— AI, Hedge funds
Leopold Aschenbrenner is back to losing money in AI stocks
CNBC revealed on Friday that Leopold Aschenbrenner was buying AI equities again. By Monday, every one of his six stocks was falling.
Results for Crypto, AI
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Anthropic’s AI doomsayer worked at Ripple
Anthropic worker Evan Hubinger, who used to work at Ripple, went viral after claiming there's a 10% chance AI could destroy humanity.
Harmony shuts down over AI fears, but will it be safer on Ethereum?
Following an August exploit, on top of 2022’s bridge hack, Harmony has decided it might be safer over on Ethereum mainnet.
Vibe coders faced with frontier AI outage
AI users have taken to X to claim that they can't get models run by Anthropic, X, OpenAI, and Google to work.
KLA Corp insiders cashed out $64M while stock slid 40%
As KLA Corporation stock lost 40% and an estimated $160B in market value from its peak, insiders sold over $64M worth of stock.
Jefferies slashes SanDisk price target 42% despite record earnings
SanDisk posted record revenue, record margin and a $14B share buyback, and Jefferies cut $1,250 off its stock price target.
Credit default swaps forecast AI bankruptcies
CDS spreads are deteriorating across mega-cap AI stocks including Alphabet, Amazon, Meta, and SpaceX, which all hit record spreads this week.
Search engines fix Claude leak but Perplexity users’ files still online
Perplexity Computer outputs from unwitting customers were accessible by querying Google, Bing, and DuckDuckGo search engines this morning.
AI firm ORO says North Korean hacker stole $600K worth of crypto
ORO revealed that it lost $630K in crypto when a North Korean hacker tricked a staff member into installing a malicious Microsoft extension.
South Korea’s stock market is officially more volatile than BTC
South Korea’s stock market index, KOSPI, now swings harder on an average day than BTC, with higher annualized realized volatility.