Microsoft’s investment in OpenAI is under scrutiny by the European Commission who want to explore whether they are under EU regulation.
Microsoft’s 49% stake in OpenAI, the maker of ChatGPT, is about to come under scrutiny in Europe. This is because the European Commission has expressed its intention to investigate whether the American technology giant’s investments deserve a review under the European Union Merger Regulation.
In a statement published on the EU website, the commission announced a call for contributions relating to competition in “virtual worlds” and artificial intelligence. In addition, he noted that he had sent “information requests to several large digital players,” without specifying which companies, organizations or individuals they were addressing.
The commission also highlighted that it was “investigating some of the agreements that have been made between large players in the digital market and developers and providers of generative artificial intelligence,” although it did not reveal which companies were being reviewed.
Omesh Agam Joins Chainalysis as Chief Information Security Officer to Drive Global Security
Blockchain analytics company Chainalysis has announced the hiring of Omesh Agam as its new chief information security officer. In this position, Agam will be responsible for leading efforts in security engineering, operations, compliance, as well as other initiatives by Chainalysis’ global security team, according to a statement issued by the firm.
“I look forward to working with the security team and people at Chainalysis to contribute to this important mission. And, I’m excited to dive in and help safely scale the platform and organization,” Agam said.
Prior to joining Chainalysis, Agam served as CISO (Chief Information Security Officer) at professional services firm Celonis for two years and at software company Appian Corporation for three years, according to his LinkedIn profile.
Creditor Group Challenges DCG Statement on Genesis Debt
Despite Digital Currency Group’s (DCG) claim to have settled its debt to bankrupt cryptocurrency lender Genesis, a group of Genesis creditors has filed court papers in the Bankruptcy Court for the Southern District of New York, maintaining that DCG still has significant debt.
According to documents filed on Jan. 8, unpaid interest and late fees amount to $26 million, creditors told the court. Additionally, questions are being raised over the form of payment. Creditors allege that the agreement does not allow DCG to meet its obligations in assets other than USD and BTC, by transferring illiquid instruments that cannot be monetized or distributed to creditors to satisfy their claims.
Bitcoin Heading to the Moon: The ‘Genesis Plate’ Takes Off on a Historic Space Mission with Peregrine 1
Last Monday, an unprecedented event in the history of Bitcoin and space exploration took place with the successful launch of Peregrine 1, the first commercial mission of the United Launch Alliance (ULA).
From NASA’s Kennedy Space Center in Florida, the Peregrine 1 spacecraft began its journey with valuable cargo that includes 20 payloads, highlighting among them the unique “Bitcoin Genesis Plate.”
This extraordinary mission is the result of the collaboration between the exchange BitMEX and the space robotics company Astrobotic Technology, who have joined forces to take Bitcoin and its enigmatic creator, Satoshi Nakamoto, to new heights, literally.
In a press release, BitMEX CEO Stephan Lutz explained that the bitcoin on the moon is a “time capsule” that collects one of the most significant innovations in the history of humanity. “I’m excited to see what awaits us in decentralized finance, where financial systems transcend terrestrial borders and empower individuals across the cosmos.”
By Audy Castaneda
