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Robinhood CLO on Crypto Wallets, Legal Woes

Robinhood Chief Legal Officer and former SEC Commissioner Dan Gallagher joins Emily Chang on “Bloomberg Technology” to discuss Robinhood’s Wallets program, which has a 2 million users waitlist, and potential crypto regulation. He also gives a status update on the platform’s legal battles with the SEC and other plaintiffs, one year after the meme stock…

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Robinhood Chief Legal Officer and former SEC Commissioner Dan Gallagher joins Emily Chang on “Bloomberg Technology” to discuss Robinhood’s Wallets program, which has a 2 million users waitlist, and potential crypto regulation. He also gives a status update on the platform’s legal battles with the SEC and other plaintiffs, one year after the meme stock mania.

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3 Comments

3 Comments

  1. George L.

    February 11, 2022 at 1:05 am

    Scam!

  2. winterheat2

    February 11, 2022 at 1:18 am

    6:28 this is capitalism I guess… you work for Robinhood and the people who sued have an “unfounded lawsuit” and if he works for the state, the side who sued, then the other side has a case that was “unfounded”. People say, if you have money, you can ask the devil to run the mill for you

  3. winterheat2

    February 11, 2022 at 1:22 am

    I guess one good thing about Robinhood is, if you have $33 or $66, you can invest in Apple, or Google, every week or even every day. While in the old days, you can only invest if you have $5000 or $30,000, and that makes the rich richer and the poor poorer

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Bloomberg Technology

Crusoe CEO: Data Center Indusry Has a ‘Marketing Issue’

Crusoe CEO Chase Lochmiller discusses the AI infrastructure company’s nearly $4 billion in fresh funding sending its valuation to almost $31 billion. He also discusses how it will fuel the company’s push to build AI infrastructure spanning data centers, cloud computing and managed AI services. He says Crusoe could eventually enter the public markets and…

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Crusoe CEO Chase Lochmiller discusses the AI infrastructure company’s nearly $4 billion in fresh funding sending its valuation to almost $31 billion. He also discusses how it will fuel the company’s push to build AI infrastructure spanning data centers, cloud computing and managed AI services. He says Crusoe could eventually enter the public markets and pushes back against growing opposition to data centers, arguing the industry has a “marketing issue” and needs to better communicate its impact on water, jobs and local tax revenue. He joins Ed Ludlow on “Bloomberg Tech.”
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Former FTC Technologist Warns Against an AI ‘Cartel’

As frontier AI labs seek greater coordination on safety, Neil Chilson, Head of AI Policy at the Abundance Institute and former FTC Chief Technologist, warns that government-backed antitrust exemptions could create a durable “cartel” that ultimately harms competition. He argues companies can collaborate on safety standards without suspending antitrust rules, and that existing consumer-protection and…

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As frontier AI labs seek greater coordination on safety, Neil Chilson, Head of AI Policy at the Abundance Institute and former FTC Chief Technologist, warns that government-backed antitrust exemptions could create a durable “cartel” that ultimately harms competition. He argues companies can collaborate on safety standards without suspending antitrust rules, and that existing consumer-protection and liability laws already provide tools for addressing harms caused by AI. He joins Ed Ludlow on “Bloomberg Tech.”
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Anthropic Investor Franklin: AI Safety Concerns Won’t Slow Spending

Calls to “pace” development at the AI frontier are unlikely to translate into a slowdown in infrastructure spending, according to Sara Araghi, Franklin Templeton Portfolio Manager and Franklin Venture Partner. She argues that even if labs temper some model training, growing inference demand will continue to require enormous amounts of compute. Araghi also discusses why…

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Calls to “pace” development at the AI frontier are unlikely to translate into a slowdown in infrastructure spending, according to Sara Araghi, Franklin Templeton Portfolio Manager and Franklin Venture Partner. She argues that even if labs temper some model training, growing inference demand will continue to require enormous amounts of compute. Araghi also discusses why heightened AI safety concerns could boost demand for cybersecurity and why she doesn’t expect the debate to derail funding or anticipated AI IPOs. She joins Ed Ludlow on “Bloomberg Tech.”
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