Dune Cuts 25% of Staff, Citing Artificial Intelligence Efficiencies

Crypto data platform Dune cut 25% of its staff as part of a restructuring focused on its core data products. CEO Fredrik Haga said the company is increasing investment in AI-driven tools and institutional data services, adding more detail to the earlier explanation that the layoffs were tied to artificial intelligence-related efficiencies. The update indicates Dune is reshaping its business around product priorities and institutional offerings. The company previously raised $69.42 million in a 2022 Series B led by Coatue.

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