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OpenAI to expand ‘capped for-profit’ status to woo whale investors — report
30.8.2024
The change comes amid reports the firm plans to hold an investment round at a valuation of more than $100 billion.
OpenAI to expand ‘capped for-profit’ status to woo whale investors: Report
30.8.2024
The change comes amid reports the firm plans to hold an investment round at a valuation of more than $100 billion.
Openai Reportedly Mulling For-Profit Shift
16.6.2024
Openai, the artificial intelligence (AI) company, is considering shifting to a for-profit model, according to The Information. Sam Altman, CEO of the company, is said to be contemplating this decision and taking Openai’s non-profit board out of the picture, given that it would not have...
OpenAI reportedly considering shift to for-profit as CEO stacks board
15.6.2024
The reported discussions come as the company adds a former NSA director to its board
Memes for profit: Best meme coin to buy today’s market
10.4.2024
Meme coins have helped people make millions and even billions with a $1000 investment. Especially when meme coins are experiencing bullish momentum, who wants to be left with a bag of kibble at the end of the ride? So, without losing a breath, let’s explore the best meme coin to buy in 2024:...
Asset Manager ProShares Introduces SETH ETF for Profiting from Ether Price Drops
3.11.2023
Major US-based Exchange Traded Fund (ETF) provider Proshares has just launched a new short Ether (ETH) product. The new ETF, called the ProShares Short Ether Strategy ETF with the ticker $SETH, will allow investors to profit as the price of Ether declines. Ether is the native currency that powers...
Hidden treasures: Top sub-$1 coins for profitable investments
20.10.2023
In the crypto world, sub-$1 coins often fly under the radar but can hold significant potential. Let’s explore three such coins—Stacks (STX), VC Spectra (SPCT), and Curve DAO (CRV) which are priced under $1. From Stacks’ innovative Layer 2 solution to VC Spectra’s decentralized...
Strategies for profitable perpetual futures trading
18.8.2023
Perpetual futures trading is a type of derivative trading that utilizes contracts to deliver an underlying asset at some point in the future. These derivatives allow traders to speculate on price movements and take advantage of short-term market swings without purchasing or selling any underlying...
‘Is that legal?’ — Elon Musk chides OpenAI's for-profit pivot after $50M investment
17.5.2023
OpenAI was originally formed as a non-profit entity to ensure it was free to achieve its stated goal, it formed a for-profit company back in 2019
Pfizer-Backed VitaDAO Votes on Creating For-Profit Company to Fund Longevity Research
5.4.2023
The DAOs native token, VITA, rose 3% on news the community was considering the proposal
Federated Learning Consortium (FLC) for Decentralized AI to Launch in Hong Kong, Led by Phoenix and APEX Technologies
23.2.2023
PRESS RELEASE. After over a year of preparation and restructuring, decentralized and privacy-enabled AI organization Federated Learning Consortium (FLC) is set to launch as a for-profit research consortium in Hong Kong, China, shifting from a previously non-profit approach. FLC is set to be led...
Bitcoin’s Total Hashrate Slides Lower in December as BTC Miners Struggle for Profits
2.12.2022
While bitcoin prices have been lower than the estimated cost of bitcoin production, the network’s hashrate has dropped a great deal since mid-November. Presently, the total hashrate dedicated to the Bitcoin network is coasting along at 236 exahash per second (EH/s) after dropping below...
ShareRing to Showcase the “ShareRing Access: Events” Feature as the Sponsor and Tech Partner of the 2022 Profit4Life Event
27.7.2022
ShareRing, a digital identity Blockchain ecosystem, is the official sponsor and tech partner of this year’s Profit4Life event. They shared this news In a recent Twitter announcement. The Profit4Life one-day event will take place this Saturday, July 30, 2022, in Florida, United States. As part...
Crypto Conference DeFiCon 2021 to Be Hosted on December 18-19 in Brooklyn, NYC
5.12.2021
PRESS RELEASE. The next crypto conference lighting up the season is DeFiCon 2021, hosted on December 18-19 in Brooklyn, NYC. As a nonprofit conference, DeFiCon steers away from the typical corporate and for-profit conference model. All of DeFiCon’s net proceeds will be donated to charity....
Cape Cod’s Largest Hospital Gets Bitcoin Donations Worth $800K
23.2.2021
One of Cape Cod’s largest hospitals received two bitcoin donations this year totaling $800,000 in value. The Massachusetts-based not-for-profit medical centre (NPO), Cape Cod Healthcare, explained that an anonymous donor donated $400k last Friday and the NPO received a $400k bitcoin donation...
Bitcoin Mining Rigs Struggle for Profits, Despite BTC’s Hashrate Reaching an All-Time High
16.10.2020
Bitcoin’s hashrate climbed to an all-time high (ATH) this week touching 166 exahash per second (EH/s) on October 14. Meanwhile, despite the recent price rise and hashrate ATH on Wednesday, only a small group of next-generation mining rigs are profiting at current bitcoin exchange rates....
SEC Alleges John McAfee Pumped Tokens for Profit
5.10.2020
John McAfee allegedly received $11.6 million in bitcoin and ether for pumping ICOs in 2017 and 2018
Filipino Crypto Scammers Are Impersonating Government Officials for Profit
22.6.2020
The Philippines Department of Finance warns people that Bitcoin Revolution uses government officials’ names to spread fake news endorsing their business
OpenLaw to Unveil the First For-Profit DAO “The LAO” For Funding Blockchain Projects and Start-ups
5.9.2019
OpenLaw, the commercial operating system for blockchain, will be unveiling the first for-profit limited liability DAO (Decentralized Autonomous Organization), referred to as the LAO, to let members invest in the upcoming Ethereum ventures and make a profit. The official announcement was made...
Ether is Shariah-Compliant Until it's Used For Profit - Scholars
29.8.2019
A prominent Shariah advisory firm specializing in Islamic finance solutions, Amanie Advisors, in collaboration with Ethereum Foundation, looked into the Ethereum platform and its native currency Ether, to try and ascertain if they violate any prohibition and if they are permissible for the Islamic...