Fluid Truck files for Chapter 11 bankruptcy and pursues sale after leadership shakeup

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Less than two months after Fluid Truck’s board ousted its sibling co-founders from their executive positions, the company has laid off 30% of its staff, filed for Chapter 11 bankruptcy protection, and found a potential buyer to take on the business, pending court approval, according to bankruptcy filings and information from a former employee.  Fluid … Read more

Train, optimize, and deploy models on edge devices using Amazon SageMaker and Qualcomm AI Hub

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This post is co-written Rodrigo Amaral, Ashwin Murthy and Meghan Stronach from Qualcomm. In this post, we introduce an innovative solution for end-to-end model customization and deployment at the edge using Amazon SageMaker and Qualcomm AI Hub. This seamless cloud-to-edge AI development experience will enable developers to create optimized, highly performant, and custom managed machine … Read more

Acrew Capital hits five years, raises $700m

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Acrew Capital has raised $700 million in fresh funds. The San Francisco-based venture capital firm announced in a blog post on Thursday that it raised $700 million to invest in companies building in data and security, healthcare, or fintech. This fundraise brings the firm’s assets under management to $1.7 billion. It’s unclear how much of … Read more

$KERORO Hits Solana With A Seismic Shift Expected

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NEWCASTLE UPON TYNE, United Kingdom, October 18th, 2024/Chainwire/–Today marks the official launch of KERORO, a new meme coin built on the Solana blockchain, which has debuted with a market cap of $4.5 million. Positioned within the meme coin market, KERORO draws on Solana’s high-speed, low-cost transaction capabilities to establish itself as a community-driven project. KERORO’s … Read more

Ape On Launches Innovative Token Locking For Secure Project Launches On Solana

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MAJURO, Marshall Island, October 18th, 2024/Chainwire/–Ape On, the most secure and efficient token launch platform, is reshaping decentralized finance (DeFi) on the Solana blockchain. With its unique token locking feature powered by Jupiter Lock, Ape On is designed to provide unmatched security and transparency, making it the best and safest way to launch and buy … Read more

Pell Network Secures $3M Funding To Build Omnichain DVS Network

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Pell Network, an Omnichain Decentralized Validation Services (DVS) network, has successfully raised $3 million in pre-seed funding, as announced on October 16, 2024. This round was co-led by Paper Ventures, Halo Capital, and Mirana Ventures. Incubator D11-Labs and key investor Delta Blockchain Fund, also participated in this round, along with a diverse group of investors … Read more