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In early 2022, Inflection AI raised $225 million in a first round of funding. Inflection AI may have just completed a $1.3 billion funding round, according to a Thursday announcement published by the company. The round was led by previous investors Microsoft, Reid Hoffman, Bill Gates, and Eric Schmidt, while Nvidia
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On June 29, Palo Alto-based Inflection AI announced the completion of a $1.3 billion raise led by Microsoft, Reid Hoffman, Bill Gates, Eric Schmidt and Nvidia. The new capital will be partly allocated to building a 22,000-unit Nvidia H100 Tensor GPU cluster, which the company claims is the largest in
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Bitcoin (BTC) held its most recent gains into May 27 as traders called for a change in “bearish” market sentiment.BTC/USD 1-hour candle chart on Bitstamp. Source: TradingViewTrader awaits "pretty major move" for BTC priceData from Cointelegraph Markets Pro and TradingView followed BTC/USD as it entered the weekend at around $26,700.The
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Ethereum started a steady recovery wave above the $2,980 resistance against the US Dollar. ETH price is now facing a strong resistance near $3,080 and $3,100. Ethereum started a major upside correction from the $2,880 zone. The price is now trading above $3,000 and the 100 hourly simple moving average. There is a
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Limited partner investors in the Mercury Fund include Galaxy Digital, Digital Currency Group (CryptoX’s parent company), Accolade Partners, Evanston Capital, Isomer, Hutt Capital, Multiple Capital, Presight Partners and Rockaway, as well as individual backers Marc Andreessen and Chris Dixon of Andreessen Horowitz and noted tech investors Bo Shao and Erik
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This episode is sponsored by NYDIG.Download this episodeThis week’s “Long Reads Sunday” returns to the format’s roots with four threads from Twitter:Chris Dixon on tokens as a new web primitiveRaoul Pal on the coming change to securities lawsCozomo (aka Snoop) on getting into PunksKris Sidial on why millennial investing is
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Ethereum traded to a new yearly high at $636 before correcting lower against the US Dollar. ETH price
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Bitcoin price started a downside correction from well above $16,200 against the US Dollar. BTC is likely to
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Bitcoin price remained well supported above $9,900 and $10,000 against the US Dollar. BTC is currently recovering and
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Bitcoin price started an upside correction from the $11,350 support against the US Dollar. BTC is currently declining,
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