ChainCatcher news, according to Bloomberg, informed sources revealed that Blackstone Inc. has recently completed a strategic investment of over $500 million in Lancium Inc.Lancium plans to build five data centers in the resource-rich areas of wind and solar energy in West Texas, with a total capacity of over 5 gigawatts, expected to be operational by 2028. The project aims to meet the energy demands of the surge in AI applications, including plans for on-site solar power generation and energy storage facilities.

ChainCatcher news, the decentralized storage platform MEMO recently announced that its Memo Megrez network will undergo an upgrade. MEMO will officially become a user-centric AI data cloud, providing comprehensive solutions for the integration of artificial intelligence and blockchain technology.It is reported that the MEMO network offers a full range of services, including data storage, computing, and content distribution. Enterprises and individuals can contribute idle storage resources through the MEMO network and monetize these resources through its incentive model to achieve stable income.After the network upgrade is completed, MEMO will provide a global data cloud network for AI enterprises, developers, and enthusiasts, supporting them in building and deploying decentralized AI models and applications.

ChainCatcher news, encrypted AI data collection startup Sapien has completed a $10.5 million seed round financing, led by Variant, with participation from Primitive Ventures, Animoca, Yield Game Guild, and HF0.The Sapien team is led by Rowan Stone, former co-founder of Base, and Trevor Koverko, founder of Polymath and author of the RWA standard ERC1400, who are incentivizing an increasing number of data providers using USDC stablecoin or a rewards points system.According to RootData, Sapien is a scalable data labeling solution that gamifies the data labeling process using rewards on the blockchain.

ChainCatcher news, Bitcoin mining hosting provider Revolve Labs plans to establish an artificial intelligence data center in central Minnesota, having previously withdrawn a mining expansion proposal due to community opposition.Revolve Labs held a meeting with the Glencoe Economic Development Authority in September, planning to expand its facilities in the city to accommodate one or two artificial intelligence data centers, along with cooling systems and backup generators. The project is expected to have a capacity of 10 megawatts, employ about 10 staff, and cost between $40 million and $60 million. As part of the Revolve Labs proposal, they intend to purchase two parcels of land totaling 6.2 acres and build a substation for the expansion.Revolve Labs currently operates a Bitcoin mining facility in Glencoe with a capacity of approximately 20 megawatts and a hash rate of 537 PH/s. According to reports from last month, the company had attempted to increase its mining capacity in Winton, Minnesota, but withdrew its application after community opposition due to noise concerns.

ChainCatcher news, according to The Block, JPMorgan analysts indicate that Bitcoin miners face a window of opportunity to sign contracts for data center and high-performance computing (HPC) services with large-scale computing and AI startups over the next 9 months.Due to delays in data center approvals and grid connections, Bitcoin miners can leverage their existing infrastructure to meet AI computing demands. The report notes that the capacity of the U.S. power grid is limited, and the demand for AI and HPC will continue to grow until 2026.

ChainCatcher News: Japanese Web3 infrastructure company KEKKAI Labs announced the rebranding of its Web3 security solution KEKKAI to Alpha Network and the launch of the cross-platform Web3 operating system AlphaOS. This upgrade not only showcases KEKKAI's innovation in the integration of AI and Web3 but also brings enhanced benefits to users. AlphaOS adds intelligent Alpha recommendations, AI cross-chain transactions, and point rewards on top of the existing security features, providing a more intelligent Web3 experience.Alpha Network has created the world's first decentralized AI data execution layer, offering solutions to the shortage of AI training data. Through decentralized data storage, it ensures compliance and security in data sharing, allowing users to earn token rewards by contributing data. AlphaOS will seamlessly upgrade from the original KEKKAI Plugin and will launch a web version, with plans for mobile and desktop versions in the future, continuously expanding AI-driven automation features.In the future, Alpha Network will focus on the deep integration of Web3 and AI, building a decentralized data economy ecosystem to provide global users with a more efficient and convenient Web3 experience.

ChainCatcher news, the decentralized AI data liquidity network Vana has announced the completion of a $5 million strategic financing round, led by Coinbase Ventures. With this, Vana's total funding has reached $25 million.Vana aims to build a user-owned data pool network that addresses the issue of insufficient training data for AI models through blockchain technology, while also providing internet users with a way to earn income. Vana plans to establish a decentralized autonomous organization (DAO) network that allows members to aggregate data accumulated from social media platforms like Reddit, LinkedIn, or X, and sell these datasets to AI researchers.Previously, Vana raised $18 million in Series A funding led by Paradigm.

