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Search resuls for: "Nod Labs"


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Advanced Micro Devices announced Tuesday it will acquire Nod.AI, an open-source artificial intelligence software startup, to expand the chipmaker's AI software operations. Nod.AI, or Nod Labs, builds open-source technologies "for future AI systems," according to the startup, and it mainly specializes in reinforcement learning, a type of system that "learns" via trial and error. During the same period, AMD reported a revenue decline of 18% but still beat analysts' estimates for sales and profit. Prior to founding Nod in 2013, Anush Elangovan, the startup's CEO, was part of the first Chromebooks team at Google and a lead engineer at Cisco. AMD and Nod.AI did not respond to CNBC's request for comment.
Persons: Boppana, Anush Elangovan, Harsh Menon, Nod's, Kitty Hawk, Larry Page Organizations: Micro Devices, Nod, Nvidia, AMD, Nod.ai, Google, Cisco, Nod Labs, Bluetooth, Menlo Ventures, Sequoia Capital, Apple, Samsung
Crypto wallets let people keep custody of their assets, but they're notoriously hard to use. As a result, there's a big market opportunity for friendlier wallets, VC Adam Struck told Insider. By contrast, non-custodial crypto wallets, such as MetaMask, allow people to keep control over their assets. That opens up a big opportunity for wallet startups that can offer a better user experience, according to Adam Struck, the founder and managing partner of the investment firm Struck Crypto. But having easier options for storing crypto assets without having to rely on any given company's investment practices could serve as a valuable stopgap until that happens, he believes.
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