Vitalik Buterin Backs ETH Treasury Firms But Warns Of Risks

Ethereum co-founder Vitalik Buterin has thrown support behind so-called Ether treasury companies, but warned the trend could spiral into an “overleveraged game” if not handled responsibly. In an interview with the Bankless podcast released on Thursday, Buterin said the growing number of public companies buying and holding Ether (ETH) was valuable as they expose the…

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Sequoia backs Pydantic to expand beyond its open source data-validation framework

A U.K.-based, open-source startup is launching its first commercial product with the backing of one of Silicon Valley’s most renowned venture capital firms. Pydantic on Monday launched an observability platform called Logfire, five months after trialing it in open beta, and announced $12.5 million in Series A funding led by Sequoia. However, the company is…

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OpenAI Startup Fund backs AI healthcare venture with Arianna Huffington

Huffington Post founder Arianna Huffington and OpenAI CEO Sam Altman are throwing their weight behind a new venture, Thrive AI Health, that aims to build AI-powered assistant tech to promote healthier lifestyles. Backed by Huffington’s mental wellness firm Thrive Global and the OpenAI Startup Fund, the early-stage venture fund closely associated with OpenAI, Thrive AI…

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