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Tag: Andreessen Horowitz

Saudi Arabia To Establish A $40 Billion AI Investment Fund

Saudi Arabia plans a $40B AI investment, potentially becoming the industry’s largest investor, with talks of a partnership with a16z. According to reports, in recent...

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EigenLayer’s DeFi TVL hits $10 billion, secures major deal

EigenLayer has seen its total value locked (TVL) surge to US$10 billion, a substantial increase from its US$1.1 billion valuation at the beginning of...

Ideogram Is A New AI Image Generator That Obliterates the Competition, Outperforming MidJourney and Dall-E 3 – Decrypt

Ideogram AI—a startup founded by former Google engineers alongside members from prestigious institutions like UC Berkeley, Carnegie Mellon University, and the University of Toronto—has...

EU probes Microsoft’s €15M stake in AI startup Mistral

The European Commission is investigating Microsoft's €15 million ($16.3 million) investment in French startup Mistral, which came just after the latter released a large...

Bullish Crypto Investors Target US Politics With $80 Million In Funding – CryptoInfoNet

Pro-crypto super PACs (political action committees) raked in $80 million, earmarked for candidates who favor cryptocurrency regulation and innovation.According to Politico, three super PACs...

Optimism (OP) Ecotone Upgrade Set to Enhance Scaling on March 14

Optimism announces the Ecotone upgrade, integrating EIP-4844 to enhance scaling, scheduled for March 14 pending governance approval OP Labs has announced an upcoming upgrade...

Solana NFTs Cracks $5 Billion In Sales

Solana’s NFTs...

Andreessen Horowitz backs EigenLayer with US$100 mln investment

Andreessen Horowitz, a prominent venture capital firm, has invested US$100 million in EigenLayer, a protocol that introduces restaking to the Ethereum blockchain, enhancing its...

Improbable’s New Metaverse Hosts 40,000 Users Simultaneously

London-based metaverse infrastructure startup Improbable is developing a technology that could host up to 40,000 people occupying a single virtual world at the same...

Andreessen Horowitz Invests $100 Million In ETH Restaking Platform EigenLayer

Tech-focused venture giant Andreessen Horowitz (a16z) has invested $100 million in the Ethereum-based EigenLayer, suggesting that VC funding in crypto may be on course...

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