The growth of #artificialintelligence. (AI) in the economy could be a boon for cryptocurrency, according to #Joe Lonsdale, co-founder of data analytics firm Palantir (PLTR).

AI agents - entities that use AI technology to perform specific tasks - would probably use crypto when conducting financial transactions, adding that bitcoin {BTC}, ether {ETH} or solana {SOL} would be the three choices, in an interview for CNBC's Squawk Box on Monday.

"There's one type of buyer that could be very important here: AI agents are going to start doing a lot of things in our economy," he said. "For AI agents to coordinate with incentive systems, they're probably going to use crypto."

Lonsdale was opining on the drivers of bitcoin's price now that spot ETFs are finally trading in the U.S., adding that this largely hinges on the macro backdrop.

"Are we going to be in massive deficit in 2025-2026 and spending money willy-nilly? If so, what asset's safe?" he posed. "If you have inflation come up again...that's a story I'm hearing from a lot of my friends who know macro better than me. You could see crypto do very well."

#ChatGPT sees traffic fall 10% in June after initial rush from users

From May to June, global traffic for the well-known artificial intelligence (AI) chatbot ChatGPT decreased, indicating a drop in interest in the AI assistant tool created by #OpenAI.

For ChatGPT, both desktop and mobile web traffic decreased by 9.7% in June, according to data estimates from the traffic analytics website Similarweb. Additionally, the number of unique visitors to the website and the average time spent on it have both decreased by 5.7% and 8.5%, respectively. The traffic to the website was down 10.3% month over month in the United States.

Despite the drop in traffic, the website continues to outperform #Google Bard, #Microsoft Bing, and another rival named Character AI, a well-known chatbot powered by #artificialintelligence.