Latest news with #Bittensor
Yahoo
4 days ago
- Business
- Yahoo
AI tokens tumble ahead of Nvidia's latest earnings report
The artificial intelligence (AI) tokens took a hit ahead of the California-headquartered chipmaker Nvidia (Nasdaq: NVDA) gearing up to post its Q1 2025 earnings report once the trading day closes on May 28. The total market cap of AI tokens slipped 0.5% in a day to $29.7 billion at the time of writing. All the leading AI tokens reflected a decline in their prices over the last 24 hours. TAO, the AI token powering the decentralized ML network called Bittensor, fell 2.6% to $434.76 at press time. NEAR, another leading AI token, dropped 3.58% to $2.79. ICP, the token powering decentralized AI solutions at the Internet Computer protocol, fell 2% to $5.26. RENDER, the AI token powering the decentralized GPU rendering platform, fell as much as 9% to $4.38. FET, the AI token behind the Artificial Intelligence Alliance consortium, dipped 3.2% to $0.88. FIL, the token supporting the internet infrastructure behind decentralized AI, fell 2.42% to $2.82. VIRTUAL, the token behind AI agent-enabling Virtuals Protocol, dropped 7.5% to $2.30. INJ, the token lying at the intersection of AI and DeFi at the Injective protocol, fell a modest 1% to $14.75. Helmed by CEO Jensen Huang, Nvidia faced a major onslaught this year with the buzz created by the Chinese AI company DeepSeek. In addition, the aggressive tariff policy pursued by President Donald Trump against China beginning Apr. 2 also affected the chipmaker's operations adversely since semiconductors were among the products worst hit by tariff hikes. On Apr. 14, the company announced an initiative to create their AI supercomputers in the U.S. exclusively, to which Trump promised an expedition of all necessary permits. The NVDA stock was exchanging hands at $136.32 at the time of writing, up 0.62% today. Though the stock has jumped 27% since Trump's "Liberation Day" tariff announcement, it's still barely 1.54% up year-to-date (YTD). AI tokens tumble ahead of Nvidia's latest earnings report first appeared on TheStreet on May 28, 2025
Yahoo
16-05-2025
- Business
- Yahoo
2 Unstoppable Cryptos You Can Buy Now Without Any Hesitation
Altcoins are making a comeback, with many of them posting double-digit gains over the past 30 days and outperforming Bitcoin. After launching in mid-2023, Sui has skyrocketed in value and has emerged as one of the biggest potential rivals of Ethereum. Bittensor is a decentralized blockchain platform for AI that provides investors with a way to benefit from the convergence of AI and crypto. 10 stocks we like better than Bittensor › Over the past 30 days, sentiment in the crypto market has improved remarkably, largely on new optimism about global trade deals getting done. Nearly every top cryptocurrency has been posting double-digit gains, and investors appear to be regaining their risk appetite for crypto. Two cryptos on my radar right now are Sui (CRYPTO: SUI) and Bittensor (CRYPTO: TAO), both of which have been soaring in value. Let's take a closer look at what makes them such strong buys right now. Sui (pronounced "swee") is arguably the buzziest new Ethereum (CRYPTO: ETH) challenger to arrive on the scene. This Layer 1 blockchain network launched in May 2023 and features an all-star team of blockchain developers and Silicon Valley tech veterans. Since Sui launched around the time that the crypto winter of 2022 was coming to an end, it never got the attention that it deserved. However, things have really taken off for Sui in 2025. It's now up 73% over the past 30 days, and currently boasts a $13 billion market cap, making it the 11th-most-valuable cryptocurrency. While nearly all top cryptocurrencies are up big during the past 30 days, Sui really stands out. By comparison, Bitcoin (CRYPTO: BTC) is "only" up 22% over the past 30 days. There are two main factors leading to Sui's outperformance. The first is the narrative around Sui's future potential to supplant Ethereum as the premier Layer 1 blockchain network. The Sui blockchain is faster, cheaper, and more efficient to use than Ethereum's blockchain, and institutional investors are starting to sit up and take notice. If Sui can continue to chip away at the market dominance of Ethereum, then its valuation should rise accordingly. The second big factor is the spot ETF narrative. At the end of April, 21Shares -- the same investment firm that helped Ark Invest launch its spot Bitcoin ETF last year -- filed an application with the SEC to launch a spot Sui ETF. If that application is successful, it could mean mainstream adoption for Sui. The spot ETF will make it easier for investors to get exposure to Sui and could lead to new investor inflows. The other unstoppable crypto on my list is Bittensor. It has risen 83% over the past 30 days and ranks as the No. 30 cryptocurrency, with a $4 billion market cap. The investment thesis for Bittensor is easy because it involves artificial intelligence (AI). As Cathie Wood of Ark Invest pointed out in her firm's 2024 "Big Ideas" report, one of the most exciting themes in the investment world is the convergence of