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"As we channel a $10 million investment into the Avalanche ecosystem, we're not just growing Colony Lab – we're fostering the long-term potential of AVAX,” CEO Elie Le Rest said in a message to CryptoX. “Avalanche understands that real blockchain growth comes from expanding its use cases, and its technology
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With the number of people involved in crypto in South Korea, SK Telecom aims to expand the accessibility of its wallet to attract more users and improve adoption in the country. SK Telecom, one of South Korea’s leading telecommunications giants, has announced its partnership with Aptos Network, a layer 1 blockchain
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South Korean telecom giant SK Telecom (SKT) announced plans to launch a Web3 wallet service, T wallet, in partnership with layer 1 mainnet Aptos Labs and Atomrigs Lab.SK Telecom’s vision to launch a blockchain wallet for cryptocurrencies and nonfungible tokens (NFTs) dates back to July 2022. The initiative at the
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Despite these financial challenges, Google, which acquired DeepMind in 2014, has committed to extending financial support to the company for at least another 12 months from September 28. DeepMind, Alphabet Inc‘s (NASDAQ: GOOGL) division responsible for developing general-purpose artificial intelligence (AI) technology, reduced employee expenses by 39% last year within its cost-cutting
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The recent funding infusion will support Imbue in advancing and fine-tuning its reasoning-centric AI technology. On Thursday, September 7, AI Lab Imbue announced that they have successfully raised $200 million in Series B funding, at a massive valuation of $1 billion. The San Francisco-based startup specializes in training foundation models optimized
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Financial giant JPMorgan has announced it will open a new blockchain innovation lab in Greece. The lab will be focused on the development of applications on top of Onyx, the blockchain platform launched by the bank in 2020, and on digital identity solutions. JPMorgan to Push Blockchain Development in New Innovation
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Aptos, the newly launched blockchain built by the team that worked on Facebook's axed Diem cryptocurrency, has issued a $50,000 grant to a Lorenzo Alvisi, a Cornell University computer science professor who specializes in blockchain and Web3 technology, according to a press release shared with CryptoX. Source
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Rocket Lab has started the year on a very promising pedestal.American space and rocket engineering firm, Rocket Lab USA Inc (NASDAQ: RKLB) is seeing impressive growth in its stock price after it successfully completed its first space mission on US soil. As reported by Reuters, the launch took place on
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One of the leading cryptocurrency exchange platforms, AAX recently announced the launch of AAX Impact Lab, focusing on fostering innovation in the crypto and blockchain sector. To understand more about their mission, NewsBTC caught up with Timothy Wong — Head of Impact Lab and asked him a few questions. Q: Can
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“So legally, we’re a different company," he said. "We have our own management, we make our own decisions. Having said that, we do benefit from the wisdom of our founders, but the idea is that we will be incubating and launching our own projects that will go out into the
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