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Will Fabric Cryptography release the Verifiable Processing Unit (VPU) by December 31, 2024?
2
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No • 50%
Official announcement from Fabric Cryptography or reputable tech news sources
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Fabric Cryptography Raises $33M to Develop VPU for Advanced Encryption
Aug 19, 2024, 04:25 PM
Fabric Cryptography, a hardware startup, has successfully raised $33 million in a Series A funding round co-led by Blockchain Capital and 1kx. The company plans to use the funds to develop a new processing unit known as the Verifiable Processing Unit (VPU), which is designed to handle advanced cryptographic computations. The VPU aims to accelerate the adoption of technologies such as zero-knowledge proofs and fully homomorphic encryption by providing a dedicated hardware solution. Fabric Cryptography's initiative is seen as a significant step towards making advanced cryptography more accessible and efficient.
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