Artificial Intelligence


Markets

AI-Related Tokens Stumble After White House Executive Order

Critics of President Biden's action wonder if innovation could be stifled.

U.S. President Joe Biden (Chip Somodevilla/Getty Images)

Markets

Bitcoin's Heading to $150K and Quality Mining Stocks Offer a Good Way to Gain Exposure: Bernstein

Bernstein expects the largest cryptocurrency to hit that level during the 2024-2027 cycle, the report said.

CleanSpark CEO Zach Bradford and Executive Chairman Matt Schultz at the company's CleanBlock facility in College Park, Georgia.

Finance

Crypto for Advisors: AI - Friend or Foe to the Advisor?

Jordi Visser from Weiss Multi-Strategy Advisers discusses the impact AI could have on investing and what to watch out for.

(Steve Johnson/ Unsplash)

Finance

Stablecoin Issuer Tether Ventures Into AI With Northern Data in $427M Nvidia Chip Splurge

Damoon, a Tether subsidiary in which Northern Group acquired a stake earlier this year, has purchased $427 million of Nvidia chips for generative AI cloud computing.

Tether CEO Paolo Ardoino (Bitfinex)

Markets

The Relationship Between Bitcoin and Interest Rates Is Breaking Down: Arthur Hayes

The steepest Fed rate hike cycle in decades should have killed bitcoin and other risk assets, but a new relationship between the two are forming, Hayes argued in a Tuesday keynote at the ongoing Korea Blockchain Week.

Arthur Hayes at Korea Blockchain Week 2023. (Factblock)

Finance

Nvidia's Make-or-Break Earnings Could Be Huge for AI-Tied Crypto Tokens

Tokens such as FET as well as shares of cryptocurrency miners could move after the giant chipmaker's earnings.

robot hand holding dollar bills

Finance

Crypto Miners Are Attempting to Diversify Into Other Business Areas: JPMorgan

Miners are now offering high performance computing services to the rapidly evolving artificial intelligence market, the report said.

(Sandali Handagama)

Finance

Artificial Intelligence Trend is Accelerating With ‘Lion’s Share’ in the U.S.: Morgan Stanley

The banking giant said in a report that around 15% of companies quantified a revenue or cost-benefit from applying machine learning in the first half of the year.

(Gerd Altmann/Pixabay)

Web3

Microsoft, Aptos Labs Team Up on New Blockchain AI Tools

The price of Aptos' token is surging on news of the collaboration.

Aptos founders Mo Shaikh (left) and Avery Ching (Aptos Labs)

Policy

Bavaria's Data Regulator Had Not Concluded Assessment of Worldcoin When the Project Launched

The Sam Altman co-founded project has been shut down in Kenya over privacy concerns.

A user from GCR getting their iris scanned with a Worldcoin Orb in Paris on July 21. (Eliza Gkritsi/CoinDesk)