Showing articles in AI

Jason Zhao Steps Back from Story Protocol to Launch New AI Initiative

Co-founder Jason Zhao is transitioning from his role at Story Protocol to focus on a new AI venture named Poseidon.

Galaxy Raises $1.4 Billion to Enhance Helios Data Center for AI and HPC

The investment firm led by Mike Novogratz anticipates that its partnership with CoreWeave could yield an annual revenue of $1 billion over 15 years.

Business

TeraWulf Secures $3.7 Billion AI Hosting Agreement with Google Taking 8% Stake

TeraWulf has entered into two significant contracts for high-performance computing with Fluidstack, locking in $3.7 billion in revenue.

Blockchain

Sapien Foundation Launches Token Generation Event for AI Data Foundry

The SAPIEN token generation event will take place on Aug. 20, enabling a decentralized approach to AI data management.

Crypto

India's Initiative to Tackle Cryptocurrency Tax Evasion Using AI and Global Data Sharing

India is enhancing its cryptocurrency tax enforcement by utilizing artificial intelligence and international data-sharing mechanisms to track unreported transactions.

Altcoins

Chiliz Crypto Surges 10% After Unveiling AI Soccer Collectible Cards

Chiliz's new collaboration with top Brazilian football clubs marks a significant leap in digital collectibles, resulting in a substantial increase in its crypto value.

Finance

AI-Powered Platform Caffeine Launches Amid ICP Market Volatility

The launch of DFINITY's Caffeine, an AI-based Web3 platform, has reignited interest in the ICP token despite recent price declines.

Policy

The Future of AI and America's Infrastructure: A Call to Action

AI is transforming society, but the U.S. must enhance its energy infrastructure to compete globally, particularly against China in the AI arena.

Finance

Bittensor: The Leading Incubator for AI Innovation

Exploring how Bittensor shifts focus from speculative investments to performance-based rewards in the AI sector.

Crypto

ICP Surges 4% as Launch of AI-Driven Web3 App Platform 'Caffeine' Approaches

Caffeine, claiming to be the first complete tech stack crafted for AI applications, is set to unveil itself on July 15 in San Francisco.

Altcoins

Treasure MAGIC Cryptocurrency Surges 30%, Is a 2X Rally Ahead?

Treasure MAGIC cryptocurrency has surged 30%, reflecting a bullish trend with potential targets of $0.30 and $0.60 as the development team integrates NFTs and AI into web3 games.

Crypto

The Major Shift in Crypto’s AI Infrastructure

A transformative movement in technology combines AI and blockchain, creating a robust decentralized infrastructure.

Adoption

Erebor Bank Established by Tech Leaders to Support Crypto and AI Ventures

A new bank, Erebor Bank, has been founded by prominent figures in technology to fill the funding void for crypto, AI, and defense startups post-Silicon Valley Bank's failure.

Business

Bitcoin Miner IREN Achieves 50 EH/s Target, Plans AI Investment

IREN Limited successfully reaches its mid-year hashrate goal of 50 exahashes per second, with a focus on expanding AI capabilities at its Texas facility.

Crypto

HBAR Surges 2.1% as Traders Evaluate ETF Review and AI Developments

HBAR gained 2.1% to reach $0.1519, driven by various updates affecting Hedera's ecosystem, including AI tools and gaming partnerships.

Crypto

Core Scientific Set to Surpass $30 Amid CoreWeave Acquisition Talks: Insights from Cantor Fitzgerald

A recent report from Cantor Fitzgerald suggests that the valuation of Bitcoin miner Core Scientific could soar past $30 due to its pivotal role in AI infrastructure, as it engages in acquisition discussions with CoreWeave.