Web3 AI Daily Review (2024/7/29)

1. Market Analysis

In the past 24 hours, the Web3 AI sector rose by 2.33%, while Bitcoin increased by 2.31%.

2. Project Tracking

1. Performance of Leading Stocks

Affected by the broader market, today the top ten leading stocks in the industry saw a general rise, with TRAC having the largest increase at 19.89%.

Among them: TRAC recently collaborated with the European Gymnastics Federation to launch the AI assistant Luigi, which allows anyone to learn and stay connected with the European gymnastics community, such as finding competition information, understanding historical events in European gymnastics, and learning about the recent Paris Olympic schedule; additionally, Amber Group has deposited 600,000 WLD to Binance, with a total transfer of 4.15 million WLD.

2. Hot Stocks

Today's hot stocks are NEURALAI, Render, and AIOZ Network, with NodeAI, NEURALAI, and PaLM AI leading in gains.

Among them: NodeAI released its weekly report, which includes collaboration with the groundbreaking gaming project Moon Tropica, showcasing its 3D assets and acquiring S1 Neo Tokyo NFT, etc.

3. Smart Money Trends

In the past 24 hours, the projects with the most inflow of smart money are PAI, XRT, TENSOR, NFNT, and DGI; the projects with the most outflow are GROK, NEURAL, FET, ENQAI, and OCEAN.

The top ten projects in this issue's smart money holdings are SAGE, SHOG, KIBSHI, HashAI, ENQAI, NEURAL, AIUS, DEAI, basedAI, and QF.

3. Industry News

1. AI Industry

l Apple Delays Release of AI Features for More Stability Testing

According to Odaily Planet Daily, Apple’s AI features will be delayed until October, launching a few weeks after the release of iOS 18 and iPadOS 18. The reason for this delay is Apple's high emphasis on feature stability, leading to the decision to separate these features from the initially planned iOS 18 and iPadOS 18. It is reported that Apple plans to provide early testing of Apple Intelligence through the beta versions of iOS 18.1 and iPadOS 18.1 as early as this week. In June, Apple announced these new features and operating systems at the Worldwide Developers Conference, stating that Apple Intelligence would debut as part of iOS 18 and iPadOS 18. However, even though Apple Intelligence will launch with versions like iOS 18, it will still lack some features, such as the new Siri, which is expected to be released in the first half of next year.

l Mining Companies Accelerate Mergers and Acquisitions Post "Halving" to Expand into AI and Chip Manufacturing

BlockBeats reports that on July 29, Bitcoin's "halving" event significantly reduced mining profits, posing a severe challenge to the business models of Bitcoin mining companies. Some large-scale enterprises view this industry-wide dilemma as an opportunity to expand their business scope or engage in hostile takeovers. It is predicted that the Bitcoin mining industry will undergo a round of consolidation in the next 18 months, with some well-funded miners intending to acquire competitors to increase market share. For example, Riot Platforms, headquartered in Colorado, announced on Tuesday that it has successfully acquired Block Mining following a hostile takeover of Bitfarms last month. Meanwhile, some companies are diversifying their revenue sources through innovative methods such as AI computing and chip manufacturing. For instance, Bitdeer is currently utilizing only 36% of its total power and is actively evaluating the potential to invest the remaining power resources into AI and high-performance computing (HPC) to open up new revenue streams. The company has built numerous data centers and is assessing whether these facilities are suitable for transformation into AI or HPC data centers.

2. Web3 AI

l DeepLink Protocol Participates in "The Future of Decentralized AI" Summit at Stanford University

Odaily Planet Daily reports that DeepLink Protocol recently participated in "The Future of Decentralized AI" summit hosted by DeepBrain Chain (DBC) at Stanford University. The event was co-organized by the Bay Area Founders Club and attracted participation from industry giants and ecosystem partners, including Gumi Cryptos, Tess Ventures, Hack VC, and Y+ Ventures. At the conference, DeepLink Protocol's CMO Brando spoke, introducing DeepLink as the first key project of the DBC AI public chain, aimed at revitalizing the gaming and AI industries through cloud services. Brando also revealed that the DeepLink Protocol token DLC will be listed in a month. This summit not only deeply explored the future development trends of decentralized AI but also injected new momentum into the development of the entire industry, earning high praise from attendees.

l Netmind.Ai Announces Support for Llama3.1-405B AI Model

According to official news, the NetMind Power Inference Platform has announced compatibility and support for the Llama3.1-405B AI model launched by Meta, which is one of the largest open-source models in the industry. The Llama3.1-405B model, with its enhanced reasoning capabilities, a context window processing capacity of up to 128K tokens, and significantly improved multilingual support features, sets a new benchmark for functional performance in the AI technology field. Currently, the model is open for trial use by a wide range of users, allowing them to experience the outstanding performance brought by the DePIN platform AI model.