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Yuga Labs’ first-ever bitcoin NFT collection ‘TwelveFold’ auction raises $16.5M in 24 hours
Yuga Labs Inc., the creator of the leading nonfungible token collection Bored Ape Yacht Club, raised $16.5 million in an auction for its first-ever bitcoin-based collection named “TwelveFold” that concluded on Monday afternoon. A total of 288 bidders won one of the Bitcoin NFTs from the collection and the company said the winners will receive ...
Overhaul nabs $73M to help secure physical supply chains with AI
Austin-based Overhaul, which makes software-based physical supply chain visibility and compliance management solutions, today announced that it has raised $73 million in new funding to expand its operations globally. Edison Partners led the Series B round for $38 million with participation from eGateway Capital, StepStone Group and TRM Ventures. In addition, Stifel Bank provided $35 ...
Salesforce embraces generative AI tools with Einstein GPT
Salesforce Inc. today announced the launch of Einstein GPT, a new artificial intelligence tool that integrates with every part of the company’s cloud to make employees’ jobs easier by auto-generating personalized content and automating tasks. The new technology uses generative AI, which can understand natural language and produce new content based on data that it ...
Microsoft unveils Dynamics 365 Copilot to bring generative AI to business users
Microsoft Corp. expanded the power of artificial intelligence to business users today with the introduction of Dynamics 365 Copilot, which uses the company’s recent integration of OpenAI LLC’s ChatGPT chatbot for search and puts it to work for business users. The new AI assistant will take advantage of ChatGPT’s “generative AI” capability, which can understand ...
Salesforce survey shows IT interest in generative AI tempered with technical, ethical concerns
It’s the era of generative artificial intelligence, and information technology professionals are rapidly warming up to the idea of integrating the powerful new technology into their apps and solutions — but some issues need to be ironed out. A new survey from Salesforce Inc. of more than 500 IT leaders revealed that a majority, 67%, ...
Coinbase buys One River Digital to expand into digital asset management
Cryptocurrency exchange Coinbase Global Inc. announced today that it has acquired One River Digital Asset Management, an institutional digital asset management company registered with the U.S. Securities and Exchange Commission in the company’s latest expansion of services. One River Digital Asset Management is a subsidiary of One River Asset Management, which was founded in 2013 ...
Redeem raises $2.5M to let users transfer NFTs with phone numbers
Web3 startup Redeem announced Wednesday that it has raised $2.5 million in pre-seed funding to change the landscape of nonfungible tokens by making it easier for users to send, receive and redeem them using only their phone numbers. Blockchain solution-focused investment firm Kenetic Capital led the round with participation from Monochrome Capital, VC3 DAO, The ...
Coinbase, Paxos break ties with embattled crypto-friendly Silvergate Bank
Major cryptocurrency exchange Coinbase Global Inc. said today it would no longer use Silvergate Bank to facilitate dollar payments for its institutional partners after it was revealed that the bank may be in financial trouble. Stablecoin issuer Paxos Trust Co. LLC also announced that it would break ties with Silvergate. The company said this would ...
Decentralized Twitter alternative Bluesky launches on App Store in beta
Decentralized social network Bluesky, a project started by former Twitter Inc. Chief Executive Jack Dorsey, launched today in beta test mode. Interested users can now download Bluesky Social app directly from Apple’s app store, but they must first sign up for a private beta in order to access the network, if they have not already. ...
Meta’s AR/VR roadmap has Quest 3 launching this year, true AR glasses in 2027
Ever since Meta Platforms Inc. rebranded itself from Facebook, the company has been on a trajectory to take the metaverse by storm, and to do that it needs to innovate in augmented and virtual reality headsets. The Verge reported late Tuesday that Meta unveiled a 4-year roadmap to its employees in which the company said it ...