AI


Finance

Sahara AI, Blockchain Project Tackling Copyright and Privacy, Raises $43M

The funding round was led by Pantera Capital, Binance Labs and Polychain Capital and included participation from Samsung, Matrix Partners, Foresight Ventures and others.

16:9 Sahara Desert (Ernesta Sakalaite/Pixabay)

Finance

Bitcoin Miner Core Scientific Shares Spike After Signing $2B of Additional Computing Contract

The extension of the previous deal with CoreWeave brings total revenue potential for the miner to more than $6.7 billion.

Core Scientific's Marble facility in North Carolina. (Core Scientific)

Tech

Polychain, Lightspeed Lead $7M Fundraise for Math Olympian's Blockchain-Based AI Platform

Hyperbolic's blockchain-based cloud platform aims to make AI affordable to startups, researchers and builders squeezed by surging GPU prices.

Hyperbolic CEO Jasper Zhang (Hyperbolic)

Markets

Iren Is Positioned to Become One of the Biggest Listed Bitcoin Miners: Canaccord

The broker raised its price target for the shares to $15 from $12 and reiterated its buy rating.

Bitcoin miners (Shutterstock)

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Opinion

Bitcoin Mining Is So Back (Except It's AI Now)

Hurting for revenue and profit, bitcoin miners are looking to activities outside mining bitcoin, such as hosting AI computers, to make up the difference. It's paying off, at least in their stock prices.

Bitcoin miners at work (Eliza Gkritsi/CoinDesk)

Tech

Chainbase Raises $15M to Grow Omnichain Data Network

Chainbase's aim is to provide unbiased and transparent data that is not controlled by a small number of dominant companies.

Scattered pile of $1 bills (Gerd Altmann/Pixabay)

Markets

Grayscale Launches Artificial Intelligence-Focused Crypto Fund; AI Tokens Gain

The Grayscale Decentralized AI Fund includes the native tokens of AI-focused blockchain protocols such as Near (NEAR), Render (RNDR), Bittensor (TAO), Filecoin (FIL) and Livepeer (LPT).

Grayscale advertisement (Grayscale)

Opinion

Web3-AI: What’s Real, and What’s Hype

The biggest challenge for the evolution of Web3-AI might be overcoming its own reality distortion field, says Jesus Rodriguez, CEO, IntoTheBlock.

(Marian/Getty Images)

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Markets

Iris Energy Has Committed Most of Childress Site to Expansion of Bitcoin Mining: Bernstein

The bitcoin miner’s shares slumped yesterday after a Culper Research report said the site was unsuitable for artificial intelligence and high-performance computing.

Alta Novella's turbine room with 40 ASIC bitcoin miners.

Finance

Morgan Creek Digital to Raise up to $500M for New Web3 Venture Capital Fund

The new fund will target early stage opportunities in AI, blockchain technology, chips and data.

Morgan Creek Digital to raise up to $500M for new Web3 venture capital fund. (Jason Leung/Unsplash)