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But when Sam Altman, the CEO of OpenAI, says an AI-fueled “fraud crisis” is imminent in banking and finance, it would be reckless to ignore him. This isn’t science fiction. It’s not ten years away. It ...
OpenAI chairman Bret Taylor warns of the high costs of developing new AI models and advises collaboration with established companies.
OpenAI's Sam Altman cautions that AI voice cloning poses a fraud threat to financial institutions, echoing cybersecurity ...
Vlad Tenev said Robinhood is dead set on expanding its tokenized stock offerings, despite warnings from the SEC about the ...
Robinhood Markets Inc. (HOOD) launched tokenized versions of over 200 U.S. stocks and exchange-traded funds (ETFs) for European customers, including private companies like OpenAI and SpaceX, ...
Robinhood faces fresh pressure from a Florida investigation and regulator scrutiny of the company’s OpenAI and SpaceX tokenized stock products.
Efforts to tokenize pre-IPO stocks, like what Robinhood is doing with OpenAI, may help unlock liquidity in private markets, but the structure likely qualifies as a security, carries bankruptcy risk ...
A tech watchdog has lodged a formal complaint against OpenAI with the Internal Revenue Service — warning that CEO Sam Altman looks poised to reap a stake worth billions in violation of US tax… ...
Instead, it kicked off a firestorm. OpenAI quickly distanced itself from the offering, warning that Robinhood’s tokens “do not represent equity in the company” and stating on X that “any transfer of ...
Robinhood's tokens offering exposure to OpenAI are not actual equity but are backed by a special purpose vehicle. OpenAI has stated that any transfer of equity requires their approval, which has ...
Robinhood is in talks with EU regulators over its tokenized stock trading amid OpenAI’s criticism. The tokenization market is rapidly expanding worldwide.