AI

Chainbase Raises $15M to Grow Omnichain Data Network
Chainbase's aim is to provide unbiased and transparent data that is not controlled by a small number of dominant companies.

Grayscale Launches Artificial Intelligence-Focused Crypto Fund; AI Tokens Gain
The Grayscale Decentralized AI Fund includes the native tokens of AI-focused blockchain protocols such as Near (NEAR), Render (RNDR), Bittensor (TAO), Filecoin (FIL) and Livepeer (LPT).

Web3-AI: What’s Real, and What’s Hype
The biggest challenge for the evolution of Web3-AI might be overcoming its own reality distortion field, says Jesus Rodriguez, CEO, IntoTheBlock.

Iris Energy Has Committed Most of Childress Site to Expansion of Bitcoin Mining: Bernstein
The bitcoin miner’s shares slumped yesterday after a Culper Research report said the site was unsuitable for artificial intelligence and high-performance computing.

Morgan Creek Digital to Raise up to $500M for New Web3 Venture Capital Fund
The new fund will target early stage opportunities in AI, blockchain technology, chips and data.

Why AI's Energy Use Isn't Demonized Like Bitcoin's
AI's utility is more obvious to everyday people than the cryptocurrency's, and AI's risks are so much greater that power consumption fears seem beside the point.

Top Crypto VC Says Ex-General Partner Made Undisclosed Side Deal With Portfolio Company
Polychain says Niraj Pant broke the fund's policies by secretly accepting "adviser" tokens from Eclipse.

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.

