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Aurora raises $12M to scale up Ethereum distributed apps
Aurora Labs, an Ethereum-compatible developer platform built on top of the NEAR Protocol, today announced it has raised $12 million in its first funding round. The private equity round was led by Pantera Capital and Electric Capital. More than 100 investors participated in the round, including Zero Knowledge Validation, Global Coin Ventures, imToken and Chronicle. ...
With Ego4D, Facebook wants AI to understand the world from a first-person perspective
Facebook Inc. announced today a long-term project aimed at solving research challenges with artificial intelligence and first-person human perception. The research produced in the project, called Ego4D, would be useful for numerous applications, including augmented reality, virtual reality and robotics. For example, AI capable of understanding human perception from a first-person perspective could provide instructions for ...
At $3B+ valuation, Celsius Network raises $400M in funding for crypto lending
The cryptocurrency lending firm Celsius Network LLC raised $400 million in new equity funding today as regulators in the U.S. continue to increase scrutiny on the crypto industry and especially lending. The investment, at more than a $3 billion valuation, was led by growth equity firm WestCap Group and Caisse de dépôt et placement du Québec, ...
Elliptic raises $60M to make cryptocurrency safer for finance
Blockchain analytics firm Elliptic Enterprises Ltd. announced today it has raised $60 million in new funds to expand its enterprise cryptocurrency asset risk management platform in the wake of increasing regulatory scrutiny. The Series C funding round was led by Evolution Equity Partners and joined by SoftBank Vision Fund 2. Existing investors AlbionVC, Digital Currency ...
Google, YouTube to target ads promoting climate change misinformation
Google LLC announced late Thursday that will ban digital ads promoting misinformation about climate change and the monetization of such content with the aim to limit the spread of climate change denial on its platforms. The new policies affect Google advertisers, publishers and YouTube creators and will prohibit ads for, and make money from, content ...
Google launches online training courses to boost cloud skills
In light of the need to keep up with the ever-increasing demand for the skills required to build and maintain large-scale cloud deployments, Google LLC today announced the launch of a new educational initiative called Google Cloud Skills Boost. With the launch of Skills Boost, Google Cloud will provide access to more than 700 hands-on ...
MoneyGram partners with Stellar for blockchain-based payments
Global payments company MoneyGram International Inc. announced Wednesday that it’s working with the Stellar Development Foundation, the nonprofit that supports the Stellar blockchain, to allow customers to send money instantly using Circle’s USD Coin stablecoin. A stablecoin is a type of cryptocurrency that is “pegged” to a traditional currency — in the case of USDC, ...
Tabnine partners with Gitpod to bring AI code assistant to automated dev environments
Tabnine Ltd., an artificial intelligence-powered code completion tool maker, today announced it has partnered with Gitpod GmbH, an open-source developer platform startup, to integrate its AI assistant into Gitpod’s automated developer workspaces. Using an AI model, Tabnine predicts as developers type code based on the current project and local code and then provides suggestions on ...
Ojamu raises $1.7M to disrupt marketing with blockchain and AI
Singapore-based marketing technology firm Ojamu today announced it has raised $1.7 million for its platform that uses blockchain technology in conjunction with artificial intelligence to implement advertising strategies for brands. According to the announcement, the funds were raised in an oversubscribed private sale that included strategic partners Ascensive Assets, Master Ventures, Moonrock Capital, Morningstar Ventures ...
Visa unveils universal cryptocurrency payment channel project for businesses
Visa Inc.’s research and product teams announced Thursday that they’re developing a new concept for interconnecting multiple blockchain networks for the secure transfer of digital money that it calls a “Universal Payment Channel.” The new project would create payment channels to facilitate the ability for anyone to pay for products and exchange equivalent value no ...