AI
Storj Acquires Cloud Computing Firm Valdi; Terms Undisclosed
Valdi allows customers to use available GPU compute cycles in data centers across the world.
AI Tokens Outperform CoinDesk 20 Index Tuesday Despite Clouds Forming Over Industry
New research from Goldman Sachs and Sequoia challenges assumptions that Artificial Intelligence and Large Language Models can change the world.
Private Equity Giants Are Circling Bitcoin Miners on AI Allure
Private equity firms are seeing value in partnering with bitcoin miners to help with AI computing after Core Scientific signed a 200MW deal with CoreWeave in June, the company’s CEO said in an exclusive interview with CoinDesk.
Peter Thiel's Founders Fund Leads $85M Seed Investment Into Open-Source AI Platform Sentient
The project aims to address concerns about the proliferation of AI whereby the underlying code is concentrated in the hands of a few superpowers like Google or Meta.
Ora, Aiming to 'Unlock Design Space for AI Dapps,' Raises $20M
The blockchain project, founded in 2022, aims to incorporate AI into decentralized applications with its "on-chain AI oracle."
Hut 8 Receives $150M Investment as Thirst for Energy Brings AI Firms to Bitcoin Miners
The funding came from Coatue Management, which is also an investor in CoreWeave, a cloud-computing firm looking to take over miner Core Scientific.
Bitcoin Mining Sector Is Attracting Growing Investor Interest Following Core Scientific Deal: JPMorgan
Iris Energy is best positioned to take advantage of the high-performance computing/AI opportunity, the report said.
AI Tokens Led by FET, AGIX Surge as Nvidia Zooms to Become World’s Most Valuable Company
The AI-linked token sector has risen 15% in the past 24 hours, data shows, outperforming other sectors.
FTX Victims File to Recover $8B in Forfeited Assets; Will Biden and Trump Shake Hands Before Debate?
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, as FTX victims asked a New York court to rule that the crypto exchange's forfeited assets belong to its customers, not the bankruptcy estate. Plus, AI-related tokens slide following spikes in AI-related Google search queries. And, will Biden and Trump shake hands before the first Presidential debate next week?
AI-Related Coins Slide as Google Search Shows Peak Retail Investor Interest
Spikes in crypto-related Google search queries have historically occurred at major market tops, validating legendary investor Warren Buffet's mantra of buying in doom and selling in boom.
