Daily Insights: The ChatGPT Killer

Decentralized AI is becoming more user facing

๐ŸŒต The Intersection of Crypto & AI ๐ŸŒต

Daily Insights

Market Metrics

Total Crypto Market Cap: down 1.1% to $2.77T
Total AI Sector Market Cap: up 3.6% to $26.5B

Top Movers (24hrs):

๐Ÿ“ˆ VaultTech (VAULT): up 56.9% to $0.1433
๐Ÿ“ˆ Eve AI (EVEAI): up 21.9% to $0.07603
๐Ÿ“ˆ GNY (GNY): up 20.6% to $0.02713

Highlights of the Weekend

๐Ÿ’€ Akash Chat - The ChatGPT Killer?
Akash Network has announced a new interface for Akash Chat, giving it a similar vibe to ChatGPT yet powered only by decentralized Akash compute. Akash Chat has some pretty compelling features:
๐ŸŸ  Completely zero cost
๐ŸŸ  Private chat history (stored locally)
๐ŸŸ  No sign-in, no accountsโ€”completely permissionless
๐ŸŸ  Similar functionality to ChatGPT

โžก๏ธ Is this going to kill ChatGPT? We havenโ€™t tested it thoroughly enough to comment, but if youโ€™re a heavy ChatGPT/Claude/Bard user, weโ€™d love to hear what you think about Akash Chat. You can access it for free here.
Related Tickers: AKT*

๐Ÿ’จ Arbius AI Incentivizes Growth and Scalability
Arbius AI announced a 50% reduction in miner emissions to prepare for a tokenomics upgrade that will incentivize new models launching on Arbius. Arbius also plans to develop a Layer 3 network to scale the miners' transaction capabilities while also capturing transaction fees back into the DAO to be shared with the community.

Nansen

โžก๏ธ The Layer 3 narrative, originally sparked by Degen Chain, shows how excited users are for specialized scalability for specific use cases. This, coupled with the announcement of the Arbius DAO, has caused AIUS to jump ~5x in the past three days.
Related Tickers: AIUS

* = we own

In Other News

๐ŸŸ  The bitsCrunch Network, an AI-enhanced data analytics and forensics protocol, has officially launched its Mainnet.

๐ŸŸ  Parallel announced its Open Beta Season 2 where users can earn rewards and potentially earn a legendary Shroud card here.

๐ŸŸ  Virtual protocol has shifted their liquidity to Aerodrome on BASE, applicable for anyone looking to buy, sell, or provide liquidity (LP).

Must Listen

 ๐Ÿ”Š Jeff (@theemozilla) from Nous Research joins the Delphi Podcast to discuss how Nous Research creates its open-sourced models, its Bittensor subnet that allows users to submit their models to see how they rank against ChatGPT-4, and much more!

Generative AI of the Weekend

We wish all of our subscribers a Happy Easter! ๐Ÿฐ๐Ÿ’

Jobs Board

๐ŸŸ  Associate ML-Ops/DevOps Engineer @ Plai Labs ($75k - $150k)
 Apply here
๐ŸŸ  Senior AI Engineer @ Seedify ($81k - $100k)
 Apply here
๐ŸŸ  AI/ML & Blockchain Integrations @ CAT Labs ($185k - $220k)
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Exclusive Report: Top 5 AI Cryptocurrencies to Watch 2024

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Disclaimer: This newsletter is provided for educational and informational purposes only and is not intended as legal, financial, or investment advice. The content is not to be construed as a recommendation to buy or sell any assets or to make any financial decisions. The reader should always conduct their own due diligence and consult with professional advisors for legal and financial advice specific to their situation.