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    Stripe clinches over $7 billion deal to buy AI firm OpenRouter

    The deal, just months after OpenRouter raised money at a reported $1.3 billion valuation, underscores the demand from businesses to find the most cost-friendly AI solutions. It could also give Stripe, a payments processing firm, a stronger footing in the fast-growing artificial intelligence sector.

    Tiger Global’s biggest venture fund has 18% loss after markdowns

    The nearly $13 billion Private Investment Partners 15 fund marked down AI-powered email company Superhuman by 45% and cut its valuation for privacy search engine platform DuckDuckGo by 72%.

    NFT exchanges slash artist royalties to the tune of $1.5 billion as market slump deepens

    Some artists contend that royalty rates should be encoded in the software that governs NFTs rather than being variables that exchanges can adjust.

    Ex-OpenSea manager Nathaniel Chastain convicted in NFT insider trading case

    Chastain was accused of buying NFTs he had decided to feature on the OpenSea website and selling them shortly afterward to make more than $50,000 in illegal profit.

    Ex-OpenSea employee made ‘free money’ off NFTs, prosecutor says

    The charges against Nathaniel Chastain, a former OpenSea product manager, were the first in a series of high-profile cases related to digital assets launched by the US Attorney's office in Manhattan last year.

    Ex-OpenSea manager's trial kicks off in first NFT insider trading case

    The charges against Nathaniel Chastain, a former OpenSea product manager, were the first in a series of high-profile cases related to digital assets launched by the Manhattan US Attorney's office last year. It is considered the first criminal insider trading case involving such assets.

    The Economic Times
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