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The Hang Seng Tech Index fell further to 4%, with MINIMAX-W (00100.HK) dropping more than 10%.Blue Cloud Software Technology Solutions has signed a $150 million master services agreement with SpaceX (SPCX.O) Malaysia.According to Axios: Sources have confirmed that Luke Metz, a renowned AI researcher and former OpenAI employee, has joined Meta Platforms (META.O) Super Intelligence Lab.On August 24th, it was reported that Alibaba DAMO Academy, in collaboration with Shengjing Hospital of China Medical University and other institutions, recently developed DAMO LiON, an AI model for diagnosing liver cancer. This model can identify tiny liver cancer lesions through CT imaging. In a two-month real-world prospective clinical trial, DAMO LiON discovered 15 previously missed malignant tumors, the vast majority of which were lesions around 1 cm in size, helping patients receive timely surgical or drug treatment. The related paper was published in the top international academic journal *Nature Medicine*.August 24th - According to The Information, sources familiar with the matter revealed that Nvidia (NVDA.O) is in talks to invest in AI startup Perplexity as part of an equity funding round, which would value the company at over $30 billion. This funding round would amount to several billion dollars, representing a more than 50% increase in valuation compared to Perplexitys previous funding round a year ago. Sources stated that Perplexitys annualized revenue has grown from less than $250 million at the beginning of the year to over $750 million, partly thanks to its AI agent, Perplexity Computer. Nvidia has previously invested in Perplexity multiple times, and Jensen Huang has stated in interviews that he frequently uses Perplexity as his preferred chatbot. Perplexity has raised over $1.7 billion in total from Nvidia and other investors including New Enterprise Associates, Accel, and SoftBank.

New FTX chief says bankrupt crypto exchange could restart

Skylar Shaw

Jan 20, 2023 11:43

According to Chief Executive Officer John Ray, the bankrupt cryptocurrency exchange FTX is considering ways to resurrect its operations. He made the announcement to the Wall Street Journal on Thursday.


According to Ray, who took over the company's leadership in November, a task group has been established to look at reviving FTX.com, the organization's primary international exchange.


The CEO also said in an interview with the Journal that he would research if resurrecting FTX's international exchange would generate more value for the company's clients than his team could get by simply selling the platform or liquidating its assets.


Following the news, FTT, the native token of FTX, increased by around 30%.


I'm relieved Mr. Ray is now only pledging to restart the exchange after months of blocking such attempts! Sam Bankman-Fried, the founder and former CEO of FTX, said in a tweet.


Bankman-Fried said, "I'm still waiting for him to eventually acknowledge FTX US is solvent and return clients' money.


An inquiry for comment from Reuters was not immediately answered by an attorney representing FTX.


Bankman-Fried is accused of robbing the exchange's users of billions of dollars to settle debts accrued by his cryptocurrency-focused hedge fund, Alameda Research. He's denied the allegations of fraud.


Customer money' future, however, is still unknown. In a note to creditors earlier this week, FTX said that since declaring bankruptcy in November, hackers had stolen nearly $415 million in cryptocurrency from its worldwide and American exchanges.


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