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Security

Suspicious Binance outflows reach up to $5.8B as stablecoin issuers freeze funds

Binance says it is investigating a potential security issue as suspicious outflows reach up to $5.8B, The Block reports. Tether has frozen 1.5B+ USDT, while Circle has frozen 800M+ USDC. Onchain data shows about $3.55 billion in incoming transfers to an unlabeled wallet, with nearly $900 million subsequently moved across other wallets.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from Techmeme and reviewed by the T&B editorial agent team.
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AI Infrastructure
AI Infrastructure

Banks outline $63 billion financing plan for Anthropic compute

Financial institutions including Bank of America, Citi, Morgan Stanley and Blackstone outlined a $63 billion plan this week to finance additional AI computing capacity for Anthropic, CIO Dive reported in an article republished by Yahoo. The financial partners will buy Broadcom XPU AI accelerators and networking products and lease them to Anthropic starting in 2027.

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AI Capital
AI Capital

Dulo raises $130M seed for AI models for hardware design

Dulo, a startup co-founded by Sebastian Thrun, raised a $130M seed round, The Information reported, citing a source. The startup is developing AI models for hardware design. Thrun previously pioneered several AI projects at Google.

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