Latest news with #Hyperion
Associated Press
11-06-2025
- Business
- Associated Press
Hyperion Closes Strategic Funding Round Led by OKX Ventures to Accelerate Unified Liquidity and Trading Layer on Aptos
HONG KONG, June 11, 2025 /PRNewswire/ -- Hyperion, the largest decentralized exchange (DEX) on the Aptos blockchain, has officially closed a strategic funding round led by OKX Ventures, with participation from Aptos Labs, Arthur Hayes' family office Maelstrom, and leading global investment fund Mirana Ventures. This latest milestone marks a critical step in Hyperion's mission to expand protocol adoption, enhance decentralized trading and product experiences, and establish itself as the unified liquidity and trading layer of the Aptos ecosystem. From Leading DEX to On-Chain Yield Infrastructure on Aptos With over $100 million in Total Value Locked (TVL) and a cumulative DEX trading volume exceeding $3 billion, Hyperion has rapidly emerged as the leading decentralized exchange on Aptos. Leveraging Aptos' high-performance parallel execution engine, Hyperion delivers a seamless and efficient trading experience by integrating swap aggregation, concentrated liquidity market-making (CLMM), dynamic liquidity market-making (DLMM), and vault strategies into a unified on-chain platform. Hyperion's role as the on-chain liquidity hub of Aptos grows steadily. Building on its DEX foundation, the project is evolving into an on-chain yield infrastructure to provide users with greater value and convenience. In May, Hyperion launched its Vault feature, enabling users to delegate tokens to vault market makers without the complexities of managing dual-token purchases or setting liquidity provider (LP) price ranges. This innovation allows users the chance to earn on-chain yields with minimal intervention. Building a Unified Liquidity and Trading Layer of Aptos Looking ahead, Hyperion plans to introduce a Launchpad feature designed to empower innovative asset mint and distribution within the Aptos ecosystem, inject fresh momentum, and expand on-chain asset use cases. The feature leverages Hyperion's position as the leading liquidity hub on Aptos, supported by a vibrant community and a strong partner network. According to Hyperion's recently published roadmap, the project targets a Token Generation Event (TGE) in Q3 2025, with additional product features planned for release in the second half of the year. These developments will advance Hyperion's vision of building a unified liquidity and trading layer that Aptos needs in order to create a global trading engine. Looking Forward: Scaling Growth and Deepening Community Engagement The closing of this strategic funding round marks a pivotal transition for Hyperion—from early-stage development and community building to large-scale growth and ecosystem expansion. The project is now focused on engaging its community through various initiatives and incentives aimed at active users, traders, token holders, and social media participants. Hyperion invites stakeholders to join its growing community as it builds a robust, user-centric liquidity and trading layer powering the long-term growth of the Aptos ecosystem. About Hyperion Hyperion is the largest Dex on Aptos, building the unified liquidity and trading layer of Aptos - a high-performance platform that combines swap aggregation, market-making, and vault strategies into one seamless on-chain experience. Since its mainnet launch in February 2025, Hyperion has become the largest DEX on Aptos in terms of trading volume. As of June 10, 2025, Hyperion's cumulative trading volume has exceeded $3 billion, with a TVL over $100 million. dApp: X: Discord: Join Hyperion's Community Events: Earn $120,000 in APT via xBTC LP: Join the $40,000 Bitget Wallet Trading Events: Trade to win Lottery for $1000 Prize Pool: Community Daily Draw for $USDT prizes: View original content: SOURCE Hyperion
Yahoo
11-06-2025
- Business
- Yahoo
Exclusive: Metis CEO Tom Ngo unveils AI-native L2 infrastructure, names two key narratives
