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hyperbolic secures 12 million series a funding to enhance ai computing services
Hyperbolic has secured a $12M Series A funding round led by Polychain Capital and Variant, bringing its total funding to $20M. The company, known for its open access AI computing services, plans to expand its teams and launch its own blockchain in 2025, addressing the 'cost of trust' in decentralized GPU networks. With a strong Web2 foundation and partnerships with major AI players, Hyperbolic aims to bridge the gap between Web2 and Web3 through its GPU Marketplace and verifiable Inference Services.
CoinJournal
Samsung Biologics Co.,Ltd. USA Jesse Walden Sreeram Kannan Louis Vichy Daniel Shorr Ying Sheng Nicola Greco Bidhan Roy Dillon Rolnick Thomas Scott Devin Walsh Lianmin Zheng Alex Atallah Ethan Sung Show more
Technology & Innovation, Press Release
14:13 11.12.2024
investors advised to buy quality ai stocks amid tech sector volatility
UBS advises investors to buy quality AI stocks, particularly in the semiconductor and software sectors, despite recent tech volatility. Analysts highlight strong demand for AI technology and infrastructure, citing major investments from firms like Meta and OpenAI, while remaining cautious on traditional tech areas.
Investing.com
Metagenomi, Inc. USA Elon Musk
Technology & Innovation, Market Report
22:00 10.12.2024
biG Africa Summit 2025 to unite iGaming leaders in Botswana
The BiG Africa Summit 2025 will take place from February 17-20 in Gaborone, Botswana, marking its 11th annual edition. This four-day event, hosted by Eventus International, will gather industry leaders to discuss the future of iGaming in Africa, featuring workshops, panel discussions, and networking opportunities.Key topics include harmonizing regulations, responsible gaming, and the impact of AI in sports betting. Attendees will have the chance to connect with C-level executives and experts, exploring innovative strategies to thrive in the evolving market.
CoinCheckup
United States Dollar BWA ZWE Annalisa Samuels Amina Nduna Tumelo Mokoena Peter Emolemo Kesitilwe Nitesh Matai Alwin Matthews Johann Sigurdsson Gary Ralebona Lorien Gamaroff Riaan Van Rooyen Dolan Beuthin Marcia Lynn Harris Zoe Siwa Show more
Technology & Innovation, Press Release
17:26 10.12.2024
DWF Labs launches 20 million fund to advance AI agents in Web3
DWF Labs has launched a $20 million fund to accelerate the development of autonomous AI agents in the Web3 space, offering up to $100,000 in cloud credits for qualifying projects. This initiative aims to integrate AI applications into decentralized networks, reflecting the growing influence of AI in the crypto sector. Applications are now open for projects across various industries, including finance, logistics, entertainment, and governance.
Crypto Briefing
United States Dollar Solana USD Virtuals Protocol USD Andrei Grachev
Technology & Innovation, Press Release
17:09 10.12.2024
hyperbolic secures 12 million to enhance decentralized ai infrastructure
Hyperbolic has secured $12 million in a Series A funding round led by Variant and Polychain Capital, bringing its total funding to $20 million. The San Francisco-based startup is developing a decentralized GPU marketplace and AI inference services, addressing the need for affordable computing power. With plans to launch its own blockchain in 2025, Hyperbolic aims to enhance AI infrastructure governance and is already serving major players like Hugging Face and Stanford.
Decrypt
United States Dollar Google Inc. Stanford University Sundar Pichai Yuchen Jin Jasper Zhang Show more
Technology & Innovation, News Article
17:01 10.12.2024
quantum computing advancements raise concerns over bitcoin's cryptographic security
Google's new quantum chip, Willow, has sparked concerns about Bitcoin's cryptographic security, as it significantly reduces error rates and handles complex tasks. While experts like Ben Sigman assert that current quantum capabilities are insufficient to threaten Bitcoin, others, including Charles Edwards, warn that advancements in quantum computing could pose a real risk if Bitcoin's cryptography isn't upgraded soon. The debate highlights the urgent need for proactive measures in the face of rapidly evolving technology.
Bitcoinist.com
Google Inc. USA Sundar Pichai Matteo Pellegrini Charles Edwards Ben Sigman Show more
Technology & Innovation, News Article
15:00 10.12.2024
singularity finance launches testnet for ai blockchain platform with incentives
Singularity Finance is set to launch its testnet for an AI-centric Layer 2 blockchain platform on December 30, 2024, featuring a three-month incentive campaign for participants. The platform utilizes Optimistic Rollups for scalable transactions and focuses on tokenizing AI Compute, AI Agents, and Data Ownership, aiming to bridge AI and decentralized finance. The SFI token will play a crucial role in network security, governance, and transaction facilitation within this innovative ecosystem.
CoinCheckup
SelfKey USD Cloris Chen
Technology & Innovation, Press Release
14:28 10.12.2024
lightchain ai emerges as a strong competitor to solana in blockchain innovation
Lightchain AI is emerging as a formidable competitor in the blockchain space, leveraging its unique Proof of Intelligence (PoI) consensus and Artificial Intelligence Virtual Machine (AIVM) to integrate AI capabilities into decentralized solutions. With a presale price of just $0.003 per token, it offers an accessible entry point for investors, contrasting sharply with Solana's $240 price tag. Lightchain AI's focus on AI-driven applications and decentralized governance positions it as a potential game-changer in industries reliant on artificial intelligence.
TheCryptoUpdates
Technology & Innovation, Blog Post
14:00 10.12.2024
DWF Labs launches 20 million fund for autonomous AI and blockchain innovation
DWF Labs has launched a $20 million fund aimed at enhancing autonomous AI agents within Web3 ecosystems, focusing on the integration of AI and blockchain technologies. Eligible projects can receive up to $100,000 in cloud credits to improve scalability and efficiency, alongside strategic advisory services. This initiative seeks to drive innovation across various industries, including finance and logistics, by empowering creators to adopt AI and decentralized technologies effectively.
Crypto News Flash
United States Dollar Andrei Grachev
Technology & Innovation, Press Release
13:17 10.12.2024
two ai stocks face potential declines of up to ninety four percent
Two prominent AI stocks, Palantir Technologies and Tesla, face potential declines of up to 94% by 2025, according to Wall Street analysts. Palantir's valuation concerns stem from its high price-to-sales ratio and limited market appeal, while Tesla's challenges include increased competition, reliance on unsustainable income sources, and CEO Elon Musk's history of unmet promises.
The Motley Fool
Tesla, Inc. Palantir Technologies Inc. USA Donald Trump Elon Musk Rishi Jaluria Gordon Johnson Show more
Technology & Innovation, Market Report
11:21 10.12.2024
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