Iain Martin, Forbes Staff

Just four weeks after launching, a team of former Meta and Google artificial intelligence researchers raised $113 million in June for a new AI startup.

The Himalayan Kingdom quietly spent millions building its own bitcoin mining operation. Now, satellite imagery reveals the mine’s secret locations.

The so-called stablecoin has bankrolled German bitcoin miner Northern Data’s pivot to powering AI startups with a purchase of 10,000 of Nvidia’s top of the line AI chips.

Bart Stephens, cofounder and managing partner of crypto fund Blockchain Capital who was an early and prominent evangelist for cryptocurrencies, has filed a lawsuit against an anonymous hacker who stole $6.3 million of bitcoin, ether and other cryptocurrencies from his digital wallets.

JP Morgan Chase’s chief executive says the bank made mistakes in its $US175m acquisition of student financial aid startup Frank.