Search results for "DCM"
23:02

The Genius Act advances new regulations for Crypto Assets supervision.

Gate News bot message, The Genius Act from the US Congress proposes a new regulatory framework for stablecoins. According to the plan, stablecoin issuers must register with the United States Commodity Futures Trading Commission (CFTC) as designated contract markets (DCM). The bill stipulates that stablecoin issuers must choose to issue on a designated blockchain network.
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07:17

BentoML secures $9 million in funding to accelerate AI app development

BentoML, an AI development framework created by Chaoyu Yang, an early software engineer at data giant Databricks, announced that it has received $9 million in seed round financing, led by DCM Venture Capital and participated by Bow Capital. Hurst Lin, general partner at DCM, joined BentoML's board of directors following this funding round. It is reported that BentoML provides a high-level API that abstracts the details of the infrastructure required to run artificial intelligence models on the cloud, aiming to make the development of artificial intelligence services smoother. Specifically, BentoML targets data scientists who train AI models, DevOp engineers who manage their lifecycle, and developers who actually build applications on top of the models. With BentoML, developers can make Visual ChatGPT scalable and cost-effective for production use in just two days, Yang said. Users can also use the framework to run Stable Diffusion and open source LLMs in the cloud.
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15:02
According to a TechCrunch report on June 26, BentoML, an AI development framework created by Chaoyu Yang, an early software engineer at data giant Databricks, announced that it has received $9 million in seed round financing, led by DCM Venture Capital and participated by Bow Capital. Hurst Lin, general partner at DCM, joined BentoML's board of directors following this funding round. It is reported that BentoML provides a high-level API that abstracts the details of the infrastructure required to run artificial intelligence models on the cloud, aiming to make the development of artificial intelligence services smoother. Specifically, BentoML targets data scientists who train AI models, DevOp engineers who manage their lifecycle, and developers who actually build applications on top of the models. With BentoML, developers can make Visual ChatGPT scalable and cost-effective for production use in just two days, Yang said. Users can also use the framework to run Stable Diffusion and open source LLMs in the cloud.
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