The privacy protection artificial intelligence platform Venice AI has completed a $65 million Series A financing at a valuation of $1 billion, led by Dragonfly
By: www.chaincatcher.com|2026/07/01 14:42:08
0
Share
Prefer us on GoogleAccording to TechCrunch, the privacy-focused artificial intelligence platform Venice AI has completed a $65 million Series A funding round, achieving a valuation of $1 billion and becoming a unicorn. This round of financing was led by the crypto venture capital firm Dragonfly, with participation from Coinbase Ventures, North Island Ventures, and others.
Venice AI stated that the platform provides access to over 200 artificial intelligence models and emphasizes user data privacy protection along with a "low censorship" experience. The company claims to currently have over 3 million active users, an annual revenue exceeding $70 million, and has achieved profitability.
The company plans to use the new funds to purchase graphics processing units and build its own data centers to reduce reliance on leased computing power and improve gross margins.
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like
Is Zhao Changpeng Still at the Poker Table After the Peace Hotel?
Ika-Based Wallet Expands for AI Agents
human.tech has expanded the Ika network-based wallet protocol into a distributed signature infrastructure for AI agents and decentralized applications. The wallet is designed to combine distributed signatures and authority control.
FBI Agent and $1 Million Cryptocurrency Theft: What We Know About the Case
The case, centered around the theft of approximately $1 million in cryptocurrency, has led to the arrest of senior FBI special agent Patrick Stephen Yarmoh. According to investigators, the employee, who had access to information classified as "Top Secret," transferred digital assets from the wallets...
Artificial Intelligence: The AI Bubble Won't Burst, It Will Just Deflate
The AI bubble is not expected to burst suddenly according to several economists; it will slowly deflate and sort the winners from the losers.
Flowra launches Open Orderflow Auction for Solana validators
Roche and Eli Lilly Obtain FDA Authorization for Alzheimer’s Blood Test
The FDA has authorized Elecsys pTau217, a blood test developed by Roche in collaboration with Eli Lilly to help assess indications of Alzheimer’s disease in individuals aged 55 and older who show signs, symptoms, or complaints of cognitive decline. The test can be used on analyzers installed in the ...
Breaking: Bitcoin Soars. The US May Unleash Nearly $1 Trillion in Liquidity
Hawk Fire Forces Evacuation of 90,000 People Near Reno
The Hawk fire, attributed to human causes and still uncontained, has already burned over 15,000 acres near Reno and put about 90,000 people under evacuation orders or warnings. Nevada has declared a state of emergency as firefighters face winds, heat, and dry conditions that could exacerbate the eme...
MSTR Capital Increase: Strategy Raises $2.01 Billion but Bitcoin Remains Steady
Russia claims that three people, including two children, died in a drone attack in Krasnodar
Russian authorities reported the death of three people, including two children, in Krasnodar following a drone attack that also caused damage to civilian facilities and Ozon warehouses. Ukraine claimed to have hit dozens of Russian targets, while several Ukrainian regions experienced power outages a...
Trump claims hospitals are reversing gender surgeries, but the facts tell a different story
Donald Trump's statement about alleged "reverse surgeries" ordered at hospitals contrasts with funding policies, legal agreements, clinical evidence, and injunctions issued by federal judges.
Trump defends his political endorsements despite ten defeats in Republican primaries
Donald Trump claimed his political endorsements are "stronger than ever" and presented a success rate of 97%, even though ten candidates he backed lost Republican primaries this year.
New Mexico to Maintain State Coverage for Gender Affirmation Care for Minors
New Mexico will continue to provide gender affirmation care for minors with state resources when the federal cuts to Medicaid and CHIP take effect, a decision that reinforces its role as a healthcare refuge in the southwestern United States.
What is a public key in crypto? Keys, addresses, and signatures explained
What is Bitcoin dominance and how to read its chart
What is Etherscan and how do you use it?
What is a margin call? A guide to forced selling and leverage risk
Shein Debuts on the Hong Kong Stock Exchange, Aiming to Raise Over $1.7 Billion
The company reaches a valuation of $26.8 billion, a figure lower than in 2022. It plans to use the funds to finance its technological capabilities and strengthen its international presence. Criticism.
Can x402 Micro-Payments Save the Content Internet from Being Squeezed?
