ChainCatcher news, Port3 Network posted on X that Port3 has partnered with ERA AI to combine Port3's distributed computing capabilities with ERA AI's innovative artificial intelligence technology to jointly create a public blockchain for artificial intelligence. The two parties aim to build an intelligent, scalable, and secure blockchain ecosystem to provide exceptional AI-driven services to global users.According to RootData, Port3 is an AI service protocol that features large-scale Web3 datasets, a decentralized computing platform, and an open cross-chain execution layer. It acts as a bridge connecting on-chain and off-chain sources to establish a globally accessible data layer.

ChainCatcher news, the decentralized artificial intelligence project Morpheus has officially launched and is operational. Morpheus is dedicated to reducing the negative impacts of artificial intelligence, such as centralization, censorship, and data monopoly control.Morpheus is built using the Lumerin codebase, which is a protocol running on the Arbitrum blockchain.

ChainCatcher news indicates that according to the disclosure documents from the U.S. Securities and Exchange Commission, Altos Ventures has completed a $500 million fundraising for its new fund, focusing on investments in areas such as artificial intelligence, cybersecurity, cloud computing, and blockchain, supporting the next generation of technology disruptors.Altos Ventures has currently invested in over 250 companies, with more than a dozen having gone public or been acquired by public companies. The portfolio includes South Korean e-commerce giant Coupang and the gaming platform Roblox, known as the "first stock of the metaverse." However, Altos Ventures has declined to comment on the fundraising situation related to the new fund.Additionally, according to the Web3 asset data platform RootData, Altos Ventures makes initial investments in startups to capture emerging consumer and business opportunities. Altos Ventures aims to collaborate with management to build world-class companies based on strong operational foundations and attractive unit economics.

ChainCatcher news, Zero Gravity Labs (0G Labs or 0GL) is a crypto AI startup dedicated to developing the infrastructure for decentralized AI systems. The company announced it has secured $290 million in new funding. This includes $40 million in seed funding raised by the lab and a $250 million token purchase commitment received by the 0G Foundation (the independent governing body of the 0G protocol).This round of funding was participated in by Hack VC, Delphi Digital, OKX Ventures, Samsung Next, Bankless Ventures, Animoca Brands and its co-founder Yat Siu, Polygon and its co-founder Sandeep Nailwal, Stanford Blockchain Fund, Abstract VC, Alchemy, Blockdaemon, Foresight Ventures, among others.0G Labs now describes itself as a crypto AI startup rather than a modular blockchain or data availability (DA) layer. 0G Labs co-founder Heinrich stated, "The previous narrative did not cover the entirety of our mission to build AI as a public good; DA is just one component of this puzzle, as are verifiable reasoning, training, and so on."0G Labs is building what is known as a decentralized AI operating system (dAIOS), aimed at enabling the development of on-chain AI applications.

ChainCatcher news, the AI-driven education group Genius Group announced that its board has adopted a global "Bitcoin-first" strategy, making Bitcoin its primary reserve asset.The company's board has approved a commitment to allocate 90% or more of its current and future reserve assets to Bitcoin, with a goal of an initial investment of $120 million through ATMs, as a long-term hold for its main treasury reserve asset, while launching a Web3 wealth revival education series and enabling global Bitcoin payments on the company's Edtech platform.

ChainCatcher reported live from the "DeInsight 2024" annual summit held during Devcon in Bangkok, where Gaia's Global Marketing Director Andrew Harrison delivered a keynote speech titled "Who Do You Want to Control Artificial Intelligence?"Andrew Harrison stated that AI is currently highly concentrated in the hands of a few companies, leading to issues of censorship, bias, privacy, and intellectual property. Decentralization can empower users to control their data, ensure privacy, and address the problems brought about by centralized AI. Gaia proposed a decentralized AI network that supports open-source or open AI models, generates revenue through API services, and supports decentralized governance and economic models, ensuring the privacy and autonomy of user data.Recently, Gaia launched the "Gaia Domain," providing a unique identifier for AI systems and agents. This domain system is built on the ENS protocol infrastructure, compatible with both Web2 and Web3, and supports governance and staking rewards, further promoting the development of a decentralized ecosystem.In addition, it was mentioned that Gaia has recently established partnerships with ENS and vana to collaboratively build the future of DeAI.