Exclusive: Metis CEO Tom Ngo unveils AI-native L2 infrastructure, names two key narratives originally appeared on TheStreet. Metis, one of Ethereum's earliest Layer 2 (L2) scaling solutions, is shifting its focus from pure scaling to enabling AI-native infrastructure, says CEO Tom Ngo. In a sit-down with TheStreet Roundtable host Malak Albaw, Ngo discussed how Metis has evolved from problem-solving in scaling to delivering real-world utility at the intersection of blockchain and AI. Reflecting on Metis's origins, Ngo noted, 'We were one of the first L2 to scale out Ethereum. We've seen so many challenges in the industry… and right now, AI is the biggest convergence for our industry." He stressed that blockchain's role in AI—especially in verifying and aligning data—is becoming central to their mission. 'So we're getting ready to launch Hyperion, a high‑speed instant L2 to really support the data AI sector,' Ngo revealed. Designed to handle both transaction throughput and data processing, Hyperion is Metis's answer to the raw data demands of machine learning and large-language models. Echoing the industry's focus on data integrity, Ngo compared the need to validate AI inputs with how we verify news: 'How do you validate truth?… Without the right data and without the correct models, AI is pretty inefficient.' He explained Metis is incubating a project called LAAS AI (Ledger-as-a-Service AI), aiming to solve the 'data alignment problem.' Blockchain, Ngo says, enables tracking the origin, purpose, and evolution of data—creating a trustless, transparent record of who contributed what. 'We can track where the data source is coming from… the truth of an origin… validated by its purpose.' Regarding broader Web3 adoption, Ngo identified user growth as the core challenge: 'The blockchain industry… is struggling to bring in new users and finding new use case… the economic system isn't built to sustain it.' He positions blockchain + AI as a powerful economic incentive: contributors to AI models can be rewarded via tokenised incentives, creating lasting utility-driven ecosystems. Exclusive: Metis CEO Tom Ngo unveils AI-native L2 infrastructure, names two key narratives first appeared on TheStreet on Jun 10, 2025 This story was originally reported by TheStreet on Jun 10, 2025, where it first appeared. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
West Australian
27-05-2025
- Business
- West Australian
Williams stable celebrate whopping $1.1 million Alsephina sale ahead of Western Empire's Belmont Sprint tilt
Grant and Alana Williams have a chance to cap an already remarkable week with Western Empire in Pinjarra's transferred Group 3 $200,000 Belmont Sprint (1400m). On Tuesday, the Williams' bonny mare Alsephina sold for $1.1 million to Katsumi Yoshida of Japan at the Gold Coast National Broodmare Sale, ending her whirlwind tenure for the husband-wife training duo. Her sale price almost matched her deeds on the track, retiring with stakes of over $1.1 million after running in March's Group 1 Coolmore Classic at Rosehill. ' Ï thought she could make $1 million. The reserve was a lot lower, but I said to them, 'put a realistic, conservative reserve on her and get her on the market' and the market took care of the rest,' her consigner Julian Blaxland said. 'She's a beautiful mare, great physical and she rated really well with all the ratings guys. She was a proper mare, she might have only been a Group 2 winner, but she was certainly Group 1 calibre.' Despite the excitement, Grant Williams remains all business at the stable's Karnup property to ready Western Empire for the Belmont Sprint. After the latter half of Belmont's Saturday fixture was postponed due to track issues, Williams had to take evasive action to ensure the gelding's preparation was spot on. 'On Sundays, every horse in our place has the day off,' Williams told TABradio. 'They have a light day on the Friday and just go on the water walker, so we couldn't afford to give them an easy day Saturday as well. 'We galloped a few of those horses that weren't able to race on Saturday, on Sunday. 'We took him to the old hill on Sunday just for a change and he worked really good. '(Alana) is happy with him, so that's good enough for me.' A $4.20 TABtouch second elect trailing favourite West Star ($3), Western Empire is awkwardly drawn in gate 14 but will be suited to the rise to 1400m. 'We'll still be three deep with cover at some stage,' Williams said. 'Belmont does suit the horse; it's a big open track. It's not ideal (to be at Pinjarra), but at least we're going around. 'The only way we could be at 1200m again (like last start) would be because we needed a run or something like that. 'That won't happen again and we'll change our course next time, and go back to the longer races.' The son of Iffraaj is the defending champion of the Belmont Sprint having beaten Searchin' Roc's by a nose last year. He went on to run in the Hyperion and Strickland Stakes (1600m and 2000m) subsequent to that run, with Williams indicating that may again be the case. This Saturday's Belmont meeting has also been shifted to Pinjarra with further extensive testing commissioned to external consultants Ground Science and Living Turf, who will analyse both the surface of the track and soil and sand profiles beneath.
