Amazon has reportedly agreed to invest up to $4 billion in Anthropic, an artificial intelligence startup, as the e-commerce giant ramps up competition with Microsoft, Meta, Google, and Nvidia in the burgeoning AI sector. According to TechCrunch, the massive investment underscores Amazon’s aggressive expansion into generative AI. Initially, Amazon will inject $1.25 billion for a The post Amazon invests $4B in OpenAI alumni Anthropic, launching AI cloud war with Microsoft and Google appeared first on CryptoSlate.

According to an interview with CNBC, Ethereum co-founder Vitalik Buterin believes cryptocurrencies currently provide the greatest utility in emerging economies. While developed nations often view crypto as a speculative investment, Buterin claims its most meaningful use cases exist in lower-income countries. As CNBC reported, Buterin told them that crypto helps provide developing nations with essential The post Vitalik Buterin sees crypto utility growing in developing world, wary of CBDCs, exchanges appeared first on CryptoSlate.

Crypto analytics platform Nansen has revealed that a bad actor accessed its admin system to provision customer accounts. On Sept. 20, a security breach by one of Nansen’s third-party vendors led to compromised customer access, underscoring the ever-present digital risk, particularly in the continually evolving arena of blockchain technology and cryptocurrency. According to a post The post Nansen Warns Of Potential Phishing Attacks Following Vendor Security Incident Exposing Customer Data appeared first on CryptoSlate.

The growing intersection of Bitcoin and the energy industry is unveiling various unexpected opportunities that could potentially facilitate global energy transition, according to a report by Dylan Campbell and Alexander Larsen of IRM Energy and Renewables Group (SIG). The authors of the new paper entitled “Bitcoin and the Energy Transition: From Risk to Opportunity” argue The post Bitcoin Has Potential To Create ‘Energy-Abundant Future’ New Report Concludes appeared first on CryptoSlate.

Binance and its founder, Changpeng Zhao (CZ), have filed a motion seeking to dismiss the lawsuit brought against them by the Securities and Exchange Commission (SEC). The SEC filed suit in August, claiming Binance sold cryptocurrencies that should have been registered as securities. The tokens named in the case include Binance Coin (BNB), Binance USD The post SEC Lawsuit ‘A Year Too Late’ Binance Claims As It Seeks To Dismiss appeared first on CryptoSlate.