Technology

Crypto and Artificial Intelligence: A $20 Trillion Megatrend by 2030, Says Bitwise

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.

Ashik Ahmed

Ashik Ahmed (Aryan) is a tech writer for Dubai News, covering a wide range of topics with a particular specialization in artificial intelligence and technology. With a keen eye for detail and a passion for the latest innovations, Ashik has established himself as a trusted voice in the tech industry. he is the founder and CEO of XovaTech, Offers computing, software, website dev, SEO, online marketing and also into celeb management and artificial intelligence. His in-depth analysis and insightful commentary provide readers with a comprehensive understanding of the rapidly evolving technological landscape. Whether it's emerging trends, groundbreaking startups, or the latest gadgets, Ashik's expertise ensures that his articles are both informative and engaging.

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