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Microsoft to invest $3.2B in UK artificial intelligence infrastructure

Microsoft is set to launch a $3.2-billion investment in the United Kingdom for artificial intelligence (AI) infrastructure and training.This marks the company’s largest U.K. investment since it started doing business in the area 40 years ago..@Microsoft is committed as a company to ensuring that the UK as a country has

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Belgium leads charge to renew EU blockchain infrastructure project

The Belgian government has announced plans to expedite the development of a European blockchain infrastructure during its EU Council presidency in early 2024. The proposal aims to enhance the secure management and storage of official documents, including driving licenses and property deeds. In a statement on Nov. 21, Mathieu Michel, Belgium’s Secretary

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Belgium seeks to reboot the EU blockchain infrastructure project

Belgium plans to accelerate the development of a European blockchain infrastructure during its presidency of the EU Council in early 2024, according to the goveernm. The proposal aims to facilitate the secure storage of official documents like driving licenses and property titles. The development of public blockchain for the pan-EU infrastructure

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Infura Network Partners with Microsoft and Other Top Tech Firms to Create Decentralized Web3 Infrastructure

Andrew Breslin clarified that the idea was more about the numbers than the big-name firms that it appears Infura had targetted. Infura, the Web3 infrastructure firm from Consensys, has just entered into multiple partnerships with Microsoft and Tencent. The move, which appears to be in line with its vision of achieving

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Microsoft, Tencent Are Partners to Ethereum’s Infura in ‘Decentralized Infrastructure Network’

"There's that ethos in Web3 about decentralization being a core value," Thomas Hay, the lead product manager for Infura, told CryptoX. "We know there are advantages to a centralized service in terms of the ease of use and the ability to get up and running, but moving in the direction

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private accounts, tokenization, and healthcare infrastructure grab investors’ attention

Blockchain-based startups continue to gather funding during the current bear market, with MetaMask partner Blockaid raising $33 million in October. However, the overall funding in the crypto industry has dropped to levels last seen in 2020, amassing $2.1 billion over 297 deals in the third quarter of 2023, as reported

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HSBC uses blockchain to revamp outdated London gold market infrastructure

HSBC leverages blockchain technology to digitize gold assets, aiming to modernize the traditional London gold market. HSBC Holdings Plc has initiated a blockchain-based platform to digitize gold assets stored in its London vault. Mark Williamson, head of global FX and commodities partnerships and propositions at the bank, elaborated on this development

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Privacy firm Nym launches $300M fund, eyes Web3 wallets, RPCs and infrastructure services

Blockchain privacy firm Nym Technologies has launched a $300 million funding program aimed at providing capital to projects building security-focused infrastructure.The Nym Innovation Fund will draw capital from venture capitalist investors such as Polychain, KR1, Huobi Incubator and Eden Block and will focus on supporting projects building Web3 privacy-focused tools

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Privacy Infrastructure Developer Nym Technologies Attracts $300M in Crypto Fund Commits

The program will open for applications in November, and the initial focus for applications will be crypto wallets, remote procedure calls (RPCs) and essential resources, tools, infrastructure and initiatives that benefit the broader ecosystem and are available to the public as open-source projects. Developers from any category, such as gaming,

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