#market

Shocking remarks by Racer, the co-founder of the SocialFi protocol Friend.tech, about potentially relocating the project from Base have caused a mild panic within the community. With Friend.tech already facing challenging times, the market responded anxiously to the news.

There's a price war in the Chinese semiconductor market, with Nvidia taking on Huawei.

Venture capital firm Founders Fund, co-founded by Peter Thiel, has invested in the cryptocurrency prediction market platform Polymarket, which allows users to place bets on various events, including U.S. presidential elections. The project has raised a total of $70 million, with even Vitalik Buterin joining in as one of the investors.

French AI developer H has raised $220 million, including investments from venture capitalists, to establish the next generation of artificial intelligence. Among the investors are notable companies like Amazon, Samsung, and even Google's technical advisor, Eric Emerson Schmidt.