Venice AI hits unicorn status with $65M Series A led by Paradigm

Venice AI's privacy-focused approach could redefine data security standards in AI, influencing broader tech industry practices and user expectations. The post Venice AI hits $1B valuation as Erik Voorhees bets big on privacy appeared first on Crypto Briefing.

Anthropic's pricing strategy for Claude Fable 5 could reshape AI infrastructure economics, impacting decentralized AI and crypto market dynamics. The post Anthropic launches Claude Fable 5 with one-week trial and 50% usage cap for subscribers appeared first on Crypto Briefing.

Venice AI, the privacy-focused artificial intelligence (AI) platform founded by bitcoin advocate Erik Voorhees, closed a $65 million Series A round at a $1 billion post-money valuation. Crypto venture firm Dragonfly led the round. Coinbase Ventures, North Island Ventures, Archetype, Morgan Creek Digital, and Liquid 2 Ventures also participated. The July 1 announcement marks Venice’s […]

Venice AI is already profitable, with annualized run-rate revenues of over $70 million, CEO Erik Voorhees said.

The lifting of export controls on Fable 5 highlights the growing regulatory risks for AI firms and strengthens the case for decentralized AI. The post Trump administration plans to lift export controls on Anthropic’s Fable 5 AI model tonight appeared first on Crypto Briefing.

The new investment vehicle arrives as asset managers expand TAO offerings and decentralized AI gains momentum following recent restrictions on Anthropic's models.

Morpho founder Merlin Egalite says the DeFi lender raised $175 million in a round co-led by Paradigm, a16z crypto and Ribbit Capital.

Anthropic's most powerful public model came with guardrails users called too broad — then the US government switched it off entirely. Crypto's builders say that is exactly why AI should run on networks no company or state controls, and traders have started to bid up the tokens betting on it.