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Dune: Lay off 25% of staff to optimize AI efficiency and restructure core business
Odaily Planet Daily reports that Fredrik Haga, co-founder and CEO of Dune, stated that Dune laid off 25% of its staff this week for restructuring, aiming to further focus on developing core industry data products.
Haga pointed out that the company is increasing investment in AI-driven tools, enabling the team and agents to build dashboards and workflows through Dune MCP without needing knowledge of SQL or data infrastructure. Additionally, as assets such as currencies, stocks, and bonds accelerate on-chain, the company is heavily investing in the data layer and providing services to institutions. Dune currently has sufficient funding reserves and completed a $69.42 million Series B funding round led by Coatue in 2022. (theblock)