Sei Labs, a startup co-founded by a former Robinhood engineer and a former VC from Coatue, has launched a new open sourced project that offers a novel, and exciting approach to make Ethereum faster and less expensive for developers.
On Wednesday, Sei launched The Parallel Stack, a public good project – meaning free for any crypto developers to use.
“The biggest limitation of the EVM is the lack of throughput,” Jay Jog, co-founder of Sei Labs, formerly of Robinhood, told TechCrunch.
The Parallel Stack can do around 5,000 TPS, but is aiming to hit 10,000 TPS by the end of the year, Jog said.
But they use different design philosophies and Sei’s focus is on higher throughput through parallel processing, said Jeff Feng, Sei Labs co-founder, previously an investor at Coatue.
At the moment, large organizations often employ “business intelligence” (BI) tools to figure out what the heck is going on inside their operations.
Essentially, BI tools connect to a business database and use SQL to create visualizations and build out BI dashboards.
There are huge companies involved in this space: Tableau (owned by Salesforce), Power BI (owned by Microsoft), Looker (owned by Google), and QuickSight (owned by Amazon) to name just a handful.
And how is this marketing campaign performing.” He said other players in the market target data users, whereas Fluent targets the business market, not data.
For example, Metabase is an open-source analytics and business intelligence application that allows users to create dashboards more easily.
Rabbit co-founder and CEO Jesse Lyu isn’t afraid of death… the death of the company, at least.
Rabbit’s r1, the pocket AI assistant that attracted considerable hype after its debut at CES, is certainly an original proposal.
“We immediately tried using super-prompts to get this language model to do things, and the result was very miserable,” he recalled.
“I mean, the first lesson I ever learned from Y Combinator two years ago, is that 99% of startups will die.
I think it’s good to have this level of competition that’s only going to help us grow faster, or die faster, which is the nature of startups.
So it is with Nuview, a startup aiming to map the world from space using lidar, who announced today that its acquisition of analytics platform Astraea.
In a recent interview, Nuview CEO Clint Graumann also declined to specify how many of Astraea’s employee’s would be joining the company.
Nuview is relatively young to be executing on an acquisition; Graumann founded the company in January 2022, and has raised at least $15 million to date.
“I’ve always seen Earth observation companies who try to build every capability from the ground up, struggle,” he said.
Spoc”, though Graumann declined to specify whether Nuview had booked a firm launch date for that demonstration mission.
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