ChainCatcher news, according to The Block, Core Scientific CEO Sullivan stated in an analyst interview that Bitcoin miners could achieve "exponential" growth in the coming years through its artificial intelligence data center services. However, this depends on whether the company can prove its ability to deliver gigawatt-level AI data centers to clients beyond its initial customer, CoreWeave.Sullivan stated, "Signing contracts for another 500MW or 1GW in the next few years would mean we are no longer a $2.5 billion company, but could potentially become a $25 billion to $30 billion company."Former investment banker Sullivan joined the company in April 2023, just four months into its Chapter 11 bankruptcy proceedings, following a crash in Bitcoin prices during the 2022 bear market, while energy prices soared. However, after successfully emerging from bankruptcy in January this year, Core Scientific signed a 12-year agreement with AI Hyperscaler CoreWeave, with total revenue potentially reaching $3.5 billion.Sullivan noted that Core Scientific had previously collaborated with CoreWeave on Ethereum GPU mining, then shifted to a proof-of-stake consensus mechanism, and reopened discussions with the company about conversion possibilities at the end of 2023.

According to ChainCatcher news, as shown on the official website, Grass has now integrated with the OKX Web3 wallet. Users can participate in the preparation and collection of data through the OKX Web3 wallet on Grass and earn rewards, among other benefits.It is reported that Grass is the first project deployed on Solana that combines AI, Depin, and Solana technology, positioned as the data layer for AI, aiming to allow everyone to access and utilize public network data fairly and to promote the development of AI and Web3. The OKX Web3 wallet is an industry-leading one-stop Web3 entry point, now supporting over 100 popular public chains, with a unified experience across app, plugin, and web.

ChainCatcher news, OKX Ventures announced a strategic investment in the decentralized database Space and Time (SxT). The core development team of SxT has dedicated the past two years to providing a tamper-proof data technology stack for both on-chain and off-chain applications. The team has introduced a new cryptographic technology called Proof of SQL, which cryptographically proves that the computations of queries and the data are accurate and immutable. Since the launch of the Beta product in March 2023, users have averaged over 500,000 queries per month, with database requests exceeding 5 billion. It has been applied by various dapps and traditional enterprises. Currently, SxT supports data indexing for mainstream on-chain public chains, including Ethereum, Bitcoin, ZKsync, Polygon, Sui, Aptos, and Sei, as well as off-chain data.Dora Yue, founder of OKX Ventures, stated: "Space and Time, as a verifiable computing layer for Web3, has pioneered a new cryptographic technology, Proof of SQL, which, combined with a decentralized data warehouse, cryptographically proves that the computations of queries and the data are accurate and immutable. Under the zk co-processor, the SxT solution, which integrates large language models (LLM), can optimize the user experience for on-chain applications such as DeFi during self-custody, ensuring asset security and addressing issues like key loss, as well as transactions, storage, and equipment upgrades of digital assets in GameFi, preventing incidents of asset theft and contract modification. OKX Ventures actively advocates for innovation in blockchain technology and its practical applications. We are very much looking forward to the launch of the testnet for Space and Time. SxT ensures the security and immutability of data under the optimization of business model frameworks for traditional enterprises and on-chain applications, providing support for decentralized database services and promoting sustainable business development."

ChainCatcher news, the leading Web3 data analysis agency Messari has disclosed the DePIN industry map for August. Compared to last month, four new sub-tracks have been added, and the DePIN & AI project Network3 has been included in the "AI Data Layer" section. The DePIN track continues to grow in scale compared to last month, with financing amount increasing by 296% year-on-year and total market capitalization growing by 400%, reaching $20 billion.According to data from the crypto platform RootData, Network3 has achieved $5.5 million in seed pre-round and seed round financing, with the next round of financing already underway, involving several leading institutions. In mid-August, Network3 will begin selling physical mining machines, and users can participate in dual mining to earn $iotx and the native token of the Network3 project ------ $N3, with official news claiming that N3 has already initiated the listing process.

