Distributed computing platform Expanso completes US$7.5 million in seed round financing, led by General Catalyst and Hetz Ventures
Expanso, a distributed computing platform, has completed a $7.5 million seed round of financing, led by General Catalyst and Hetz Ventures, as reported by VentureBeat.It is reported that Expanso's CEO, David Aronchick, previously worked at Protocol Lab. He stated that the new funds will be used to promote the development of its open-source data processing platform, "Bacalhau," and to configure additional nodes to increase capacity to handle more data tasks, including distributed training of AI machine learning and processing application logs.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Analyst Predicts Major Altcoin Surge After Bitcoin’s Post-Halving Cycle
Oklahoma proposes legislation to allow state workers and vendors to be paid in Bitcoin
Share link:In this post: Oklahoma Senator Dusty Deever has proposed the Bitcoin Freedom Act bill. The bill seeks to shield Oklahomans’ wages from inflation. Other states, such as Louisiana and Detroit, use cryptocurrency for government services.
FTX bankruptcy managers accused of spending funds on luxury hotels, travel as creditors file legal action
FTX creditor calls for tighter review of extravagant $2,600 taxi spending by bankruptcy managers.
South Korea’s crypto market poised for change with new institutional guidelines
South Korea set to adjust laws, paving the way for crypto access in tune with global standards.