Rocky
Rocky|Mar 28, 2025 15:24
A16Z is fully shifting its investment towards the AI field and is significantly weakening its investment in the Web3 direction, which is understandable. After all, the VC market is very cold this cycle, and the chaotic competition among top exchanges has led to uneven distribution of interests among market makers, project parties, exchanges, and investors, making it difficult to form a joint force. Today, we saw the world's largest AI mining company CoreWeave go public with a valuation of 160 billion yuan, which also indicates the acceleration of AI layout, and more and more VC will invest in the AI field. This estimate is favorable for Web3 points, which are not computing power projects, such as @ akashnet_ @ AethirCloud @ ionet @ rendernetwork. We suggest that you make a fuss and take advantage of the popularity to manage market value! We have many similarities with the CoreWeave team, with three partners. In 2017, ETH GPU mining began to take off. I was reading founder Michael's blog and came across CoreWeave's birth diary: "In 2016, we purchased our first GPU, plugged it in, and placed it on a pool table in an office overlooking the East River in downtown Manhattan. We mined our first block on the ETH network, and as ETH shifted to POS in 2022, they began exploring AI mining." And we chose to mine KAS, and the gears of fate were completely different from then on! After reading the prospectus of this company, it can only be said that AI mining is a lucrative business worth exploring and a great opportunity! 🧐
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