AI


Markets

CoreWeave Stock Soars on $7B Data Center Deal With Applied Digital

Surging AI demand drives 276% YTD rally as CoreWeave secures major infrastructure capacity for HPC expansion.

cloud servers (CoinDesk archives)

Markets

Stellar's Midnight Mayhem: XLM Plunged 6% on High-Volume Despite Rain Integration

Stellar's integration with Rain signals progress toward mainstream adoption.

XLM's price plunge. (CoinDesk)

Finance

AI Project Donut Raises $7M Pre-Seed Funding to Build Agentic Crypto Browser

The browser is designed to help its users transact, trade and earn in real time "like a terminal."

16:9 Donuts (congerdesign/Pixabay, modified by CoinDesk)

Markets

Nvidia's Earnings Beat May Help AI-Linked Tokens

The company reported a 69% increase in revenue in the first quarter compared to a year ago.

Nvidia (CoinDesk Archives)

Finance

Pakistan Taps Surplus Power Capacity to Fuel Bitcoin Mining, AI Data Centers

The country plans on utilizing surplus energy from coal-fired power plants that are currently operating at 15% capacity to mine bitcoin.

Pakistan flag (Hamid Roshaan / Unsplash)

CoinDesk News

Bitcoin Will Replace U.S. Dollar In 10 Years, Says Billionaire VC Tim Draper

Bitcoin will go to “infinity against the dollar because there won’t be a dollar,” AI and genetics will help humans communicate with animals, he told CoinDesk.

Draper University Tim Draper

Tech

AI-Powered Court System Is Coming to Crypto With GenLayer

GenLayer Labs is building a protocol that uses AI models as judges, with the goal of providing reliable, neutral, third-party arbitration in record time.

GenLayer is building an on-chain court system. (Credit: Unsplash, Wesley Tingey)

CoinDesk Indices

AI Crypto Agents Are Ushering in a New Era of ‘DeFAI’

The use of autonomous agents to analyze market trends, balance portfolios and even manage liquidity across decentralized exchanges is a revolution you can’t afford to ignore, says the HBAR Foundation’s Gregg Bell.

Office space

Markets

Floki Teams With Softbank Partner Rice Robotics for Tokenization of AI Data

RICE AI is a robotics brand with high-profile clients such as Nvidia, Softbank, Dubai Future Foundation, Mitsui Fudosan, NTT Japan, and 7-Eleven.

A Rice Robotics minibot (Rice Robotics)

Markets

Galaxy Digital Deepens AI and HPC Pivot With Expanded CoreWeave Deal, Shares Surge

Galaxy shares surged 8% and are now 60% higher than their April lows.

Mike Novogratz, Galaxy founder and CEO, speaks at Consensus 2024