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Capitalizing on the AI Boom: Aerospike Secures $100M for Its Real-Time Database Platform

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NoSQL database Aerospike today announced that it has raised a $100 million Series E round led by Sumeru Equity Partners. In 2022, Aerospike added document support and then followed that up with graph and vector capabilities — two database features that are crucial for building real-time AI and ML applications. “We were founded primarily as a real-time data platform that can work with data at really high scale, or, as we call it, unlimited scale,” Aerospike CEO Subbu Iyer said. So our premise has held good that real-time data and real-time access to data is going to be important pretty much across every industry. “Aerospike, with its impressive customer base and performance advantage at scale, is uniquely positioned to become a foundational element for the next generation of real-time AI applications.”

“Transforming the Digital Landscape: An Upcoming web3 Network Strives to Break Free from Big Tech’s Data Domination”

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A new web3 network is being built right now that wants to end Big Tech’s control of your dataMany of the people building Web3 feel like the traditional web ecosystem has taken advantage of users and their data. It’s the initial team supporting The Graph, a decentralized network that indexes, queries and organizes data. It has been called the “Google of web3” and aims to organize open blockchain data and make open data a public good. “Web3 is still being built, we’re still working on building this decentralized internet that is censorship resistant. “The one thing that’s really important about AI is that it’s all about data,” Kline said.

“Unstoppable Momentum: Solana’s Memecoin Craze, Backpack’s Beta Triumph, and Starbucks’ NFT Program Shutdown”

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Welcome to TechCrunch Crypto, formerly known as Chain Reaction. Hello and welcome back to the TechCrunch Crypto newsletter. This week in web3Crunching numbersThis week the crypto market prices were lower, but still relatively strong compared to previous months. Bitcoin was down 6.5% on the week at $67,300 and 32% higher on the month, at the time of publication. This kickstarted her career in web3, data and AI solutions.