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Tendrils completes a $30 million seed funding round, and plans to build a general-purpose processor capable of running thousands of cores in parallel.

12 minutes ago

Cambridge-based semiconductor startup Tendrils has closed a $30 million seed financing round, equivalent to roughly €26 million, led by Benchmark, with follow-on investments from Visionaries Club, the UK Sovereign AI Fund, FR8, Antimatter, Cloudberry VC, Conviction, Embassy Ventures, and SV Angels, plus multiple angel investors. Founded in 2025, the company was established by CEO Nils Cremer and co-founders T6 and Hugo McNally. It is developing a general-purpose processor architecture that enables thousands of cores to operate in parallel. Based on the interaction network computing model, the new architecture represents programs as interconnected nodes, allowing independent operations to execute simultaneously, and aims to move beyond traditional shared mutable memory and linear instruction sequences. Tendrils is also developing an open-source programming language called Vine, whose syntax is similar to Rust, to simplify software adaptation to this parallel-first architecture. The firm noted that while GPUs have taken on large-scale numerical computing, AI agents still rely heavily on CPUs for irregular tasks such as code execution and document retrieval. Jack Altman, General Partner at Benchmark and co-founder of Lattice, will join Tendrils' board of directors.

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Anthropic Discloses Over $10 Billion in New Transactions

According to a report from The Information, Anthropic has disclosed a new deal worth over $10 billion.

1 minutes ago

Barclays significantly ramped up its holdings in BlackRock's Bitcoin ETF in Q3, while Citigroup newly established a position in Fidelity's Bitcoin ETF.

Barclays' latest 13F filing shows that as of September 30, the bank held approximately 3.94 million shares of BlackRock's spot Bitcoin ETF (IBIT), valued at around $187 million, a 48% increase from 2.66 million shares worth $88.5 million as of June 30. Citigroup, meanwhile, newly disclosed holdings of Fidelity's spot Bitcoin ETF (FBTC) worth about $119 million, with its IBIT position rising from roughly 347,000 shares at the end of June to around 521,000 shares, a roughly 50% increase. Bitwise data shows that among 1,389 institutions that have filed third-quarter reports, banks' total holdings stand at $258 million, accounting for 4.9% of all disclosed spot Bitcoin ETF positions, up from $107 million and 3.2% in the second quarter. Investment advisors remain the largest holding group, with $3.5 billion in positions, making up 66.6% of the total. The combined holdings of these institutions rose from $3.35 billion to $5.25 billion. Early data indicates that long-term holders' share among spot Bitcoin ETF investors is rising, and financial advisors at major banks and wealth platforms are now able to recommend these products to clients. JPMorgan Chase, Wells Fargo, and hedge funds Millennium, Schonfeld, and others have not yet filed their reports, with the submission deadline being next Monday. It is important to note that IBIT's price rose approximately 41% in the third quarter, so the increase in position value does not equate to an equivalent amount of new purchases; share changes should be the focus. The above positions are as of September 30, after which Bitcoin prices pulled back. U.S. spot Bitcoin ETFs saw a net inflow of about $6.34 billion in the third quarter, followed by a net outflow of roughly $2.1 billion in the fourth quarter as of Tuesday.

1 minutes ago

Morgan Stanley has removed NVIDIA from its list of preferred stocks.

Morgan Stanley removed NVIDIA (NVDA.O) from its preferred stock list, and maintained an "Overweight" rating.

1 minutes ago

A crypto whale opened a large long position in NVDA and SNDK, with a total value of approximately $36.9 million.

According to Lookonchain monitoring, a whale (0xc8b5) has heavily opened long positions on NVDA (NVIDIA) and SNDK (SanDisk). It went long 136,982 NVDA with 5x leverage, valued at approximately $24.2 million, and went long 13,655 SNDK with 2x leverage, worth around $12.7 million.

1 minutes ago

GMGN’s team leaderboard welcomes new members: Chengdu Group CDC, KONOHA, Nobody (Wuming Xiaozu) and HIDEOUT.

GMGN APP’s team leaderboard has welcomed new additions: Chengdu Group CDC, KONOHA, Nobody (Anonymous), and HIDEOUT. To date, members of Chengdu Group CDC have generated lifetime profits of $6.67 million, while KONOHA’s members have earned $2.91 million, Nobody’s (Anonymous) members $2.86 million, and HIDEOUT’s members $80,000.

1 minutes ago

WEEX Launches BNB Trading Airdrop: First Trade Losses Guaranteed to Be Compensated, Participants to Split a 50,000 USDT Prize Pool

WEEX (Weike) Announcement: BNB Trading Airdrop Underway, Total Prize Pool of 50,000 USDT. During the event, new users who make a net deposit of no less than 100 USDT and complete their first spot trade with BNB (no volume threshold) will get an immediate 10 USDT reward. If that first BNB spot trade results in a loss, users are eligible for platform compensation of up to 50 USDT in bonus funds. Additionally, users with a cumulative BNB spot trading volume of no less than 500 USDT can unlock a lucky blind box valued at 5 to 50 USDT. Invite friends to join the event and earn up to 1,000 USDT in rewards.

1 minutes ago

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