Posted on 02/07/2023 7:52:27 AM PST by dware
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.
(Excerpt) Read more at dailyhodl.com ...
I am looking for an exchange, which do you use (or would recommend)?
I use coinbase for now. Just getting into it. Well, getting serious about it. I’ve been dumping $10-$20 a payday in til I had enough in there to do something with.
What cdnerds said. The track record of US exchanges is incredibly dismal.
Ok, can you recommend a foreign exchange?
A claimed AI-oriented cryptocurrency that as really nothing to show for itself, other than “I hope people use me for AI transactions in the future,” is booming because of unrelated AI novelty?
Invest away!
I’d say a $10 BILLION investment by Microsoft in OpenAI is just a bit more than novelty. In any event, as long as I’m making money, I will indeed invest away.
I am sure Sequoia Capital and friends “due diligence” is up to par with their previous research on FTX and Theranos ...
Did Microsoft invest $10 billion in an AI cryptocurrency?
Is a cryptocurrency claiming it’s good for AI use even remotely involved with OpenAI?
The answer to both of those is “No.”
So, invest away in the unrelated, practically unknown, latest cryptocurrency!
Y’all are funny. I like you, but y’all are funny.
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