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BitcoinBeginnerBitcoin mining company Bitfarms has announced the appointment of a new board member. This strategic addition comes amid a hostile takeover bid from rival miner Riot Platforms. Riot Platforms, already Bitfarms’ largest shareholder with a 14.9% stake, recently made a $950 million unsolicited offer…
#crypto#mining
GeneralBeginnerCoinbase, a leading crypto exchange, and Stripe, a giant in payment processing, have joined forces to simplify onboarding for new users. This partnership, announced on June 27th, 2024, aims to bridge the gap between traditional finance and the world of digital assets. The key feature of this…
#coinbase#crypto#finance
GeneralBeginnerSoftBank, the Japanese tech giant, has announced a joint venture (JV) with Tempus, a Chicago-based healthcare technology company, to establish a foothold in the AI-powered healthcare sector in Japan. This venture, named SB Tempus, aims to leverage artificial intelligence (AI) to analyze personal…
#ai#healthcare#japan
GeneralBeginnerAI chip developer Axelera has secured a fresh injection of capital, signaling investor confidence in the burgeoning AI chip market. The company closed a $68 million Series B funding round, bringing its total raised to $120 million. This funding round highlights the intensifying competition in the…
#ai#generative-ai
GeneralBeginnerIllumex, a company focused on data management and governance, has unveiled its utilization of GenAI, a novel technology, to simplify the process of integrating data with Large Language Models (LLMs). This collaboration aims to address a significant hurdle currently hindering the widespread…
#ai#generative-ai#llm
GeneralBeginnerOrby. This AI startup is shaking things up with its innovative approach to intelligent agents designed specifically for businesses. Orby’s secret weapon? Generative AI is a powerful technology that allows machines to not just follow pre-defined rules but to learn and adapt like humans. Traditional…
#ai#generative-ai
GeneralBeginnercryptocurrency exchange Coinbase announced it will not support the upcoming migration of the Artificial Superintelligence Alliance (ASI) tokens. This decision comes despite the significant $7.5 billion merger between AI protocols SingularityNet, Fetch.ai, and Ocean Protocol. The merger, set to…
#ai#coinbase#crypto
BitcoinBeginnerState Street Global Advisors has joined forces with crypto-focused firm Galaxy Digital. Their collaboration aims to launch new exchange-traded funds (ETFs) offering exposure to digital assets, venturing beyond just Bitcoin. State Street acknowledges the surging interest in cryptocurrencies,…
#crypto#etfs#sec
GeneralBeginnerToys “R” Us is facing a wave of criticism after its latest advertisement, entirely created using artificial intelligence. The ad, developed with OpenAI’s generative video tool Sora, depicts the company’s founder, Charles Lazarus, as a child and his vision for the iconic toy store and its mascot,…
#ai#generative-ai#openai
EthereumBeginnerBlockchain protocol ORA has secured $20 million in funding to revolutionize the way artificial intelligence (AI) models interact with the blockchain. This investment round, led by Polychain, HF0, and Hashkey Capital, fuels ORA’s mission to tokenize AI models and unlock a new era of “decentralized…
#tokens
GeneralBeginnerFormation Bio announced a company pioneering artificial intelligence (AI) for drug discovery has secured a significant investment of $372 million in Series D funding. This round was led by venture capital giant Andreessen Horowitz (a16z), with notable participation from pharmaceutical giant…
#ai
GeneralBeginnerCData, a company that empowers organizations to utilize data across various applications and facilitate the building of AI models, has secured a significant funding round of $350 million. This hefty investment underscores the growing importance of data integration and accessibility in the age of…
#ai
