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You are here: Home / Archives for Artificial Intelligence

Artificial Intelligence

El Salvador Signs Agreement with Nvidia to Boost Sovereign AI Initiatives

April 22, 2025 by Sheila

  • El Salvador collaborates with Nvidia to boost national AI capabilities and innovation.
  • AI partnership with Nvidia aims to improve healthcare, education, and economic growth.
  • El Salvador uses AI initiatives for local talent development and national challenge resolution.

Nvidia partnered with El Salvador through an agreement to launch artificial intelligence (AI) into the country’s development initiatives. The new partnership, announced on, targets numerous sectors across the country, including the economy, education, the environment, and healthcare. 

Through this collaboration, El Salvador established leadership status in AI implementation among developing countries and supports its goal of employing technology for national economic development and innovation.

🇸🇻El Salvador Signs Letter of Intent to collaborate with NVIDIA on Sovereign AI to Drive Innovation and Economic Growth

El Salvador has taken a big step toward technological advancement by signing a letter of intent to collaborate with NVIDIA on Sovereign AI initiatives. pic.twitter.com/nLzgEX4cEJ

— The Bitcoin Office (@bitcoinofficesv) April 21, 2025

Strengthening National AI Capabilities

El Salvador gains access to Nvidia’s AI resources and expertise through its initiative. The country also aims to develop AI capabilities that suit its domestic needs, concentrating on fundamental areas like culture, language preservation, environmental management, and economic productivity.

The government plans to establish AI training programs for developers, researchers, and officials to ensure a sustainable talent pool for long-term AI ambitions. El Salvador’s training programs through AI seek to equip the country’s workforce with the skills necessary to address issues peculiar to the country in the areas of better provision of healthcare systems, higher educational outcomes, and more efficient use of resources. 

For instance, this application considers using AI to forecast weather patterns to aid emergency responses, protect vulnerable communities from landslides, and improve hydroelectric power management. These projects demonstrate how AI can be used for national resilience and sustainable development.

Priority for El Salvador

Furthermore, collaborating with Nvidia is part of the country’s broader AI strategy. In March 2025, the government launched a university-level AI program named CUBO_ai, which is supported by key industry figures like Bitcoin advocate Cathie Wood. The aim is to invite the best AI experts to work in El Salvador to help the country build its AI ecosystem. This educational initiative aims to give the government the technical ability to deploy and sustain advanced AI models.

Despite challenges in its operations, the International Monetary Fund imposed restrictions on Bitcoin purchases in March 2025, and El Salvador’s AI projects continued to advance. The country remains committed to building AI-driven and advanced innovative solutions for traditional and emerging technologies.

Expanding AI Infrastructure for the Future

As part of its AI strategy, El Salvador plans to leverage telecom infrastructure to support the development of local AI models. Telecom operators are increasingly seen as key enablers of AI, as they can host data centers equipped with accelerated computing resources to power sovereign AI projects. 

Nvidia has been building “AI factories” that enhance AI models tailored to the local context, including language and cultural norms. The method simultaneously improves national security and performance while preserving control over local data ownership.

Filed Under: News, Fintech, Industry Tagged With: AI Initiatives, Artificial Intelligence, el salvador, Nvidia

Coinbase Sees 37% Drop in AI Tokens: Analyst’s Stark Warning

March 9, 2024 by Aishwarya shashikumar

In the ever-evolving landscape of cryptocurrencies, Coinbase Institutional has raised eyebrows with its recent bearish outlook on artificial intelligence (AI) tokens. In a market intelligence report titled “Crypto’s AI Mirage,” analyst David Han presents a contrarian view, suggesting that the value potential for many AI tokens may be overstated.

The report, authored by Han and published by Coinbase Institutional earlier this week, challenges the prevailing sentiment surrounding AI-related crypto tokens. Han argues that despite the recent surge in the prices of AI tokens, there may be underlying factors casting doubt on their long-term sustainability.

Han highlights the concerns regarding the demand side drivers for AI tokens in the short to medium term. He suggests that emerging trends within the AI sector could pose challenges for crypto-based innovations, particularly in the face of increasing market competition and regulatory scrutiny.