ChainCatcher news, the decentralized data trust protocol Codatta, based on a blockchain collaboration platform, has launched a new paradigm for pathological AI data annotation by leveraging blockchain technology, aiming to build an equitable pathological data ecosystem.Dr. Daniel Wei, co-founder of DPath.ai, stated that DPath and Codatta will collaborate to provide precise annotations for numerous public pathological slide datasets, making pathological data more valuable, allowing pathological AI to accurately locate and mark lesion areas, and provide diagnostic suggestions, which will improve doctors' work efficiency and diagnostic accuracy.Previously, the U.S. FDA approved Paige.AI for assisting in the diagnosis of prostate cancer biopsies. To develop powerful and reliable clinical-grade pathological AI for various cancers, a large amount of precisely annotated data from pathologists is required, but the enormous workload faced by pathologists makes this an almost impossible task.

ChainCatcher news, according to CoinDesk, broker Bernstein stated in a research report on Tuesday that Bitcoin miners are attractive partners for establishing artificial intelligence (AI) data centers because they have available power and operational capabilities.The report noted that recent AI deals, including Core Scientific's (CORZ) 12-year agreement with CoreWeave and Coatue Management's $150 million investment in Hut 8 (HUT), have become key catalysts for the industry.Additionally, Bernstein initiated coverage on mining company Iris Energy (IREN) with an "Outperform" rating and a target price of $26. The brokerage also started coverage on Core Scientific with an "Outperform" rating and a target price of $17. Iris Energy was reported at $13.40 in early trading on Tuesday, while Core Scientific was at $9.79.

ChainCatcher news, MarketingFi and AI data layer Cookie3 announced that they have raised $5.5 million in funding, including $3.3 million in seed and strategic round financing, with investors including Web3 venture capital firms such as Animoca Brands, Spartan Group, Mapleblock Capital, and Castrum Capital.Additionally, the Web3 asset data platform RootData shows that Cookie3 is building a MarketingFi platform and Web3 AI marketing solutions that connect projects with the right audiences, creating profit opportunities for both parties. Cookie3 uses off-chain and on-chain analytics along with a Web3 AI data layer to ensure that only valuable users and projects can benefit from the MarketingFi ecosystem. In an economy where the boundaries between business owners, investors, and consumers become blurred, effective marketing becomes collaborative, and value flows freely among all stakeholders.The COOKIE token is the governance and utility token of the Cookie ecosystem, set to launch on June 13, 2024, at 18:00 Beijing time. COOKIE is the first MarketingFi token, featuring multi-airdrop capabilities across the Cookie3 platform, and has a growing demand mechanism related to the AI data trust in Cookie3 Analytics, which can only be redeemed through COOKIE tokens.

ChainCatcher news, Animoca Brands announced on the X platform: "The company has invested in the COOKIE token, which is supported by Cookie3. We look forward to supporting the largest MarketingFi and AI data layer in Web3, which is used by over 300 decentralized applications (dApps)."Additionally, the Web3 asset data platform RootData shows that Cookie3 is building a MarketingFi platform and Web3 AI marketing solutions to connect projects with the right audience, creating profit opportunities for both parties.

ChainCatcher news, the distributed AI network PublicAI has reached a partnership with the Solana ecosystem DePIN protocol io.net. PublicAI is already utilizing the GPU computing power provided by io.net, and both parties will build a DeAI data infrastructure to achieve more efficient and secure AI computing.

ChainCatcher news, the "Web3 Insight Summit" co-hosted by ChainCatcher, RootData, and Oak Grove Ventures was held today at the Renaissance Harbour View Hotel in Hong Kong. During the conference, Calanthia Mei, co-founder of the decentralized AI data network Masa, shared a presentation titled "Finding Alpha in Decentralized AI: Data & LLMs."Calanthia Mei mentioned that Masa is building the largest decentralized AI data and LLM network, allowing everyone to become data contributors by providing personal data and receiving rewards in the form of Masa's native tokens. Developers will be able to access this data for training AI models and creating applications, ensuring the decentralization of AI while protecting user privacy. Users can engage in "data mining" to earn MASA token incentives through four methods: Quest to earn, Surf to earn, Node to earn, and Passive Rewards. Currently, the Masa network has over 1.4 million unique addresses, more than 38 million proprietary data points, and over 10,000 data sources, with 48,880 testnet nodes already established.The "Web3 Insight Summit," hosted by ChainCatcher, aims to gather the most thoughtful and innovative senior professionals in Web3 from around the world to provide more constructive insights for the industry, present more industry insights, and help Web3 move towards the mainstream.