Global #AI

TeraWulf (WULF), a leading Bitcoin mining company, has experienced a significant surge in its stock price recently. Several factors have contributed to this positive momentum, including the rising price of Bitcoin, the company's progress in debt reduction, and its strategic move into the AI sector.

ntelion, a prominent Russian cryptocurrency mining firm, has announced a significant investment of $135 million into the development and application of artificial intelligence (AI) technologies. This bold move signifies the company's commitment to diversifying its operations and staying at the forefront of technological innovation.

Artificial intelligence (AI) is reshaping the internet landscape, from innovations like ChatGPT to Microsoft's Copilot, which utilize AI to enhance user productivity.

Core Scientific's latest move involves sealing a substantial $3.5 billion, 12-year deal with CoreWeave, a cloud service provider supported by Nvidia. This partnership signifies a strategic transition for Core Scientific, expanding its focus beyond Bitcoin mining to encompass high-performance computing (HPC) and machine learning.

The Bank for International Settlements (BIS), which includes 63 central banks and monetary authorities, sees significant potential in the widespread adoption of generative artificial intelligence (AI), a technology that many central banks are increasingly interested in.

NEAR Protocol's co-founder, Illia Polosukhin, has revealed ambitions to establish it as the premier ecosystem for advancing AI research and applications for the future.