The company will begin its AI initiative in the next 3-6 months according to a document reviewed by CoinDesk.
Distributed cloud GPU network project Aethir and Theta EdgeCloud, the hybrid cloud computing platform powered by Theta Edge Network, are preparing to launch the largest hybrid GPU marketplace for developers and enterprises. The collaboration aims to provide unprecedented global GPU compute capabilities, with the potential to deliver 20-30 times greater power than any comparable network […]
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Sapien raises $5 million for its gamified data labeling platform, aiming to build the largest AI training with blockchain incentives.
The company alleged that “two of our competitors are spreading false rumors about ARKM movements in an attempt to create FUD.”
Amid the renewed strength recently displayed by Bitcoin, Michael Van De Poppe, a recognized cryptocurrency analyst and trader has offered an intriguing prediction for BTC, highlighting that the crypto asset is likely to reach the $300,000 threshold in this bull cycle. Bitcoin Price Targetted At Unprecedented Heights This Cycle Over the past month, the price of Bitcoin has been consolidating and hasn’t been able to sustain its rise beyond its new peak of $73,000. However, things could soon be changing, as Michael Van De Poppe expects the coin to surge immensely in the short term. His forecast coincides with anticipation around the upcoming Bitcoin Halving expected to take place in less than 12 days, fueling optimism within the crypto community. Related Reading: 12 Days Until Bitcoin Halving: Why $100,000 Isn’t Much Further Away According to the expert, the largest cryptocurrency asset by market cap is still experiencing significant resistance. Nonetheless, if Bitcoin manages to break out of this zone, the coin could witness a progression towards new all-time highs in the coming months. Given that BTC achieved the $70,000 price level ahead of the halving event, Poppe believes that it is likely to surge to unprecedented levels, particularly topping out at $300,000 in this bull run. The post read: Bitcoin still facing crucial resistance. If this breaks, then we will be seeing a continuation towards new all-time highs. Bitcoin at $70,000 pre-halving. Likely $300,000 this cycle. Poppe underscored that the price of Bitcoin returned to $70,000 level over the weekend. As a result, he has pointed out bullish indicators that are presently occurring in the crypto landscape. The analyst also noted that the strength of the cryptocurrency markets has now exceeded our perceptions, and dips in altcoins represent opportunities for good entries. In addition, BTC’s price action demonstrates the potential to reach a new all-time high pre-halving, and the shift in favor of altcoins is on the horizon. Altcoin Season Set To Kick Off In Weeks Poppe is super bullish toward an ‘altcoin season’. However, it is important to note that altcoins’ value has frequently coincided with shifts in Bitcoin’s supremacy. But even though Bitcoin’s dominance is still at its peak prior to the halving, Poppe thinks these coins still have a lot of momentum. Related Reading: Forget Bitcoin! Altcoins Set For Explosive Growth With Potential 1,000x Returns — Analyst He advocates that a new altcoin season will undoubtedly begin in the upcoming weeks. “We always have one, we have seen Meme coins, Solana (SOL) ecosystem, and AI,” he stated. The expert’s statement suggests that the Solana ecosystem, AI projects, and meme coins in recent months have led the altcoin market. Thus, Michael Van De Poppe has contended that in the impending alt season, crypto initiatives that prioritize the tokenization of Real-World Assets (RWA), the Ethereum (ETH) ecosystem, and the Decentralized Physical Infrastructure Network (DePIN) are likely to be next, paving the way for alts this cycle. At the time of writing, the altcoin’s overall market excluding Bitcoin and Ethereum was valued at $753.47 billion. This indicates a 2% increase in the market cap in the past 24 hours. Featured image from iStock, chart from Tradingview.com
The US and the UK signed a Memorandum of Understanding (MOU) to develop standards for AI Safety on April 1. The agreement aims to develop and iterate “robust suites of evaluations” for AI models, systems, and agents through coordinated scientific approaches. The two countries will specifically conduct at least one joint testing exercise on a […]
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Elon Musk announced that an upgraded iteration of his artificial intelligence firm xAI’s chatbot Grok may be released next week. This revelation came via Musk’s social media post on March 29, following xAI’s announcement of Grok-1.5 in a blog post. The enhanced AI chatbot will initially be accessible to “early testers and existing Grok users […]
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AI firm Anthropic has blocked Saudi Arabia from engaging in the sale process of 8% of its shares — currently owned by defunct crypto exchange FTX, CNBC reported on March 22, citing people familiar with the matter. FTX is selling the stake as part of its bankruptcy proceedings to repay its creditors, who lost billions […]
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The Worldcoin Foundation has released the core software components of its ORB technology into the open-source domain, providing a key technological step forward in verifying human identity online with enhanced privacy and security. The release, now available on GitHub under MIT/Apache 2.0 licenses, supports the Foundation’s ongoing efforts to improve transparency in the digital verification […]
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The UN General Assembly has unanimously adopted a landmark resolution to promote "safe, secure and trustworthy."
The first patient to be implanted with Musk’s Neuralink device described the experience as “using the force” to control his computer.
Google faces 250M fine by French watchdog for using news content for AI without permission, commits to constructive future with publishers.
“We've figured out a way to put AI on-chain,” lead developer punk3700 told CoinDesk in an X message.
After a face-melting rally in the AI crypto sector over the past few months, investors appear to have taken a profit-taking approach over the past few days. The sector soared past $10 billion in mid-February, buoyed by Bittensor’s remarkable climb to a $4 billion market cap with an increase of over 220% in 2024. By […]
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Cybersecurity firm Trail of Bits has concluded the audit of Worldcoin’s ORB technology and found that it adheres to stringent privacy protocols, particularly in how it processes and stores personally identifiable information (PII). The full report was released on March 13 and revealed that there are no vulnerabilities in the ORB software and validated many […]
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The social media giant's $60 million real-time data deal with Google is latest example of internet companies selling out their users who have nominally "consented" to share their personal information but have no control. Blockchains and ZK-proofs could help prevent corporate overreach, Nym CEO and privacy advocate Harry Halpin writes.
Layer-1 blockchain NEAR's native token {{NEAR}} has experience doubled since March 5, with hype surrounding Nvidia's upcoming annual conference driving AI-related tokens to the upside.
Chappyz, an AI-powered protocol that aims to increase conversational engagement in social media platforms, joins the Cointelegraph Accelerator program.
The “complete toolset” to making the precursor to a fully functioning Artificial General Intelligence might be only about a year away, says Ben Goertzel.
Mistral AI also unveiled a partnership with Microsoft, which will make Mistral Large accessible on Azure AI Studio and Azure Machine Learning.
Demand for AI has soared this year, with some experts labeling the adoption of the technology as the Fourth Industrial Revolution.
The Financial Stability Board plans to publish a status report on its crypto roadmap and a report on the financial stability implications of tokenization.
The partnership will bring new AI capabilities to decentralized applications.
In 2023, crypto users lost an estimated $2 billion to hacks and scams, with Ethereum experiencing the highest losses due to its extensive ecosystem and high-profile projects.
'The most important stock on Earth' could disappoint on a weak PC market and AI saturation, with Wall Street wanting more from the GPU giant, pulling down crypto and equities, the report said.
Sector tokens jumped 7.7% on average in the past 24 hours, CoinGecko data shows, with Ocean Protocol’s OCEAN and Fetch.AI’s FET rising more than 10%.
The search giant said that its AI chatbot Bard is now known as Gemini and launched free and paid mobile apps in the United States.
The EU’s Artificial Intelligence Act is a proposed regulation for governing AI use in Europe, focusing on safety, transparency and accountability.