Company Overview - The company provides a software layer that aggregates underlying physical infrastructure, including GPUs, to facilitate application development for training, inference, batch processing, and code execution [2] - The company positions itself as innovating in the software layer above the physical infrastructure, focusing on developer experience [5][11] - The company aims to be capital efficient by not owning the underlying physical infrastructure and running on top of existing clouds and neo-clouds [10][11] Funding and Investment - The company has raised over $80 million in additional funding, bringing the total to $111 million [6] - The funding will be used to hire engineers to build the platform and invest in sales and marketing [8] Market Opportunity and Customer Base - The company sees a massive market opportunity with exploding demand for its platform [8] - Customers include Medha, Lovable, Sue, Know Ramp, and Scale AI [2][12] - The company is seeing adoption from later-stage and enterprise companies moving research prototypes into production [7] - The company's customer base is primarily in the US, but is expanding globally [12][13] Technology and Infrastructure - The company's infrastructure is designed to support applications like generative media, large language models, and computational biotech [2][13] - The company's platform is used in various use cases, including curing cancer and weather forecasting [13] - The company differentiates itself from traditional infrastructure like AWS Lambda by building a new stack to support modern applications [3][4] Talent Acquisition - Finding talent to solve hard infrastructure problems is challenging [9]

Crypto Fundraising Overview - Last week's top crypto fundraising saw significant investment in various sectors [1] - Centralized exchanges (CEX) led fundraising with $500 million [1] - Stablecoins and payment solutions attracted substantial funding, exemplified by Fnality's $136 million and RedotPay's $47 million [1] Infrastructure and On-Chain Solutions - Infrastructure and on-chain solutions providers like ZeroHash secured $104 million [1] - Companies focused on infrastructure and validator services, such as Raiku, raised $1125 million [1] Emerging Sectors - Decentralized exchanges (DEX), specifically perpetual DEX Bulktrade, garnered $8 million in funding [1] - Security-focused ventures like Cloudburst received $7 million [1] - Undercollateralized lending platforms, such as Divine Research, obtained $66 million [1] - Stablecoin issuance platforms like Bastion Platform secured $146 million [1]

Investment & Infrastructure - Beijing signs a $1.4 billion deal [1] - The deal is with Zambia and Tanzania [1] - The deal aims to revive a railway line [1] Historical Context - The railway line was financed by Mao Zedong's China in the 1970s [1]

cathie wood called hyperliquid "early solana" after ark spent months analyzing defi infrastructure. same woman called tesla at $50 and bitcoin at $10k. her pattern: identify infrastructure 18 months before adoption. watch if ark adds hype to their $5.4b funds next quarter. ...

🚨 Infrastructure is the heartbeat of the crypto industry. Without it, the very blockchains, exchanges, and DApps we rely on simply wouldn't function.Join us at LONGITUDE in Singapore for a panel discussion on infrastructure featuring:@StaniKulechov — Founder of @aaveKirill Eves — CEO of @Unlimit_com@0xMert_ — CEO of @heliuslabs@sreeramkannan — Founder and CEO of @eigenlayer@mcvviriato — @RaylsLabsLONGITUDE is brought to you by Cointelegraph and @Unlimit_com ...

RT Cointelegraph (@Cointelegraph)🚨 Infrastructure is the heartbeat of the crypto industry. Without it, the very blockchains, exchanges, and DApps we rely on simply wouldn't function.Join us at LONGITUDE in Singapore for a panel discussion on infrastructure featuring:@StaniKulechov — Founder of @aave https://t.co/YXBdmaKLwf ...

🚨 Infrastructure is the heartbeat of the crypto industry. Without it, the very blockchains, exchanges, and DApps we rely on simply wouldn't function.Join us at LONGITUDE in Singapore for a panel discussion on infrastructure featuring:@StaniKulechov — Founder of @aave https://t.co/YXBdmaKLwf ...

Web3 is infrastructure for freedom. ...

an AI writing checks it can't cash. Like, how much visibility do you have that they can meet the commitments they've made to you in and amongst the tens of billions of dollars they've committed in other projects with other partners. It's an excellent question and um I think it's really important when we think about uh the size of the checks that are being written to build the infrastructure uh that we think about this in terms of how the financial markets are going to spread out this payment over time.And w ...

Pressure on Optus and SingTel mounts, inflation data points to rate hold, Macquarie boss bullish on infrastructure. Read today's Australia Briefing by @AngusWhitley1for your daily dose of the best of Bloomberg from Down Under and around the world. https://t.co/hYq2UkgnfO ...