Search results for bankruptcy
AI & Enterprise
GPT-5.6 SOL tops AI online mall test after a year, study finds
Some AI models increased initial assets more than 14-fold in a test that put them in charge of running a virtual online shopping mall for 365 days, while others went bankrupt after failing to manage cash flow, a study found. Researchers provided 18 models with 100,000 yuan each and had them handle tasks from pricing to returns and funding. OpenAI\'s GPT-5.6 SOL ranked first by final assets.
Crypto
Ex-FTX COO slams Netflix FTX collapse drama, says she stopped watching after 30 seconds
Former FTX chief operating officer Constance Wang criticised Netflix’s trailer for an FTX collapse drama, saying it portrayed key people differently from her experience. She said she stopped watching after 30 seconds and found some depictions physically uncomfortable. Netflix plans to release the eight-episode series The Altruists worldwide on Nov. 19. Wang also described launching crypto trading platform Pacifica without outside investment.
AI & Enterprise
Disney moves to hire most staff at bankrupt chatbot startup Character.AI
Disney plans to hire most employees of AI chatbot startup Character.AI, which has sought bankruptcy protection, as it looks to strengthen its in-house AI capabilities. Disney agreed to make job offers to at least 60 staff with total annual compensation estimated at about $60 million. Court filings show most recipients accepted. Disney also agreed to buy some Character.AI assets for $20 million, though the deal is not final and could change in the bankruptcy sale.
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AI & Enterprise
Is neocloud the next WeWork? What is behind the \'AI bubble\' claim
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AI & Enterprise
Benchmark says AI ecosystem not the problem, flags causes of stock swings
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Finance
Samsung Electronics, SK Hynix rebound timing hinges on AI data center funding
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Crypto
FTX-backed SWI Group to sell last three bitcoin mining sites in Kazakhstan, shift to AI infrastructure
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AI & Enterprise
AI chatbot Character.AI seeks bankruptcy protection as Disney places bid
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Crypto
Celsius founder Mashinsky permanently barred from crypto industry in New York settlement
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AI & Enterprise
Warning over Anthropic\'s $2 trillion valuation ahead of Nasdaq IPO
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Industry
MBK cancels 2.4 million Homeplus shares without compensation, wiping out 2.5 trillion won stake
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AI & Enterprise
Flood of legal AI tools leaves task of verifying fake case law
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AI & Enterprise
SpaceX considers buying data from bankrupt startup for Grok training
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AI & Enterprise
Paradox of AI slowdown calls: companies want regulation as governments push back
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Finance
Korea Exchange opens after-market, extends KOSPI and Kosdaq trading to 8 p.m.
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Crypto
Satoshi identity, lost 8,000 bitcoin: 10 of crypto market\'s biggest mysteries
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Crypto
U.S. government sells Anthropic stakes held by FTX insiders, stays silent on proceeds
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Crypto
Bitcoin jumps from $60,000 to $70,000 range; analyst sees pattern like early 2019 and 2023 bull markets