The founder of the blood-testing start-up Theranos was sentenced to 11 years in prison for fraud and had been serving time at a minimum-security federal prison in Texas.
The Theranos founder Elizabeth Holmes, who was convicted of fraud in 2022 and sentenced to 11 years behind bars, is expected to be transferred to a halfway house next August.
The company is expected to reach $100 billion in annualized revenue this year, even as chief executive Dario Amodei calls for slowing down development of some advanced A.I. models.
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