Michael Gao
@gaoist
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It's been a pleasure working with @_weidai and the @1kxnetwork team so far. From Wei's deep dive into our ISA & SDK (I still remember him compiling code onto our VPU sim) to their stellar advice, we couldn't have partnered with a more technically deep & founder-focused fund :).
Today, we are thrilled to announce that @1kxnetwork have co-led a $33m Series A for @FabricCrypto, a company dedicated towards accelerating the adoption and proliferation of advanced & programmable cryptography, including zero-knowledge (ZK) and fully homomorphic encryption
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Thanks @0xPolygon for the support! Always fantastic to work together on making ZK real-time and accessible to everyone. Excited for what's coming :).
huge congrats to @FabricCrypto on crushing their Series A 💚💜. we're proud to be a part of the journey.
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It's been amazing working with @yuan_han_li and the entire team @blockchaincap! . There's a shelf in BCAP's office full of Bitcoin miners from dead startups. They asked "how are you not one of those?" It took 6 months for Yuan's hard work to pay off: we answered that question :).
Cryptography's next groundbreaking advancement is coming, and it's called the Verifiable Processing Unit (VPU). Just as AI needed GPUs to go mainstream, ZK and FHE needs its hardware moment too. @FabricCrypto's VPU unlock this future, making advanced cryptography fast and cheap.
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The future of web3 is aggregated + accelerated. 🫡.
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super excited about ZK use cases like this -- in the long run, ZK + AI will enable deterministic, algorithmic adjudication in natural language!.
1/ Why prediction markets need "zkTLS" and "zkLLM" 🧵. TL;DR: zkTLS + zkLLM can transform the resolution of a prediction market from an intersubjective task to an objective task. Refer to the table below (from the Eigen whitepaper) for definition of terms.
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Thanks @AlexLangeVC! The folks at @inflectionxyz are truly the most value-additive first-check investors I’ve ever seen in the 10 years I’ve spent building companies. Proud to have them as an investor!.
1/ Congrats to our portfolio @FabricCrypto to their Series A raise led by @blockchaincapit @1kxnetwork with participation from @0xPolygon @protocollabs @matterlabsxyz and many others.
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thanks @TziokasV for your support all along, always fun to nerd out with you about the potential of fully accelerated ZK!.
I am very happy to see @FabricCrypto announcing their Series A. Custom hardware can be the key that will unlock the ultimate goal, the adoption of programmable cryptography for any real world application. I am lucky enough to have spent a lot of time with @gaoist and have been.
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Thanks @fenbielding ! We truly think that one of the most important use cases of verifiability and VPUs will be the decentralization of AI, and will be exciting to see what we can do together.
Proud to back @FabricCrypto in their mission of building a general purpose processor for cryptographic operations.
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Thanks @stateroot. When real-time ZK comes out, @presto_labs’s VPU machines will be an important part of making it available to all of web3!.
1/ The journey to revolutionize the world of cryptography is just beginning, and us at @presto_labs are delighted to be a part of it. Huge congrats to the @FabricCrypto team on this impressive milestone!.
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thanks @Ismael_H_R , we're excited to see where things go from here!.
Congratulations to @gaoist, @hardwaretina and the @FabricCrypto team. Fabric’s VPU has the potential to materially change the cost and latency constraints on generating ZK proofs. Our team is excited to watch them continue to execute at the highest level!.
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Thanks @bobbinth for your support since the very early days before Fabric was founded! We really appreciated you taking the time to nerd out even when the need for ZK hardware seemed like a pipe dream – it was not so long ago :).
Congrats @gaoist and team!! The VPU will be truly revolutionary for this space, and I'm very glad they've decided to dive into crypto and came up with such an amazing product.
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