Chinese AI company MiniMax releases new models it claims are competitive with the industry’s best

Chinese companies continue to release AI models that rival the capabilities of systems developed by OpenAI and other U.S.-based AI companies. This week, MiniMaxa startup supported by Alibaba and Tencent which has raised approximately $850 million in venture capital and is valued at over $2.5 billion, made his debut three new models: MiniMax-Text-01, MiniMax-VL-01 and…

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Crypto Mogul Do Kwon, known as “The Cryptocurrency King”, pleads guilty to accusations of fraud | Business

NEW YORK (AP)-The South Korean cryptocurrency magnate Do Kwon pleaded guilty on Tuesday with two fraud accusations resulting from the collapse of $ 40 billion in a cryptocurrency ecosystem that had promised investors that their money was sure. Kwon, 33, nicknamed by some like “the king of cryptocurrency”, pleaded in the Federal Court of Manhattan….

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