Investors in IREN, formerly Iris Energy, sued the crypto miner, accusing it of overstating its high-performance computing ability and business prospects.
AI news
Despite increasing revenue, OpenAI is expected to continue operating at a loss until 2029, as the cost of scaling advanced AI models remains steep.
Elon Musk has promised a fully autonomous vehicle for nearly a decade but Tesla has yet to deliver.
The SEC alleged that Rimar’s executives overstated the company’s AI capabilities.
The new AI-powered tool, customized specifically to target crypto exchanges and financial platforms represents “a new level of sophistication” in fraud, says cybersecurity firm Cato.