Blockchain database firm SxT Labs raises $20M in Series A round
Framework Ventures, Lightspeed Faction, Arrington Capital, and Hivemind Capital, along with Microsoft’s M12 Ventures and OKX Ventures, backed SxT Labs’ Series A round. Go to Source
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Bet more on the Bitcoin miners cashing in on AI
Supplying AI apps with computing power is a multibillion-dollar opportunity for Bitcoin miners. Go to Source
AI Sector Soars: Leads The Charge With Staggering 70% Surge
The AI sector is experiencing a remarkable rally, with (link unavailable) ($FET) taking the lead with a massive 70% price surge over the past week. 𝗧𝗵𝗶𝘀 𝗪𝗲𝗲𝗸 𝗪𝗶𝗹𝗹 𝗕𝗲 𝗛𝘂𝗴𝗲 𝗙𝗼𝗿 𝗔𝗜 𝗖𝗼𝗶𝗻𝘀 🤩 Since August bottom, AI coins like $FET, $TAO, and $RENDER are up 𝟖𝟎%–𝟏𝟐𝟎% 🚀 Meanwhile, many other L1s are up just 20%-30%. One of … Read more
Elon Musk voices support for sweeping AI safety regulations
Musk said he was pro-AI regulation “just as we regulate any product/technology that is a potential risk to the public.” Go to Source
RBI Governor Warns Against Rapid CBDC Launch, Advocates Gradual Approach
The governor of India’s central bank, the Reserve Bank of India (RBI), Shaktikanta Das, has highlighted the challenges of implementing cross-border digital currency interoperability and the necessity for robust governance. He emphasized the importance of gradual central bank digital currency (CBDC) rollout and data-driven insights from pilot programs. RBI Governor Warns of Challenges in Digital … Read more
President Trump and New York governor propose shift to nuclear energy
According to data from SMR Nuclear, nuclear energy plants produce 441,398,880 megawatt-hours of energy throughout their lifetimes. Go to Source
AI Coding Tool Cursor Raises $60 Million at a $400 Million Valuation
Cursor, an artificial intelligence (AI) company that seeks to “create a magical tool with the aim of writing all of the world’s software,” has announced it has raised $60 million in its Series A funding round. The round had the participation of Andreessen Horowitz, Thrive Capital, Openai, and many others, and gave the company a … Read more
US, African Nations Discuss Responsible AI Use in Military Applications
The United States is urging countries to collaborate on the responsible use of artificial intelligence (AI) in military applications. A senior State Department official, Mallory Stewart, emphasized the need for countries to agree on AI guidelines that align with international laws. Concerns about the potential negative consequences of AI in military applications, such as prolonged … Read more
Fetch.ai launches Innovation Lab with $10M fund for startups
Fetch.ai is opening an Innovation Lab in San Francisco for early-stage startups working with AI agents. Go to Source
Pip Labs Raises $80 Million at a $2.25 Billion Valuation to Protect IP via Blockchain
Pip Labs has raised $80 million in a Series B funding round led by VC firm A16z, reaching a valuation of $2.25 billion. The round aims to extend the development of Story, a blockchain aiming to tokenize and protect what Pip Labs calls the “multi-trillion-dollar” asset class of intellectual property (IP), offering frictionless systems for … Read more