Crypto News

Bitlayer Secures $11M in Series A Funding Led by Franklin Templeton and ABCDE

Bitlayer Labs, the team behind a Bitcoin layer two (L2) solution utilizing the BitVM paradigm, has successfully raised $11 million in a Series A funding round led by Franklin Templeton and ABCDE. This investment elevates Bitlayer’s total funding to $16 million, bringing its valuation to $300 million. Institutional Investment Advances Bitlayer’s Bitcoin L2 Development BitlayerSource link

NVIDIA and Meta Collaborate on Advanced RAG Pipelines with Llama 3.1 and NeMo Retriever NIMs

NVIDIA and Meta introduce scalable agentic RAG pipelines with Llama 3.1 and NeMo Retriever NIMs, optimizing LLM performance and decision-making capabilities. (Read More)Source link

Sam Altman Sponsored Study Found UBI Increases Spending on Basic Needs and Philanthropy

A multi-year study sponsored by Openai’s Sam Altman examined the effects of a UBI stipend on the spending patterns of the beneficiaries, finding that most of the money was spent on basic needs. The study, which gave $45 million to thousands of Americans, also determined that the stipend increased the ability and willingness of recipientsSource link

Elon Musk Touts Tesla’s AI Edge During Q2 Earnings Call

The Tesla CEO highlighted links between the automaker and xAI, as well as its progress in robotics.Source link

Sei Blockchain Now Live on Dune Analytics Platform

Sei, a fast parallelized EVM blockchain, is now integrated into Dune's analytics platform, offering users enhanced data insights and dashboard creation capabilities. (Read More)Source link