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Pathway Raises $10M as It Enters the 'Live AI' Space Amid Cohere and Writer<answer>

2024-11-29

As large enterprises strive to integrate AI into their platforms and processes, a significant challenge emerges. Generative AI requires memory and continuous training data updates to be practically useful. This has led to the emergence of 'Live AI', with several startups like Cohere, Writer, and Pathway actively working in this space. Pathway, in particular, has just raised a $10 million Seed round, aiming to build live AI systems that think and learn in real-time like humans.

Investors and Their Impact

The Seed round was led by TQ Ventures, with participation from Kadmos, Innovo, Market One Capital, Id4, and angel investors. An interesting investor in Pathway is Lukasz Kaiser, the co-author of Transformers and a key researcher behind GPT o1 from OpenAI. These investors believe in Pathway's potential and are supporting its growth.

Pathway's Offering

Pathway's offering includes 'infrastructure components' that power live AI systems. By feeding on structured and unstructured data, enterprise AI platforms can make decisions based on up-to-date knowledge. Customers such as NATO and La Poste, the French post office, have already recognized the value of Pathway's solutions.Zuzanna Stamirowska, Co-Founder and CEO of Pathway, emphasizes the importance of dealing with knowledge and memory in deep learning and LLM assistants. Currently, an LLM acts like a smart intern on the first day, unable to truly memorize information. Pathway enables developers to build a pipeline for feeding live data into AI systems during the prompting stage of building LLM or Gen AI applications.

The Team Behind Pathway

Stamirowska has assembled an impressive, highly technical team to achieve the startup's goals. Her co-founders are CSO Adrian Kosowski and CTO Jan Chorowski, who previously worked with the "Godfather of AI", Geoff Hinton. Stamirowska herself is the author of a state-of-the-art forecasting model for a complex network in the maritime trade, published by the Academy of Sciences of the US."The company started with an idea that came to my mind on a sunny morning in Chicago," she said. "Accompanying a friend to a scientific conference in theoretical computer science led to a small disagreement, which inspired me to start my own thing. I took out my laptop and began reaching out to people in my network to move forward. I still remember the taste of that coffee."

Pathway's Competitive Position

When asked about Pathway's position against other startups in the space, Zuzanna Stamirowska pointed out that in GenAI engineering and knowledge management, Cohere and Writer are beside them in the latest Gartner Quadrants. In enterprise deals, they often encounter Palantir for AI transformation tenders, although Palantir is less product-oriented than Pathway.Commenting in a statement, Schuster Tanger, Co-Managing Partner and Co-founder at TQ Ventures, praised Pathway. He said, "Zuzanna and the team at Pathway possess bleeding-edge insights and expertise in one of the most exciting fields in modern business. The response from the developer community has been powerful."

Incoming president Donald Trump is currently giving serious thought to naming an "AI czar" within the White House, as reported by Axios. This move could potentially have a significant impact on the future of artificial intelligence within the government. If such a policy position is appointed, they would be tasked with facilitating the coordination of federal regulations and the utilization of AI by the government. It's important to note that an AI czar would not need Senate confirmation, enabling them to swiftly commence working towards the administration's goals, as pointed out by Axios. The role of an AI czar might potentially be merged with a "crypto czar" role that the White House is also reportedly contemplating. This combined role would complement the agency chief AI officers established under President Joe Biden's AI executive order. However, Trump has the option to eliminate these officers and their respective offices in favor of a more centralized governance approach. At present, no names have been proposed for this crucial position. But it is widely known that Tesla CEO Elon Musk and Vivek Ramaswamy, the co-leaders of the extra-governmental organization known as DOGE, will play a significant role in determining who will hold the AI czar position. Their expertise and influence in the field of technology are likely to shape the direction of this important role.

