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Here's the latest tech news from the last 24 hours:

💰 Binance CEO steps down and pleads guilty to money laundering violation
🤖 The End: Sam Altman is back at OpenAI
🧠 Anthropic's ChatGPT rival Claude can now analyze 150,000 words in one prompt
🎥 Stability AI gets into the video-generating game
🔒 YouTube begins fighting ad blockers by slowing down load times
🤑 Nvidia revenue skyrockets as CEO Jensen Huang's wealth hits $44 billion

💰 Binance CEO steps down and pleads guilty to money laundering violationLINK

Binance CEO Changpeng Zhao has stepped down and agreed to a plea deal with the US Department of Justice for money laundering violations.

The company admitted to legal violations and will pay $4.3 billion, while Zhao is fined $50 million and barred from association with Binance for a fixed term.

An independent monitor will oversee Binance's compliance for three years, ensuring adherence to regulations and transparency in operations.

🤖 The End: Sam Altman is back at OpenAILINK

Sam Altman is reinstated as OpenAI's CEO after internal upheaval and negotiations, with support from Microsoft's CEO.

The board of directors responsible for firing Altman is being overhauled, with several members departing and up to six new ones expected to join.

Despite the company's turmoil and questions around Altman's previous conduct, an independent investigation into the matter will be conducted.

🧠 Anthropic's ChatGPT rival Claude can now analyze 150,000 words in one promptLINK

Anthropic released Claude 2.1, which can analyze up to 150,000 words at once, reducing its rate of providing wrong answers known as 'hallucinations'.

The AI can take minutes to process extremely long inputs but is expected to become faster as the technology evolves.

Claude 2.1 now offers developer-friendly features, including a Workbench console for optimizing prompts and integrating with other tools and APIs.

🎥 Stability AI gets into the video-generating gameLINK

Stability AI has introduced Stable Video Diffusion, which animates art by creating short videos from a single image for research use.

The tool outputs video clips of 14-25 frames with limitations in video length, realism, and motion, and it does not yet handle text or faces well.

Concerns persist over the data sources used for training amidst legal challenges, and potential misuse of AI-generated video content remains a risk.

🔒 YouTube begins fighting ad blockers by slowing down load timesLINK

YouTube confirms a five-second delay loading videos is related to its efforts to disable ad blockers, not the browser used.

Although initially thought to be Firefox-specific, users report loading delays in various browsers, attributed to YouTube's ad-blocker detection improvements.

Google is intensifying efforts to combat ad blockers on YouTube by disrupting video playback and encouraging either ad viewing or subscription to its Premium service.

🤑 Nvidia revenue skyrockets as CEO Jensen Huang's wealth hits $44 billionLINK

Nvidia's third-quarter revenue soared to $18.12 billion, a 206% increase year-over-year, with net income rising to $9.24 billion, a 1,259% jump from the previous year.

The company's data center business, including AI products, reached a record $14.51 billion, driving Nvidia's shift in identity from a gaming to an AI-centric firm.

Despite the success, US export controls on AI products to China pose a potential risk to future sales, which could impact around 25% of Nvidia's data center revenue from the region.

Other news you might like

OpenAI attempted a secret merger with Anthropic, offering CEO position to Anthropic's Dario Amodei, who quickly declined.LINK

ChatGPT's voice chat feature is now rolling out to all mobile users, offering realistic conversations with multiple voice options, after initially being exclusive to subscribers.LINK

SpaceX's recent launch includes IVO's Quantum Drive, a solar-powered, fuel-free engine challenging conventional physics, promising unlimited thrust for space exploration.LINK

Sony faces a $7.9 billion UK lawsuit for allegedly overcharging for PlayStation Store games, as the court allows the case to advance to trial.LINK

Spotify's new royalty policy faces backlash as it excludes tracks with less than 1,000 yearly streams, potentially redistributing millions to top artists.LINK

New research indicates carbon removal technologies need accelerated scaling to meet Paris Agreement goals, despite fitting historical growth patterns.LINK

Florida judge finds "reasonable evidence" Tesla was aware of flaws in its self-driving tech but misrepresented its capabilities, allowing unsafe operation.LINK

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