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Nalezeno "ai funding": 2579

Immersion Cooling Firm LiquidStack Secures Series B Funding to Build Manufacturing in U.S.

22.3.2023
The company can reduce the carbon footprint, land and water use of bitcoin miners through its technology

CCP Games secures $40M funding for upcoming Web3 game

21.3.2023
The financing was led by venture capital firm Andreessen Horowitz, with participation from Makers Fund, BITKRAFT, Kingsway Capital and HASHED, among others

'Alternative Internet' Builder Tomi Raises $40M to Attract Content Creators

21.3.2023
Tomi's aim is to "kick off a clean slate for the internet," using its DAO governance model to promote freedom of speech and access to uncensored information

A16z Leads $40M Funding Round for CCP Games

21.3.2023
The studio behind Eve Online is planning a blockchain-backed title

White House Says Biden Has ‘Confidence’ in Fed Chair Powell While Fedwatch Tool Predicts a 25bps Hike This Week

21.3.2023
With the Federal Open Market Committee convening on Wednesday and the recent financial troubles facing the U.S. banking system, White House press secretary Karine Jean-Pierre said President Joe Biden has “confidence” in Federal Reserve chair Jerome Powell. Meanwhile, according to...

First Mover Asia: Crypto VC Funding Was Resilient in the Bear Market. It’s Now Powering Through This Mini-Bull Cycle

21.3.2023
A Crypto Rank team of analysts wrote that “despite the inherent volatility of the cryptocurrency market, venture capitalists…continue to pour significant investments into the industry.”

Several Major Central Banks Take Coordinated Action to Boost Liquidity Amidst Banking Crisis

20.3.2023
On Sunday evening, March 19, 2023, at 5:00 p.m. Eastern Time, the U.S. Federal Reserve, along with several central banks including the Bank of England, Bank of Canada, Bank of Japan, the European Central Bank, and the Swiss National Bank, announced a coordinated action to enhance the provision...

Fed, central banks enhance ‘swap lines’ to combat banking crisis

20.3.2023
Currency swap lines have been used during times of crisis in the past, such as the 2008 global financial crisis and the 2020 coronavirus pandemic

‘Next Round of Bailouts Is Here’ — Bitcoin and Precious Metals Soar Amid Speculation of Fed Policy Change

17.3.2023
At around 7:30 a.m. ET, the price of bitcoin skyrocketed past the $27,000 range to a high of $27,025 per unit. Precious metals, or PMs, like gold and silver, also rose between 1.98% and 2.12% against the U.S. dollar over the past day. While many market observers are wondering why specific assets...

Africa-Focused Venture Capital Firm Echovc Launches Blockchain Fund

17.3.2023
The Africa-focused venture capital (VC) firm, Echovc, has launched a fund that seeks to support blockchain startups on the continent. While global blockchain funding has been on a decline over the past year, Echovc founder Eghosa Omoigui claimed that investing now enables the VC to get in “at...

Nuqtah completes first seed funding round led by Animoca Brands

16.3.2023
Nuqtah, the first NFT marketplace in Saudi Arabia, completed its first seed funding round. The round was led by Animoca Brands, with participation from Polygon and several local investors. The funds collected from the seeding round will be utilized to scale Nuqtah’s business in the upcoming...

Payments Processor Stripe Secures $6.5B in Funding at $50B Valuation

16.3.2023
Stripe's valuation has fallen about 47% from its 2021 fund raise of $95 billion

VC-Backed NFT Social Platform Metalink Launches Mobile App

15.3.2023
Backed by notable Web3 figures like Guy Oseary, Gary Vaynerchuck and Moonpay CEO Ivan Soto-Wright, Metalink aims to be the first mobile platform where NFT collectors can talk, track and transact

KuCoin Has Closed a $10M Funding Round Into CNHC. But Is the Offshore Yuan Right for a Stablecoin?

15.3.2023
Circle Ventures, the venture arm of the USDC-issuer, and IDG Capital also joined the round

KuCoin leads $10M funding for Chinese yuan stablecoin issuer

15.3.2023
Circle’s investment arm has joined a funding round for CNHC, the issuer of the eponymous stablecoin pegged to the offshore yuan

Moody’s Downgrades US Banking Sector to Negative After Collapse of Three Major Banks

14.3.2023
After the failure of three major U.S. banks last week, with two of them being the second and third largest banking failures in the country, Moody’s Investors Service has downgraded the rating of the U.S. banking system from “stable” to “negative.” As one of...