AI Chip Startup Groq Secures $640 Million in Series D Funding
With the recent funding, Groq plans to deploy over 100,000 additional LPUs into GroqCloud, focusing on the deployment of AI models for global use.
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OpenSocial Protocol Raises $6M to Boost Community-Driven dApp Creation
Everest Ventures Group, a top Web3 group in Asia, created OpenSocial Protocol. This tool offers open-source, multichain social app infrastructure, letting users and communities build social decentralized applications (dApps) without needing coding skills.
Redpill AI Secures $5 Million to Advance Decentralized AI Technology
The capital raised will enhance Redpill’s technological infrastructure and expand its global presence, keeping the platform at the forefront of decentralized technology.
Pudgy Penguins Parent Company Igloo Secures $11M for New Layer 2 Blockchain
Abstract is a new Layer 2 blockchain being built using Matter Labs' ZK Stack and EigenLayer's data availability layer EigenDA to help make the process of developing decentralized apps easier, cheaper, and safer.
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