Skip to content
Search

Latest Stories

Hard Numbers

Hard Numbers: FTX’s 'altruistic' donations, Government-funded AI, Microsoft’s payoff, Chip wars, Anthropic cash infusion

​Sam Bankman-Fried seen leaving a Manhattan Federal Court earlier this year.

Sam Bankman-Fried seen leaving a Manhattan Federal Court earlier this year.

Barry Williams/New York Daily News/TNS/ABACAPRESS.COM via Reuters

$6.5 million: The disgraced cryptocurrency firm FTX, whose founder is on trial for a litany of fraud charges, is trying to claw back as much money as it can to pay off investors, lenders, and customers. Founder Sam Bankman-Fried, a devotee of effective altruism — a kind of philosophical commitment to philanthropy — gave $6.5 million last year to the Center for AI Safety, a US-based nonprofit. Now, FTX’s bankruptcy-era leadership is looking at whether they can get the money back.


$32 billion: At an AI forum last week, Senate Majority Leader Chuck Schumer said the US government needs at least $32 billion to fund AI development in the coming years. The number is derived from a 2021 report by the now-defunct US National Security Commission on Artificial Intelligence, a Trump-era commission led by former Google CEO Eric Schmidt. It’s unclear how close Schumer is to getting his desired funding through Congress — the government notably spent $3.3 billion on AI-related contracts in 2022 alone — but he noted that almost all of the forum’s attendees were in agreement that “robust, sustained federal investment” is needed.

18,000: A whopping 18,000 organizations are using Microsoft’s new artificial intelligence tools — dubbed Azure OpenAI. Microsoft has invested $13 billion into OpenAI since 2019, and the PC giant’s most recent earnings report indicates that the big bet may already be paying off.

30: One year after the Biden administration issued stringent rules limiting sales of high-powered semiconductors to China, it revised them this month to close big loopholes. (Chinese firms were still buying lower-grade chips necessary to power their artificial intelligence models, and using third-party countries to acquire them.) Nvidia, among the most powerful names in graphics chips, must halt shipments of its products to China under recently revised US regulations.

$2 billion: Google agreed to invest $2 billion in Anthropic, the AI startup behind the chatbot Claude. The company was founded in 2021 by ex-employees of OpenAI and has quickly grown into a $4 billion business, after its most recent funding round this summer. Google’s cash infusion comes mere weeks after Amazon pledged $4 billion to Anthropic in late September.

More For You

People gather outside the Tom Bradley International Terminal at Los Angeles International Airport to decry President Trump's travel ban on 19 countries which went into effect this morning.​

People gather outside the Tom Bradley International Terminal at Los Angeles International Airport to decry President Trump's travel ban on 19 countries which went into effect this morning.

5: US President Donald Trump added five new countries – Burkina Faso, Mali, Niger, South Sudan, and Syria – to the list of nations banned from traveling to the US. The US will also reject people with travel documents issued by the Palestinian Authority. Fifteen other countries also face partial travel restrictions under the expanded order. [...]
Canadian Prime Minister Mark Carney at the Kennedy Center in Washington, D.C., USA, on Dec. 5, 2025.

Canadian Prime Minister Mark Carney draws his country’s name at the FIFA World Cup draw at the Kennedy Center in Washington, D.C., USA, on Dec. 5, 2025.

ddp/Marc Schüler via Reuters Connect
158: Canada has been a self-governing nation for 158 years, and has been fully independent of the UK Parliament since 1982. But Prime Minister Mark Carney has been sprinkling British English spellings – think words like “globalisation” or “colour” – into some of his communiqués, rather than Canadian English. Some linguists are upset at his [...]
​Chief Superintendent of the police force's National Security Department Steve Li Kwai-wah speaks at the West Kowloon Magistrates' Courts building after the verdict in the national security collusion trial of pro-democracy media tycoon Jimmy Lai, in Hong Kong, China, on December 15, 2025.

Chief Superintendent of the police force's National Security Department Steve Li Kwai-wah speaks at the West Kowloon Magistrates' Courts building after the verdict in the national security collusion trial of Jimmy Lai, founder of the now-defunct pro-democracy newspaper Apple Daily, in Hong Kong, China, on December 15, 2025.

REUTERS/Lam Yik
156: After a 156-day trial, Hong Kong’s High Court found media tycoon Jimmy Lai guilty on national security charges on Monday. Lai, who advocated for democracy in the semi-autonomous Chinese city before the 2019 crackdown, now faces life imprisonment. The decision is another blow for Hong Kong’s pro-democracy movement. [...]
U.S. President Donald Trump holds a signed executive order on AI next to Sriram Krishnan, Senior White House Policy Advisor on Artificial Intelligence on December 11, 2025.

U.S. President Donald Trump holds a signed executive order on AI next to Sriram Krishnan, Senior White House Policy Advisor on Artificial Intelligence on December 11, 2025.

REUTERS/Al Drago
38: Large tech firms will be celebrating after US President Donald Trump signed an executive order aimed at undercutting the ability of states to introduce regulations on artificial intelligence. Thirty-eight states have adopted AI laws. Trump’s order aims to just have one federal law be the standard. [...]