OpenAI has successfully raised an additional $6.6 billion, reaching a valuation of $157 billion. This funding underscores investor confidence in the company’s advancements in artificial intelligence and its commitment to ensuring safe and ethical AI deployment.
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Read more at: https://thebitcoinstreetjournal.com/musician-fka-twigs-tells-congress-she-created-her-own-ai-deepfake/
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The Sui Overflow Hackathon has seen an unprecedented increase in funding, with the pool recently ballooning to $1,000,000 as new sponsors have joined the initiative. This influx of financial support promises to elevate the quality and scope of the event, fostering innovation and collaboration among participants.
Neutronpay, a Southeast Asian Bitcoin Lightning Network provider, has secured $1.5 million in seed funding to expand its reach in the region. The funding round was led by IOSG Ventures, with participation from HashKey, SNZ, Old Fashion Research, and AlphaLab Capital. The proceeds will be used to enhance Neutronpay’s technology infrastructure, expand its team, and onboard new merchants and users across Southeast Asia. Neutronpay aims to accelerate Bitcoin adoption and facilitate faster, cheaper, and more convenient cross-border payments.
Axiom’s $1.5 million bridge round for Neutronpay reinforces the expansion of the Lightning Network (LN) in Asia. The investment will enhance Neutronpay’s infrastructure, enabling the processing of more transactions and advancing interoperability with various LN implementations. This strategic move aims to strengthen LN’s presence in the region and drive its adoption for faster, cheaper, and more accessible payments. Neutronpay’s bridge round showcases the growing interest in LN technology and its potential for revolutionizing the payments landscape in Asia.
Etherland, a prominent player in the blockchain industry, is set to launch its eagerly anticipated Tecra Space funding round. This round aims to secure investments for the company’s innovative Tecra Space project, a cutting-edge platform that leverages blockchain technology to revolutionize the real estate sector. The funds raised will be pivotal in expanding the platform’s capabilities, particularly its fractionalized ownership feature, which democratizes access to real estate investments for a broader spectrum of individuals. The Tecra Space funding round is an exceptional opportunity for investors seeking exposure to the high-growth potential of blockchain-based real estate solutions.
Xsolla, a global video game commerce company, has unveiled Xsolla Wallet, a comprehensive suite of embedded finance solutions designed to empower developers and creators. Through instant earnings, flexible payment options, and access to financial services, Xsolla Wallet streamlines financial management for the gaming industry. With its user-friendly interface and tailored features, developers can easily integrate Xsolla Wallet into their games, unlocking new revenue streams and enhancing player experiences. This innovative solution empowers creators with financial freedom and provides a seamless platform for managing their earnings, ultimately fostering growth and innovation within the gaming ecosystem.
COTI Network, a leading provider of enterprise-grade fintech solutions, unveils a groundbreaking $100 million growth fund dedicated to fostering innovation and strategic partnerships. The fund aims to accelerate the adoption of COTI’s blockchain infrastructure, empowering businesses to leverage the benefits of decentralized finance (DeFi), non-fungible tokens (NFTs), and digital asset management. By investing in early-stage projects, COTI seeks to foster a thriving ecosystem of innovative solutions that contribute to the growth and accessibility of DeFi.