ChainCatcher news, at the "DeInsight 2024" annual summit held during Devcon in Bangkok, Kony, co-founder and CEO of the economic layer GAIB, delivered a speech themed "GAIB Drives the New Economy of AI Computing Assets."Kony proposed that with the rise of AI technology, the demand for GPUs as core computing resources has surged. GAIB has innovatively launched a blockchain-based economic layer solution that combines GPU assets with DeFi to create yield-generating assets. Investors can directly access GPU assets, breaking the barriers of traditional indirect investment in stocks.Kony stated that GAIB provides stable cash flow through global GPU data center partnerships. The platform is committed to building a decentralized and highly liquid market for computing resources, accelerating the maturity and development of the AI economy.Remote participation 👉Live video link: https://www.youtube.com/live/tTVcUPumPysLive image link: https://www.pailixiang.com/album_ia7637038926.html

ChainCatcher news, Vitalik published a new article "From Prediction Markets to Information Finance" stating that he has been a close supporter and follower of Polymarket this year, and that prediction markets are one of the Ethereum applications that excite him the most.Vitalik believes that Polymarket has a dual nature: on one hand, it is a betting site for participants, and on the other hand, it serves as a news site for everyone else. As the election results gradually come in, despite many experts and news sources enticing the audience with favorable news for Harris, Polymarket directly reveals the truth that Trump's probability of winning has reached 95%. The real money invested by users allows the market to realize what the truth is closer to.Moreover, prediction markets can also use finance as a way to coordinate incentives to provide valuable information to the audience. Information finance addresses the trust issues that actually exist among people. A common concern of this era is the lack of knowledge and not knowing whom to trust in political, scientific, and business environments. Information finance applications can help be part of the solution. He predicts that a technology that will drive the development of information finance in the next decade is artificial intelligence.

ChainCatcher news, hedge fund Coatue Management plans to raise $1 billion to increase investments in artificial intelligence and technological innovation. It is reported that this is the first time in several years that the company is seeking to raise funds for its flagship fund.Coatue Management is a New York-based hedge fund focused on technology companies. It led the $300 million Series C funding round for OpenSea, and its portfolio in the crypto space includes: blockchain security company CertiK, Bitcoin mining company Hut 8, crypto payment platform MoonPay, and crypto analytics platform Dune Analytics, among others.

ChainCatcher news, according to Jinshi reports, Capital Economics stated that if Harris is elected as President of the United States, her policies are expected to largely follow in Biden's footsteps.Economist Julia Belecoso stated that in this scenario, the yield on the U.S. 10-year Treasury bond will slightly decrease to 4%, the dollar will weaken, and global stock markets will continue to benefit from the AI-driven bubble. She said, "This, in turn, will help maintain strong risk appetite globally, supporting emerging market assets." Belecoso added that Harris's presidency could be particularly beneficial for emerging markets that are expected to benefit from "friend-shoring."

ChainCatcher news, Tianyancha App shows that recently, Zhipu AI's affiliated company Beijing Zhipu Huazhang Technology Co., Ltd. underwent a business change, adding Beijing Artificial Intelligence Industry Investment Fund (Limited Partnership), Shenzhen招商数科 Innovation Private Equity Investment Fund Partnership (Limited Partnership), and Hubei Yangtze River CITIC Technology Mobile Communication Technology Industry Investment Fund Partnership (Limited Partnership) as shareholders, while the registered capital increased from approximately 27.91 million RMB to approximately 31.07 million RMB.

ChainCatcher news, according to Caixin, Microsoft will spend about 10 billion dollars to use CoreWeave's cloud computing data centers to develop artificial intelligence business.

ChainCatcher news, according to Cointelegraph, Digital Mining Solutions founder Nico Smid stated that Russia plans to build Bitcoin mining and artificial intelligence computing facilities in BRICS countries, with other countries potentially following suit by utilizing underused energy to mine Bitcoin.The Russian sovereign wealth fund is collaborating with Russian data center operator BitRiver to establish Bitcoin mining and artificial intelligence computing facilities for BRICS countries. This project could facilitate BRICS countries settling global trade in Bitcoin—an alternative to a basket of local currencies and gold as a currency support scheme.Russia will lift the ban on Bitcoin mining on November 1, but not without restrictions. It requires all Bitcoin miners to register with the Federal Tax Service of Russia and submit a list of machine models and wallet addresses.

ChainCatcher news, the Monetary Authority of Singapore (MAS) has announced the establishment of the Global Finance & Technology Network (GFTN) to promote the development of Singapore's fintech ecosystem and drive greater synergy and networking with the global fintech community.The first phase of measures includes developing a regulatory sandbox framework, establishing cross-border payment connections, piloting digital assets and tokenization, and facilitating the adoption of artificial intelligence (AI). GFTN will collaborate with MAS to advance industry and policy dialogue in the areas of payments, asset tokenization, and AI/quantum.