Significance and Implications

The appointment of an AI czar holds great significance as it could lead to more streamlined and coordinated efforts in the development and implementation of AI policies. It would help ensure that the government is at the forefront of leveraging AI technology for the betterment of society. Without the need for Senate confirmation, the AI czar can quickly get to work on addressing the challenges and opportunities presented by AI. This could potentially result in faster decision-making and the implementation of effective AI strategies. Moreover, the potential combination of the AI czar role with the crypto czar role adds another layer of complexity and potential synergy. It shows that the White House is taking a comprehensive approach to addressing the emerging technologies and their implications.

Elon Musk's Potential Impact

Tesla CEO Elon Musk is a renowned figure in the tech industry and has extensive experience in the field of AI. His insights and leadership could bring a unique perspective to the role of AI czar. Musk has been at the forefront of developing and promoting AI technologies through Tesla's autonomous driving projects. His understanding of the technical aspects and potential risks associated with AI makes him a valuable candidate for this position. His influence could help shape the government's approach to AI, ensuring that it is developed in a safe and responsible manner.

Vivek Ramaswamy's Role

Vivek Ramaswamy, as the co-leader of DOGE, brings a different set of skills and perspectives to the table. DOGE is an extra-governmental organization that has been actively involved in the blockchain and cryptocurrency space. Ramaswamy's expertise in this area could potentially contribute to the integration of AI and blockchain technologies. His understanding of the decentralized nature of these technologies could help the government navigate the complex landscape of emerging technologies and find innovative solutions. His input could also help ensure that the government's AI policies are in line with the evolving needs of the digital economy.

In the ever-evolving world of cryptocurrencies, several names have been making waves. Kaspa, Bitcoin, Solana, Ethereum, SUI, Cardano, Toncoin, WIF, Polkadot, and the highly anticipated JetBolt (JBOLT) are all vying for attention. While some established players like Bitcoin, Solana, and Ethereum are showing remarkable price surges, others such as SUI, Toncoin, and more are experiencing significant growth that is turning heads. Among them, JetBolt's innovative features and its ongoing presale, where an astonishing 100 million tokens are being sold, have captured the interest of crypto enthusiasts. But what makes these coins the top choices for investment? And what is driving the JetBolt presale frenzy? Let's delve deep and explore the answers as we analyze these top 10 cryptocurrencies.

Uncover the Best Cryptos for the Bull Run with JetBolt at the Forefront

JetBolt (JBOLT): The Rising Star with Zero-Gas Technology

JetBolt is a young altcoin that has made a significant impact since its presale began. It has sold over 100 million tokens, attracting the attention of crypto whales. One of its standout features is the revolutionary zero-gas technology. By leveraging the power of the Skale network, JetBolt enables crypto users to make transactions without the hefty gas fees that often burden other blockchain platforms. This innovation opens up new possibilities for seamless and cost-effective transactions.Moreover, JetBolt offers effortless crypto staking. Stakers not only hold tokens but also gain bonuses by connecting and engaging with friends on the platform. During its presale, JetBolt has captured the interest of early buyers who flock to it for exclusive perks. By purchasing JBOLT tokens in batches or Alpha Boxes, they can get up to 25% additional tokens. This has created a buzz around JetBolt and added to its allure.

Kaspa (KAS): Fast Transactions and Scalability through DAG Protocol

Kaspa is a proof-of-work (PoW) cryptocurrency that has gained popularity due to its unique DAG protocol. This protocol gives Kaspa the ability to offer fast transactions and scalability. After its recent listing on the major exchange Kraken, Kaspa reached $0.17 but has since dipped to its current price of $0.15. Despite the price fluctuation, Kaspa's technological prowess remains intact, making it a notable cryptocurrency to consider.

Bitcoin (BTC): The King of Cryptocurrency

Referred to as "digital gold," Bitcoin is the first and largest cryptocurrency by market capitalization. During this month's bullish runs, Bitcoin has managed to break through its previous highs. The latest all-time high (ATH) was recorded at $99,645 on November 22, 2024, and as of now, it is trading at approximately $94,302. Bitcoin's stability and widespread recognition make it a staple in the cryptocurrency market.

