OpenAI CEO Sam Altman wants an international agency to regulate artificial intelligence. Altman said an agency approach would be better than inflexible laws given AI’s rapid evolution. He compared AI to airplanes, emphasizing the need for a safety testing framework. OpenAI CEO Sam Altman says he’s keen on regulating AI with an international agency. “I […]
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Sam Bankman-Fried Agrees to Help FTX Investors Go After Celeb Promoters
Sam Bankman-Fried has inked a settlement agreement with a group of FTX customers who have agreed to drop their class action lawsuit against him in exchange for his help going after celebrity promoters of the collapsed exchange. The agreement, filed in a Miami court on Friday, has not yet been approved by a judge. If […]
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After client’s death, Sam Randazzo’s attorney blasts Ohio Attorney General Dave Yost
This story contains a discussion of suicide. If you or a loved one is in crisis, dial 988 for help. An attorney for former Public Utilities Commission of Ohio chairman Sam Randazzo, who died in an apparent suicide Tuesday, lashed out at Ohio Attorney General Dave Yost and his team, saying their high-profile approach was […]
New Zealand record cap Sam Whitelock to hang up rugby boots at end of season
New Zealand’s record cap holder Sam Whitelock has announced that he will retire from rugby at the end of this season. The 35-year-old lock, who currently plays for French club Pau, will call time on his career when the Top 14 campaign finishes. Whitelock won 153 caps for the All Blacks, a figure only bettered […]
Sam Bankman-Fried says he never thought what he was doing at FTX was illegal
Sam Bankman-Fried says he’s “haunted, every day” by what happened at FTX. The disgraced crypto mogul told ABC News that he never thought what he was doing was illegal. Bankman-Fried was convicted of seven criminal counts and sentenced to 25 years in prison last week. Former FTX CEO Sam Bankman-Fried says he “never intended to hurt […]
OpenAI Billionaire Sam Altman Has Invested in These 4 Tech Stocks. Which Is the Best Buy Now?
There may be no more important business leader these days than OpenAI CEO Sam Altman. Altman’s company kicked off the artificial intelligence (AI) boom with the launch of ChatGPT in November 2022, and since then it’s remained at the cutting edge of generative artificial intelligence. It’s received an estimated $13 billion in investments from Microsoft […]
Sam Crish’s motion to reduce sentence is denied
Mar. 29—TOLEDO — A federal judge has ruled that former Allen County Sheriff Sam Crish is “not worthy” of a reduction in the prison sentence he is currently serving for accepting bribes and extorting individuals to cover his gambling debts. Crish, who served eight years as Allen County’s sheriff and was elected three times, was […]
Sam Bankman-Fried appeared to wipe away tears during sentencing while his dad held his head in his hands and his mom stared out the window
Sam Bankman-Fried’s parents, Joseph Bankman and Barbara Fried, face reporters outside a federal courthouse after he was sentenced to 25 years in prison.DAVID DEE DELGADO/Getty Sam Bankman-Fried, former CEO of FTX, was sentenced to 25 years in prison on Thursday. He wiped his red eyes while his parents hung their heads or looked out the […]
How Sam Bankman-Fried’s 25-year sentence compares to Bernie Madoff and Elizabeth Holmes’s jail time
Sam Bankman-Fried’s sentence of 25 years puts him in the same league as other well-known financial fraudsters, including, clockwise from upper left, Bernie Madoff, Lawrence Duran, Bernie Ebbers, Allen Stanford and Jeffrey Skilling. – MarketWatch photo illustration/Getty Images With a sentence of 25 years in prison, Sam Bankman-Fried joins a list of notorious white-collar criminals […]
Judge thrashes Sam Bankman-Fried for claiming FTX customers didn’t lose any money before handing down 25-year sentence
Sam Bankman-Fried, the jailed founder of bankrupt cryptocurrency exchange FTX, sits with his lawyers Torrey Young and Marc Mukasey.REUTERS/Jane Rosenberg Sam Bankman-Fried’s lawyers claimed that FTX customers had “zero” losses when the exchange collapsed. They argued in favor of a light sentence for the convicted crypto mogul on Thursday. The judge was not persuaded. The federal […]