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Project Overview
Abstract is a consumer-focused blockchain powered by cutting-edge ZK cryptography for consumer crypto, pioneering culture, community, and creativity onchain. Its mission is to build the world's biggest onchain community, driven by the culture economy, leveraging ZK Stack and EigenDA to provide cheap, fast, and secure transactions. Abstract was invented by individuals who launched and scaled Pudgy Penguins, Ethereum, and Kubernetes.
Coinbase Founder's New Company NewLimit Raises $435 Million in Series C Funding, Valued at $3.1 Billion
: NewLimit, a longevity technology startup co-founded by Coinbase founder Brian Armstrong, announced the completion of a $435 million Series C funding round, achieving a valuation of $3.1 billion. The round was led by Peter Thiel's fund, Founders Fund, with continued participation from Abstract Ventures, Kleiner Perkins, NFDG, Eli Lilly Ventures, Valor Equity Partners, and others. New investors introduced in this round include Thrive Capital, Greenoaks, and Quiet Capital.In 2021, Brian Armstrong, along with former GV partner and bioengineer Blake Byers and stem cell biologist Jacob Kimmel, jointly invested $110 million to establish NewLimit in South San Francisco.
AI social app Status AI completes $17 million seed and Series A funding round, with General Catalyst among participants
AI social app Status AI has announced the completion of a $17 million seed and Series A funding round, with participation from General Catalyst, Y Combinator, LightShed Partners, and Abstract.The project primarily focuses on developing a gamified AI social media application that allows users to play any role in a virtual world, transforming social media into an interactive entertainment experience. (TechCrunch)
Former OpenAI Engineer Founds Blackstar, Completes $12 Million Seed Funding Round
Odaily News: Daniel Edrisian, a former engineer from the OpenAI Codex team, has announced his departure to found AI hardware company Blackstar Computers. The company has completed a $12 million seed funding round led by Abstract, with participation from SV Angel, Naval Ravikant, Chapter One, and Timeless.Blackstar positions itself as a new type of computing device, aiming to redefine the computing experience from the hardware, software, and interaction levels. Edrisian stated that while current software development is mature, further enhancement of human-AI interaction requires innovation at the operating system level. The company currently has a team of about 8 people, distributed between San Francisco and Shenzhen, and has not yet launched a public product.
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David Sacks: Real Enterprise AI Security is About "Control," Not Abstract Alignment Research
David Sacks commented on X platform regarding an interview with Palantir CEO Alex Karp, stating that some traditional media interpreted it as an "emotional expression," but in reality, his views revealed the core issue of enterprise-grade AI security.Sacks stated that true enterprise AI security is not about abstract "AI alignment" research or government-style regulatory frameworks, but rather about enterprises having complete control over their own data, model weights, and computing infrastructure to prevent core intellectual assets from being absorbed by model vendors and turned into their own product advantages.He cited Karp's view, pointing out that what enterprise customers truly care about is having control over computing resources, models, and the data stack—ensuring that "ownership of the means of production" is not transferred.Sacks also cited the cooperation dispute between Figma and Anthropic as an example, noting that according to media reports, Anthropic "caught its partner off guard" when launching Claude Design. It was accused of encroaching into the application-layer domain occupied by its ecosystem partners during product expansion, leading to a shift in the value capture structure.He further pointed out that similar patterns have appeared in the expansion of product lines such as Claude Code and Claude Legal, where model capabilities extend upward into vertical application domains.Sacks believes that this trend indicates model vendors are transitioning from "foundation model providers" to "vertical application competitors," exposing enterprise customers to heightened risks of supplier lock-in. The essence of enterprise-grade AI security is not trusting the long-term promises of model vendors, but ensuring choice and control at the model layer to protect their own data and commercial "alpha."
Coinbase Founder's New Company NewLimit Raises $435 Million in Series C Funding, Valued at $3.1 Billion
: NewLimit, a longevity technology startup co-founded by Coinbase founder Brian Armstrong, announced the completion of a $435 million Series C funding round, achieving a valuation of $3.1 billion. The round was led by Peter Thiel's fund, Founders Fund, with continued participation from Abstract Ventures, Kleiner Perkins, NFDG, Eli Lilly Ventures, Valor Equity Partners, and others. New investors introduced in this round include Thrive Capital, Greenoaks, and Quiet Capital.In 2021, Brian Armstrong, along with former GV partner and bioengineer Blake Byers and stem cell biologist Jacob Kimmel, jointly invested $110 million to establish NewLimit in South San Francisco.
AI social app Status AI completes $17 million seed and Series A funding round, with General Catalyst among participants
AI social app Status AI has announced the completion of a $17 million seed and Series A funding round, with participation from General Catalyst, Y Combinator, LightShed Partners, and Abstract.The project primarily focuses on developing a gamified AI social media application that allows users to play any role in a virtual world, transforming social media into an interactive entertainment experience. (TechCrunch)
Former OpenAI Engineer Founds Blackstar, Completes $12 Million Seed Funding Round
Odaily News: Daniel Edrisian, a former engineer from the OpenAI Codex team, has announced his departure to found AI hardware company Blackstar Computers. The company has completed a $12 million seed funding round led by Abstract, with participation from SV Angel, Naval Ravikant, Chapter One, and Timeless.Blackstar positions itself as a new type of computing device, aiming to redefine the computing experience from the hardware, software, and interaction levels. Edrisian stated that while current software development is mature, further enhancement of human-AI interaction requires innovation at the operating system level. The company currently has a team of about 8 people, distributed between San Francisco and Shenzhen, and has not yet launched a public product.