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Sam Altman ousted from OpenAI, hired at Microsoft: What we know so far
The board of directors of OpenAI, the high-flying artificial intelligence start-up, said in a note to employees on Sunday night that its former chief, Sam Altman, would not be returning to his job, while naming his second interim replacement in two days.
Hours later, in another twist in the drama, Microsoft said it was hiring Mr. Altman and Greg Brockman, OpenAI’s president and a company co-founder who quit in solidarity with Mr. Altman. The two men will lead an advanced research lab at Microsoft. Where will Microsoft put its resources now?
By Monday morning, more than 550 of OpenAI’s 700 employees had signed a letter saying they might quit to join Mr. Altman’s new project at Microsoft unless the start-up’s board resigned
Argentina presidential election: far-right libertarian Javier Milei wins after rival concedes
What next for Argentina?
Victory for TV celebrity Javier Milei turned politician catapults South America’s second-largest economy into an unpredictable future.
In a massive shock on Sunday in the Argentina presidential election, far-right libertarian Javier Milei wins after his rival concedes.
Victory for TV celebrity turned politician catapults South America’s second-largest economy into an unpredictable future
Europe’s far right welcomes victory for Milea a volatile far-right libertarian who has vowed to “exterminate” inflation and take a chainsaw to the state.
With more than 99% of votes counted, the Mick Jagger impersonating TV celebrity-turned politician, who is often compared to Donald Trump, had secured 55.69% of the vote compared with 44.3% for his rival, the centre-left finance minister Sergio Massa.
70% of BTC dormant for a year — 5 things to know in Bitcoin this week
It has started Thanksgiving week in the United States with a return to $37,000 as bulls stubbornly refuse to loosen their grip.
With the holiday it is a short week, but there are still some important events to watch. The Fed meeting minutes will be in the spotlight,” financial commentary resource The Kobeissi Letter wrote in part of its weekly forecast.
December tends to be a volatile month that puts in big numbers.
Bound to see a turbulent end of year don't you think!
$100,000,000,000 in TradFi Money Waiting for Bitcoin ETF Approval
The market for a spot Bitcoin (BTC) exchange-traded fund (ETF) could quickly turn into a “$100 billion juggernaut,” according to new estimates from Bloomberg Intelligence.
Jeff Janson of Summit Wealth, which oversees $500 million in assets, says that significant institutional interest is now directed at Bitcoin because of a likely ETF approval.
“I feel like we are now staring down the gun barrel of the SEC finally delivering approval… And my belief is that once you have access to it in that type of a wrapper, I think you’re going to have a significant amount of institutional-level interest.
The million dollar question is of course when.
In a post on social media platform X (formerly Twitter), the founder of Polygon Sandeep Nailwal said that the network handled the spike without experiencing any downtime.
“Polygon handled 16+ million transactions, and the network didn’t even blink.
At its peak, PoS (proof of stake) had a throughput of 255 tps (transactions per second) – that’s around two to three times of the entire ETH ecosystem combined. Total transaction fees generated by the validators are around [$1 million] in a single day, though the gas fees spiked to insane levels.
Block rewards totaled more than 155,000 MATIC, around $1.2 million revenue for validators in a single day.”
But how much were those insane gas fees!.
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