Kyt Dotson
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Digital Currency Group plans to shut down institutional trading unit TradeBlock
Venture capital conglomerate Digital Currency Group Inc. announced plans to close its TradeBlock subsidiary that provides cryptocurrency trade and prime brokerage services for institutional investors. According to a May 25 report from Bloomberg, the shutdown will officially be effective on May 31. “Due to the state of the broader economy and prolonged crypto winter, along with ...
Arrington Capital-led group to acquire bankrupt Celsius Network assets
Bankrupt cryptocurrency lender Celsius Network LLC will be reborn as a new company under the management of Fahrenheit LLC, a group of bidders led by investment group Arrington Capital, which won the bid to manage the company’s assets. Other members of Fahrenheit include the crypto mining firm US Bitcoin Corp., Proof Group, crypto entrepreneur Steven ...
Worldcoin developer Tools for Humanity raises $115M led by Blockchain Capital
Tools for Humanity, the developer behind the eyeball-scanning crypto startup Worldcoin, today announced a $115 million fundraise led by Blockchain Capital to accelerate the growth of its research and development and global reach. This news confirms a report earlier this month that Sam Altman, co-founder of Worldcoin and chief executive of artificial intelligence company OpenAI ...
Solana Labs integrates ChatGPT plugin to connect blockchain to AI
Solana Labs, the developer of the Solana blockchain, announced Tuesday that it has released a ChatGPT plugin that connects its blockchain technology with artificial intelligence that will allow users to query information from the network. ChatGPT is an artificial intelligence chatbot from OpenAI LP that can answer questions from users in conversational language. The company ...
AI robotics firm Figure raises $70M to build robots with a human form
Looking to disrupt the industry with humanoid-style bipedal AI-driven robots, Figure AI Inc. today announced that it has raised $70 million in a Series A round led by Parkway Venture Capital to drive its vision of commercializing a robotic workforce. Most workforce robots take on specific tasks based on single-function designs that do specific tasks extremely ...
Adobe introduces ‘generative fill’ to Photoshop with its Firefly AI tool
Adobe Inc. brought image-generating artificial intelligence directly into its flagship image editing tool Photoshop in beta as per an announcement today starting with “Generative Fill,” a capability that can modify photos and images with a simple text prompt. The new feature is powered by Adobe Firefly, a powerful image-creating AI model family. Users interact with ...
Anthropic raises $450M to build powerful but trustworthy AI systems
Artificial intelligence research startup Anthropic revealed today that it has raised $450 million in new funding led by Spark Capital to drive its continued work towards building helpful and trustworthy AI systems, including its Claude AI assistant that can perform conversational and text processing tasks. Launched in 2020, Anthropic has risen to become a well-known ...
Microsoft boosts Windows developer productivity with Dev Home
Windows 11 developers are getting a productivity enhancement today from Microsoft Corp. with a new feature announced at Microsoft Build 2023 called Dev Home: an open-source dashboard with a set of tools to act as a one-stop development companion. Microsoft says Dev Home will help streamline developer workflows by making it easy to connect tools ...
Microsoft’s AI-powered Copilot is coming to Windows 11
Windows 11 customers will soon get access to an artificial intelligence companion that can understand them and interact with their applications using OpenAI LP’s technology with Windows Copilot, Microsoft Corp. announced today at its Build developer conference. With Windows Copilot, users gain access to a generative AI that can understand natural language conversations and provide ...
Report: Digital assets firm HashKey looks to raise $200M at $1B valuation
Digital asset financial services company HashKey Group is in talks with investors to raise between $100 million and $200 million in funding as the company looks to take advantage of Hong Kong’s emerging role as a crypto hub, according to a Bloomberg report today. Although the details of the talks weren’t disclosed, the company is in ...