Times
15-05-2025
- Entertainment
- Times
Matthew Best obituary: conductor and bass singer
In 1973 a small choral group in Sevenoaks, Kent, were giving their first concert and needed a name. Their programme included several 15th and 16th-century madrigals, many of which referred to Corydon, a shepherd or rustic figure, and thus they became the Corydon Singers. 'Yes, I know it looks like Croydon spelt backwards, but 70 concerts later we are stuck with the name,' Matthew Best, their founder and conductor, told Gramophone magazine in 1990. 'At the time, just after my O-levels, all very precocious, we had no idea we would give more than a one-off performance.' Over the years the Corydon Singers evolved into one of the country's finest choral groups, performing in London concert halls and recording previously uncharted repertoire for the Hyperion label, often ecclesiastical in nature. 'Although we have always had a regular concert series, it has been through recordings that we have made our name,' Best said. Selecting the right voices was in itself an art form. 'Singers are booked individually for each rehearsal and performance, and we don't meet once a week like choral societies,' he explained. 'I used to twist people's arms to join. Now we receive many requests for auditions.' The critics were impressed by the results. 'The Corydon Singers would lift the roof as required one moment and the hair on the back of one's neck a few bars later,' The Guardian noted after one concert. The Corydon Singers were one of many outlets for Best's musical talents. 'I've always had a double career, as an opera singer and as a conductor,' he told the journalist Andrew Green in a recent online interview looking back on their 1994 recording of Vaughan Williams's opera Hugh the Drover that also featured the New London Children's Choir directed by Ronald Corp. Gradually Best narrowed his own singing down to a select band of repertoire. 'I made a conscious decision in 1992 to cut out the rest and concentrate on the Wagnerian roles,' he said. At the 2000 Edinburgh International Festival he gave a towering performance of Wotan in Scottish Opera's Ring Cycle, appearing on stage for almost the entirety of Die Walküre, including the full 90 minutes of Act Two. This brought not only mental demands, but also physical difficulties. 'I drink huge amounts of liquid because it's good for the voice,' he told The Scotsman. 'But I always have to bear in mind that once I step on to the stage I'm there to the bitter end. There's no loo on the set.' Matthew Robert Best was born in Kent in 1957, the son of Peter Best and his wife Mary (née Reid). He recalled hearing Wotan's farewell for the first time. 'I was sitting with my mother at home doing my homework while listening to the wireless. My ears pricked up when it came on and I sat spellbound. It made a big impression,' he said. He started playing clarinet at the age of 12 and moved on to singing, conducting and composing while at Sevenoaks School. 'My best creation was the opera Humbug, which was performed at the school last year,' he told the Sevenoaks Chronicle in 1974 about his adaptation of Dickens's A Christmas Carol. As a choral scholar at King's College, Cambridge, Best's robust singing occasionally got the better of him. On one occasion he was in the choir rehearsing Michael Wise's 17th-century setting of the canticles for choral evensong when Philip Ledger, the director of music, fixed him with stern gaze and growled somewhat presciently: 'Mr Best, you are singing Wise in F, not Wotan.' He was a soloist in the university music society's performance of Handel's Israel in Egypt and in 1978 Opera magazine praised his 'astonishingly ripe and sonorous voice' as Seneca in a student staging of Monteverdi's The Coronation of Poppea. He went on to train at the National Opera Studio and in February 1979 returned to King's College to conduct the premiere of his own operetta Alice, based on Lewis Carroll's Alice Adventures in Wonderland, directed by Nicholas Hytner. There were further performances in that year's Aldeburgh Festival, including a guest appearance by the tenor Sir Peter Pears. In 1980 he joined the Royal Opera House, Covent Garden, as principal bass though was rarely cast in anything other than minor roles, and two years later won the £1,000 Decca-Kathleen Ferrier Prize. He made his Proms debut in the first half of the 1986 Last Night as one of the soloists in Puccini's rarely heard Preludio Sinfonico and Messa di Gloria. Meanwhile, in 1983 he married Roz Mayes, a member of the Corydon Singers. She survives him with their children, Alex, who is a sports teacher, and Natasha, a music teacher. By then much of his energy was going into the Singers. 'In 1981 we decided to make a record for the fun of it; a compilation of English music through the ages,' he said. This caught the attention of Ted Perry, the founder of Hyperion, who released the Singers' next album, featuring Bruckner Motets, and followed this with the first recording of Herbert Howells's Requiem, which was made a few days after the composer's death. In 1991 the Corydon Singers were joined by the Corydon Orchestra, which made its debut in a series of Mozart concerts at St John's, Smith Square. They accompanied the Singers in their recordings of Bruckner's Masses, some of which they brought to the Proms in 1994, while their recordings of Berlioz's L'Enfance du Christ and Beethoven cantatas were runners-up at the 1996 and 1997 Gramophone Awards respectively. In recent years Best taught at the Royal Northern College of Music in Manchester, though conducting and singing remained his greatest passions. 'I'm consciously trying not to blur the issue, but ultimately I feel that the combination of the two must come together,' he once said. 'Somewhere along the line, I would like to think I could combine the two experiences.' Matthew Best, bass singer and conductor, was born on February 6, 1957. He died from cancer on May 10, 2025, aged 68
Yahoo
15-05-2025
- Automotive
- Yahoo
Innoviz Technologies Ltd (INVZ) Q1 2025 Earnings Call Highlights: Record Revenues and Strategic ...
