Stories from San Francisco · United States

Coreweave CSO and CDO founders have exited their positions, with insider sales estimated at approximately $2.3 billion. The company has not yet commented on the departures. The founders of cloud computing firm Coreweave have exited their executive positions. This move follows reports of insider sales of company stock. This move coincides with reports of insider sales, raising questions about the company's future. The reasons behind these departures and sales are currently unclear.

Book authors have filed a lawsuit against NVIDIA, alleging that their works were used to train the company's NeMo large language models. The lawsuit filed by authors against NVIDIA concerning AI training data is proceeding, with initial court filings outlining specific claims of copyright infringement. Authors have filed a lawsuit against NVIDIA, alleging the company used their copyrighted works to train artificial intelligence models without permission. The lawsuit alleges improper use of copyrighted material. The lawsuit claims Apple's AI features were developed using data that infringes on creators' rights. This lawsuit adds to the growing scrutiny of AI data practices. The lawsuit was filed by OpenAI, alleging improper data usage. The lawsuit claims Nvidia's AI models were trained on data scraped from the internet without proper licensing.

Roche has signed a deal with Nurix Therapeutics worth up to $2.3 billion for the development of a BTK degrader drug. Nvidia CEO Jensen Huang has signed new deals for AI chips during his visit to Asia. Specific details of the deals were not disclosed. The specific terms and partners of the deals were not fully disclosed.

Elon Musk has completed his acquisition of Twitter and has renamed the platform X. Musk stated the change is for free speech.

Duck.ai has launched a new private AI service. The service is designed for enterprise use. This service aims to provide users with enhanced privacy features for their artificial intelligence interactions.

AI developer Anthropic has filed for an initial public offering. This move indicates the company's intention to go public. Details of the IPO valuation were not disclosed.

Ride-sharing company Uber is reportedly cutting four thousand employees, representing a reduction in its workforce. This move is part of a broader restructuring effort by the company.

Kraken reported issuing 56 million tax forms, with nearly a third related to transactions under $1. The exchange suggests it is time to fix digital asset taxes, comparing them to stock and security taxation.

Cloudflare has acquired VoidZero, the team behind the Vite project. This acquisition will integrate Vite and other Rust-based toolchains into the Cloudflare Workers platform.

Limits on cryptocurrency investments for non-qualified investors may be adjusted as the market develops. Kraken reported issuing 56 million tax forms, with nearly a third for transactions less than $1.