Venice AI Valued at $1 Billion as Erik Voorhees Makes the Case for Private ChatGPT Rivals

Cryptocurrency & Free Speech Finance

In brief Venice AI raised $65 million at a $1 billion valuation in its first outside funding round. Founder Erik Voorhees said the company has surpassed 3 million users and become profitable. Voorhees argued AI surveillance—not model capability—is becoming the industry’s defining challenge. Venice AI has raised $65 million in its first outside funding round at a $1 billion valuation, founder Erik Voorhees announced Wednesday.In a post on X, Voorhees—a cryptocurrency industry veteran who is best known as the founder of the ShapeShift exchange—said the funding validates Venice’s mission to build a private, uncensored alternative to mainstream AI like ChatGPT.“This…

Media & Culture

The Supreme Court Agrees To Address the Constitutionality of ‘Assault Weapon’ Bans

Last year, the Supreme Court declined to hear a challenge to Maryland’s “assault weapon” ban, which covers some of the most popular rifles sold in the United States, including the AR-15. “Given that millions of Americans own AR–15s and that a significant majority of the States allow possession of those rifles,” Justice Brett Kavanaugh said at the time, “petitioners have a strong argument that AR–15s are in ‘common use’ by law-abiding citizens and therefore are protected by the Second Amendment.” Although Kavanaugh nevertheless voted against granting that petition, he said “this Court should and presumably will address the AR–15 issue soon,…

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