Kyt Dotson
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AI-specific chipmaker d-Matrix announces new next-gen compute platform with Jayhawk II
D-Matrix Corp., a startup that provides high-efficiency silicon and generative artificial intelligence compute platforms for data centers, today announced the next generation of its Jayhawk platform that provides improved performance and efficiency for AI deployment. The company focuses on making silicon and platforms that allow companies to accelerate the deployment of generative AI applications in ...
Blockchain tokenization firm Securitize buys crypto fund manager Onramp Invest
Securitize LLC, a blockchain investment platform that tokenizes assets and provides compliance for digital securities, continued expanding its footprint into private market investments with an announcement Thursday that it acquired Onramp Invest LLC, a digital asset wealth management platform. Using blockchain technology, it’s possible to create digital asset representations of securities, such as stocks and ...
Crypto hardware wallet maker Ledger teams up with PayPal
Ledger SAS, the maker of cryptocurrency hardware wallets, partnered with online payments giant PayPal Inc. to make it easier for users to purchase crypto through its Ledger Live platform, the companies announced Wednesday. When using PayPal through Ledger’s application, U.S-based users will be able to buy major cryptocurrencies, including bitcoin, Ethereum, Bitcoin Cash and Litecoin, ...
Arthur launches open-source tool to help companies make data-driven decisions about LLMs
ArthurAI Inc., a startup that monitors and streamlines artificial intelligence and machine learning models, today announced the launch of Arthur Bench, an open-source tool that will help companies pick the right generative AI model based on their data and needs. Bench is a tool for evaluating large language models, prompts and hyperparameters for generative AI ...
Coinbase secures approval to offer crypto futures to US customers
Major U.S. crypto exchange Coinbase Global Inc. said today that it has received approval from the National Futures Association to offer digital asset futures to eligible customers based in the United States. The NFA is a self-regulatory body overseen by the Commodities and Futures Trading Commission that governs the U.S. derivatives industry, including on-exchange traded ...
Despite crypto downturn, BitGo raises $100M at $1.75B valuation and ZetaChain raises $27M
Despite the cryptocurrency downturn, enterprise crypto wallet and digital currency custody provider startup BitGo Inc. today announced that it has raised $100 million in a Series C funding round at a $1.75 billion valuation. The company secures wallets and assets for enterprise customers by managing the private keys that provide access and custody to the ...
Discord.io suffers data breach with 760,000+ users’ info stolen
Discord.io, a third-party site that allows users to create custom server invites for the instant messaging and voice app Discord Inc., has been taken offline after a data breach led to the exposure of the information of more than 760,000 users. The breach took place Monday night and Discord.io was taken offline shortly thereafter. For the ...
Blockchain-based stock trading platform Dinari raises $7.5 seed funding
The decentralized stock trading platform Dinari, which uses blockchain technology to provide access to securities and stocks using blockchain technology, today announced it has closed a $7.5 million seed round to fuel the launch of the company’s dShare platform outside the United States. Backing for the company’s funding came from investors including Third Kind Venture ...
Crypto news site CoinDesk lays off 45% of its editorial staff ahead of company sale
The cryptocurrency news site CoinDesk has reportedly laid off 45% of its editorial staff, or about 20 people, ahead of its parent company Digital Currency Group Inc.’s plans to sell a stake in the company to strategic investors. The layoffs came to light from in memo viewed by The Block, a media company and competitor ...
Anthropic raises $100M from SK Telecom to build AI for telecommunications
Google LLC-backed artificial intelligence research startup Anthropic announced Sunday that it has raised an additional $100 million from South Korean telecommunications giant SK Telecom Co. Ltd. with the aim to build large language model AI systems customized for the telecom industry. According to a press release from SKT, the investment is part of a new ...