Search results for MONOLITH
Crypto
XRPL developer Cauliman declines public XRP price forecast, focuses on building
Mister Cauliman, an XRP community figure and XRP Ledger (XRPL) developer, has drawn a line against making public forecasts of XRP’s future price and said he will focus on building within the ecosystem. He said in a post on X that he will not publicly predict XRP’s price. His comments came as bold price targets circulate in and outside the community. Reactions were mixed, with some calling his wording vague and others backing his focus on use cases and development.
AI & Enterprise
China\'s DeepSeek nears 11 trillion won funding from Tencent, CATL; valuation seen up to 90 trillion won
Chinese AI startup DeepSeek is nearing the completion of its first external fundraising round since its founding. The funding is expected to exceed 50 billion yuan, while the company has been valued at close to $60 billion, reports said. Participants are said to include Tencent, NetEase, JD.com and battery maker CATL, as well as venture capital firms. Founder and CEO Liang Wenfeng plans to invest about 20 billion yuan of his own money.
AI & Enterprise
Nvidia to invest $2 billion in CoreWeave to support 5 GW AI computing expansion
Nvidia will invest $2 billion in AI cloud company CoreWeave, TechCrunch reported on Jan. 26. Nvidia bought CoreWeave Class A shares at $87.20 per share. The companies plan to jointly build AI factory data centres using Nvidia chips, and CoreWeave will integrate Rubin architecture, Bluefield storage systems and the Vera CPU line into its platform. CoreWeave’s shares rose more than 15 percent after the news.