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Amazon’s cloud infrastructure service, Amazon Web Services (AWS), is on track to record its strongest year of growth in three years, fueled by the AI industry’s unprecedented demand for computing power. AWS is growing 20% year-over-year and ended the third quarter with $33.1 billion in sales through the first nine months of the year, Amazon … Read more
Nvidia on Monday unveiled a set of new world AI models, libraries, and other infrastructure for robotics developers, most notable of which is Cosmos Reason, a 7-billion-parameter “reasoning” vision language model for physical AI applications and robots. Also joining the existing batch of Cosmos world models are Cosmos Transfer-2, which can accelerate synthetic data generation from … Read more
Crypto fundraising remained resilient from June 15 to June 21, with 18 projects securing a combined $159.5 million despite broader market volatility. The week was dominated by infrastructure and AI-focused ventures, with EigenLayer leading the pack through a $70 million round backed by a16z crypto—bringing its total funding to $234.5 million. Other notable raises included … Read more
BVNK has secured backing from Visa Ventures, marking the payments giant’s latest move to integrate stablecoin technology into its global network. Stablecoin payments infrastructure provider BVNK has secured a strategic investment from Visa, deepening the traditional payments giant’s push into blockchain-based settlement technologies. The investment, made through Visa Ventures, was announced Tuesday by BVNK CEO … Read more
Transnational cybercrime gangs in Southeast Asia continue to grow, expanding their reach through crypto and custom blockchain services, the UN reports. Cybercrime syndicates in Southeast Asia are really stepping up their game, and crypto is right at the heart of their growing scams. Even though authorities have been cracking down, these criminal networks are spreading … Read more
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