AI

The crypto market is 5.1% up today, with a total market capitalization of $2.3 trillion. The recent pump has propelled different sectors, with memecoins being 9% up and Artificial Intelligence (AI) tokens increasing 11.2% in the last 24 hours. Fetch.AI (FET) is at the forefront of the AI sector with its remarkable 14.5% increase in the past day. Some analysts foresee a bullish breakout for the token soon. Are AI Tokens Taking The Lead? As reported by NewsBTC, many market…

The post Elon Musk’s xAI Launches Grok AI Chatbot in Europe appeared first on Coinpedia Fintech News Elon Musk’s xAI has officially launched its AI chatbot, Grok, in Europe. Grok aims to give users a real-time understanding of current events and tackle “spicy questions.” Designed to serve as a personal search assistant, Grok enhances the user experience by offering insights and timely information. This marks a significant milestone for xAI as it expands beyond the US markets. However, Grok AI…

In the rapidly changing world of cryptocurrency, new players keep appearing to challenge the older ones. In this ever-changing environment, Algotech, as a new player, has notched up huge successes, garnering over $4.6 million in presale fundraising, thereby positioning itself as a worthy adversary to behemoths such as Ripple and Near Protocol.  Ripple and Near Protocols’ Facing Hurdles As Algotech debuts on the market, other well-established players, including Ripple and Near Protocol, are facing their own troubles. The blockchain giant…

The Consumer Price Index for April spells good news for risk-on assets, with US stocks and cryptocurrencies displaying bullish strength in the aftermath.  The YoY headline CPI data came out at 3.4%, right in line with the market expectations. The MoM headline figure even beat the 0.4% consensus, coming out 0.1% lower.  BREAKING! US headline #inflation totaled 3.4% in April, MATCHING expectations. MoM 0.1% lower, however.Core #CPI, excluding food and energy, rose by 3.6%, also matching expectations.Back to rate cuts…

Despite the fact that the crypto community is already familiar with speculation, some of the predictions win a huge audience among investors and crypto fans. Actually, analysts now say that Shiba Inu (SHIB) may reach $0.00017. On the other hand, other projects, including the Stacks and Polkadot are presenting tough competition to Borroe Finance ($ROE) and become more and more popular, getting more and more people. Shiba Inu’s Price Prediction The internet coin Shiba Inu (SHIB), referred to as the…

The post Ripple and SEC Enter Final Clash, This New AI Altcoin Could Surge Despite Market Dip appeared first on Coinpedia Fintech News It’s like the season finale over here, with Ripple and the SEC throwing down one last time in this legal epic. Ripple Labs and the U.S. Securities and Exchange Commission (SEC) are at the final stretch of their long-standing battle, and things are heating up! The SEC just dropped its final brief in the appellate phase, sticking…

In an analysis of the current landscape at the nexus of artificial intelligence and altcoins, crypto analyst Prithvir (@Prithvir12) recently shared insights via X that highlight both the opportunities and pitfalls in the AI coin market this month. His analysis covers upcoming AI catalysts, their impact on specific tokens, and personal investment recommendations, shedding light on the nuanced strategies required in this volatile segment. In-Depth Look At The AI Crypto Market Prithvir underlines a series of significant events in the…

SANTA CLARA, California, May 13th, 2024, Chainwire CARV, the largest modular data layer for gaming and AI, and Google Cloud have joined forces, beginning with an insightful web3 panel discussion incorporating AI to promote user data ownership and ethical development across gaming and other cutting-edge verticals. Kicking off with the “Google x CARV AMA: Data Democracy in Gaming and AI” webinar, both companies embarked on a journey to discuss how CARV’s innovative data layer can work with Google Cloud’s world-class…

May 13, 2024 ––io.net, a leading provider of decentralized computing technology, has announced a significant expansion of its GPU infrastructure in partnership with Aethir, a leading enterprise-grade AI-focused GPU-as-a-service provider, marking a pivotal moment in its ongoing efforts to enhance blockchain and AI compute capabilities.  In the first phase of the rollout, io.net has integrated over 300 NVIDIA H100 GPUs from Aethir onto its fast-growing network. In partnership, Aethir and IO will be deploying a total of 1,000 H100 GPUs …