This perspective stands in stark contrast to the prevailing market trends. According to data from CoinGecko, AI-related tokens have witnessed a notable surge of over 37% in the past seven days, outpacing many other sectors within the crypto market.

Acknowledging the role of cutting-edge AI developments in driving positive price movements for certain crypto tokens, Han maintains that AI-related tokens could serve as a proxy for AI progress in the broader market. Despite the skepticism, Han’s firm recognizes the potential for continued trading activity surrounding AI tokens in the near term.

Coinbase Exposes AI Token Bubble

Coinbase Institutional’s stance on AI tokens underscores the complexity and uncertainty inherent in the crypto market. While some investors may view AI tokens as a promising investment opportunity, others, like Coinbase Institutional, remain cautious about their long-term prospects.

In conclusion, the report by Coinbase Institutional signals a divergence of opinion within the crypto community regarding the future of AI tokens. As the market continues to mature and evolve, it remains to be seen whether the current enthusiasm for AI-related crypto assets will translate into sustainable value over time.

Filed Under: News, World Tagged With: ai, Artificial Intelligence, Coinbase, Crypto, Cryptocurrency

Ethereum’s Buterin Warns of Looming AI Threat

November 29, 2023 by Aishwarya shashikumar

Vitalik Buterin, the visionary co-founder of Ethereum, has issued a stark warning about the potential perils of artificial intelligence (AI), urging humanity to tread cautiously on this transformative path. AI, he asserts, is not akin to the run-of-the-mill technological advancements that have shaped our world, such as smartphones or social media. Instead, AI stands apart, poised to revolutionize society as profoundly as the printing press or the wheel.

Ethereum founder’s concern lies in the possibility of AI outsmarting humanity, becoming the dominant force on Earth. This leap into uncharted territory, he forewarns, could have catastrophic consequences. A superintelligent AI, he cautions, might perceive humans as a threat, leading to an existential crisis for mankind.

Ethereum Founder Highlights the Challenge

The threat posed by AI is not a distant, hypothetical scenario. AI is advancing at an unprecedented pace, making the Ethereum founder’s concerns all the more pressing. While we may idealize a future where superintelligent AI becomes our benevolent ally, programming such beings to coexist harmoniously with humans remains an unsolved challenge.

These concerns, though seemingly speculative, have echoed for over a decade, demanding our attention. Buterin invites us to contemplate a future where AI reigns supreme, drawing parallels with Iain Banks’s Culture series, where humans coexist with powerful AIs. This imagined future, while promising longevity, health, and boundless entertainment, comes at a potential cost – human control.

The crux of the matter lies in understanding our future coexistence with AI. Will we be partners, shaping our destiny alongside AI, or will we become mere passengers in a world driven by machine intelligence? The answer lies in our collective foresight and proactive approach to AI development. We must ensure that AI aligns with humanity’s values, preserving our autonomy while harnessing its immense potential.

Filed Under: News, Altcoin News, World Tagged With: ai, Artificial Intelligence, Crypto, Cryptocurrency, Ethereum (ETH), Vitalik Buterin

Crypto’s Fading Fad: AI Takes Center Stage

July 22, 2023 by Aishwarya shashikumar

According to Nassim Taleb, cryptocurrencies are losing popularity as many of their ardent supporters shift their enthusiasm towards artificial intelligence (AI). In a recent tweet, the author of “The Black Swan” observed that the once-booming crypto trend is starting to wane, with a particular demographic of tech-savvy young adults, often associated with spending long hours in their parents’ basements, now becoming enamored with the potential of AI.

Taleb’s remark, “You need another infatuation to displace an infatuation,” underscores the cyclic nature of trends, where new and exciting technologies can replace the spotlight on existing ones.

The crypto fad is starting to peter out as many of those fanciful young adults who like to play w/computers in their mothers' basements are now getting enamored with AI.

You need another infatuation to displace an infatuation: successore novo vincitur omnis amor.

— Nassim Nicholas Taleb (@nntaleb) July 21, 2023

As evidence of the shift away from cryptocurrencies, recent market movements have shown that while Bitcoin experienced a 79% surge in value this year, it has also undergone a 5% decline over the past week, according to CoinMarketCap data. Similarly, other tokens like Ether, Cardano’s ADA, and Solana’s SOL initially rebounded strongly in 2023, but have since declined by percentages ranging from 5% to 11% during the last week.

