According to BeInCrypto, Grayscale identified three cryptocurrencies it believes could benefit from increased demand associated with the artificial intelligence boom. The identification was made public in a research note dated October 23, where Grayscale Head of Research Zach Pandl named DATA Network (DATA), USD.AI (CHIP) and Pearl (PEARL). The company notes that the AI boom is generating substantial need for training data and the costly computing resources required to run AI models. Grayscale’s selection reflects its view that these three projects align with those emerging needs. Their respective price performances, however, indicate varied market responses.
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