Multicoin Leads $8M Investment in GPS Alternative Geodnet

Crypto investment firm Multicoin is leading an $8 million purchase of GEOD tokens, a major capital injection into the crypto project building a hyper-accurate alternative to GPS. Geodnet hails from crypto’s buzzy DePIN wing of startups that financially incentivise regular people to host their physical infrastructure. The project’s token (its incentive mechanism) has more than … Read more

Mavryk Dynamics Secures $5.2M for Blockchain-Powered Real-World Asset Ownership

The team behind real-world asset (RWA)-focused layer-1 blockchain Mavryk Network, said it raised $5.2 million to advance its plans to integrate tokenization and decentralized finance (DeFi). The investment round was led by Ghaf Capital, Big Brain, MetaVest Capital, Cluster Capital, Collective Ventures and Atlas Fund, according to an email shared with CoinDesk on Tuesday. Mavryk … Read more

Panasonic’s Lumix S1RII full-frame camera captures 8K video

Panasonic’s new Lumix S1RII boosts the full-frame camera’s video capabilities to 8K. | Image: Panasonic Panasonic has announced an upgrade version of 2019’s Lumix S1R with a new sensor, smaller body, faster autofocus, and video recording that tops out at 8K at 30 frames per second. Although the Lumix S1RII’s new 44.3-megapixel back-side illuminated CMOS … Read more

AI Is Here, but That Doesn’t Mean Bitcoin Miners Are Finished: Blockspace

Anyone paying attention to public bitcoin miner markets will know that artificial intelligence (AI) and business pivots to high performance compute (HPC) are all the rage among bitcoin miners. What started as a gradual trend last year has suddenly become a business strategy that many leading public bitcoin miners are exploring. This article first appeared … Read more

We can’t quit electric cars — or robotaxis

There was a time, not so long ago, when people wouldn’t shut up about a revolution in automobiles. No matter where you looked, you’d find someone telling you about how self-driving, all-electric vehicles would change the way we think about car ownership, lead to a total reinvention of how cities work, change the economy, and … Read more

CoinDesk 20 Performance Update: Hedera (HBAR) Falls 12% as All Assets Trade Lower

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 2822.97, down 7.2% (-218.33) since 4 p.m. ET on Monday. None of the 20 assets are trading higher. Leaders: APT (-3.8%) and DOT (-4.7%). Laggards: HBAR (-12.0%) and AAVE … Read more

Redalpine, Founders Fund back Magdrive’s electric thruster business

Orbital mobility took center-stage in the space industry last year, with venture capitalists funneling massive sums into startups developing tech for nimble satellite operations. So it’s no surprise that one of the most recent deals is to Magdrive, a UK-based startup that says its electric propulsion system for satellites will deliver a higher thrust in … Read more

Quantum Machines raises $170M, says it’s working with more than half of all quantum computing companies

Quantum computing remains a holy grail in the world of technology, but with some important breakthroughs in the last several months, investors are betting on more promising startups in the space, to make the concept of super-efficient particle- and electron-based computing a reality. In the latest development, Quantum Machines, an Israeli startup that provides quantum … Read more

How AI Learns Words but Not Meaning

:::info Authors: (1) Raphaël Millière, Department of Philosophy, Macquarie University (raphael.milliere@mq.edu.eu); (2) Cameron Buckner, Department of Philosophy, University of Houston (cjbuckner@uh.edu). ::: Table of Links Abstract and 1 Introduction 2. A primer on LLMs 2.1. Historical foundations 2.2. Transformer-based LLMs 3. Interface with classic philosophical issues 3.1. Compositionality 3.2. Nativism and language acquisition 3.3. Language … Read more

Serverless cloud platform Koyeb now lets developers spin up Tenstorrent’s AI accelerators

Just a few weeks after chipmaker Tenstorrent raised nearly $700 million in funding, developers can now try out Tenstorrent’s AI accelerators on Koyeb. Tenstorrent sells AI processors built around the RISC-V instruction set architecture, and has developed its own open-source neural network library, TT-NN, and open-source low-level programming model, TT-Metalium. Tenstorrent is part of a … Read more

Adobe launches a Photoshop iPhone app

Adobe announced on Tuesday it’s bringing its popular design and editing software Photoshop to mobile, starting with iOS. The company plans to launch a Photoshop for Android app later this year. With the new Photoshop for iPhone app, users can access both free and paid features through a mobile-friendly design that’s accessible on the go. … Read more