artificial intelligence and blockchain technology. This convergence could lead to outsized gains for Bittensor, which is essentially a decentralized blockchain platform for AI projects. My only caveat here is that it has been frustratingly difficult for crypto investors to get the AI investment thesis right. A number of top AI cryptos that emerged after the launch of ChatGPT have now fallen by the wayside. And the "AI agent" thesis has floundered badly in 2025. So, you need to be careful about how much you buy into the buzz surrounding Bittensor. You need to be convinced that "decentralized AI" is more powerful than "centralized AI." In other words, you need to be convinced that AI upstarts powered by blockchain technology can take on the tech giants in Silicon Valley. In order for Sui and Bittensor to become truly unstoppable, altcoin season needs to arrive soon. While "altcoin season" is a state of mind more than anything else, it refers to a point in time when a majority of top altcoins are outperforming Bitcoin. This leads to a situation where crypto investors move out of Bitcoin and shift into riskier cryptos in order to capture this outperformance. Mathematically, altcoin season occurs when 75% of the top 100 coins have outperformed Bitcoin over the past 90 days. Right now, the CoinMarketCap Altcoin Season index has a reading of 32, which means that we're likely still several months away from the arrival of altcoin season. The good news is that Sui and Bittensor are two of the 32 coins outperforming Bitcoin over the past 90 days, and appear to be leading the way forward. That being said, it's best to keep your expectations in check. Sui faces a tremendous amount of competition in the Layer 1 blockchain market, and Bittensor could turn out to be another buzzy AI crypto that eventually falls to the wayside. However, it's impossible not to be impressed with their recent performance, or with their enormous future upside potential. If you are looking to turbo-charge the performance of your portfolio, and don't mind taking on considerable risk, both Sui and Bittensor could be worth a closer look. Before you buy stock in Bittensor, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Bittensor wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $620,719!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $829,511!* Now, it's worth noting Stock Advisor's total average return is 959% — a market-crushing outperformance compared to 170% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of May 12, 2025 Dominic Basulto has positions in Bitcoin, Ethereum, and Sui. The Motley Fool has positions in and recommends Bitcoin, Ethereum, and Sui. The Motley Fool recommends Bittensor. The Motley Fool has a disclosure policy. 2 Unstoppable Cryptos You Can Buy Now Without Any Hesitation was originally published by The Motley Fool
Forbes
14-05-2025
- Science
- Forbes
This Decentralized AI Could Revolutionize Drug Development
One of the most promising advancements in drug discovery isn't coming from big pharma — it's emerging from the convergence of decentralized AI and high-fidelity molecular simulations. That basically means creating faux chemical reactions on a computer while precisely measuring the results at the levels of atoms. In April, Rowan Labs released Egret-1, a suite of machine-learned neural network potentials designed to simulate organic chemistry at atomic precision. In plain terms, this model offers 'the level of accuracy from national supercomputers at a thousand to a million times the speed,' Rowan Labs Co-founder Ari Wagen said on Zoom. And they've open-sourced the entire package. But the real acceleration comes from Rowan's partnership with subnet 25 of the decentralized AI protocol Bittensor, called Macrocosmos. It's an unlikely yet potent collaboration — Rowan's high-accuracy synthetic data generation, now powered by a decentralized compute layer, could drastically reduce the cost and time to discover new therapeutic compounds and treatments. At the heart of Rowan's work is the idea of training AI neural networks not on scraped web data, but on physics in action — specifically, quantum mechanics. 'We build synthetic datasets by running quantum mechanics equations,' Wagen explained. 'We're training neural networks to recreate the outputs of those equations. It's like Unreal Engine [a leading 3D modeling app], but for simulating the atomic-level real world.' This isn't theory. It's application. Rowan's models can already predict critical pharmacological properties — like how tightly a small molecule binds to a protein. That matters when trying to determine if a potential drug compound will actually work. 'Instead of running experiments, you can run simulations in the computer,' Wagen said. 'You save so much time, so much money and you get better results.' To generate the training data for these models, Rowan used conventional quantum mechanical simulations. But to go further — to make the models more generalizable and robust — they need more data. That's where Macrocosmos comes in. 'We've spent the past year trying to incentivize better molecular dynamics,' said Macrocosmos' Founding Engineer, Brian McCrindle. 