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AI

A Bitfarms mining facility in Washington state, U.S. (Eliza Gkritsi/CoinDesk)
Opinion
Opinion
Bitcoin Mining Is So Back (Except It's AI Now)
Hurting for revenue and profit, bitcoin miners are looking to activities outside mining bitcoin, such as hosting AI computers, to make up the difference. It's paying off, at l...
A Bitfarms mining facility in Washington state, U.S. (Eliza Gkritsi/CoinDesk)
By George Kaloudis
Jul 18, 2024 at 7:17 p.m. UTC
Jul 18, 2024
OpinionMiningBitcoin MiningAIstock prices
Funding (Gerd Altmann/Pixabay)
Technology
Funding rounds
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.
Funding (Gerd Altmann/Pixabay)
By Jamie Crawley
Jul 18, 2024 at 2:07 p.m. UTC
Jul 18, 2024
Funding RoundsAIInteroperability
Grayscale ad (Grayscale)
Markets
Grayscale
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 Live...
Grayscale ad (Grayscale)
By Krisztian Sandor
Jul 17, 2024 at 2:05 p.m. UTC
Jul 17, 2024
GrayscaleArtificial IntelligenceAINearRender NetworkFilecoinlivepeer
(Marian/Getty Images)
Opinion
Opinion
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.
(Marian/Getty Images)
By Jesus Rodriguez
Jul 16, 2024 at 6:14 p.m. UTC
Jul 16, 2024
OpinionAI
Alta Novella's turbine room with 40 ASIC bitcoin miners.
Markets
Bitcoin mining
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.
Alta Novella's turbine room with 40 ASIC bitcoin miners.
By Will Canny
Jul 12, 2024 at 9:08 a.m. UTC
Jul 12, 2024
Bitcoin Miningshort-sellingIris EnergyAIEquitiesBernstein
Morgan Creek Digital to raise up to $500M for new Web3 venture capital fund. (Jason Leung/Unsplash)
Finance
Ai
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.
Morgan Creek Digital to raise up to $500M for new Web3 venture capital fund. (Jason Leung/Unsplash)
By Will Canny
Jul 12, 2024 at 7:00 a.m. UTC
Jul 12, 2024
AIVenture CapitalWeb3Fundraising
AI, if it is to grow as proponents believe it should, will require a lot more energy to power the data centers which make AI possible. (Taylor Vick/Unsplash)
Opinion
Opinion
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.
AI, if it is to grow as proponents believe it should, will require a lot more energy to power the data centers which make AI possible. (Taylor Vick/Unsplash)
By George Kaloudis
Jul 11, 2024 at 4:00 p.m. UTC
Jul 11, 2024
OpinionAIBitcoin Miningenergy consumption
Ritual co-founder Niraj Pant (Ritual)
Technology
Solana
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.
Ritual co-founder Niraj Pant (Ritual)
By Sam Kessler
Jul 9, 2024 at 4:34 p.m. UTC
Jul 9, 2024
SolanaEthereumAIPolychainVenture CapitalFundraiseVCExclusive
Storj said it acquired cloud-computing firm Valdi without disclosing terms. (Growtika/Unsplash)
Finance
Storj
Storj Acquires Cloud Computing Firm Valdi; Terms Undisclosed
Valdi allows customers to use available GPU compute cycles in data centers across the world.
Storj said it acquired cloud-computing firm Valdi without disclosing terms. (Growtika/Unsplash)
By Will Canny
Jul 9, 2024 at 12:30 p.m. UTC
Jul 9, 2024
Storjmergers and acquisitionsAICloud ComputingGPUs
(Possessed Photography/Unsplash)
Markets
Analysis
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.
(Possessed Photography/Unsplash)
By Sam Reynolds
Jul 9, 2024 at 12:06 p.m. UTC
Jul 9, 2024
AnalysisNear foundationNearICPInternet ComputerAIArtificial Intelligence