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Microsoft Ventures into Nuclear Energy to Power AI Development
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Microsoft Ventures into Nuclear Energy to Power AI Development

Microsoft is venturing into nuclear energy to support its growing AI and cloud computing needs. The company has posted a job listing for a Principal Program Manager in Nuclear Technology, focusing on the development of an energy strategy based on SMRs and microreactors. While this move aims to address the energy-intensive nature of AI models, it also raises questions about the environmental and logistical challenges associated with nuclear energy.

Amazon Invests $4 Billion in AI Startup Anthropic for Advanced Foundation Models
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Amazon Invests $4 Billion in AI Startup Anthropic for Advanced Foundation Models

Amazon and AI startup Anthropic have entered into a $4 billion investment agreement to develop advanced foundation models. The collaboration will provide Anthropic with AWS resources and allow Amazon to build on Anthropic's AI models. Both companies are committed to AI safety and responsible scaling.

Titanium Blockchain CEO Sentenced to Four Years in Prison
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Titanium Blockchain CEO Sentenced to Four Years in Prison

Michael Stollery, the CEO of Titanium Blockchain, has been sentenced to four years in prison for his involvement in a cryptocurrency fraud scheme that raised approximately $21 million through an initial coin offering (ICO) in 2018. Stollery pleaded guilty to securities fraud, admitting to falsifying aspects of TBIS’ whitepapers, planting fake client testimonials on the TBIS website, and commingling ICO investors’ funds with his own.

Titanium Blockchain's CEO Pleas Guilty of ICO Fraud worth $21m
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Titanium Blockchain's CEO Pleas Guilty of ICO Fraud worth $21m

Michael Alan Stollery, CEO of Titanium Blockchain Infrastructure Services Inc. (TBIS), has been convicted of involving multiple fraudulent accounts in a 2018 initial coin offering (ICO).

Nium Pairs with Bitpay to Launch API-based Solution, Enhancing Crypto Payments for Business
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Nium Pairs with Bitpay to Launch API-based Solution, Enhancing Crypto Payments for Business

Payments platform Nium has launched an API-based solution called "Crypto Accept", which aims to provide crypto payments to businesses around the world.

Millennium Management Hedge Fund Gains Exposure to Bitcoin through Grayscale
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Millennium Management Hedge Fund Gains Exposure to Bitcoin through Grayscale

Millennium Management has gained exposure to Bitcoin (BTC) through Grayscale Bitcoin Trust (GBTC).

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