Bitpanda, A Cryptocurrency Investment Platform, To Invest In AI

Asher Tame
Asher Tame Currency
2 Min Read

Bitpanda, a European platform for investing in cryptocurrencies has decided to put ten million dollars toward the formation of an artificial intelligence research and development team that will work exclusively on the project. 

Bitpanda: AI Is the Next Step for the Company

The cryptocurrency exchange Bitpanda believes that investing in AI is the “natural next step” for the company. The advancement of cutting-edge artificial intelligence (AI) and the distribution of investment based services are the primary focuses of the platform . 

By using blockchain technology fintech startups like Bitpanda have made investment options that were previously only accessible to the rich more accessible to the general public. Bitpanda’s founder Eric Demuth believes that artificial intelligence will shake up the financial services business . 

bitpanda, a cryptocurrency investment platform, to invest in ai 63

Bitpanda recently made public their plans to launch a new suite of products, which will include tools that will allow users to personalize their investment strategies and watch the market in real time . The company plans to make extensive use of AI in all of this . 

The Bond Between AI and Cryptocurrencies Is Strengthening

Open AI’s Chief Executive Officer Sam Altman has a fundraising goal of one hundred million dollars for his Worldcoin cryptocurrency enterprise . When it first launches the wallet will have support for both the World Coin and Ethereum ecosystems . The application for the mobile wallet is available in both the Apple App Store and the Google Play Store . There are already more than eighty countries that may use World Coin . 

The largest cryptocurrency exchange in the world Binance launched its new Sensei conversation bot in April using the artificial intelligence technology provided by ChatGPT . 

Share this Article
Asher Tame
By Asher Tame Editor-in-chief
Hi there! My name is Asher, and I'm a Finance Editor based in Canada. I'm passionate about all things finance and have spent years honing my skills in the industry. I graduated from the Master of Finance program at the University of Toronto, which provided me with a strong foundation in financial theory and practice. Since then, I've worked in a variety of finance-related roles, including as a financial analyst and a financial advisor. These experiences have given me a deep understanding of the industry and a keen eye for detail. As a Finance Editor, I'm responsible for overseeing the financial content produced by my team of writers. I work closely with them to ensure that our articles are accurate, insightful, and relevant to our readers. I'm committed to providing our readers with the information they need to make informed decisions about their finances.
Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *