Google Invests in FTX Subsidiary for Nearly $300 Million – Crypto News & Analysis

In this section, find each week the Analyzes And Crypto News don’t miss this week: Google Invests in a Subsidiary of FTX for Nearly $300 Million.


Google Invests in FTX Subsidiary for Nearly $300 Million

The giant Google, through its cloud computing subsidiary Google Cloud, invests approximately 300 million dollars to support the artificial intelligence research startup anthropogenic. At the same time, Anthropic adopts Google Cloud services as the preferred cloud provider to gain computing power.

According to a press release, this should allow the startup to continue its research efforts and use, among other things, the “ learning system developed by Google ” used in its products Google Search And Youtube.

Anthropic is the company behind “ Claudius ” HAVE. This AI is a direct competitor to the AI” ChatGPT which has been rumored for months. Claude was built on the principle of “ Constitutional AI ” introduced by Anthropic. This forces the AI to rely on certain principles of compassion to ensure that it is “ harmless “.

Google Invests – Anthropic, formerly funded by Sam Bankman-Fried

As noted in a New York Times article published in early December, Sam Bankman-Fried led a funding round to fund the startup, completed in April 2022.
After hosting its first fundraising event in its founding year (2021), Anthropic has raised huge funding from $580 million to develop its business. More than $500 million were invested there by Sam Bankman-Fried.

Why such an amount? For reasons “ effective altruism “, it is an idea often invoked by the former CEO of FTX, which is generally believed to have taken root in the early 1970s and was born with the Australian philosopher Peter Singer. In fact, most of Anthropic’s research focuses on security related to AI, in particular the principle of “ Constitutional AI ” mentioned above. This is why SBF and certain members of his entourage wanted to put stones in the building. It’s about mitigating the damage caused by an artificial intelligence that is far too much “ free “.


Betting NFT, what is it?

Betting NFT, what is it?

Big names in the web 3 sector are expected for this second edition of NFT Betting. No one is desensitized to the benefits of NFTs. Whether you are a layman, an expert, a novice or an expert, the topics in this conference and these intensive meetings of two days are sure to keep you hooked. Mods, metaverse, NFT’s, Play To Earn, security, There is something for every taste.

The event will be particularly successful thanks to a program highlighting the possibilities and relevance of future technologies. You will find many conferences made by:

  • Erick Calderon
  • Sebastien Borget
  • Greg Solano
  • John Crain
  • Ian Rogers
  • Benoit Pagotto
  • Inna Modja
  • Camille Kroely

Collectible NFTs, contributors And anonymous NFT experts such as Punk6529 And Loopify. In short, Paris will be at the time of the NFT.

Note that some names may already be familiar to you. In addition to the presence of the cosmetics giant L’Oreal, who has never hidden his ambitions Web3, in Paris, the NFT ecosystem and the Metaverse (Sébastien Borger, CEO of The Sandbox, or Benoit Pagotto, founder of RTFKT) NFT Creation Studio, which was acquired by Nike.


Avalanche helps earthquake victim in Turkey

Avalanche helps earthquake victim in Turkey

At 4:17 a.m. on Monday, February 6, an earthquake of magnitude 7.8 stuns sleeping Turks. A very strong aftershock followed, including one magnitude of 7.5. Since 1999, this particular region near the Syrian border has experienced unprecedented drama in Turkey. Unheard of for over 200 years.

The crypto sector had already shown its efficiency and resilience when the conflict in Ukraine began. It solicits donations in no time and makes traditional vectors look ridiculous. Today the donations flock to the Turkey.

Binance has announced its intention to distribute $5 million to users in Turkey and Syria. Support came from a number of players, including bitget And Bitfinex, with pledges totaling more than $9 million. Following this wave of generosity, the team of the Avalanche also announces a donation of $1 million.

“The Avalanche Foundation has donated $1 million in AVAX tokens to aid relief efforts organized by Haluk Levent[chanteur turc] following the earthquake that affected Turkey and Syria. We encourage everyone to join the effort. »


Google Invests – The crypto of the week – The Graph (GRT)

Crypto of the week - The Graph (GRT)

Since the introduction of Bitcoin, the cryptocurrency market has become a lucrative industry with various projects of blockchain and of cryptocurrency. One of the latest crypto assets to hit the market with unique utility, The Graph, which was founded in 2018 by Yaniv Tal, brandon ramirez And Jannis Pohlmann.


The Graph (GRT) is a open source decentralized indexing protocol for blockchain data. It is designed to allow queries on the network Ethereum. The Graph’s networks also allow developers to create different APIs called subgraphs for individual queries. The protocol solves the problems of security of the queries, of purpose of ownership, of chain rearrangement and other problems solved by subgraphs.

With a Market Cap of 1,271,421,016, a price at 0.1447, the price undergoes this week an increase of 61.40%, causing it to rise to the 40th place in the CoinMarketCap ranking.

Don’t forget to read our news from last week !



This article is not investment advice. Do your own research before investing in the cryptocurrency market.

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