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FTX Recovery Trust to Distribute $1.6B To Eligible Creditors By September 30th
The FTX Recovery Trust has confirmed it will distribute approximately $1.6 billion to eligible creditors as part of its third major payout under the...
OpenAI Study Finds AI Hallucinations Are a Mathematically Unavoidable, Drawing Contrast With Rivals’ Claims
In a shift from what it formerly held, OpenAI has acknowledged that hallucinations—instances where artificial intelligence generates plausible but false information—are not only common...
US Economy Outlook and Reading the Market Signals, From Post-Pandemic Surge to 2025 Slowdown
A young professional asked me, “Sir, what is your outlook on the US economy, considering the changes we’re seeing, including the recent reforms on...
China’s DeepSeek Says Bargain-Basement AI Training for R1 Model Costs $294,000
Chinese AI startup DeepSeek last week put a bold marker down, claiming it trained its R1 AI model for just $294,000 using a cluster...
Robinhood Ventures and RVI Could Reshape Retail Investing By Opening Private Markets
Robinhood announced "Robinhood Ventures" introducing Robinhood Ventures Fund I (RVI)—a closed-end fund designed to give everyday retail investors exposure to private companies, traditionally reserved...