Sentient Raises $85 Million Co-Led by Peter Thiel’s Founders Fund to Accelerate Open AI Development
Sandeep Nailwal, co-founder of Polygon and a core contributor to Sentient, said centralized AI development is dangerous.
Month: July 2024
Netflix is starting to phase out its cheapest ad-free plan
Illustration by Alex Castro / The Verge Netflix is following through on its plan to phase out its cheapest ad-free tier for existing subscribers. As spotted in numerous posts on Reddit, Netflix is now asking some basic plan subscribers to choose a new plan to stay subscribed to Netflix. One Reddit user received a notification … Read more
Bitcoin $500K prediction, spot Ether ETF ‘staking issue’— Thomas Fahrer, X Hall of Flame
Thomas Fahrer says multiple “low-probability” events could push Bitcoin into a “strong bull market.”
Astar Network to Burn 350M ASTR, 5% of Total Supply
Multi-chain smart contract network Astar Network will burn 350 million ASTR tokens representing 5% of its total supply following a governance vote.
GPU-Friendly Stroke Expansion
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Bitcoin’s Retreat From $70K Characterized by ‘Vol Lethargy’
Deribit’s BTC DVOL index, a measure of volatility expectations, has slipped to lowest since early February.
Pump.fun vs. Moonshot: Where to Launch Your Next Solana Meme Coin
Pump.fun has launched over a million Solana meme coins in 2024. Now, DEX Screener is attempting to take it on with Moonshot.
Paxos gains approval for Singapore stablecoin launch with DBS partnership
Paxos will partner with Southeast Asia’s largest bank, DBS, for the stablecoin launch.
Low Bitcoin and Ethereum fees may not necessarily be good news
Bitcoin and Ethereum users are experiencing exceptionally low fees, but why?
Peter Thiel’s Founders Fund Leads $85M Seed Investment Into Open-Source AI Platform Sentient
The round was co-led by Pantera Capital and Framework Ventures.
Apple’s Vision Pro: five months later
Image: Alex Parkin / The Verge The Apple Vision Pro is many things. But for us, and for many other users, it’s one thing in particular: a really, really, really big screen. Since Apple started shipping its spatial computing headset five months ago today, we’ve tested the device as a TV, a computer monitor, a … Read more
Polkadot’s $245M Treasury Will Last 2 Years at Current Spending Rate
The blockchain spent $87 million in the first six months this year, with marketing activities accounting for the majority of expenses.
Industry Ventures raises a $900M fund for investing in small, early-stage VCs and their breakout startups
The venture fundraising trend in 2024 is fairly clear by now: Large, established VC firms are continuing to attract capital from limited partners, while smaller, newer funds are finding it more difficult to raise. But Industry Ventures’ latest fundraise should offer a dash of good news for emerging managers. On Tuesday, the 24-year-old firm announced … Read more
Husband-and-wife former Olympians target $50M for new fund to invest in influencer-led consumer brands
Samyr Laine and Ayanna Alexander-Laine now put their grit and determination to work for founders wanting to launch and scale consumer brands. © 2024 TechCrunch. All rights reserved. For personal use only.
As the AI boom gobbles up power, Phaidra is helping companies manage datacenter power more efficiently
Electricity demand is booming on account of AI. In a May 2024 report, Goldman Sachs predicted that data centers will use 8% of the U.S.’s total power supply by 2030, up from 3% in 2022, as cloud service providers expand to meet the demand for AI infrastructure. Assuming the current trend holds, U.S. utilities will need to … Read more
Sensorita uses digital twins to help waste management companies streamline construction waste
The amount of waste produced by the construction industry adds up to more than a third of the overall waste produced each year in the European Union. And it’s no better in the U.S. Stateside, the construction industry produces more than double the waste that households do each year. Sensorita wants to help the construction … Read more
Beauty tech startup Boldhue raises capital to ship its at-home custom makeup dispenser
Boldhue’s device essentially scans your face and dispenses a customized foundation formula that matches your skin tone. © 2024 TechCrunch. All rights reserved. For personal use only.
Why is Chile so long?
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New insights: Barbegal water mills
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Phosphor Icons
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German gov’t transfers another $52M Bitcoin, threatening more BTC selling pressure
The repeated Bitcoin transfers to centralized exchanges suggest that the government is planning to sell its $2.75 billion worth of BTC holdings.
First Mover Americas: Bitcoin Bulls Hopeful Entering July as ETFs Record $130M Inflows
The latest price moves in bitcoin (BTC) and crypto markets in context for July 2, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Robinhood Crypto Is Now Available in All US States, Including Puerto Rico and Virgin Islands
As Robinhood prepares to expand internationally, “it was making sense to finish what we started in the U.S.,” said Johann Kerbrat.
Worldcoin Hires Former Google, X and Apple Execs to Beef Up Privacy, Security
Tools for Humanity (TFH), a contributor to the Worldcoin project, hired four executives to advance its mission to ensure a more just economic system, the company said on Tuesday.