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Sources: Amazon is in talks to invest $10B+ in OpenAI at a $500B+ valuation, with OpenAI using AWS Trainium chips; Microsoft keeps rights to sell OpenAI models (The Information)

The Information : Sources: Amazon is in talks to invest $10B+ in OpenAI at a $500B+ valuation, with OpenAI using AWS Trainium chips; Micr...

24 January 2025

The US SEC revokes SAB 121, a controversial accounting rule that forced banks to treat bitcoin and other tokens as a liability on their balance sheets (MacKenzie Sigalos/CNBC)

MacKenzie Sigalos / CNBC:
The US SEC revokes SAB 121, a controversial accounting rule that forced banks to treat bitcoin and other tokens as a liability on their balance sheets  —  After years of lobbying by the crypto industry, the U.S. Securities and Exchange Commission has rescinded an accounting rule that forced banks …

Posted from: this blog via Microsoft Power Automate.

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