AI

FTX missed out on 0 million after selling Anysphere’s Cursor AI stake for just 0K

FTX missed out on $500 million after selling Anysphere’s Cursor AI stake for just $200K

Leave a Comment / AI, Alameda Research, Bankruptcy, Cursor AI, FTX, Investments /

Bankrupt FTX has missed out on nearly half a billion dollars in potential profit after liquidating its early stake in Anysphere, the company behind the fast-rising AI code editor Cursor. The now-defunct crypto exchange, through its trading arm Alameda Research, had invested $200,000 in Anysphere during its 2022 seed round. However, bankruptcy managers sold the […]

FTX missed out on $500 million after selling Anysphere’s Cursor AI stake for just $200K Read More »

Cai Wensheng Pays 20% Premium, Bets M on Hong Kong AI-Web3 Hub

Cai Wensheng Pays 20% Premium, Bets $84M on Hong Kong AI-Web3 Hub

Leave a Comment / AI, Blockchain News, Hong Kong, News, Web3 /

Key Takeaways: The redevelopment includes an AI-themed café on the first two floors, co-working spaces for local entrepreneurs, and dedicated AI and Web3 studios on the remaining levels.​ The acquisition price per square foot exceeds HK$12,000, marking a more than a 20% premium over similar transactions in the area. The purchase exemplifies a broader trend

Cai Wensheng Pays 20% Premium, Bets $84M on Hong Kong AI-Web3 Hub Read More »

Bittensor Jumps 19% in AI Token Frenzy—Can $TAO Crack 0?

Bittensor Jumps 19% in AI Token Frenzy—Can $TAO Crack $500?

Leave a Comment / AI, Crypto Market, Price Analysis, TAO /

Artificial intelligence-themed cryptocurrencies are riding a fresh wave of bullish momentum. Tokens like Bittensor ($TAO) and Artificial Superintelligence Alliance ($FET) have surged over 15% in the past week, with gains continuing at the time of writing. The rally comes even as NVIDIA, the world’s largest AI computing company, announced it would exclude crypto-linked startups from

Bittensor Jumps 19% in AI Token Frenzy—Can $TAO Crack $500? Read More »

Subscribe
Subscribe