What To Know
- AI and Crypto market must evolve into a breakthrough to anticipate that combined they can add $20 trillion towards the global GDP by 2030 according to Bitwise Asset Management.
- The largest cloud companies estimated to fund $200bn on data center investments in 2025 for AI acceleration.
- In addition to mining, crypto and AI could be applied to tasks such as validation of information and aid from virtual assistants and other related services to continue to advance the economy.
AI and Crypto market must evolve into a breakthrough to anticipate that combined they can add $20 trillion towards the global GDP by 2030 according to Bitwise Asset Management. Juan Leon, a senior crypto research analyst, said that the integration of both industries will be more substantial than people expected.
Many organizations consume data center, AI chips, and electricity; the largest cloud companies estimated to fund $200bn on data center investments in 2025 for AI acceleration. But Bitcoin miners here have the means in terms of the resources such as better chips and cooling systems. CoreWeave, the latest to ink a $3. 5 billion deal to host artificial intelligent services with Core Scientific, sheds light on this. Hut 8 as well as Iris Energy also joined the AI-hosting initiative of the bitcoin mining.
In addition to mining, crypto and AI could be applied to tasks such as validation of information and aid from virtual assistants and other related services to continue to advance the economy.
