New nonprofit backed by crypto billionaire scores AI chips worth $500M TechCrunch

It’s strange times we’re living in when a blockchain billionaire, not the usual Big Tech suspects, is the one supplying the compute capacity needed to develop generative AI. It was revealed yesterday that Jed McCaleb, the co-founder of blockchain startups Stellar, Ripple and Mt Gox and aerospace company Vast, launched a 501(c)(3) nonprofit that purchased 24,000 […]

© 2023 TechCrunch. All rights reserved. For personal use only.

 It’s strange times we’re living in when a blockchain billionaire, not the usual Big Tech suspects, is the one supplying the compute capacity needed to develop generative AI. It was revealed yesterday that Jed McCaleb, the co-founder of blockchain startups Stellar, Ripple and Mt Gox and aerospace company Vast, launched a 501(c)(3) nonprofit that purchased 24,000
© 2023 TechCrunch. All rights reserved. For personal use only.  Read More TechCrunch AI, Startups, blockchain, crypto, Generative AI, jed mccaleb, nonprofit, startup 

Share

Leave a Reply

Your email address will not be published. Required fields are marked *