Senators urge Synapse’s owners, partners, and VC backers to restore customers’ access to their money

A group of senators has banded together to urge Synapse’s owners and bank and fintech partners to “immediately restore customers’ access to their money.” As part of their demands, the senators implicated both the partners and investors of the company as being responsible for missing […]

Anthropic looks to fund a new, more comprehensive generation of AI benchmarks

Anthropic is launching a program to fund the development of new types of benchmarks capable of evaluating the performance and impact of AI models, including generative models like its own Claude. Unveiled on Monday, Anthropic’s program will dole out grants to third-party organizations that can, […]

Silvergate Bank didn’t adequately monitor $1 trillion in crypto transactions, SEC says

Illustration by Alex Castro / The Verge Silvergate Bank, once a cornerstone of the crypto financial world until its collapse in early 2023, defrauded its investors by lying about its anti-money laundering controls and misleading investors about how the fallout from the FTX collapse would […]

Anthropic looks to fund a new, more comprehensive generation of AI benchmarks

Anthropic is launching a program to fund the development of new types of benchmarks capable of evaluating the performance and impact of AI models, including generative models like its own Claude. Unveiled on Monday, Anthropic’s program will dole out grants to third-party organizations that can, […]