Startup Kaito Gets $87.5M Valuation in New Funding to Build AI Search Engine for Crypto

Canada News News

Startup Kaito Gets $87.5M Valuation in New Funding to Build AI Search Engine for Crypto
Canada Latest News,Canada Headlines
  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 63%

EXCLUSIVE: Startup _kaitoai raised $5.5 million to build an AI-powered search engine for crypto users, doubling its funding in four months. egreechee reports

. After a crypto winter and regulatory crackdown that has soured investor and public attitudes towards digital assets, AI is emerging as the new tech darling.company LinkedIn post

LLMs, like OpenAI's ChatGPT and Google's Bard are artificial neural networks trained on large datasets of language, such that they can understand and generate human-like texts. Due to their proficiency with language, LLMs can understand complex concepts and explain them to users in an approachable way.

CoinDesk had a chance to try out Kaito's search prompts. When we asked it about the hottest topic within the industry right now: how will the, the world's largest asset manager, impact bitcoin, the chabot linked ten news article on the topic and generated an ambivalent answer.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

CoinDesk /  🏆 291. in US

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Startup Day at Geekdom to bring full day of business programming on WednesdayStartup Day at Geekdom to bring full day of business programming on WednesdayGeekdom's Startup Day will bring a day full of programming and networking opportunities for the business community.
Read more »

Ayahuasca for Climate Anxiety, Midlife Crisis, & Startup Life: My Journey - CleanTechnicaAyahuasca for Climate Anxiety, Midlife Crisis, & Startup Life: My Journey - CleanTechnicaLike many of you, I’ve been loosely following the rise of psychedelics in clinical treatment for things like PTSD. And like many of you, I’ve been curious to try this therapy for my own stresses and traumas — chief among them, climate anxiety. So it is that I took a little journey to a place […]
Read more »

Pitch deck that cloud startup Render used to raise $50 million in VCHe was employee No. 8 at Stripe. Now, he's taking on Salesforce and AWS with $50 million in new funding for his startup Render. Here's the pitch deck it used.
Read more »

A startup has unveiled a hydrogen-powered supersonic plane at the Paris Air ShowA startup has unveiled a hydrogen-powered supersonic plane at the Paris Air ShowDreams of supersonic travel live long after Concorde and may be realized as early as the next decade without worries about carbon emissions.
Read more »

Payments startup dtcpay closes $16.5 million round led by Pontiac Land chairPayments startup dtcpay closes $16.5 million round led by Pontiac Land chairSingapore-based dtcpay, a payments startup with a crypto business, raised a $16.5 million pre-Series A round.
Read more »

This AI Startup Wants To Be The Next Nvidia By Building Brain Cell-Powered ComputersThis AI Startup Wants To Be The Next Nvidia By Building Brain Cell-Powered ComputersAt Cortical Labs, CEO Hon Weng Chong is building biological computers that he hopes will not just surpass AI, but supercharge growth of other companies.
Read more »



Render Time: 2025-02-28 22:25:40