Yuga Labs, creator of the Bored Ape Yacht Club NFTs, has raised $450 million in a seed round led by Andreessen Horowitz, which has been bullish on crypto and Web3, investing in blockchain firm Solana Labs, game developer Sky Mavis and NFT marketplace OpenSea. Yuga has been busy, too, acquiring Larva Labs’ CryptoPunks collection of uniquely generated characters and Meebits library of collectible 3D characters. Collectively, Bored Apes and CryptoPunks are estimated to be worth about $3.6 billion at current prices. The funding round — which includes investments by Samsung and Google Ventures — gives Yuga what it says is a $4 billion valuation. Read more

Working with Arizona and Apple, the Transportation Security Administration has deployed digital verification for state-issued mobile driver’s licenses or identification cards stored in the Apple Wallet app on iPhones and Apple Watches. While 30 states say they are exploring digital IDs, Arizona becomes the first in which the TSA has begun using the system, activated Wednesday at Phoenix Sky Harbor International Airport. For now, the feature is available only for TSA PreCheck passengers at select checkpoints at one airport, but as other states’ device manufacturers sign on, TSA says it will expand the program. Read more

Twitter has used its Spaces platform to opine on rapidly developing EU digital regulations, an effort that after two years has become formalized as a policy advocacy group known as the Open Internet Alliance. Vimeo, Automattic, Czech search engine firm Seznam and German social network Jodel have joined Twitter as founding members. The company’s mission statement is twofold: protecting competition to “avoid entrenching the dominance of the biggest players,” and focusing more on “how content is discovered and amplified.” The group aims “to strengthen the advocacy voice of medium-sized companies that promote the Open Internet.” Read more

Nvidia CEO Jensen Huang announced a host of new AI tech geared toward data centers at the GTC 2022 conference this week. Available in Q3, the H100 Tensor Core GPUs are built on the company’s new Hopper GPU architecture. Huang described the H100 as the next “engine of the world’s AI infrastructures.” Hopper debuts in Nvidia DGX H100 systems designed for enterprise. With data centers, “companies are manufacturing intelligence and operating giant AI factories,” Huang said, speaking from a real-time virtual environment in the firm’s Omniverse 3D simulation platform. Read more

Yandex — the giant Russian tech brand involved in everything from search to music streaming and ride-hailing — has been reeling from the effects of economic sanctions and the country’s invasion of Ukraine. Yandex stock, described as “soaring” on its Nasdaq debut in 2011, was in February said to be “in freefall,” having declined to about half of its value. The company has an estimated 67 million users worldwide, including in Michigan, Arizona, Ohio, London and Paris, where partnerships with Uber and Grubhub were followed by forays into robotic food delivery and self-driving cars. Read more