Binance Research recently released the latest data and developments on "AI x Cryptocurrency". In 2023, the funds raised by AI-related Web3 projects surged to $298 million. This exceeds the total amount of funds raised by AI projects from 2016 to 2022 ($148.5 million). AI-related tokens generally performed well in 2023, and the top five AI tokens by market capitalization performed significantly better than BTC and ETH, ultimately rising by 200% to 650% in 2023. In addition, some trends and practical use cases emerging from the fusion of AI and crypto technologies have been observed, including promoting the development of decentralized physical infrastructure networks ("DePIN") and creating more interactive consumer-oriented applications.