Kyt Dotson
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Google introduces multicloud connectivity with Cross-Cloud Interconnect
Google LLC today announced an expansion to its Cloud Interconnect service that will allow enterprises to connect any public cloud with Google Cloud through a secure, high-performance network called Cross-Cloud Interconnect. As more enterprises begin to adopt hybrid and multicloud distribution for their applications, they have begun to face problems with connectivity as they build ...
Monday.com launches a developer team workflow management tool
Monday.com Ltd., a project management software company, today announced the launch of monday dev, a new product offering that centralizes software development tracking in one place so developers, engineers and administrators can collaborate more easily. Monday.com is the provider of what it calls a work operating system, or Work OS, which allows organizations to quickly get ...
Generative AI search platform Vectara raises $28M to reduce ‘hallucinations‘
Vectara Inc., a generative artificial intelligence search platform provider, today announced today that it has raised $28 million in seed funding led by Race Capital to empower developers with a new capability that greatly reduces AI errors when producing search results. Vectara provides a cloud-based conversational generative large language model “search-as-a-service” that allows businesses to ...
Digital Currency Group plans to shut down institutional trading unit TradeBlock
Venture capital conglomerate Digital Currency Group Inc. announced plans to close its TradeBlock subsidiary that provides cryptocurrency trade and prime brokerage services for institutional investors. According to a May 25 report from Bloomberg, the shutdown will officially be effective on May 31. “Due to the state of the broader economy and prolonged crypto winter, along with ...
Arrington Capital-led group to acquire bankrupt Celsius Network assets
Bankrupt cryptocurrency lender Celsius Network LLC will be reborn as a new company under the management of Fahrenheit LLC, a group of bidders led by investment group Arrington Capital, which won the bid to manage the company’s assets. Other members of Fahrenheit include the crypto mining firm US Bitcoin Corp., Proof Group, crypto entrepreneur Steven ...
Worldcoin developer Tools for Humanity raises $115M led by Blockchain Capital
Tools for Humanity, the developer behind the eyeball-scanning crypto startup Worldcoin, today announced a $115 million fundraise led by Blockchain Capital to accelerate the growth of its research and development and global reach. This news confirms a report earlier this month that Sam Altman, co-founder of Worldcoin and chief executive of artificial intelligence company OpenAI ...
Solana Labs integrates ChatGPT plugin to connect blockchain to AI
Solana Labs, the developer of the Solana blockchain, announced Tuesday that it has released a ChatGPT plugin that connects its blockchain technology with artificial intelligence that will allow users to query information from the network. ChatGPT is an artificial intelligence chatbot from OpenAI LP that can answer questions from users in conversational language. The company ...
AI robotics firm Figure raises $70M to build robots with a human form
Looking to disrupt the industry with humanoid-style bipedal AI-driven robots, Figure AI Inc. today announced that it has raised $70 million in a Series A round led by Parkway Venture Capital to drive its vision of commercializing a robotic workforce. Most workforce robots take on specific tasks based on single-function designs that do specific tasks extremely ...
Adobe introduces ‘generative fill’ to Photoshop with its Firefly AI tool
Adobe Inc. brought image-generating artificial intelligence directly into its flagship image editing tool Photoshop in beta as per an announcement today starting with “Generative Fill,” a capability that can modify photos and images with a simple text prompt. The new feature is powered by Adobe Firefly, a powerful image-creating AI model family. Users interact with ...
Anthropic raises $450M to build powerful but trustworthy AI systems
Artificial intelligence research startup Anthropic revealed today that it has raised $450 million in new funding led by Spark Capital to drive its continued work towards building helpful and trustworthy AI systems, including its Claude AI assistant that can perform conversational and text processing tasks. Launched in 2020, Anthropic has risen to become a well-known ...