💰 #AI A16z-backed Cursor developer Anysphere Inc. plans to raise several hundred million dollars in funding.
The round could value the company at about $10 billion, well above the $2.5 billion valuation in January. techinasia
The round could value the company at about $10 billion, well above the $2.5 billion valuation in January. techinasia
Tech in Asia
A16z-backed AI developer firm in talks for $10b valuation
Anysphere has grown rapidly, reaching over US$100 million in annual recurring revenue within 12 months.
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🔮 #AI CEO ARK Invest predicts the US economy is headed for unprecedented productivity growth fueled by AI and other new technologies. decrypt
Decrypt
ARK Invest's Cathie Wood Predicts End of Rolling Recession Amid Looming AI-Driven Productivity - Decrypt
Cathie Wood foresees 7.3% GDP growth, while claiming the biggest productivity gains in history lie just ahead.
🗣 #AI CZ: not every AI agent needs its own token. Agents can take fees in an existing crypto for providing a service. Launch a coin only if you have scale. Focus on utility.
X (formerly Twitter)
CZ 🔶 BNB (@cz_binance) on X
On AI agents, I have an unpopular opinion:
While crypto is the currency for AI, not every agent needs its own token.
Agents can take fees in an existing crypto for providing a service.
Launch a…
While crypto is the currency for AI, not every agent needs its own token.
Agents can take fees in an existing crypto for providing a service.
Launch a…
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🤖💰 #AI Graphite raised $52M in a Series B round led by Accel, with participation from Anthropic's Anthology Fund, a16z and others.
TechCrunch
Anthropic-backed AI-powered code review platform Graphite raises cash | TechCrunch
Graphite, an AI-powered code review platform backed by Anthropic, has raised cash in a new fundraising round.
Report World Economic Forum (WEF):
The integration of blockchain and artificial intelligence will drive the decentralized physical infrastructure network (#DePIN) market to exceed $3.5 trillion by 2028, and decentralized physical #AI (DePAI) will be a key growth driver, enabling users to engage in machine learning processes through distributed networks in their daily activities.
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Whale spent $23 million buying #AI-agent tokens on #Base and sold everything today for just $2.58 million, resulting in a loss of $20.43 million (-88.77%).
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