Within the ever-evolving cryptocurrency landscape, GYEN crypto emerges as a significant innovation reshaping decentralised finance. Developed by GYEN Labs and launched in 2018, this stablecoin operates on the Ethereum blockchain, offering users a secure alternative for financial transactions, bypassing the traditional banking system.
JoyNvidia strengthens its foothold in Vietnam, investing and fostering partnerships to drive AI development, navigating challenges to emerge as a key player in technology advancement.
Hui XinMistral AI, a rising force in AI technology, is close to securing a substantial funding round of approximately €450 million ($487 million). With investors like Nvidia and Salesforce contributing, the company's valuation is expected to reach $2 billion. Notable figures, including co-founders and insiders, are set to sell significant equity. Mistral AI, positioning itself as a cost-effective alternative, has gained recognition in the tech industry and secured substantial funding earlier this year. The company's trajectory highlights the growing prominence of European AI startups.
SanyaUS Secretary of Commerce Gina Raimondo urged Congress members, Silicon Valley, and allies to prevent China from acquiring crucial semiconductors and cutting-edge technologies vital for national security.
OliveTogether AI secures $102.5 million in Series A investments, with participation from NVIDIA and Kleiner Perkins. Emphasizing research and optimized generative models, the startup plans to enhance its cloud platform, contribute to open source, and prioritize privacy. Nvidia's pivotal role in computing needs and the company's open-source advocacy position Together AI for future success. However, concerns persist regarding the reliance on a single computing option and the competitive landscape.
BerniceReported by Reuters on July 20, this move aligns with the increasing global trend among central banks to delve into the development of digital versions of their currencies for retail use.
Coinlive The Mitsubishi UFJ Financial Group, Datachain, and Solamitsu are working on making the Progmat Coin, a Yen-backed stablecoin, interoperable.
BeincryptoSeveral banks will stress test a digital yen for more than two years.
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