Many people over the years have asked me a similar question: what are the intersections between crypto and AI that I consider to be the most fruitful? It's a reasonable question: crypto and AI are the two main deep (software) technology trends of the past decade, and it just feels like there must be some kind of connection between the two. It's easy to come up with synergies at a superficial vibe level: crypto decentralization can balance out AI centralization, AI is opaque and crypto brings transparency, AI needs data and blockchains are good for storing and tracking data. But over the years, when people would ask me to dig a level deeper and talk about specific applications, my response has been a disappointing one: "yeah there's a few things but not that much".

Microsoft CEO Satya Nadella is visiting India on February 7 and 8 to focus on the potential of artificial intelligence (AI). The visit highlights Microsoft's commitment to using technology to create new opportunities in India, which is becoming a hub for AI innovation. Microsoft sees India as a vibrant ecosystem for developers and start-ups, with the potential to influence both domestic and global markets. Nadella's visit follows discussions on AI during Prime Minister Narendra Modi's US visit in 2023, where Nadella and other tech leaders engaged in conversations on AI.

According to the Financial Times, Elon Musk's artificial intelligence startup is seeking to raise $6 billion from investors to challenge OpenAI.

Time isn’t as linear as you think. It has ripples and folds like smooth silk. It doubles back on itself, and if you know where to look, you can catch the future shimmering in the present. (This is what people don’t understand about visionaries: They don’t need to predict the future. They learn to snatch it out of the folds of time and wear it around their bodies like a flowing cloak.)

Bill Gates stated in a closed-door speech at Davos, "After ChatGPT, AI can read and write. This is a huge improvement for white-collar workers, as it can handle many daily tasks and complete many large-scale analysis tasks instantly, greatly improving work efficiency. Within five years, there will be a significant increase in productivity. This also changes the working mode in the scientific field, analyzing molecular dynamics simulations for candidates/patients participating in medical experiments and prescribing targeted drugs."

The World Economic Forum's 19th annual Global Risks Report has identified artificial intelligence (AI) as a new global threat and has dedicated a section to its implications. The report highlights the most severe risks we may face over the next decade, including climate change, geopolitical power shifts, human migration, and technological acceleration. The report warns that as societal polarization grows and technological risks remain unchecked, "truth" will come under pressure. Additionally, the report predicts significant disruption across various sectors due to AI's impact on the global job market. The concentration of power in the hands of a few companies and countries in the field of AI is also a concern, as it could deepen global inequalities and create "digital divides into chasms," according to the UN Secretary-General António Guterres.

Since the release of ChatGPT, development of and interest in generative AI have exploded. Each week brings more model releases and additional tools, and Silicon Valley insiders, early adopters, and tech power users have flocked to Discord servers, registered for betas, and actively sought out ways to get their hands on the latest in AI.

According to a report by Binance Research, AI tokens are expected to have a significantly higher increase in value by 2023 compared to cryptocurrency giants Bitcoin and Ethereum. Meanwhile, funding for Web3 projects related to artificial intelligence has surged. The report states that AI tokens have benefited from the rising interest in the industry, experiencing significant increases in value over the past quarters and outperforming the market. They rank second in the past three months. Additionally, the report notes that the top five AI coins by market capitalization have performed significantly better than BTC and ETH, ultimately achieving a growth of 200% to 650% by 2023.

AI-driven Web3 tracking platform TrendX announced the completion of a $1 million seed round of financing, with participation from Foster Labs, Web3Link, Coresky, Tripod Capital, CatcherVC, MIIX Capital, and others.

CoinGecko Research data shows that in 2023, AI, GameFi, and meme coins will respectively occupy the top three positions in the cryptocurrency narrative, while Solana ecology, BRC20, RWA, and Layer1 rank fourth to seventh, and DeFi, Layer2, Ethereum ecology and other tracks rank lower.