From TechCrunch
By Kyle Wiggers
October 31, 2023
It’s strange times we’re living in when a blockchain billionaire, not the usual Big Tech suspects, is the one supplying the compute capacity needed to develop generative AI. It was revealed yesterday that Jed McCaleb, the co-founder of blockchain startups Stellar, Ripple and Mt Gox and aerospace company Vast, launched a 501(c)(3) nonprofit that purchased 24,000 […]
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Andreessen Horowitz helps founders meet compute needs with ‘Oxygen’ private GPU cluster
Andreessen Horowitz has a massive cluster of Nvidia H100 GPUs to help its portfolio of AI startups meet their compute needs, the venture capital firm confirmed for the first time on Wednesday. The program, called “Oxygen”, allows their portfolio companies to train or operate their AI models without negotiating market rates. A16Z’s Oxygen cluster gives startups some breathing room, so to speak, to compete against larger tech companies – such as Google, Meta, and Microsoft – in building large AI
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Blockchain startup Fetch.ai grabs $40M to provide monetization and other tooling for AI-generated information
AI is riding high on a curve of hype, which means some of the practical questions that might grow louder over time — the many costs (financial and social), the business models — may not be the most front of mind right now. Today a startup called Fetch.ai is announcing $40 million in funding in […]
Mar 29, 2023
Nvidia’s AI empire: A look at its top startup investments
No company has capitalized on the AI revolution more dramatically than Nvidia. Its revenue, profitability, and cash reserves have skyrocketed since the introduction of ChatGPT a little over two years ago — and the many competitive generative AI services that have launched since. And its stock price soared more than eightfold. During that period, the world’s leading high-performance GPU maker has used its ballooning fortunes to significantly increase investments in all sorts of startups but par
Jan 11, 2025
Stripe enlists a who’s who, including Anthropic, OpenAI, and Paradigm, to build a new blockchain
Stripe is funding a new blockchain called Tempo to process stablecoins faster. And many big names are joining the effort.
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