FTX cleared to repay nearly all customers 119% of allowed bankruptcy claims: CNBC Crypto World

FTX cleared to repay nearly all customers 119% of allowed bankruptcy claims: CNBC Crypto World


Share

CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s show, Asymmetric’s Joe McCann discusses the catalysts driving bitcoin, which has been stuck in a tight range since the start of Q4.



Source

Inside the Gulf’s trillion-dollar AI gamble
World

Inside the Gulf’s trillion-dollar AI gamble

With energy and cash to spare, the Middle East’s wealthy Gulf states are attempting to position themselves as the next global AI hub. Source

Read More
Dow drops 400 points as AI stocks resume their decline, Nasdaq falls 1.9%: Live updates
World

Dow drops 400 points as AI stocks resume their decline, Nasdaq falls 1.9%: Live updates

A trader works on the floor of the New York Stock Exchange. NYSE U.S. stocks retreated on Thursday as names in the artificial intelligence trade came under pressure yet again amid worries around eye-watering valuations. The Dow Jones Industrial Average slipped 455 points, or 1%. The S&P 500 traded down by 1.2%, while the Nasdaq […]

Read More
Alibaba-backed Moonshot releases its second AI update in four months as China’s AI race heats up
World

Alibaba-backed Moonshot releases its second AI update in four months as China’s AI race heats up

Alibaba-backed Chinese startup Moonshot has launched one of the more popular generative AI chatbots called Kimi. Sopa Images | Lightrocket | Getty Images Chinese startup Moonshot on Thursday released its latest generative artificial intelligence model which claims to beat OpenAI’s ChatGPT in “agentic” capabilities — or understanding what a user wants without explicit step-by-step instructions. […]

Read More