TechubNews

Efficient Computer announces the completion of $60 million in seed funding to advance low-power artificial intelligence computing. The new Electron E1 processor utilizes spatial data flow architecture to improve energy efficiency and is applied in fields such as industrial automation. The funding will support technology development and team expansion.

Opkey launches the automation tool Opkey Design Studio, aimed at streamlining application discovery and design processes. The tool offers AI support features through the Argus model, increasing the speed of Oracle and Workday implementations, reducing repetitive work, providing a competitive edge for system integrators, and enhancing customer experience. Recently, Opkey secured $47 million in funding.

The cryptocurrency market is currently experiencing volatility, with major coins showing divergent prices. Bitcoin increased by 0.52% to $67,258, and Ethereum rose by 1.42% to $1,977. The total market capitalization reached $2.31 trillion, with a trading volume of approximately $82.34 billion. The DeFi market saw a slight increase, while stablecoin trading volume declined. Investors should monitor altcoin movements and adjust their strategies accordingly.

Solid Data Inc. secures $20 million in funding, dedicated to enhancing the credibility of AI agents. By developing semantic models, it helps AI understand business data, aiming to improve insight accuracy to over 85% and reduce manual operations. The company plans to use the funding to strengthen product and team development and offer free trials.

Selector software raises $37.5 million in valuation and raises $32 million in funding, dedicated to providing AI-driven network troubleshooting solutions. Its platform can automatically identify technical issues, generate natural language alerts, and help businesses manage network failures more effectively. The funding will be used for platform upgrades and market expansion.

Against the backdrop of rapid growth of AI unicorn companies, the biotechnology industry has consolidated its market position through mergers and acquisitions, with transaction volumes exceeding $38 billion in the past two years. Although the proportion of financing has decreased, major acquisitions are still underway, and industry performance remains stable, creating conditions for sustainable development.

In the past 24 hours, the cryptocurrency market has liquidated approximately $134.42 million, with a relatively balanced ratio. Bitcoin and Ethereum liquidation volumes dominate, while WLFI tokens, despite rising by 17.81%, have experienced an abnormal phenomenon of more short liquidations, requiring attention to the market's two-way volatility risk.

Bitcoin weakens while Ethereum strengthens, and the market remains volatile. It is reported that there has been $771 million in short-term liquidations. Ethereum spot ETF inflows amount to $48.63 million, while Bitcoin experiences outflows of $104.9 million. Meanwhile, DeFi protocol Moonwell lost $1.78 million due to oracle failure, and Russia may block access to offshore exchanges starting July 1. The overall market should pay attention to these risk factors.

Signs of a clear U.S. economic recovery are evident, with non-farm employment, unemployment rate, and average hourly earnings exceeding expectations. However, the market's misunderstanding of slowing employment data has been noted, with experts pointing out that various factors have distorted recession expectations. In particular, the steady rise in average hourly earnings indicates that the economy is not in a recession. Although good data triggered market declines, experts believe this reaction is excessive, and future rate cuts are still possible. The Economic Surprise Index continues to rise, suggesting that the economic acceleration will persist and the likelihood of a recession is low.

The report indicates that by 2025, network risks will undergo a structural shift, with a significant increase in threat actor activities and accelerated identity-based attacks, leading to frequent severe loss events. Dataminr found that the attack surface is shifting toward identity, with attackers favoring the use of valid credentials. The report emphasizes that traditional assessment methods are insufficient to cope with complex attacks and that artificial intelligence platforms are needed to manage and prevent risks.