Sam Altman, CEO of Open AI, the firm behind text-based artificial intelligence (AI) platform ChatGPT, made some striking comments for SVB.
Sam Altman, CEO of Open AI, the firm behind text-based artificial intelligence (AI) platform ChatGPT, made some striking comments for SVB.
A Silicon Valley Bank (SVB) analysis by economists revealed that 186 banks may be prone to similar risks.
Silicon Valley Bank, which has started to shake the global financial markets in the past days, has officially filed for bankruptcy.
The President of the United States of America, Joe Biden, made a speech on the recent banking crises.
Billionaire Bill Ackman warned the US government, “Fix the problem within 48 hours or face destruction.”
After the closure of Silicoin Valley Bank (SVB), problems with deposits continue to be experienced.
Traders were also stumped during the USDC tremor, and a DeFi trader lost millions during an altcoin swap.
Silvergate has officially declared bankruptcy. Industry experts predict the bankruptcy will extend to banking services such as Silicon Valley Bank.
