More crypto AI alliances emerge following $7.5B token merger

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The Crypto AI frenzy first began in 2023 with the popularization of ChatGPT.

the initial dex offering of its launchpad project, Wisdomise AI, in conjunction with KuCoin and Gate.io.

Wisedomise is currently targeting an IDO with a fully diluted valuation of $20 million. Meanwhile, ChainGPT uses language learning models to build AI-powered chatbots and news aggregators and is currently valued at $236 million, based on its native token. Likewise, Aethir will allow KIP Protocol to access its fleet of 40,000 GPUs and 3,000 NVIDIA H100s for generating AI prompts. Julian Peh, co-founder and CEO of KIP Protocol, stated that the two protocols are in alignment over the firm's use of Aethir's computing resources for powering its AI asset deployment and monetization tools.

“In the near term, we anticipate generating revenue as we launch the agentic network for deployment,” Humayun Sheikh, chairman of the Artificial Superintelligence Alliance and CEO of Fetch.ai, told Cointelegraph in a statement. “In the short term, we’ll focus on deploying numerous commercial products that breathe life into AI applications.”

 

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