'The vision is to let Rowan spin up synthetic data generation across our decentralized compute layer — at fractions of the cost of AWS or centralized infrastructure.' The advantage isn't just cost — it's scale, speed and resilience. 'If we can generate the next training dataset in a month instead of six, the next version of Egret will come out twice as fast,' McCrindle added. The stakes are enormous. With the right volume and variety of high-quality data, Rowan hopes to build 'a model of unprecedented scale that can simulate chemistry and biology at the atomic level,' Wagen said. That's not hyperbole — it's a strategy to compress the drug discovery timeline by years and open the door to faster cures for rare diseases and more effective preclinical toxicity testing. And it doesn't stop at human health. Rowan is already working with researchers tackling carbon capture, atomic-level manufacturing and even oil spill cleanup using this technology. 'We can predict how fast materials break down, or optimize catalysts to degrade pollutants,' said Rowan Co-founder, Jonathon Vandezande, a materials scientist by training. Of course, synthetic data raises the question of reliability. Wagen was clear: 'The synthetic data we generate is more accurate than what you'd get from running a physical experiment. Real instruments have worse error bars than our quantum mechanical approximations.' And unlike earlier failures like IBM Watson Health, Rowan posts all model benchmarks publicly. 'You can see exactly where they perform well—and where they don't,' he said. So what's next? Within a year, both teams aim to release a new peer-reviewed paper demonstrating how decentralized compute generated the next generation of chemical simulation models. 'This partnership lets us take what would have been a six-figure cloud bill and decentralize it,' McCrindle noted. 'That's the promise of decentralized science.' It's also a compelling proof point for Bittensor, which now supports over 100 subnets tackling everything from international soccer match predictions to AI deepfake detection. But for McCrindle, the vision is simpler: 'Can we incentivize any kind of science? That's always been the question.' With Egret-1 and Macrocosmos' decentralized AI platform — the answer looks increasingly like a yes.
Yahoo
11-05-2025
- Business
- Yahoo
TAO Eyes 27% Upside: Will Bittensor Break Out Of Consolidation and Rally Toward the $497 High?
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. After a strong move last month, Bittensor (TAOUSD) continues to show leadership among altcoins, posting an 8.60% gain on the day and climbing back toward its local high of $388.98, printed on April 28. While the broader crypto market has had a mix of performance lately, TAO stands out with over 125% in gains from its April lows around $166. This kind of recovery isn't just a short-term pump—it reflects strength and positioning as one of the better-performing altcoins during April's alt rally. With price pushing up against key resistance, traders now look ahead to the next major move. Don't Miss: — no wallets, just price speculation and free paper trading to practice different strategies. Grow your IRA or 401(k) with Crypto – . TAO has spent the last seven days consolidating between $388 and $334, essentially forming a sideways range after a massive bounce. This type of consolidation after a strong leg up is often healthy, giving price time to catch its breath before a potential continuation. $334 marks last week's low and has held as a support level, showing relative strength—especially when compared to BTC, which is currently sitting near its own prior weekly low. TAO holding above this level may continue to attract attention from traders rotating into altcoins. If price holds above $334, the bias remains bullish short term. Breakdowns below this level may delay the upside narrative and open the door for a deeper pullback, but until then, bulls remain in control. Trending: New to crypto? on Coinbase. All eyes are on the $388 level, which served as resistance on April 28. A clean break and daily close above this area could open the gates for a much larger move. Upside targets on a breakout: If TAO clears $388 with conviction, the next major resistance sits between $465-$497. This is where a double top formed back in mid-February, making it a key target zone that could act as a magnet if momentum picks up. As always, it's not just about levels, but how price behaves around them. A strong impulse through resistance on high volume would add weight to the bullish case. In Summary TAO is showing impressive relative strength in a market that's still finding direction. With a solid bounce off April's lows and a tight consolidation near highs, the setup is worth watching. As long as $334 holds, bulls have the upper hand. A break and hold above $388 could ignite the next leg toward $465–$497. Keep your eyes on price structure, and remember — the reaction around key levels matters more than the levels themselves. Read Next: A must-have for all crypto enthusiasts: . Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — Image: Shutterstock Send To MSN: 0 This article TAO Eyes 27% Upside: Will Bittensor Break Out Of Consolidation and Rally Toward the $497 High? originally appeared on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
