Artificial Intelligence Altcoins Skyrocket Amid Rumors of $10,000,000,000 Microsoft Investment in OpenAI

MARKET_WATCH

Crypto

Artificial intelligence (AI) altcoins are taking off this week as reports surface indicating that Microsoft plans to make a gigantic investment in the AI space. The news website Semafor, citing sources familiar with the matter, reports that Microsoft has been in talks to invest $10 billion in artificial intelligence research company OpenAI. OpenAI created ChatGPT, an AI chatbot that went viral in November and December of 2022.

 

SingularityNET (AGIX) has been one of the single biggest benefactors of that news in the crypto space. The project’s native token is trading at around $0.11 at time of writing, up more than 136% from its price one week ago. SingularityNET is a blockchain-based marketplace for artificial intelligence services ranging from individual AI algorithms to standalone AI applications. Fetch.ai (FET) is also reaching unexpected heights. The project’s native token is trading at around $0.207 at time of writing, up more than 91% from where it was priced seven days ago. Fetch.ai is a decentralized machine learning system that aims to act as a platform for applications that enable things like financial services, smart cities, or gig economy work to operate more efficiently. Additionally, the data-sharing blockchain Ocean Protocol (OCEAN) is also making big waves this week. 

 

OCEAN is up about 37% in the past seven days and is trading around $0.255 at time of writing. Ocean Protocol is a decentralized data exchange protocol that aims to unlock data for AI. Don't Miss a Beat – Subscribe to get crypto email alerts delivered directly to your inbox Check Price Action Follow us on Twitter, Facebook and Telegram Surf The Daily Hodl Mix Check Latest News Headlines 

 

Source : [Artificial Intelligence Altcoins Skyrocket Amid Rumors of $10,000,000,000 Microsoft Investment in OpenAI](dailyhodl.com/2023/01/13/artificial-intelligence-altcoins-skyrocket-amid-rumors-of-10000000000-microsoft-investment-in-openai/) by Conor Devitt - The Daily Hodl by Conor Devitt / January 13, 2023

rayn.finance logo

Automata FRANCE SAS

240 rue Evariste Galois,

06410 Biot,

Sophia Antipolis

Automata Pay

65-66 Warwick House 4th

Floor, Queen Street, London

England, EC4R 1EB

Automata Pay Europe Ltd

3rd Floor Ormond Building,

31-36 Ormond Quay Upper,

Dublin 7, D07 Ee37

Automata ICO Ltd

Italian Branch

Via Archimede, 161,

00197 Roma

Italy

The purchase of digital assets is subject to a high market risk and price volatility. Changes in value can be significant and occur rapidly and without warning. Past performance is not a reliable indicator of future performance. The value of an investment and returns can fluctuate both up and down, and you may not recover the amount you invested. RISK WARNING

Automata ICO Limited has a branch in Italy with its registered office at Via Archimede, 161, Roma, Italy, and registered in Italy under number 96550860587 with the Organismo Agenti e Mediatori (OAM) as a Virtual Asset Service Provider (VASP).

Automata France SAS is a company registered in France with the company number 902 498 617. Automata FRANCE SAS is registered with the french Financial Market Authority, l’Autorité des marchés financiers (“AMF”), as a provider of Virtual Asset Service Provider under number E2023-087.

Automata Pay Europe Limited is a partner of Modulr Finance B.V., a company registered in the Netherlands with company number 81852401, which is authorised and regulated by the Dutch Central Bank (DNB) as an Electronic Money Institution (Firm Reference Number: R182870) for the issuance of electronic money and payment services. Your account and related payment services are provided by Modulr Finance B.V. Your funds will be held in one or more segregated accounts and safeguarded in line with the Financial Supervision Act. How we keep your money safe.