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Crypto hardware wallet maker Ledger raises $109 million in new funding
Ledger SAS, a Paris-based startup that manufactures crypto wallet hardware, today announced that it has raised most of a $109 million funding round. Bloomberg reported that the firm’s valuation remains about $1.4 billion, which is about the same as the company had during its previous titanic funding round in June 2021, when Ledger raised $380 ...
Econia Labs secures $6.5M to build decentralized order books on Aptos blockchain
Econia Labs, a startup developing decentralized order books for the Aptos blockchain, announced today that it raised $6.5 million in seed funding led by Dragonfly. Other investors joining the round included, among others, Lightspeed Faction, Wintermute Ventures, Hudson River Trading, Flow Traders, Aptos Labs. Econia Labs develops an underlying toolset of protocols that permit settlement ...
Autonomous AI agent startup Fetch.ai raises $40M round led by DWF Labs
Cambridge, U.K.-based artificial intelligence lab Fetch.ai Ltd. which is building decentralized networks for smart infrastructure and AI-powered peer-to-peer applications, today announced it has raised $40 million in a round led by DWF Labs. Using Fetch.ai’s platform, developers can build and deploy peer-to-peer applications that can act autonomously on the behalf of users. It uses artificial ...
VPN provider Tailscale announces ‘Funnel’ to help developers build securely on the internet
Tailscale Inc., a corporate virtual private networking provider that provides security for services and devices anywhere in the world, today unveiled “Funnel,” a new service that creates secure tunnels from local application development environments to the internet for developers. As more developers work in remote teams and connect to environments from around the world, it ...
Microsoft previews AI-powered Security Copilot to help cybersecurity staff
As cybersecurity professionals must manage many tools and often overwhelming amounts of data from multiple sources, Microsoft Corp. today announced Security Copilot, a new tool designed to help simplify their work and address security threats with an easy-to-use artificial intelligence assistant. Copilot takes advantage of the newest technology based-on OpenAI LP’s GPT-4 to allow cybersecurity ...
Disney abandons metaverse division amid layoffs
Walt Disney Co. has reportedly ditched its metaverse division as part of a broader restructuring process that will cut the company’s operating expenses by $5.5 billion and lay off 7,000 employees over the next two months. Citing people familiar with the matter, the Wall Street Journal reported today that would include the 50 or so ...
Apple acquires AI-powered video compression startup WaveOne
Apple Inc. recently acquired WaveOne Inc., a startup that develops video compression algorithms using artificial intelligence, according to a report today from TechCrunch. Although Apple did not confirm the acquisition, WaveOne’s former head of sales and business development, Bob Stankosh, took to LinkedIn in February to announce the sale. “After almost 2 years at WaveOne, last week ...
Web3 middleware platform Particle Network raises $7M
Particle Network, a middleware platform for Web3 applications, announced Friday that it has raised $7 million in seed funding to support easier development of blockchain-based decentralized applications. The round was led by ABCDE Capital and was joined by other well-known crypto investors such as Animoca Brands, Hashkey Capital, Longhash Ventures, GSR Ventures and OP Crypto. ...
Snap opens up its AR tools to retailers and enterprise businesses
Snap Inc., the company behind the video-messaging app Snapchat, today announced it’s launching a new division that will offer its augmented reality solutions to retailers and businesses so they can integrate them into their apps. Augmented Reality Solutions for Business, or ARES, will allow businesses to adapt Snap’s AR features for their apps and websites ...
Character.AI personalized chatbot service raises $150M at $1B valuation
Character.AI, a company that allows people to personalize their own artificial intelligence chatbots, today said it has raised $150 million in a funding round led by Andreessen Horowitz, bringing its valuation to $1 billion. Character AI’s platform allows users to create their own chatbots that can take on the personalities of different characters, thus the name, ...