PIP Labs, the developer of Story Protocol, has laid off five full-time employees and three contractors, representing approximately 10% of its total workforce. The company is redirecting its focus toward artificial intelligence infrastructure. The firm, valued at $2 billion following its latest funding round, is currently concentrating efforts on developing AI training data and agent-related tools. Its native token has declined 86% over the past year.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin