Hey Crunchers, here’s your weekly dose of fresh updates!
Announcement: Crunch Secures $3.5M Seed Funding
We are thrilled to announce that Crunch Lab has successfully closed a $3.5 million seed funding round, led by Multicoin Capital. This strategic investment marks a significant milestone in our journey and will accelerate our mission to empower AI researchers through distributed machine learning competitions.
This funding will enable us to expand our capabilities, enhance our platform, and create even more opportunities for our community of talented researchers and developers. We’re excited about the potential this brings to advance the field of AI and machine learning.
Check theBlock’s article: Multicoin Capital leads $3.5 million seed raise for Crunch Lab | The Block
Check the full PR: Crunch_Lab_Seed_Announcement - Google Docs
Check our lead investor’s thread on this exciting news: x.com
Important Update on Payouts:
As you may have noticed, the closing of this funding round necessitated a temporary pause in our payout process due to various administrative and structural changes. We appreciate your patience during this transition. Now that we’ve completed the necessary restructuring and and the news is out, we’re working to resume all payouts as quickly as possible. We expect normal operations to resume very soon and thank you for your understanding.
DataCrunch Equity Market Neutral - Crunch!
We’re excited to share that the latest round of computations for our leaderboard has been completed. However, we haven’t released the results just yet. Stay tuned for the official release, where we’ll showcase the top performers and their impressive achievements.
Again, we strongly encourage all participants to use our model naming feature. This not only helps you stand out but also prepares you for an upcoming major update to our HUB display system.
Community Growth:
Our community is absolutely booming! In just the last 30 days, we’ve seen our Crunch gang grow by a whopping 12%!
Obviously, a big driver behind this growth is the latest ADIA Lab Causal Discovery Challenge. We’re thrilled to see so many of you diving into this exciting field! And let’s be real – causal discovery is no walk in the park. It’s definitely more complex than the previous ADIA Lab competition, but that’s what makes it so exciting, right? You Crunchers never shy away from a challenge!
Haven’t joined the Causal Discovery Challenge yet? What are you waiting for? Jump in and show us what you’ve got! [Join the challenge here: Home - CrunchDAO
Let’s keep this amazing momentum going. Together, we’re not just pushing boundaries – we’re blasting right through them at a rapid growth rate!
Keep crunching, keep innovating, and remember: Crunchers be Crunchiiiinnn