Microsoft’s artificial intelligence AI altcoins are on the rise following plans to make massive investments in the (AI) space.
The news site Semafor reported that, citing sources familiar with the matter, Microsoft is in talks to invest $10 billion in artificial intelligence research firm OpenAI.
OpenAI, the founder of ChatGPT, which is also popular in the press and social media, is one of the companies that attracted the most attention in recent months.
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SingularityNET (AGIX) started to gain strength after this news. The project’s native token is trading at around $0.11 at the time of writing, up more than 136% from its price a week ago.
Koinfinans.com As we reported, SingularityNET is a blockchain-based marketplace for AI services ranging from individual AI algorithms to standalone AI applications.
fetch.ai (FET) also recorded an unexpected rise. The project’s native token is trading at around $0.207 at the time of writing, up more than 91% compared to its price seven days ago.
Fetch.ai is machine learning focused on applications that make businesses run more efficiently, such as financial services, smart cities, or the gig economy.
In addition, the data sharing blockchain Ocean Protocol (OCEAN) was one of the highlights of this week. OCEAN is up about 37% in the last seven days and is trading around $0.255 at the time of this writing.
Ocean Protocol is a decentralized data exchange protocol aimed at unlocking data for artificial intelligence.