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The cryptocurrency industry continues to grapple with artificial intelligence as reported by a new deal between tech heavyweight Microsoft and former Ethereum miner – CoreWeave.
- According As per the recent coverage by CNBC, Microsoft has signed a deal with former Ethereum miner – CoreWeave.
- It is worth noting that CoreWeave has expanded its use of cloud computing infrastructure from Ethereum mining and is currently one of the fastest growing providers.
- It recently achieved a valuation of $2 billion.
- Financial details of the deal with Microsoft have not been disclosed, but the tech giant has agreed to spend “potentially billions of dollars over several years,” according to sources familiar with the matter and cited by CNBC.
- In early 2023, Microsoft also Investment $10 billion in OpenAI – the firm behind the popular AI-based chatbot ChatGPT.
- Sam Altman – the CEO of OpenAI – in turn, is now leading a cryptocurrency project called Worldcoin. He managed to secure $115 million in funding to build out the project, which includes high-precision retinal scans and is backed by crypto’s most prominent VCs.
Featured image courtesy of CNET
Binance Free $100 (Exclusive): Use this link to register and get $100 free and 10% off on Binance Futures for the first month. (terms).
PrimeXBT SPECIAL OFFER: Use this link to register and enter the code CRYPTOPOTATO50 to receive up to $7,000 on your deposit.
[ad_1]
The cryptocurrency industry continues to grapple with artificial intelligence as reported by a new deal between tech heavyweight Microsoft and former Ethereum miner – CoreWeave.
- According As per the recent coverage by CNBC, Microsoft has signed a deal with former Ethereum miner – CoreWeave.
- It is worth noting that CoreWeave has expanded its use of cloud computing infrastructure from Ethereum mining and is currently one of the fastest growing providers.
- It recently achieved a valuation of $2 billion.
- Financial details of the deal with Microsoft have not been disclosed, but the tech giant has agreed to spend “potentially billions of dollars over several years,” according to sources familiar with the matter and cited by CNBC.
- In early 2023, Microsoft also Investment $10 billion in OpenAI – the firm behind the popular AI-based chatbot ChatGPT.
- Sam Altman – the CEO of OpenAI – in turn, is now leading a cryptocurrency project called Worldcoin. He managed to secure $115 million in funding to build out the project, which includes high-precision retinal scans and is backed by crypto’s most prominent VCs.
Featured image courtesy of CNET
Binance Free $100 (Exclusive): Use this link to register and get $100 free and 10% off on Binance Futures for the first month. (terms).
PrimeXBT SPECIAL OFFER: Use this link to register and enter the code CRYPTOPOTATO50 to receive up to $7,000 on your deposit.
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