a16z crypto

Story raises $83M at a $2.25B valuation to build a blockchain for the business of content IP in the age of AI

AI /

Companies like OpenAI, Anthropic and Stability AI have faced a lot of heat over how they have scraped and mis-used intellectual property owned by others when training and operating their foundational AI models. Now, a startup called Story that is building a blockchain-based platform to help IP owners track usage more effectively is announcing $83 […]

Story raises $83M at a $2.25B valuation to build a blockchain for the business of content IP in the age of AI Read More »

The SEC has charged an a16z and Sequoia-backed crypto startup founder with fraud 

Cypto /

The founder of once-hyped crypto startup BitClout is facing trouble. On Tuesday, the SEC charged BitClout founder Nader Al-Naji with fraud and unregistered offering of securities, claiming he used a pseudonymous identity to avoid regulatory scrutiny while he raised over $257 million in cryptocurrency.  BitClout, a decentralized social media platform, raised from a who’s-who of

The SEC has charged an a16z and Sequoia-backed crypto startup founder with fraud  Read More »