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BlackRock and Microsoft have established a $30 billion AI infrastructure fund to develop data centers and energy sources, highlighting the rising demand for computational power in AI. This investment surpasses the combined market cap of existing AI crypto projects, suggesting significant market opportunities. Projects like BitTensor are set to benefit from this surge, as they build networks to meet AI's computational needs. The speaker outlines various AI cryptocurrency projects that are potentially undervalued and emphasizes the importance of investing in AI's promising future within the crypto market.
Microsoft and BlackRock launch a $30 billion AI infrastructure fund.
AI is a hot sector, with IPOs and investments exceeding existing crypto market caps.
BitTensor innovates with subnetworks tailored for diverse AI applications.
Possible investment opportunities outlined in underpriced AI projects.
The partnership between BlackRock and Microsoft underscores the need for robust governance frameworks in AI. With the establishment of a large-scale AI infrastructure fund, it’s vital to consider the ethical implications related to data privacy and bias in AI algorithms. Recent studies suggest that well-governed AI systems can better address public concerns, enhancing both trust and investment.
The launch of this AI infrastructure fund reflects a pivotal moment in the AI landscape, emphasizing a proactive approach by major corporate players. With a market cap of AI projects at only $23.5 billion, the fund's scale suggests an impending shift in investment dynamics. Projects like BitTensor could leverage this influx of capital to achieve significant growth, aligning with market predictions for AI as a leading sector over the next few years.
The fund aims to enhance AI supply chains and energy sourcing, making it a considerable player in the AI market.
It plans to cater to different aspects of AI, such as data processing and language models.
There's a significant focus on the energy consumption associated with these operations.
The company's collaboration with BlackRock is shaping the future of AI by funding essential infrastructure.
Its partnership with Microsoft marks a strategic push towards significantly enhancing AI operational capacities.
Joe Parys Crypto 9month
Joe Parys Crypto 11month
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