SingularityNET to invest $53M in AI infrastructure, modular supercomputer
The investment includes modular data centers and high-performance AI infrastructure for advancements in deep neural networks and large language models.
Related Posts


Curve Finance monthly revenues up more than 20% on DeFi surge
Curve clocked annualized revenues of nearly $37 million during the past 30 days, according to Token Terminal.

Iris Energy to nearly triple hash rate with estimated 44,000 new BTC miners
With the tough conditions that faced Bitcoin miners last year, Iris’ co-founder said the purchase was a “significant milestone” for the company. 422 Total views 5 Total shares Own this piece of history Collect this article as an NFTAustralia-based Bitcoin (BTC) mining company Iris Energy has revealed it will nearly triple its mining capacity with…

Bet more on the Bitcoin miners cashing in on AI
Supplying AI apps with computing power is a multibillion-dollar opportunity for Bitcoin miners.

Eigen Labs acquires Rio Restaking, opens LRT code
The Eigen Foundation is acquiring Rio Network’s intellectual rights and will open-source its liquid restaking token as a reference implementation in the EigenLayer ecosystem.

Italian Securities Watchdog Orders Unauthorized Crypto Companies to Cease and Desist
The Commissione Nazionale per le Società e la Borsa (CONSOB) has ordered three crypto-related companies providing unauthorized investment services to cease and desist, an official release states Monday, Nov. 19.The first company, a trading platform called Richmond Investing, has purportedly violated the Consolidated Law on Finance (TUF) — a fundamental law governing Italian financial markets…

BTC Investors Bullish Even as Bitcoin Price is Below $10K — On-Chain Data
Since recovering from this week’s drop to $8,900, Bitcoin (BTC) price has struggled to gain above $9,600 and this level needs to flip from resistance to support before further upside can occur. The largest digital-asset on CoinMarketCap has been gradually decoupling from stocks but some short-term correlation to traditional markets remains. This was observed on June…

The EU’s AI regulations sparked a letter signed by 160 tech execs
As the EU works on its upcoming AI bill, executives from 160 companies in the industry drafted an open letter on the implications of too-strict regulations. An open letter to lawmakers in the European Union was issued by more than 160 executives from tech companies around the world urging careful consideration of artificial intelligence (AI)…

Chainlink (LINK) pumps 26% in 6 days — Is there room for more?
Chainlink's (LINK) token has experienced a remarkable 26% surge between Nov. 2 and Nov. 8, approaching $14, a level not seen since April 2022. This solidified its position as the 10th largest cryptocurrency (excluding stablecoins) by market capitalization.While the price action is a welcome sight for traders, is Chainlink's current valuation of $8.1 billion justified?