The rise of the Chinese AI unicorns doing battle with OpenAI
Artificial intelligence startups aim to fill the gap in China as OpenAI’s ChatGPT became unavailable in the country. Go to Source
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Lightspark CEO Expects Bitcoin to Dominate AI-Related Monetary Transactions
David Marcus, the former president of Paypal and the current CEO of Lightspark, envisions bitcoin as the primary currency for artificial intelligence (AI) in the future. He describes bitcoin as “maximally neutral,” highlighting its advantages over conventional fiat currencies like the euro or the U.S. dollar. Bitcoin Poised to Become Default Currency for AI, Says … Read more
Eigenlayer releases EIGEN white paper, bans airdrop for US users
The EIGEN token will be used to form consensus around data that is off-chain but easily verifiable, such as whether someone won a bet or adequately stored data. Go to Source
Stablecoin firm Tether invests $200M in neurotech company
Tether’s brand new division, Tether Evo, has completed a $200 million strategic investment in the neural implant firm. Go to Source
Pantera Capital seeks $1B for a new crypto fund: Report
The Pantera Fund V will invest in a range of blockchain-based assets and is slated for launch in April 2025. Go to Source
Meta drops 15% on weak outlook and high AI and metaverse spending
Meta shares dipped after a disappointing Q2 revenue outlook and plans to spend nearly $100 billion this year as it aims to “invest aggressively” in its AI products. Go to Source
Dfinity Foundation Launches Onchain Accelerator Platform
The Swiss-based not-for-profit organization the Dfinity Foundation has launched “a decentralized, onchain global acceleration platform.” The new accelerator will initially be funded by a $15 million grant from Dfinity and the ICP Asia Alliance. Fostering the Development of the Asian Web3 and AI Ecosystem The Dfinity Foundation, a not-for-profit organization and key contributor to the … Read more
How Nuklai Is Fueling the Next Wave of Artificial Intelligence – Matthijs de Vries
Nuklai is a collaborative marketplace and infrastructure provider for data ecosystems. It is also a reservoir for community-driven data analysis. Nuklai brings data editors and the datasets of successful modern businesses into one ecosystem. Matthijs de Vries is the Founder and CEO of Nuklai. He recently joined the Bitcoin.com News Podcast to talk about the … Read more
Tether Formally Announces a Shift Towards Open-Source AI
Tether, one of the largest cryptocurrency-based companies, has announced a formal expansion into AI, looking to develop open-source models and setting standards in this new industry. For this task, Tether is opening a global recruitment for “top-tier talent” to help them establish a new division dedicated to these developments. Tether Turns to AI, Opens Recruitment … Read more
Marathon to Acquire Applied Digital’s 200 MW Texas Bitcoin Mining Site
The Nasdaq-listed mining enterprise Applied Digital has concluded a definitive pact for selling its 200-megawatt (MW) mining facility in Garden City, Texas. Applied Digital disclosed that the transaction involves Marathon Digital Holdings acquiring the Garden City mining property for a sum of $87.3 million. Applied Digital and Marathon Ink $87.3 Million Deal for Texas Mining … Read more
