission has made progress in negotiations with the issuers of spot SOL ETFs, and the Securities Exchange Commission is currently processing S-1 applications. According to the people familiar with the matter, it is "very likely" that the next few days will see exchanges file some 19b4 documents on behalf of potential issuers - which is the next step in the ETF approval process. V...
According to two anonymous sources, SpaceX plans to launch a tender offer in December to sell existing shares at $135 per share. The move is expected to value the company at more than $250 billion. SpaceX has not yet commented on the planned acquisition, which coincides with anticipated changes in the nation's space exploration policy.
In today's announcement, two Ethereum researchers revealed that they have resigned from their roles due to controversy over their roles as advisors on the re-staking platform EigenLayer. Ethereum researchers Justin Drake and Dankrad Feist posted on the X platform that they resigned as advisors to focus on the development of the underlying network of Ethereum. Drake said he had stepped down from the position in September.
According to two people familiar with the matter, Arjun Sethi, co-founder of venture capital firm Tribe Capital, is expected to be named co-CEO of cryptocurrency exchange Kraken, working alongside current CEO Dave Ripley. Sethi, who first invested in Kraken in 2019 and joined its board in 2021, will retain his role as chairperson and chief investment officer of Tribe Capital even in his new role at Kraken, according to a person familiar with the matter.