05-05-2025
- Business
- Yahoo
7 Best AI Cryptocurrencies To Buy in 2025
The convergence of AI and crypto has seasoned investors and novices alike excited for its potential popularity. The best AI crypto has seen crazy heights in the past few years, and some have already attained market caps exceeding $1 billion. In 2025, it continues to be one of the biggest investment trends for the crypto sector and beyond, even with AI crypto showing some major dips. For You: Read Next: Technology trends in general, specifically concentrated on technological convergence, are expanding through the idea that a variety of innovation platforms are converging to accelerate technological and economic growth. This further shows how investing in some AI crypto can boost and diversify your portfolio. If you'd like to join the AI crypto rush but you're not sure where to start, keep reading to learn about the top AI coins that are well-positioned for success in 2025. Price: $373.47 Market cap: $3.24 billion Bittensor essentially functions as a decentralized marketplace where you can buy and sell AI models, computational resources and other digital commodities. It is an open-source, blockchain-based platform where you can also create and trade machine intelligence, storage and compute power. You can use its native token, TAO, for contributing resources and engaging in network activities. Price: $4.48 Market cap: $2.32 billion Render is having a decent 2025 after climbing its way back up from a slight plunge last year. That's not terribly surprising considering that its core competency — distributed GPU rendering — is in Nvidia's wheelhouse. The Render Network is a platform that connects artists needing rendering power with GPU owners willing to share their computing resources. Its network is also built on the Ethereum blockchain, and developers use it to build high-bandwidth decentralized applications (dApps) for industries as varied as gaming, health care and finance. Learn More: Price: $0.72 Market cap: $1.71 billion Artificial Superintelligence Alliance combines artificial intelligence with blockchain technology, allowing for more efficient communication, decision making and financial transaction handling. This means it can essentially create a smart digital assistant for you to help you trade and manage your assets. Price: $0.10 Market cap: $978 million As a former $1 billion AI cryptocurrency, GRT is still too big to ignore even though it has dipped below that recently. It's the Ethereum-based native token of The Graph platform, whose indexing protocol serves as a sort of search engine for blockchain networks. Price: $0.31 Market cap: $332 million SingularityNET isn't far behind some of the biggest names in the AI crypto game. Its AGIX token enjoyed impressive gains in the past, but has struggled a little bit lately. Nevertheless, many experts are predicting a better forecast for the remainder of 2025, including a nearly 2% price increase. The network is open-sourcing the building of Artificial General Intelligence (AGI), which Singularity describes as 'decentralized human-level intelligence' — and it could be one of the industry's safer bets. Investors Observer recently issued the coin a low risk assessment. Price: $0.39 Market cap: $196 million TRAC is the native coin of OriginTrail and its decentralized knowledge graph, which 'organizes all issued assets into a smart global index allowing all assets to be made discoverable by keywords or IDs.' Users can make their assets verifiable and searchable, and the technology is expanding to industries like pharmaceutical supply chains, global trade and customs, enterprise data, sustainable brands, transportation and food safety compliance. Price: $0.08 Market cap: $43 million Forta bills itself as the 'leading decentralized security and operational monitoring network for wallets, developers, and investors.' It uses machine learning to detect web3 anomalies and threats in real time while monitoring the health of smart contracts. It's backed by some of the biggest names in the industry, including Coinbase Ventures and Digital Currency Group. The bottom line is that the tokens you just read about are among the most popular and promising on the market — but there are hundreds of other blockchain projects that support AI functionality. Before you invest, learn as much as you can about AI tokens by reading tutorials on this rapidly evolving technology — industry publications like Sensorium offer excellent primers on AI cryptocurrency. More From GOBankingRates 5 Types of Vehicles Retirees Should Stay Away From Buying How Far $750K Plus Social Security Goes in Retirement in Every US Region 4 Things You Should Do if You Want To Retire Early 12 SUVs With the Most Reliable Engines Sources CoinMarketCap, Cryptocurrency Prices, Charts And Market Capitalizations This article originally appeared on 7 Best AI Cryptocurrencies To Buy in 2025
