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According to CoinDesk, Fabric, a cryptocurrency "VPU" chip development company, announced the completion of a $33 million Series A funding round, led by BlockchainCapital and 1kx, with participation from OffchainLabs, Polygon, and MatterLabs. The new funds will be used to build computing chips, software, and encryption algorithms. The core of Fabric's roadmap is to build a new processing unit called a "verifiable processing unit (VPU)" that will be dedicated to processing encryption technology. @seunghhh @weyer
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