Web3 AI Daily Review (2024/7/31)

1. Market Analysis

In the past 24 hours, the AI US stock sector fell by 2.02%, the Web3 AI sector fell by 1.74%, and Bitcoin fell by 0.4% during the same period.

2. Project Tracking

1. Performance of Leading Stocks

Today, the top ten leading stocks in the industry experienced a general decline, with NOS continuing to drop, recording the largest decline of 11.81%.

2. Hot Stocks

Today's hot stocks are Zero1 Labs, NEAR Protocol, and Bittensor, with the leading gains from Humans.ai, Arc, and Zignaly.
Among them: Zignaly launched ZIGCard, supported by MasterCard, enabling seamless consumption in 38 million stores worldwide; Arc also made new progress, successfully training its AI model using less than 1 megawatt-hour of power.

3. Smart Money Trends
In the past 24 hours, the projects with the most inflow of smart money are wTAO, TURBO, TRAC, AACE; the projects with the most outflow of smart money are Lexi, GURU, XEROAI, KNDX, TENSOR.

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

3. Industry News

1. AI Industry

l Nvidia Falls from Grace, Losing $200 Billion in Market Value Overnight
On July 30 local time, Nvidia's stock price suffered a heavy blow, dropping 7%, leading to a reduction of $200 billion in its market value overnight. According to media reports, Nvidia's "collapse" in stock price may be related to Apple, as Apple decided to use Google's technology to train its advanced AI system, revealing that major tech companies are actively seeking alternatives to Nvidia. Since July 10, Nvidia's stock price has fallen by a cumulative 23%, and this reversal reveals a risk that was previously overlooked during the market's rise: Nvidia's stock price volatility is, at least from one key metric, about twice that of Bitcoin's volatility.
l Microsoft Calls on US Congress to Act Against Deepfake Abuse of AI Technology
Microsoft has called on the US Congress to pass comprehensive legislation to combat images and audio created using AI technology that are intended to interfere with elections or maliciously target individuals, known as deepfakes. Microsoft President Brad Smith stated, "The tech industry and nonprofits have taken proactive measures to address this issue, and clearly our legal system also needs to keep pace to effectively curb deepfake fraud." He further urged Congress members to pass relevant legislation to prevent cybercriminals from using this technology to "steal from the American public." Additionally, Microsoft is actively promoting congressional legislation to require clear labeling of AI-generated content as synthetic content and to strengthen the enforcement of federal and state laws to severely punish the creation and dissemination of deepfake content with sexual exploitation characteristics.

2. Web3 AI

l Sharpe AI Becomes the First SDK Integrator for gm.ai
According to Odaily Planet Daily, gm.ai announced on X that Sharpe AI has become its first SDK integration partner, contributing key data support to the Terminals sector. This collaboration marks a deep technological integration between the two parties, aiming to further enrich the information resources available to users, thereby promoting a comprehensive upgrade of the trading experience on Sharpe AI's SuperApp platform for a smoother and seamless user operation experience.
l Open AI Cloud Service Provider Hyperbolic Completes $7 Million Seed Round Financing Led by Polychain Capital and Lightspeed Faction
PANews reports that Hyperbolic has announced the completion of a $7 million seed round financing, aiming to become a leader in the open AI cloud service sector. This financing was led by Polychain Capital and Lightspeed Faction, with participation from Chapter One, LongHash, Bankless Ventures, and Nomad Capital. The funds raised will be used to promote the development of Hyperbolic's open AI cloud platform, specifically covering the recruitment and expansion of key engineering personnel, as well as building a comprehensive and efficient support ecosystem for developers. Hyperbolic plans to integrate global GPU computing resources and incorporate blockchain technology to provide verifiable, secure, and reliable AI services to the market, effectively alleviating the industry's pain points of high computing resource costs and uneven distribution. Additionally, the company has launched a decentralized orchestration layer, Hyper-dOS (Hyperbolic Distributed Operating System), to provide solid technical support for the entire GPU market.