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Thursday, July 4, 2024
bitcoin
Bitcoin (BTC) $ 58,108.57
ethereum
Ethereum (ETH) $ 3,133.02
tether
Tether (USDT) $ 0.998237
bnb
BNB (BNB) $ 523.13
usd-coin
USDC (USDC) $ 0.999702
xrp
XRP (XRP) $ 0.442548
binance-usd
BUSD (BUSD) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.108126
cardano
Cardano (ADA) $ 0.380076
solana
Solana (SOL) $ 134.68
matic-network
Polygon (MATIC) $ 0.506323
polkadot
Polkadot (DOT) $ 5.78
tron
TRON (TRX) $ 0.127025
HomeFinanceThe absurd AI mania is coming to an finish
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The absurd AI mania is coming to an finish

Enterprise capital curiosity in cryptocurrency has decreased considerably for the reason that bull run of 2021. At $2.3 trillion in market capitalization, each VC needed a bit of the business.

The image is now very totally different. One other dominant pressure out there has attracted the overwhelming majority of enterprise funding over the previous yr: synthetic intelligence giant language fashions (LLMs).

ChatGPT and different main platforms are seeing decreased curiosity. Credit score: Chandler Nguyen

Chris Coll-Beswick is the founder and managing associate of Transcend Labs, a Web3 incubation platform. He’s additionally a mentor and decide for Stanford’s AI & Web3 Analysis Lab Affiliation. Previous to Transcend Labs, he based Calibre Capital andco-founded Yeswetrust. He holds an undergraduate diploma from the College of Sheffield.

Proceed Studying on Coin Telegraph

See also  Crypto market expands past Bitcoin; altcoins rally, DeFi and stablecoins contribute considerably
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