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By the company’s estimates, its first models for text-based generative AI will be released by 2024. Four-week-old artificial intelligence (AI) startup, Mistral AI, has raised $113 million in seed funding. The round was led by Lightspeed Venture Partners and saw participation from JCDecaux Holding, Motier Ventures, and Rodolphe Saadé in France.
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A new artificial intelligence (AI) startup and rival to ChatGPT creator, OpenAI, raised $113 million in seed funding, bringing its valuation to $260 million just two months after its launch.Former AI researchers — previously working for Google DeepMind and Meta — co-founded Mistral AI in May 2023 to develop open-source
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied UK-based Gensyn AI recently secured $43 million in Series A funding led by a16z crypto. The company wants to enable developers to build AI tools using a flexible pay-as-you-go model. The funding round saw participation from
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With its latest round, Gensyn has raised more than $50 million and the company said it would use the fresh capital to accelerate the introduction of the protocol and to expand its workforce, including the addition of protocol and machine learning engineers. Prominent investment firms CoinFund, Canonical Crypto, Protocol Labs,
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On June 8, HyperPlay — a Web3-native game launcher — said it closed its Series A funding round after raising $12 million from investors, including co-leaders Griffin Gaming Partners and Bitkraft Ventures. Other investors include MetaMask’s parent company ConsenSys, Ethereal Ventures, Delphi, Game7, Mirana Ventures and Monoceros Ventures.HyperPlay, which was established
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The Bermuda Monetary Authority-licensed company said it raised the funds across two seed rounds. The first was co-led by Sam Altman, CEO of ChatGPT developer OpenAI, and former Stripe executive Lachy Groom. The second was led by Gradient Ventures. Meanwhile was previously called Standard Crypto Insurance, and is registered under
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Kraken is experiencing delays in deposits and withdrawals due to issues with multiple crypto funding gateways such as bitcoin (BTC), ether (ETH), and ERC20. On June 6, Kraken announced that it is addressing an issue causing delays
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DPAT, the first Web3 crowdsourcing platform designed to connect investors with real estate and infrastructure opportunities in major African cities, has announced the launch of its
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Magic Labs has so far raised more than $80 million and facilitated the creation of 20 million wallets with support from over 130k developers. Magic Labs Inc, an upcoming crypto wallet-as-a-Service (WaaS) provider, has announced the completion of a strategic funding round with $52 million to enable Web3 mass adoption. The
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“Unfortunately, that is a mode that some of these precursor manufacturers and illicit drug organizations have used – the receipt of bitcoin payments in wallets, cryptocurrency wallets,” said Elizabeth Rosenberg, the U.S. Treasury Department’s assistant secretary for terrorist financing and financial crimes, in testimony during the panel’s hearing. Original Source
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