AI


Tech

Lightning Labs Unveils Bitcoin Tools for AI

“We are in the realm of enabling use cases that weren't previously possible,” Lightning Labs CEO Elizabeth Stark told CoinDesk.

Screenshot showing one of Lightning Labs’ AI products. (Lightning Labs)

Tech

Former FTX.US President’s New Venture Is Seeking to Harness AI for Crypto Trading

Brett Harrison’s new firm, Architect, aims to be an one-stop platform for institutional-grade crypto trading.

Brett Harrison (Shutterstock/CoinDesk)

Finance

AI-Backed Blockchain Data Startup Web3Go Raises $4M

Binance Labs led the round with HashKey Capital, NGC and Shima Capital among the other backers.

(Pixabay)

Tech

Axiom’s Zero-Knowledge Proofs Might One Day Help Detect Deepfakes

The startup is working to build ZK technology that can be used en masse for AI applications. The protocol, which just launched its main network, can retrieve historical Ethereum data and make intensive off-chain computations, and transport the data with zero-knowledge proofs.

(Hitesh Choudhary/Unsplash)

Web3

Azuki Is Rebuilding After Its Elementals Mint Mishap

Azuki’s latest expansion of its NFT ecosystem missed the mark, while Candy Digital and Palm NFT are merging together to create a superpowered NFT production studio. Also, Warner Music Group and Polygon are launching a blockchain music accelerator program.

Azuki Elementals (OpenSea)

Finance

Applied Digital Stock Surges 12% After Announcing Its Third AI Deal

Applied Digital will be deploying HPE's Cray XD supercomputers in its AI cloud service.

https://www.hpe.com/us/en/newsroom/press-release/2023/06/hewlett-packard-enterprise-unveils-ai-cloud-for-large-language-models.html

Finance

Crypto Miner Hive Blockchain Touts Privacy of AI Models Running on Its GPUs

Hive wants to provide enterprise training in its fleet of GPUs as part of its pivot to artificial intelligence.

(Sandali Handagama)

Opinion

Web3 Can Actually Compete in the Computer Chip Race

Decentralized infrastructure, aka DePIN, offers competitive alternatives for GPU-hungry AI startups in need of cheap and secure data storage and other computational resources.

GPU prices have taken a toll, and it's hitting Nvidia's bottom line. (FritzchensFritz/Creative Commons, modified by CoinDesk)

Tech

Sam Altman's Worldcoin Integrates With Identity Management Software Okta as It Pushes Into Germany

World ID, which uses biometric data to verify users, helps apps distinguish people from bots and is more private than alternatives like Google sign-in.

An inside view of the Orb, Worldcoin's custom hardware that makes cryptographic IDs based on iris scans. (Worldcoin)

Finance

FTX Pauses Sale of $500M Stake in AI Firm Anthropic: Bloomberg

The move followed months of due diligence on the stake being done by the bidders, according to Bloomberg’s sources.

FTX founder Sam Bankman-Fried in March of 2023. He could be returning to jail early if a court decides he has violated conditions of his bail. (Michael M. Santiago/Getty Images)