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Techub News reports that Barclays Bank has announced an expansion of its partnership with AI startup Anthropic, aiming to further integrate Anthropic's AI technology on a global scale. This move is intended to enhance Barclays Bank's operational efficiency and potentially strengthen Anthropic's market position and valuation. (Crypto Briefing)
Techub News reports that the U.S. Securities and Exchange Commission (SEC) today sued private fund advisor Meyer Global Management LLC (MGM) and its CEO Owen E.H. Meyer, alleging that they defrauded investors and funds managed by MGM in investments involving SpaceX and other Pre-IPO securities. The SEC charged that MGM and its CEO made false statements, failed to disclose conflicts of interest, and misappropriated fund assets while marketing and operating two private funds focused on Pre-IPO investments to retail investors. (SEC press release)
According to Techub News, following a policy reversal by the White House, the UK has regained access to major US AI models before their public release. This move aims to strengthen collaboration between the UK and the US in the field of artificial intelligence, enhance global AI safety regulation, and reduce the risk of fragmented international model releases. (Crypto Briefing)
Techub News reports that KuCoin, a leading global crypto platform, today launched KuCoin 5.0, a comprehensive platform upgrade designed to embed trust into every aspect of users' trading, asset management, and interactions. This version enhances platform reliability by strengthening security mechanisms and optimizing user interface design. (PR Newswire)
Techub News reports that Chinese regulatory authorities have implemented new guardrail measures for AI companion chatbots due to concerns over social stability risks. This move could reshape global technology norms and affect AI development and user engagement strategies. (Crypto Briefing)
Techub News reports that US officials have raised concerns over Nvidia's regulatory measures in preventing high-end chips from being illegally transported into China. This could potentially lead to stricter controls on chip exports by the US, affecting the global chip trade and the geopolitical technology landscape. (Crypto Briefing)
Techub News reports, OKX has announced the launch of QUANTUSDT perpetual contract trading. Quant Network is dedicated to building programmable money infrastructure, connecting banks, blockchain, tokenized deposits and traditional payment channels through Overledger and QuantNet.
Techub News reports that Cboe Global Markets is considering launching perpetual futures based on the Cboe Volatility Index (VIX). Rob Hocking, Cboe's Global Head of Derivatives, stated that perpetual futures could provide a solution to directly trade the VIX spot level, but the company will wait for further clarity on the regulatory framework for perpetual futures from U.S. regulators before proceeding. Cboe currently offers VIX futures and options products; Hocking noted that perpetual futures allow leveraged trading but do not have the asymmetric payoff structure compared to options. (WuBlockchain)
Techub News reports that Iliad Solutions, a provider of payment testing and certification technology, has hired Micah Kerr as Chief Technical Sales Consultant to continue expanding its operations in the United States. Micah Kerr previously worked at Discover Global Payment Network, which is part of Capital One. (Finextra Crypto Channel)
Techub News reports that Gresham, a financial data automation company, has announced the launch of its new AI self-service application, Control Studio, for its Control reconciliation product. The application aims to streamline complex financial reconciliation processes using artificial intelligence. Gresham is a globally leading company providing enterprise data automation solutions for the financial services industry. (Finextra Crypto Channel)
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