Gate Ventures and Abu Dhabi Blockchain Center Launch $100 Million Innovation Fund

22.08.2024 20 times read 0 Comments Read out

Gate Ventures and Abu Dhabi Blockchain Center Launch $100 Million Innovation Fund

Bitcoin News reports that Gate Ventures, in collaboration with the Abu Dhabi Blockchain Center, has launched a groundbreaking innovation fund worth over $100 million. This initiative aims to foster advancements in blockchain technology by providing substantial financial support to promising projects.

DMG Blockchain Solutions Announces Q3 2024 Earnings Release Date

According to wallstreet:online, DMG Blockchain Solutions Inc., a leading company in blockchain and data center technology, will release its third-quarter earnings for 2024 on August 26th after market close. The following day at 4:30 PM ET, they will host a conference call via Zoom where management will review the results and provide corporate updates.

The company is also set to participate in upcoming investor conferences such as the Gateway Conference on September 4-5 in San Francisco and the H.C. Wainwright Global Investment Conference from September 9-11 in New York City.

Humans.ai Acquires Starfish Technologies

Coin Kurier reveals that Humans.ai has acquired Starfish Technologies, known for their TensorChain invention. Razvan Costin of Starfish Technologies joins Humans.ai as Head of Innovation. This acquisition marks significant progress towards revolutionizing tensor-based operations within blockchain AI deployment.

Status Partners with Linea for Enhanced Ethereum Scalability

An article from FXStreet's German site discusses how Status has partnered with Linea to improve Ethereum's scalability through Zero-Knowledge Ethereum Virtual Machine (zkEVM) technology. This partnership aims to create a more transparent and secure ecosystem while addressing high transaction fees and throughput issues associated with Ethereum.

The Role of Blockchain in Future AI Development

A report by Cryptopolitan highlights why blockchain could play an essential role in advancing artificial intelligence (AI). By leveraging decentralized infrastructures like SingularityNET or Ocean Protocol’s Compute-to-Data feature, it ensures transparency, privacy protection, affordable computational resources, and collaborative marketplaces crucial for future AI innovations.

Tackling High-Dimensional Data Processing Through TensorChain

FinanzNachrichten.de covers how Humans.ai's recent acquisition of Starfish Technologies enhances their capabilities through TensorChain—a revolutionary solution designed specifically for processing complex AI tasks securely using cutting-edge tensor operations across various industries including finance and healthcare.

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Article Summary

Gate Ventures and Abu Dhabi Blockchain Center have launched a $100 million innovation fund to advance blockchain technology, while DMG Blockchain Solutions will release its Q3 2024 earnings on August 26th. Additionally, Humans.ai has acquired Starfish Technologies for tensor-based AI operations in blockchain, Status partnered with Linea to enhance Ethereum scalability using zkEVM technology, and the role of blockchain in future AI development is highlighted by leveraging decentralized infrastructures.