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A16z Crypto Introduces Jolt zkVM for Blockchain Scaling
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A16z Crypto Introduces Jolt zkVM for Blockchain Scaling

Andreessen Horowitz (A16z) Crypto has introduced Jolt, a zero-knowledge solution that integrates SNARKs, enabling faster SNARK-based Layer 2 solutions and enhanced security for developers.

Quora's Poe Secures $75M for AI Chatbot Expansion
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Quora's Poe Secures $75M for AI Chatbot Expansion

Quora has secured $75 million from Andreessen Horowitz to expand Poe, its AI chat platform, focusing on creator monetization and integrating leading AI models like ChatGPT and DALL-E 3.

a16z Leads Blackbird's $24M Series A Funding to Elevate Dining Experiences Through Web3
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a16z Leads Blackbird's $24M Series A Funding to Elevate Dining Experiences Through Web3

a16z leads Blackbird’s $24M Series A funding round to foster a web3-enabled platform aimed at revolutionizing dining experiences and financial prospects for restaurants. Announced on October 4, 2023, this investment marks a significant stride towards intertwining blockchain technology with the gastronomic sector, heralding an enriched era of dining engagements.

a16z: Top 50 Generative AI Revealed; ChatGPT, CharacterAI, Bard, Poe, QuillBot Rank Top 5
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a16z: Top 50 Generative AI Revealed; ChatGPT, CharacterAI, Bard, Poe, QuillBot Rank Top 5

ChatGPT, the fastest consumer application to achieve 100 million active users, is dominating the GenAI space. 80% of the top 50 GenAI web products didn't exist a year ago, with ChatGPT accounting for 60% of monthly traffic. General LLM chatbots dominate, but AI companions like CharacterAI and content generation tools are gaining traction. The GenAI space is rapidly evolving, with ChatGPT leading the charge.

Pahdo Labs Secures $15M Series A Funding led by a16z
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Pahdo Labs Secures $15M Series A Funding led by a16z

New York-based game development studio Pahdo Labs has raised $15M in a Series A financing round, with participation from Pear VC, BoxGroup, Long Journey Ventures, Neo, and Global Founders Capital. The company, founded in 2021, focuses on creating multiplayer video games and is launching its upcoming project, "Halcyon Zero," in September. The game, built on the Godot Engine, combines anime aesthetics and action role-playing, allowing players to craft their own worlds.

Breaking: Coinbase, a16z, and Ledger Back New Texas Alliance Advocating for Clear Digital Asset Regulations
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Breaking: Coinbase, a16z, and Ledger Back New Texas Alliance Advocating for Clear Digital Asset Regulations

The Crypto Freedom Alliance of Texas, backed by industry leaders like a16z crypto, Bain Capital Crypto, Blockchain Capital, Coinbase, Ledger, and Paradigm, is launching a campaign to establish transparent and consistent digital asset regulations in Texas. The alliance aims to provide insights and guidance to regulators and industry stakeholders, fostering innovation and protecting consumers. The alliance is expected to grow and play a more influential role in the Texas legislative process.

Andreessen Horowitz Backed Story Protocol Secures $54M in Funding
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Andreessen Horowitz Backed Story Protocol Secures $54M in Funding

Story Protocol, a San Francisco-based startup, raised $54 million in a funding round led by Andreessen Horowitz's a16z crypto. The company aims to redefine the IP landscape with an open infrastructure layer optimized for the internet era.

Ideogram AI Secures $16.5 Million in Seed Financing Led by a16z and Index Ventures
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Ideogram AI Secures $16.5 Million in Seed Financing Led by a16z and Index Ventures

Ideogram AI, an AI company, aims to use generative AI to enhance human creativity. The company has raised $16.5 million in seed financing, with participation from venture capital firms and industry experts. Ideogram AI is seeking talent in engineering, research, design, and operation, based in Toronto.

a16z Continues to Deposit Maker (MKR) to Coinbase
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a16z Continues to Deposit Maker (MKR) to Coinbase

a16z deposits more MKR to Coinbase, now holding $6M in MKR. An unidentified whale also moved $4.85M MKR to Binance.

Binance Now Ranked as the Second Largest Voting Power in Uniswap DAO
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Binance Now Ranked as the Second Largest Voting Power in Uniswap DAO

Binance is now ranked as the second-largest voter in the Uniswap DAO after a16z

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