Grayscale Names 3 Cryptocurrencies That Could Benefit From AI Growth
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The AI boom is creating huge demand for training data and the expensive computers that power it. Grayscale has identified three cryptocurrencies targeting these growing needs. Their prices, however, tell very different stories. In an October 23 research note , Grayscale Head of Research Zach Pandl highlighted DATA Network (DATA), USD.AI (CHIP), and Pearl (PEARL). Each addresses a different part of AI infrastructure, from supplying training data to financing computer chips and earning revenue from computing power. 1. DATA Network (DATA): Selling the Data AI Needs AI models learn from images, videos, and voice recordings. DATA aims to collect this material with permission, license it to AI developers, and reward contributors. On October 12, the Sui Foundation announced a $30 million investment in the network.
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