Crypto exchange FTX, valued last week at $25 billion, recently launched an NFT marketplace by selling an image of the word "Test" for $270,000.
FTX founder and CEO Sam Bankman-Fried tells "Axios on HBO" that he doesn't quite understand the appeal, but adds that he doesn't personally appreciate many visual arts.
Sen. Richard Blumenthal on Sunday appeared on CNN's "Reliable Sources," and took issue with past statements from Facebook officials, suggesting the company welcomed new oversight.
Why it matters: Blumenthal, who chairs the Senate Commerce subcommittee on consumer protections, made his remarks amid a broader discussion on government regulation of the tech industry and new revelations about Facebook's internal practices.
In a post to staffers Saturday obtained by Axios, Facebook VP of global affairs Nick Clegg warned the company that worse coverage could be on the way: “We need to steel ourselves for more bad headlines in the coming days, I’m afraid.”
Catch up quick: Roughly two dozen news outlets had agreed to hold stories based on leaked materials from Facebook whistleblower Frances Haugen for Monday publication — but the embargo fell apart Friday night as participating newsrooms posted a batch of articles ahead of the weekend.
A gusher of Facebook stories hit the web Friday night and will cascade into next week, as a consortium of at least 17news organizations unfurl a series branded "The Facebook Papers," based on documents from whistleblower Frances Haugen.
Driving the news: The consortium's plan was for the stories to begin Monday. But one outlet after another jumped the gun last evening.
From programs that can process a vast amount of data for intelligence gathering to the future of autonomous weapons, AI is becoming key to our operations — and our international competition.
Why it matters: Military dominance in the future won't be decided just by the size of a nation's army, but the quality of its algorithms.