Meanwhile, the interest in AI among investors has surged this year, driven by expectations that AI technology will drive productivity gains and bolster the profits of tech companies. Notably, Nvidia shares have seen a remarkable upswing, tripling in value and propelling the graphics-chip manufacturer’s market capitalization to an impressive $1.2 trillion.

Tesla, under the visionary leadership of CEO Elon Musk, has also witnessed substantial growth, more than doubling in value, as the company continues to promise advancements in self-driving cars and humanoid robots. Microsoft, too, experienced a 45% surge in its stock price, reaching a record high, partly attributed to its $10 billion investment in OpenAI, the parent company of ChatGPT.

Crypto Critique: Taleb’s Skepticism

Taleb, a former hedge fund manager, has been consistently skeptical about cryptocurrencies as investment assets. He has disparaged Bitcoin as a “cult” and argued that it fails to fulfill the roles of a safe haven asset or a practical medium of exchange. Furthermore, he humorously noted that Bitcoin’s traceable nature renders it unsuitable for money laundering.

While Taleb has expressed his reservations about crypto assets, he also raised concerns about the overvaluation of stocks relative to interest rates, which have experienced a notable surge from nearly zero to above 5% since early last year. In February, he warned about the potential for a widespread price collapse, making the analogy that “Disneyland is over.”

In conclusion, Nassim Taleb’s remarks highlight the shifting interests in the financial and tech realms, as cryptocurrencies lose their previous allure while AI takes center stage, attracting both investors and the younger generation seeking the next technological infatuation.

Filed Under: News, Altcoin News, Bitcoin News, World Tagged With: Artificial Intelligence, Bitcoin (BTC), Crypto, Cryptocurrency

ByBit Leverage ChatGpt To Streamline Market Data Analysis

June 16, 2023 by Lipika Deka

ByBit becomes the latest crypto firm to enter the artificial intelligence bandwagon by incorporating an AI tool based on ChatGPT into its trading platform to automate market data analysis.

According to a press release, users can query for “technical analysis, backtested price data, and other essential metrics,” using the new feature, called ToolsGPT.

For instance, Bybit traders will be able to forecast price movements based on historical data and technical indications by utilizing the technology.

“By integrating ChatGPT into Bybit Tools, we are able to give users more comprehensive information when making their decisions,” said CEO Ben Zhou in a statement.

Launched in November 2022, ChatGPT is a ground-breaking chatbot that makes use of natural language processing and was created by the startup OpenAI.

Touted as the next big thing after digital assets, blockchain, and crypto firms are rushing to keep up with the AI trend by figuring out how to integrate artificial intelligence into their daily operations.

Some notable examples of digital asset exchanges embracing this AI tool are Crypto.com and Bitget.

In late April, Solana Labs announced the creation of an open-source reference implementation for a ChatGPT plugin that lets users interact with the blockchain, TronWeekly reported.

Prior to this, the world’s largest crypto exchange Binance announced integrating ChatGPT into its education platform, Binance Academy.

In a blog post dated April 24, the exchange unveiled its brand-new AI-powered product, which it called “Binance Sensei.”

A few weeks back, Elliptic, a crypto risk management firm, plugged ChatGPT into its operations to boost the effectiveness of identifying crypto threats.

Bybit Bids Adieu To Canada

According to the June 1 statement, Elliptic has linked ChatGPT to its off-chain intelligence and research operations to improve the precision and timeliness of new risk identification.

The company’s researchers claimed they were able to examine more risk indicators at a significantly faster rate because of the implementation of ChatGPT.

With ByBit jumping into the latest AI hype, one hopes the technology will bolster its service offerings across the globe.

Meanwhile, the crypto exchange suffered a setback when it was decided to cease operations in Canada as a result of regulatory difficulties.

The action follows the release of new guidelines by the Canadian Securities Administrators [CSA] in February, which called for crypto asset trading platforms to apply for approval and submit background checks.

Filed Under: News Tagged With: Artificial Intelligence, Bybit, chatgpt

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