Based out of Abu Dhabi Global Market (ADGM), the emirate’s financial centre, Coinbase has been granted a license to arrange investment deals and provide custody for tokenized securities. Custody essentially means safely holding and managing the digital ownership records for assets and is therefore important for giving institutional investors confidence. Tokenization has been rapidly gaining
UnitedHealth Group is contesting an Internal Revenue Service proposal to increase its taxable income over how it priced transactions with one of its foreign subsidiaries, a dispute the company disclosed in a quarterly filing in May and repeated in its August filing. The notices cover transactions between UnitedHealth and a foreign subsidiary from the 2017
OpenAI said it paused some aspects of AI training for two weeks following the July incident in which its AI models broke out of a controlled test environment and hacked the systems of AI company Hugging Face and four other unnamed services. The company also announced new protocols that it says are designed to prevent
Silicon Valley made a fortune betting on disruption. Now some of the most recognizable names in venture capital and Big Tech are spending millions to disrupt California’s plan to tax them. Campaign finance records show Palantir cofounder Peter Thiel, crypto billionaire Chris Larsen, Google cofounder Sergey Brin, and longtime venture capitalist John Doerr donated to
Hello and welcome to Eye on AI. In this edition: OpenAI details two week training pause, more security controls following Hugging Face hack. Anthropic on course for $65 billion in annual revenue. OpenAI debuts ChatGPT for teens. Can AI models figure out the rules of the game? I’m just back from three weeks of vacation.
Experienced CEOs know that brand equity can be a company’s most valuable asset, one that often doesn’t appear on the balance sheet. Companies build trust, credibility, and goodwill over decades through consistent performance. But as any chief executive knows, the strongest brands are rarely destroyed by their competitors. More often, brands are weakened by a