ChainCatcher news, the cryptography company Zama has released the latest version of its research progress, including TFHE-rs (v0.8), Concrete (v2.8), and Concrete ML (v1.7). The TFHE-rs v0.8 released by Zama features encrypted arrays and improved multi-GPU support.The released Concrete v2.8 introduces interoperability with TFHE-rs and automatic module tracking capabilities. Concrete ML v1.7 includes transformer model fine-tuning and DNA applications.In November, Zama will release fhEVM v0.6, with the core highlight being the new fhEVM coprocessor, allowing developers to deploy confidential smart contracts directly on Ethereum.

ChainCatcher news, Mind Network and ZAMA will jointly hold a founder dialogue on FHE (Fully Homomorphic Encryption) and AI at 23:30 Beijing time on June 17, in X Space. ZAMA CEO Rand Hindi, Mind Network co-founders Christian, Mason, and research lead Ashely will participate in the discussion. Both Mason and Ashely are Ethereum fellows.This dialogue will delve into the integration of FHE and AI technologies and their potential in practical applications. Recently, ZAMA and Mind Network jointly launched the Hybrid FHE AI network, aimed at enhancing the security and privacy of decentralized AI. On July 10, Mind Network will also collaborate with ZAMA at the CoFHE event during ETHCC to continue the thematic discussion on "How to Build FHE AI."Zama is an open-source cryptography company focused on developing privacy-preserving machine learning frameworks, simplifying the use of FHE, and supporting the automatic conversion of machine learning models into FHE-equivalent models. Mind Network is the first FHE Restaking layer designed for AI and PoS networks, providing solutions for AI networks, DePIN, and storage in Web3 infrastructure.

ChainCatcher news, according to The Block, open-source crypto company Zama announced the completion of a $73 million Series A funding round, led by Multicoin Capital and Filecoin developer Protocol Labs, with participation from Metaplanet, Blockchange Ventures, Vsquared Ventures, and Stake Capital. Additionally, angel investors including Filecoin founder Juan Benet, Solana co-founder Anatoly Yakovenko, and Ethereum co-founder and Polkadot co-founder Gavin Wood also participated in this round of investment.Zama co-founder and CEO Rand Hindi stated in an interview that Zama has raised significant funds in two rounds over the past two years. Hindi mentioned that this is an equity financing round, bringing Zama's total funding to over $80 million to date, but he declined to comment on the valuation. As part of the Series A funding, Filecoin's Benet and Multicoin's Kyle Samani will join Zama's board.It is reported that Zama was co-founded by Hindi and Pascal Paillier in early 2020. Paillier is a renowned cryptographer and one of the inventors of fully homomorphic encryption (FHE) technology, which is the core technology of Zama. Zama plans to use the new funding to continue research and development of its FHE tools. Hindi stated that since the early research, Zama has achieved a 100-fold performance improvement, and now its goal is to achieve another 1,000-fold performance improvement to support large-scale applications.

ChainCatcher news, according to CoinDesk, Shiba Inu has announced the launch of a privacy-focused new network on the Shibarium blockchain to empower the SHIB token.It is reported that Shiba Inu is collaborating with the open-source crypto company Zama to develop this network, with the exact mechanism known as Fully Homomorphic Encryption (FHE), which is a privacy tool that allows developers to use data in untrusted domains without the need for decryption.In addition, the new privacy layer allows developers to add a centralized network on top of Shibarium, which is a Layer 2 network that settles transactions on the Ethereum blockchain.