🎉 Fraction AI has just secured $6.00M in its latest funding round! 🎉
🔹About: Fraction AI is a crypto-AI startup focused on decentralizing data labeling. Founded in February 2024, Fraction AI aims to transform AI data generation into a competitive marketplace. The platform allows AI agents to compete in generating high-quality data, with rewards for their creators. Fraction AI recently raised $6 million in a pre-seed funding round co-led by Spartan Group and Symbolic Capital. The project follows a hybrid approach, combining human insights with AI agents. Participants include stakers, builders, and judges, each playing a role in the data labeling process. Fraction AI's innovative model democratizes access to high-quality data, empowering anyone to train AI models effectively. With strong financial backing and a unique approach, Fraction AI is set to make a significant impact in the AI and blockchain industries. 🚀🌐
🔹 Lead Investors: The Spartan Group, Mask Network, Borderless Capital, Foresight Ventures, MH Ventures and many more.
🔹 Total Raised: $6.00M.
🔹 Project Category: Blockchain Service, AI.
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#RideTheKaiaWave #CPIUpdateOctober #WeAreAllSatoshi #ArtificialInteligence #artificialintelligence $AI
$FET
$TAO

🎉 Hyperbolic Labs has just secured $20.00M in its funding rounds! 🎉
🔹About: Hyperbolic Labs is an innovative Web3 AI cloud startup focused on providing open access to AI computing and inference services. Hyperbolic Labs recently raised $20 million in funding, with contributions from prominent investors like Polychain Capital and Variant Fund. The project aims to create an "AI Rainforest", an ecosystem where users can access and benefit from collectively governed AI infrastructure, services, and models. Hyperbolic Labs utilizes a unique Proof of Sampling (PoSP) protocol to ensure data privacy and cost-effectiveness. The platform also plans to launch its own blockchain in 2025, further bridging the gap between Web3 and AI technologies. With a focus on affordability, scalability, and security, Hyperbolic Labs is set to revolutionize the AI and blockchain industries. 🚀🌐
🔹 Lead Investors: Polychain Capital, Balaji Srinivasan, Variant, Faction, Wintermute, Sandeep Nailwal and many more.
🔹 Total Raised: $20.00M.
🔹 Project Category: AI, Cloud Services, Web3.
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#RideTheKaiaWave #ArtificialInteligence #artificialintelligence #Artificiallnteligence #data $IO
$RENDER
$FET

AI projects and coins such as $NEAR , $ICP , $FET did well in late 2023 -> early 2024 but over the past months some other sectors have performed better.
Is it still a good idea to invest in AI projects?

Which ones do you like?
How many do you hold?
What is the proportion of your portfolio you have allocated to AI coins
What is your time horizon?
Did you buy more during the last days or did you sell?

#artificialintelligence

Hello and welcome to my feed.This is my first article here by the way.🙂Artificial intelligence (AI) is a relatively new technology; in spite of that, it is gaining popularity on a massive scale and even threatens to change the status quo.A lot of people are already apprehensive of AI taking over their jobs.Writers and content creators are at the top of the list of people at risk of losing their jobs to AI. But I personally see AI as an assistant, not a competitor.AI is quite transformative in itself; but when you add blockchain technology to the equation, you see a marriage made in heaven.Let’s examine some unique use cases of artificial intelligence in blockchain and why the two should work together. Application SecurityArtificial intelligence and blockchain can be merged together to improve the security of online applications such as websites, mobile apps and cloud storage systems.This will go a long way in preventing security threats such as ddos attacks, fraud, malware, phishing and hacks.AI can improve the security of blockchain applications by detecting vulnerabilities within smart contracts thereby preventing exploits before they happen.AI can also help optimize smart contracts, thereby increasing the amount of transactions they can perform, saving time and cost. Identity VerificationAI can collaborate with blockchain technology to verify the identity of people who make use of blockchain-based applications, thereby reducing identity theft and fraud. Data Generation For NFTsAI is already being used to generate images, audio and video that are used in creating non- fungible tokens (NFTs) and I think the future of NFTs is AI-driven. Copyright Checks And VerificationsAI can be used to check and verify the authenticity of the data used in NFTs, blockchain storage applications, dapps, etc. And also detect copyright infringement in real time. DAO GovernanceAI can assist in managing decentralized autonomous organizations (DAOs), thereby improving their decision-making process and policy alignment. Price PredictionAI can act as an analyst on top of blockchain applications in analyzing market trends and offering data-centered price predictions. Compliance and RegulationsAI can act as an attorney working side by side with blockchain applications to ensure compliance with government regulations as it applies to the blockchain industry, thereby reducing the risks associated with being sued by government agencies and asset confiscations. ConclusionAs institutional investors are lining up to have their slices of crypto cake, the march into a decentralized world can only be sped up when AI is fully merged with blockchain technology.That day is fast approaching and I can only hope that the benefits will far outweigh the concerns. What other use can we put artificial intelligence into as it relates to blockchain?Let me know in the comments.Thanks for reading. #artificialintelligence #BlockchainAdoption #CryptoLandscape #NFTIntellectualProperty #Technology