AI

Silicon Valley: The Mecca for Venture Capital May Be Cooling on Crypto
The storied birthplace of the U.S. tech industry is dripping with talent and money. But crypto founders who live in the No. 8 spot on CoinDesk’s Crypto Hubs 2023 list say that Web3 is losing ground to artificial intelligence in the race to capture the Valley's wallets and minds.

APLD Signs Artificial Intelligence Hosting Deal Worth Up to $460M
APLD shares surged on Nasdaq after the firm announced its second AI cloud hosting deal.

Startup Kaito Gets $87.5M Valuation in New Funding to Build AI Search Engine for Crypto
The search engine combines real-time data with large language models like ChatGPT.

Crypto and AI: Save Us From the Hype
The inflated promises being made about AI are reminiscent of the claims those pushing crypto and blockchain investment made a few years ago. We should be wary.

Polygon Introduces AI Interface Powered by ChatGPT to Aid App Developers
The artificial-intelligence interface, called Polygon Copilot, will help developers obtain analytics and insights for their applications on the Polygon blockchain.

Blockchain Developer Platform Alchemy Releases AI-Powered Tools for Web3 Builders
Blockchain developer platform Alchemy introduced AlchemyAI, which aims at leveraging AI to help web3 developers speed up the development of their products and gain quicker access to on-chain data. AlchemyAI will launch two new products – an in-app chatbot and a ChatGPT plugin. Alchemy Developer Experience Lead Elan Halpern joins "First Mover" to discuss the release and the role of AI in blockchain developments.

Bitcoin Miner Iris Energy Revives High-Performance Computing Strategy Amid Booming Interest in AI
Miners are increasingly looking to fill data center space with AI and cloud computing.

Startup Arbol Unveils AI and Blockchain-Powered Climate Insurance Platform
The market for climate insurance is estimated to triple in the next decade.

Ethereum Scanner Etherscan Adds OpenAI-Based Tool to Analyze Smart Contract Source Code
The tool is meant for informational purposes only, Etherscan said.

AI, Metaverse Tokens Dip Amid SEC's Lawsuits
AI and metaverse tokens are taking hits despite the hype over artificial intelligence and Apple’s Vision Pro headset reveal. CoinDesk Executive Director of Global Content Emily Parker breaks down the underperformance of tokens affected by the SEC's lawsuits against Binance and Coinbase.

