Kriss Baird, the principal figure of Cardano’s Project Catalyst, spoke with Cointelegraph about the initiative, the extent of the collective’s involvement in shared resources and the direction of the platform’s development.
Category: Funding
Auto Added by WPeMatico
IBM launches $500M fund to develop generative AI for enterprise
The new fund follows IBM’s participation in a $235M series D funding rounding in August for generative AI firm Hugging Face.
Google to invest another $2B in AI firm Anthropic: Report
Google has already invested $500 million as part of the deal, while the outstanding $1.5 billion will be paid over time, according to the Wall Street Journal.
Chainlink leads the market with 61% weekly gain — What’s driving LINK price?
LINK price pulled off a shocking double-digit rally over the past week, but exactly what is behind the move?
Binance tight-lipped on projects funded by $1B crypto recovery fund
Binance-initiated IRI fund has only spent some 2.7% of the total of $1.1 billion committed to saving crypto in the aftermath of the FTX collapse, and has still not explained which entities benefited.
Hong Kong crypto VC opens $100M fund for Asian blockchain startups
The crypto fund, named Titan Fund, has already made five investments in different blockchain startups with two going toward Hong Kong-based projects.
Industry leaders and policymakers weigh in on a potential US gov’t shutdown
A U.S. government shutdown was not inevitable, but even if one were to last for a matter of hours or days, lawmakers’ priorities on their return may not be digital assets.
Bitcoin futures open interest jumps by $1B: Manipulation or hedge?
Bitcoin spiking above $27,200 amid a big jump in open interest has some analysts asking whether BTC price is being manipulated.
Blockchain Capital closes funds totaling $580M for investments in crypto gaming, DeFi
The funds include $380 million for early-stage investments and a $200 million dollar “opportunity fund.”
Nvidia AI partner Databricks raises $500M to achieve $43B valuation
Capital One also joined the investment round, despite being the top client of rival cloud platform Snowflake.