According to Beating AI News, Temporal, an open-source software and cloud service developer, announced on Monday that it has completed a $550 million funding round. The round was led by Lightspeed Venture Partners, with participation from Wellington Management, Goldman Sachs' Growth Equity, and Tiger Global. The post-money valuation has reached $12.55 billion, more than 1.5 times the $5 billion raised in February of this year.

Founded in 2019, Temporal primarily provides open-source software to help applications recover from failures, especially for AI agent scenarios, reducing the need for developers to write custom failure recovery code. Its commercial platform, Temporal Cloud, currently has over 4,300 customers, including OpenAI, NVIDIA, Netflix, JPMorgan Chase, and Snap.

Temporal stated that its annualized revenue run rate has exceeded $250 million, more than doubling year-over-year, and plans to use this round of funding to expand its global operations and R&D investment. The company currently has approximately 570 employees.

According to BlockBeats, on September 14th, data from BIT (Bit.com) showed that Dell Technologies' stock price fell by more than 6% on Monday due to a sell-off in the AI sector. This resulted in a $15.1 billion decrease in founder Michael Dell's net worth, bringing it down to $261.4 billion. Dell's ranking on the Forbes Real-Time Billionaires List dropped from second to fourth, behind only Musk, Larry Page, and Bezos.

Dell Technologies' stock price previously benefited from the AI data center investment boom, with a cumulative increase of approximately 321% this year. The company's earnings report released on September 1st showed that second-quarter revenue reached $47 billion, a year-on-year increase of 58%, with AI-optimized server revenue doubling to $16.4 billion. The company projects AI-optimized server revenue to reach $74 billion in fiscal year 2027, higher than its previous forecast of $60 billion.

This pullback coincided with a general decline in global AI-related stocks. Recent calls from Anthropic CEO Dario Amodei and OpenAI CEO Sam Altman to slow down cutting-edge AI development have prompted the market to reassess AI capital expenditure and infrastructure needs. On Monday, Nvidia fell over 3%, AMD fell over 5.5%, Intel fell 5.5%, SoftBank's stock closed down over 10%, and ASML and Samsung also weakened.

According to BlockBeats, on September 14, Upbit announced that due to wallet system maintenance, Zcash (ZEC) withdrawal services will be temporarily suspended. The specific resumption time will be announced separately based on the confirmation of the wallet system's security.

Upbit stated that the suspension only affects ZEC network withdrawals. Since ZEC trading support has ended on Upbit, the platform currently only offers withdrawal services for this asset. During the suspension, processes such as ZEC deposit refunds and withdrawal address registration may also be temporarily interrupted, and will be processed sequentially once withdrawals resume.

Upbit stated that it will continue to work with the project team to ensure the safety of user assets and will notify users of any further changes through announcements.