Chainlink Launches New Products to Increase Speed, Reduce Costs and Expand Capabilities for Users

Chainlink launched "Data Streams" to reduce network latency for DeFi protocols via pull-based oracle solution. Now in early access on Arbitrum.
Data Streams combines low latency market data and automation to enable fast derivatives products rivaling centralized exchanges.
Chainlink announced Functions Beta and Automation 2.0 to increase efficiency and reduce costs. Saves up to 90% in gas costs.
Functions allows connecting dApps to any API and move data/value across chains. Enables new verifiable applications.
Products aim to increase speed, reduce costs, connect systems, and expand capabilities for Chainlink users.

coindesk.com

Relevant topic timeline:

9/21/2023

Chainlink Launches Cross-Chain Messaging Protocol on Arbitrum To Enable Seamless dApp Interoperability

Chainlink and Arbitrum have announced the mainnet launch of the Chainlink Cross-Chain Interoperability Protocol (CCIP) on Arbitrum One, providing developers with a secure and easy-to-use interface to build applications that can send messages, transfer tokens, and initiate actions across blockchains.