Solana (SOL): Fast and Affordable Transactions with a Home for Meme Coins

Solana is renowned for its fast and affordable transactions. It has become a "home" to many popular and emerging meme coins in the crypto space. The network activity of Solana continues to surge, with the latest reports indicating a $109 billion record high in DEX trading volume this November. At the time of writing, SOL is trading at $236.87, highlighting its strong position in the market.

Ethereum (ETH): The Second-Largest Cryptocurrency

Ethereum is the second-largest cryptocurrency by market capitalization, trailing only Bitcoin. Bitcoin has a market capitalization of $1.8 trillion, while Ethereum commands a market cap of $412.7 billion. As of now, ETH is valued at $3,427. Ethereum's smart contract platform and continuous development efforts contribute to its significance in the crypto ecosystem.

Sui (SUI): A Layer-1 Blockchain Platform with Liquid Bitcoin Staking

Sui is a Layer-1 blockchain platform where the native token SUI is used for value exchange and transaction fees. In a recent development, Sui announced that it will bring liquid Bitcoin staking to its network in December. This move is expected to enhance its functionality and attract more users. At the press time, SUI is priced at $3.22.

Cardano (ADA): A Smart Contract Platform with Essential Upgrades

Cardano is a smart contract platform created by Ethereum co-founder Charles Hoskinson. It is focused on growth with essential upgrades like the Hydra Doom testnet update, which aims to enhance its transaction capacity. According to data from CoinMarketCap, ADA is trading at $0.9744.

Toncoin (TON): The Native Cryptocurrency with Versatile Uses

Toncoin is the native cryptocurrency of the TON blockchain and is used for various purposes such as transactions and gaming. On November 23, 2024, TON's price reached $6.6, which is the highest it has seen in the past 90 days. Currently, TON is trading at $6.22, showing its potential and market activity.

Dogwifhat (WIF): The Fun Crypto with a Unique Twist

Like other popular dog meme coins, Dogwifhat is inspired by the Shiba Inu dog but with a cute pink knitted hat. Recently, Robinhood added Dogwifhat to its crypto trading options, causing its price to spike to $3.65 before dropping to its current price of $3.36. This shows the impact of such announcements on the crypto market.

Polkadot (DOT): A Blockchain Network of Networks

Polkadot is a "blockchain network of networks" with DOT as its native token. DOT is trading at $8.34 and has shown a significant surge of 39.9% over the past week. This rally was triggered by the announcement of a new mobile game called "FIFA Rivals" that will run on the Polkadot network, highlighting its potential for growth and innovation.FAQs:Which coins are best for the bull run?Based on the latest blockchain developments, the best cryptocurrencies to buy for the bull run include:KaspaBitcoinSolanaJetBoltEthereumSuiCardanoToncoinDogwifhatPolkadotWhich coins will explode in 2024?Some of the trending cryptocurrencies today include Kaspa, Bitcoin, Solana, Ethereum, SUI, Cardano, Toncoin, WIF, Polkadot, and JetBolt. Each of these coins offers unique features that have helped them gain traction and witness historic price climbs. JetBolt, in particular, has burst onto the scene, selling over 100 million tokens since its presale began.While it's impossible to predict with certainty which specific coins will explode due to market volatility, these cryptocurrencies are definitely ones to keep an eye on in 2024.This article explored the best crypto to invest now, presenting a list of emerging and established tokens like Bitcoin, Solana, Ethereum, Cardano, the new altcoin JetBolt, and more. Each cryptocurrency showcases innovative features and has witnessed notable developments recently, making them the top 10 cryptocurrencies to buy for the bull run. Market newcomer JetBolt is particularly noteworthy with its groundbreaking zero-gas technology and a rapidly expanding presale.To learn more about JetBolt and its ongoing presale, visit the official JetBolt website today.Please note that this article does not provide financial advice. Always exercise caution and conduct thorough research before investing in any cryptocurrency. All crypto assets are inherently risky and can be highly volatile.This is a sponsored article. The opinions expressed are solely those of the sponsor, and readers should conduct their own due diligence before taking any action based on the information presented.