Pre-seed firm Afore Capital has a fresh $185M fund and a new program to help founders discover ideas

Afore Capital, a firm that claims to be the largest dedicated pre-seed investor, was founded on the idea that the first check into a new startup should be larger than what most accelerators and early-stage investors were offering. When Afore raised its third $150 million fund in 2022, the firm wrote checks ranging from $1 … Read more

Boaz Shor: The Engineer Behind $80M in AI Revenue and the Future of Robotics

AI systems generate billions globally. Boaz Shor didn’t just contribute—he engineered systems that added $80 million annually to Taboola’s revenue. Six patents. $100 million in potential tools. Teams scaled by 25%. These aren’t abstract wins—they’re measurable successes built from deep technical expertise. Discover how Shor’s AI breakthroughs are redefining business growth worldwide. Groundbreaking Innovations That … Read more

Bitcoin Hashrate Growth Slows Amid Tough Market Conditions for Smaller Miners

After months of rapid expansion, Bitcoin’s hashrate growth slowed down in January, according to the latest report from TheMinerMag. The network’s difficulty saw its first decline since September, indicating that even though publicly listed companies have kept increasing their hash power, their growth isn’t enough to compensate for the capitulation of other, probably smaller operators. … Read more

Cherryrock Capital raises new $172M fund from all-star investors to back diverse founders

Cherryrock Capital, founded by ex-TaskRabbit CEO Stacy Brown-Philpot, announced Wednesday the closing of its $172 million Fund I with an all-star limited partner list that includes JPMorgan, Goldman Sachs, MassMutual, Melinda French Gates’ Pivotal Ventures, Reid Hoffman, Mellody Hobson, and Sheryl Sandberg.  Brown-Philpot told Bloomberg that the fund actually closed in January.  The firm launched … Read more

PACT Protocol Launches On Aptos Network

NEW YORK CITY, United States, February 20th, 2025/Chainwire/–Bringing over $1B in on-chain assets to Aptos from day one. PACT Protocol today launched on Aptos Network, bringing fully on-chain lending and securitization infrastructure for licensed lenders in emerging markets to the high-performance blockchain. This launch brings over $1 billion in on-chain assets onto Aptos and follows … Read more

Generate synthetic counterparty (CR) risk data with generative AI using Amazon Bedrock LLMs and RAG

Data is the lifeblood of modern applications, driving everything from application testing to machine learning (ML) model training and evaluation. As data demands continue to surge, the emergence of generative AI models presents an innovative solution. These large language models (LLMs), trained on expansive data corpora, possess the remarkable capability to generate new content across … Read more

How to master decision making in a world of uncertainty

With the world around us changing rapidly, uncertainty is inescapable. We feel it in both our personal and professional lives. And while previous generations have experienced periods of profound uncertainty, the scale, pace and complexity of the changes in today’s world mark a radical ‘step change’ in our comfort when it comes to making decisions.   That’s … Read more

Vitalik Buterin Disappointed With Embrace of Blockchain “Casinos”

Ethereum co-founder Vitalik Buterin expressed his disappointment with some ETH community members and thought it was “bad” that the ecosystem was too welcoming for “casinos.” During an ask-me-anything (AMA) on Tako, Buterin responded to a question about whether he had felt disappointed at the Ethereum Foundation, the crypto industry or the community. He answered “of … Read more

Amazon’s Appstore is pulling Android support

Amazon is ending Android support for its Appstore this year on August 20th. The retail giant announced the update on an FAQ support page with no explanation for the shutdown, but said its Appstore will still be available on Fire TV and Tablet devices, where it serves as the default app marketplace. Apps downloaded from … Read more

Turbocharging premium audit capabilities with the power of generative AI: Verisk’s journey toward a sophisticated conversational chat platform to enhance customer support

This post is co-written with Sajin Jacob, Jerry Chen, Siddarth Mohanram, Luis Barbier, Kristen Chenowith, and Michelle Stahl from Verisk. Verisk (Nasdaq: VRSK) is a leading data analytics and technology partner for the global insurance industry. Through advanced analytics, software, research, and industry expertise across more than 20 countries, Verisk helps build resilience for individuals, … Read more

European Central Bank to Work on Settlement System for Distributed-Ledger Transactions

The European Central Bank (ECB) said it is looking to develop a way of settling distributed-ledger technology (DLT) transactions with fiat currency as it expands its work on the key feature that underpins the blockchain and cryptocurrencies. The bank plans a two-stage approach to using the technology, which is a decentralized database that is maintained … Read more

Avenir Group Solidifies Position As Asia’s Largest Bitcoin ETF Holder With $599 Million Stake

**HONG KONG, Hong Kong, February 20th, 2025/Chainwire/–**Hong Kong-based investment group Avenir Group has emerged as a major institutional player in the digital asset market, with its recent disclosure revealing a significant $599 million investment in Bitcoin ETFs. This strategic move not only underscores Avenir’s confidence in the future of digital assets but also marks a … Read more

Microsoft prepares for OpenAI’s GPT-5 model

Microsoft engineers are currently readying server capacity for OpenAI’s upcoming GPT-4.5 and GPT-5 models, according to a source familiar with the company’s plans. While OpenAI CEO Sam Altman acknowledged recently that GPT-4.5 will launch within a matter of weeks, I understand that Microsoft is expecting to host the new AI model as early as next … Read more

Figure’s humanoid robot takes voice orders to help around the house

Figure founder and CEO Brett Adcock Thursday revealed a new machine learning model for humanoid robots. The news, which arrives two weeks after Adcock announced the Bay Area robotics firm’s decision to step away from an OpenAI collaboration, is centered around Helix, a “generalist” Vision-Language-Action (VLA) model. VLAs are a new phenomenon for robotics, leveraging … Read more

New SEC Cyber Unit Closes Chapter on Agency’s Crypto Enforcement Emphasis

The U.S. Securities and Exchange Commission unit tasked with chasing bad guys in the crypto space will be smaller and called something significantly different, the agency said Thursday, further cementing its trend away from an aggressive enforcement stance against the industry. In three years, the same internal group has transitioned from the “Cyber Unit” to … Read more