Tag Archives: Artificial Intelligence (AI)

In the face of declining prices in the crypto market and rising global interest rates, investors turned their attention to artificial intelligence (AI) this year. Bitcoin will remain the primary focus in the future; experts also suggest that AI will take center stage. According to Nansen’s latest projection, AI agents will dominate the blockchain in 2024, contributing to a more secure and streamlined ecosystem. AI Prominicense Nansen’s forecast for 2024 envisions a pivotal...

Elon Musk – who was also one of the founders of OpenAI back in the day – has been working on xAI for a while now, a firm launching another chatbot named Grok whose selling point is being “quirky” and having access to the Twitter API in order to stay up to date with current events. Announcing Grok! Grok is an AI modeled after the Hitchhiker’s Guide to the Galaxy, so intended to answer almost anything and, far harder, even suggest what questions to ask! Grok is designed to...

OpenAI announced the reinstatement of Sam Altman as CEO and the appointment of new board members, responding to the widespread backlash following his unexpected removal. The Delaware-based American artificial intelligence research organization asserted that it is working “to figure out the details” of the agreement. Altman confirmed the development and added that he is looking forward to returning to OpenAI. Sacked CEO Returns to OpenAI Altman gained recognition following the...

This is an opinion post written for CryptoPotato by Ken Timsit, Head of Cronos Labs 2023 is the year of artificial intelligence, and there’s no better time than now to take a deeper dive into the different types and use cases of AI — especially for startups and projects working at the intersection of AI and blockchain. To carry the momentum into 2024, Web3 startups should get a better sense of what to focus on when developing projects at the intersection of blockchain and AI....

Microsoft-backed OpenAI has just announced the launch of GPT-4 Turbo and its innovative GPT store, marking the debut of its most advanced artificial intelligence technology. OpenAI’s Chief Executive Officer, Sam Altman, shared these exciting updates during the AI lab’s inaugural developer conference. OpenAI Unveils GPT-4 Turbo In a Monday public address, OpenAI CEO Sam Altman announced the launch of GPT-4 Turbo, marking the debut of its most advanced artificial intelligence...

Meitu (1357), the pioneering Hong Kong-listed company known for its ventures into cryptocurrencies, has recently announced a strategic shift away from digital assets like Bitcoin and Ethereum. The company, which made headlines in 2021 for investing around $100 million in cryptocurrencies, has revealed that its growth is now driven primarily by its artificial intelligence (AI) business. Meitu Credits Subscription System for Fiscal Success Kang Yicong, senior investor relations...

Amazon intends to invest a substantial $4 billion in Anthropic, a generative AI specialist. As part of this strategic collaboration, Amazon’s cloud unit, AWS, will take on the role of Anthropic’s primary provider for crucial workloads, encompassing safety research and the development of future foundational models. Anthropic has chosen to leverage AWS Trainium and Inferentia chips for the construction, training, and deployment of its forthcoming foundation models. This...

Stablecoin giant Tether has announced a strategic investment in German-listed Bitcoin miner Northern Data Group (ETR: NB2), which the former says will be “the biggest independent AI Player in Europe.” The investment follows previous attempts from Tether to expand beyond fintech, and continues a growing trend of crypto firms diversifying into artificial intelligence. Tether’s Big AI Play Per Tether’s statement on Thursday, the company said that Northern Data’s commitment to...

The AI industry has generated a ton of hype this year, but crypto assets linked to the technology have been experiencing a slowdown. This comes amidst the persistent bear market. AI tokens are trading flat in tandem with the overall sluggish market movement but there are certain factors that may turn the tide. In fact, a new report by Bitget, shared with CryptoPotato, suggests that a resurgence could be in the offing. However, the tokens may see an increase in value when...

The UK-based mobile network operator – World Mobile – teamed up with the decentralized artificial intelligence (AI) marketplace – SingularityNET – to develop credit ratings for a lending program that utilizes blockchain technology. The partnership will also enable World Mobile to scale its network and expand to new regions. Combining AI and Blockchain Technology According to a document seen by CryptoPotato, the collaboration with SingularityNET will upgrade World Mobile’s...