The financial regulators in the Bahamas have won a court ruling and appointed liquidators for the FTX unit in the country. The company currently has more than $13 billion in liabilities.
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Microsoft has collaborated with PricewaterhouseCoopers to deliver a report, describing the potential growth in global GDP and reduction in greenhouse gas emissions if AI is fully utilized.
A new report from PwC has suggested that we could see artificial intelligence contribute $15.7 trillion to the global economy by 2030. China and North America are expected to be big beneficiaries.