Release Date: May 14, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Innoviz Technologies Ltd (NASDAQ:INVZ) reported record revenues of $17.4 million for Q1 2025, marking a nearly threefold increase sequentially and 2.5 times year-over-year growth. The company achieved a gross margin of approximately 40%, the highest in its history, supported by positive contributions from NREs. Innoviz Technologies Ltd (NASDAQ:INVZ) has expanded its NRE payment plan from $80 million to $95 million, with significant cash payments expected in 2025 and 2026, indicating strong customer commitment. The strategic partnership with Fabinet is expected to efficiently scale production of the Innovvi2 platform, enhancing manufacturing capabilities globally. Innoviz Technologies Ltd (NASDAQ:INVZ) is experiencing strong momentum in the automotive sector, with significant collaborations, including an expanded partnership with Nvidia on the Hyperion platform. Despite the record revenues, the company's operating expenses for Q1 2025 were approximately $21 million, which, although reduced from the previous year, still represent a significant cost. The gross margin improvement is largely attributed to NREs, which may not be sustainable at the same level in the future, leading to potential fluctuations. The company's revenue expectations for 2025 are back-loaded, indicating potential volatility and dependency on customer timelines. There is uncertainty regarding the impact of US tariffs, which could affect future operations despite current minimal impact. Innoviz Technologies Ltd (NASDAQ:INVZ) faces competitive pressures in the autonomous driving market, requiring continuous technological advancements to maintain its leadership position. Warning! GuruFocus has detected 3 Warning Signs with INVZ. Q: What is Innoviz's market position in the RoboTaxi sector, especially with the recent VW announcement and other partnerships? A: Innoviz is working with strong platform players like Mobilize, which is gaining partners such as Volkswagen, Holon, and Verner. The recent Uber and Volkswagen deal is expected to allow faster scaling. The removal of limitations on autonomous taxis in the U.S. has started a race among companies to capture city markets. Innoviz's early presence in this space, with its LiDAR technology, positions it as a significant player in the RoboTaxi market. (Respondent: CEO) Q: Can you explain the strong gross margin in Q1 and what can be expected from NRE programs in the future? A: The Q1 gross margin was 40%, significantly influenced by NREs, which positively impact margins. While such high margins may not be consistent, positive and relatively high margins can be expected when NREs are involved. The unevenness in margins is due to the relative percentage of NRE versus unit sales. (Respondent: CFO) Q: How are tariffs impacting Innoviz, and what measures are in place to mitigate any potential effects? A: Innoviz's products do not fall under the 25% tariff category as they are automotive components. The impact is expected to be minimal to none. Additionally, Innoviz's partner, Fabinet, has facilities worldwide, providing flexibility to address any future tariff issues. (Respondent: CFO) Q: Could you provide more insights into the partnership with Nvidia on the Hyperion platform? A: Innoviz is a leader in the collaboration with Nvidia on the Hyperion platform, which is a full-stack solution offered by Nvidia. Innoviz's LiDAR is the reference sensor for this platform outside of China. This partnership is crucial for scaling through partners, similar to the engagement with Mobileye. (Respondent: CEO) Q: Are you seeing a growing number of RoboTaxi RFQs or programs, or is the pipeline still focused on Level 3 programs? A: The pipeline is about fifty-fifty between traditional OEMs focusing on Level 3 and technology companies developing platforms for various vehicle types, including RoboTaxis. The race to deploy RoboTaxis is intensifying, and Innoviz's automotive-grade, geopolitically free solutions offer advantages in challenging environments. (Respondent: CEO) For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus.