Institutional Cryptocurrency Trading Reaches Record 72%: Major Players Smooth Market Volatility
Institutional cryptocurrency trading has reached a new high: according to Wintermute, in the first half of 2026, professional participants accounted for about 72% of the spot volume in the company's over-the-counter segment. Cryptocurrency is becoming less dependent on impulsive retail trading, and ...
Transparency Act: Bernstein Anticipates New Decline in Crypto Market Due to Delay in Legislation
The Transparency Act remains the main regulatory event for the U.S. crypto industry: Bernstein believes that if the law does not pass by 2026, the digital asset market could face another blow, although American regulators, according to the broker, will try to close the gaps with rules more quickly.
Interview with a Renowned Crypto Analyst: Don't Expect Precise Bottom Calls, the 200-Week Moving Average Remains a Good Investment Opportunity
Bitcoin Ripped 20% Toward $80K — Is $100K Next, or Is a Brutal Retest Coming?
Bitcoin tore through the mid-$60,000s, cleared $70,000, blew past $75,000, and briefly touched $79,000+ before easing back to around $77,000 — a 20%+ move in a single week. The mood across crypto flipped almost overnight. But a violent rally is only the opening act. The more explosive the move, the more it calls for a clear, calm mind.
$638 Billion in Remaining Obligations Increases AI Credit Burden
Investment in AI infrastructure is shifting from expectations of growth in tech stocks to a phase where long-term contracts and credit burdens are being considered together. Oracle's Remaining Performance Obligations (RPO) surge, OpenAI's long-term computing agreements, and data center power contrac...
$400M AI crypto treasury firm seeks second reverse split while restoring capacity for 3 billion shares
Digital Currency X shareholders will vote Sept. 3 on a 160-for-1 reverse stock split and a reset to 3 billion authorized shares.
The Government awarded eight road corridors of nearly 4,000 km and advances with the concession of national routes for 20 years
The measure was formalized through Resolution 1379/2026. The corridors total more than 3,900 kilometers and were awarded to various consortia and private companies. The concession includes construction, maintenance, and operation through tolls.
Current Top Cryptocurrencies: The Second Ten Digital Assets Changing the Market
The current top cryptocurrencies are increasingly resembling a map of new financial infrastructure rather than a list of hype coins: here, not only price and market capitalization matter, but also the real utility for users, businesses, and decentralized financial services. The market capitalization...
From the Human Brain to the Battlefield: MSX Pre-IPO Phase III Introduces Neuralink and Anduril, Betting on the Next Frontier of AI
The Moon May Hide Accessible Ice for Future Space Missions
The Chang'e-7 mission aims to investigate the presence and distribution of water ice at the Moon's south pole using a hopping explorer designed to reach difficult terrains and shadowed craters.
Trump to Award the Space Medal of Honor to the Artemis II Crew
The Artemis II crew will be honored for their historic journey around the Moon, the first crewed mission beyond low Earth orbit since 1972. The ceremony, led by Donald Trump, will take place at the Johnson Space Center, although official information leaves open a question about the recognition of Je...
Is Zhao Changpeng Still at the Poker Table After the Peace Hotel?
Ika-Based Wallet Expands for AI Agents
human.tech has expanded the Ika network-based wallet protocol into a distributed signature infrastructure for AI agents and decentralized applications. The wallet is designed to combine distributed signatures and authority control.
FBI Agent and $1 Million Cryptocurrency Theft: What We Know About the Case
The case, centered around the theft of approximately $1 million in cryptocurrency, has led to the arrest of senior FBI special agent Patrick Stephen Yarmoh. According to investigators, the employee, who had access to information classified as "Top Secret," transferred digital assets from the wallets...
Artificial Intelligence: The AI Bubble Won't Burst, It Will Just Deflate
The AI bubble is not expected to burst suddenly according to several economists; it will slowly deflate and sort the winners from the losers.
Flowra launches Open Orderflow Auction for Solana validators
Roche and Eli Lilly Obtain FDA Authorization for Alzheimer’s Blood Test
The FDA has authorized Elecsys pTau217, a blood test developed by Roche in collaboration with Eli Lilly to help assess indications of Alzheimer’s disease in individuals aged 55 and older who show signs, symptoms, or complaints of cognitive decline. The test can be used on analyzers installed in the ...
...
Latest articles
Latest coin listings on WEEX
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com
