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Microsoft has the resources for Sam Altman to do the kinds of things he wants to do, says Kate Clark

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Kate Clark, The Information deputy bureau chief, joins 'Squawk Box' to discuss the turmoil at OpenAI, after hundreds of OpenAI employees have reportedly signed a letter demanding the board resign or face an employee exodus to Sam Altman’s new venture at Microsoft. Squawk Box U.S.,CNBC,business news,finance stock,stock market,news channel,news station,breaking news,us … [Read more...]

How I Became A Crypto Billionaire In 5 Years

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Five years ago Sam Bankman-Fried hadn’t bought his first bitcoin, but today, he’s one of the youngest billionaires in the world thanks to the cryptocurrency, and one of the most powerful people in the young but fast-growing crypto industry. Bankman-Fried, who has been touted by some as the next Warren Buffett, still drives his Toyota Corolla, and he tells CNBC that he plans to … [Read more...]

FTX still has $1 billion to deploy, says CEO Sam Bankman-Fried

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FTX CEO Sam Bankman-Fried went from buying his first bitcoin to becoming a multibillionaire in just the past five years. CNBC's Kate Rooney joins 'Squawk Box' to report on Bankman-Fried's rise to the top of the crypto industry. Squawk Box U.S.,CNBC,business news,finance stock,stock market,news channel,news station,breaking news,us news,world news,cable,cable news,finance … [Read more...]

The Collapse Of FTX: Insiders Tell All | CNBC Documentary

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Former billionaire, Sam Bankman-Fried, saw a meteoric rise as crypto's golden boy and an even more spectacular fall from grace as his $32 billion cryptocurrency exchange, FTX, collapsed in a matter of days. FTX customers and investors around the world watched in shock as a single tweet ignited a series of events that ended with the former crypto titan facing a dozen federal … [Read more...]

FTX sues Sam Bankman-Fried’s parents to claw back alleged misappropriated funds: CNBC Crypto World

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CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s show, Sacha Ghebali, director of strategy and business development for The Tie, weighs in on recent crypto … [Read more...]