_Wendy
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AI Coins Rebound as OpenAI’s $40B Raise Sparks Fresh Momentum
Artificial intelligence (AI)-linked cryptocurrencies climbed sharply on Tuesday after OpenAI secured a $40 billion capital injection from Japan’s Softbank, Microsoft, and other investors. With this latest round, OpenAI’s valuation now stands at $300 billion.
OpenAI’s $40B Funding Round Lifts AI Cryptos and AI Agent Assets Across the Board
AI has returned to the forefront of technological discourse as advancements continue at a steady pace. In the wake of unveiling its ChatGPT 4o image generator—described by many as a significant leap—OpenAI confirmed the closing of a $40 billion funding round.
The investment was spearheaded by Softbank, with additional participation from Microsoft, Coatue Management, Altimeter Capital, and Thrive Capital. Reports also suggest that Magnetar Capital and Founders Fund may have taken part in the raise. The latest funding round brings OpenAI’s valuation to an eye-catching $300 billion, with CNBC noting that $18 billion of the capital will be allocated to Stargate—a collaborative initiative with the Trump administration designed to enhance AI development within the United States.
The AI agent token ai16z (AI16Z) saw one of the largest rises on Tuesday following the announcement.
As news of the deal rippled across online platforms, digital assets tied to AI and autonomous agents experienced notable upward momentum. Artificial Superintelligence Alliance (FET) appreciated by more than 4%, while render (RENDER) climbed 8.8% against the U.S. dollar. AI16Z, a token linked to AI agents, advanced 13.5%, and paal ai (PAAL) increased 11.2%. The AI-themed fartcoin (FARTCOIN) improved 10.69%, while grass (GRASS) registered an 8.1% gain.
Qubic (QUBIC) added 9%, and near protocol (NEAR) ticked up by 5.5%. These movements arrived after two weeks of steep declines for many AI-related cryptocurrencies, which endured sharper drawdowns than much of the broader market. Despite today’s upswing, each of these tokens—aside from GRASS, which gained 16.1% over the past week—logged double-digit seven-day losses. The Sam Altman-supported crypto initiative World experienced a 4.5% increase in the value of its native token, worldcoin (WLD), in the wake of OpenAI’s capital raise announcement.
#binance #wendy #openai $BTC
OpenAI’s $40B Funding Round Lifts AI Cryptos and AI Agent Assets Across the Board
AI has returned to the forefront of technological discourse as advancements continue at a steady pace. In the wake of unveiling its ChatGPT 4o image generator—described by many as a significant leap—OpenAI confirmed the closing of a $40 billion funding round.
The investment was spearheaded by Softbank, with additional participation from Microsoft, Coatue Management, Altimeter Capital, and Thrive Capital. Reports also suggest that Magnetar Capital and Founders Fund may have taken part in the raise. The latest funding round brings OpenAI’s valuation to an eye-catching $300 billion, with CNBC noting that $18 billion of the capital will be allocated to Stargate—a collaborative initiative with the Trump administration designed to enhance AI development within the United States.
The AI agent token ai16z (AI16Z) saw one of the largest rises on Tuesday following the announcement.
As news of the deal rippled across online platforms, digital assets tied to AI and autonomous agents experienced notable upward momentum. Artificial Superintelligence Alliance (FET) appreciated by more than 4%, while render (RENDER) climbed 8.8% against the U.S. dollar. AI16Z, a token linked to AI agents, advanced 13.5%, and paal ai (PAAL) increased 11.2%. The AI-themed fartcoin (FARTCOIN) improved 10.69%, while grass (GRASS) registered an 8.1% gain.
Qubic (QUBIC) added 9%, and near protocol (NEAR) ticked up by 5.5%. These movements arrived after two weeks of steep declines for many AI-related cryptocurrencies, which endured sharper drawdowns than much of the broader market. Despite today’s upswing, each of these tokens—aside from GRASS, which gained 16.1% over the past week—logged double-digit seven-day losses. The Sam Altman-supported crypto initiative World experienced a 4.5% increase in the value of its native token, worldcoin (WLD), in the wake of OpenAI’s capital raise announcement.
#binance #wendy #openai $BTC
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