AI
AI Tokens Jump on Irrational Euphoria as Musk’s X Corp Reveals xAI Shareholding
Developments in key artificial intelligence (AI) companies sometimes drive gains in AI-focused tokens as traders bet on the long-term growth of such tokens.
OpenAI Ousts Sam Altman From CEO and Board Roles; Worldcoin Drops 12%
The board said it "no longer has confidence in [Altman's] ability to continue leading" the company.
New Report Examines Intersection of AI and Blockchain
90% of global decision-makers in the U.S., U.K., China and Europe plan on investing in AI over the next year, while 75% feel positive about adopting blockchain. That's according to Casper Labs, a firm exploring the intersection of the two innovative technologies. Casper Labs CEO and co-founder Mrinal Manohar joins CoinDesk TV to discuss.
GROK Dumps 50% as Links to Failed Projects Pauses AI-Inspired Token's Rally
GROK, an X AI-inspired token, lost nearly $100 million in capitalization in the past 24 hours as its developer was linked to projects that previously failed to gain traction, drawing eyeballs from market observers. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
GROK Dumps 50% as Links to Failed Projects Halts AI-Inspired Token's Rally
It reached a $150 million on Monday, amassing over 13,000 holders and trading over $25 million in volume on decentralized exchanges.
Competition in Digital Markets Hits G7 Nations' Radar
The group agreed to scan for early warning signs of disruption in the distribution of market power.
Artificial Intelligence Platform Ritual Looks to 'Decentralize Access to AI' With $25M Backing
Ritual's aim is to open access to the infrastructure that lies behind AI innovation, which it claims at present "lies in the hands of a few powerful companies."
Elon Musk's AI Company Debuts ChatGPT Rival 'Grok;' XRP Rallies 10%
"CoinDesk Daily" host Jennifer Sanasie breaks down the hottest crypto headlines today, including Elon Musk’s new AI company, xAI revealing a new AI bot to rival ChatGPT. There are new developments in crypto exchange FTX's bankruptcy saga. And, a closer look at what is driving XRP's price 10% higher in the last 24-hours as bitcoin (BTC) holds firm above $35,000 on Monday.
