Thursday, December 22, 2022

FTX collapse: Sam Bankman-Fried's associates Ellison, Wang plead guilty to criminal charges

The US Attorney for the Southern District of New York Damian Williams said in a statement on Wednesday night that Ellison and Wang had been charged “in connection with their roles in the frauds that contributed to FTX’s collapse.”

from Tech-Economic Times https://ift.tt/LAxQZ10

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Elon Musk's Tesla, SpaceX launch Terafab chips project; here's all you need to know

The project envisages setting up space-based AI computing, enabled by solar-powered satellites that could host data centres in orbit. From 1...