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The RAISE Act requires AI companies with $500M+ in revenue to publish safety protocols and disclose safety incidents within 72 hours, with fines up to $3M (Isabelle Bousquette/Wall Street Journal)

Isabelle Bousquette / Wall Street Journal : The RAISE Act requires AI companies with $500M+ in revenue to publish safety protocols and di...

31 October 2023

On his final day of testimony, SBF denied knowing that billions of dollars in customer money had been misappropriated until shortly before FTX collapsed (New York Times)

New York Times:
On his final day of testimony, SBF denied knowing that billions of dollars in customer money had been misappropriated until shortly before FTX collapsed  —  The founder of the FTX crypto exchange was grilled by a federal prosecutor for a second day, just before both sides rested their case in the criminal fraud trial.

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