AI Round-up | May 7th
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Executive Summary:
The AI market cap increases by 2% to $8.5b mcap, as reported by @cookiedotfun. Top gainer include: $Com (+900%) $Moby (+30%), $Bnkr (+30%), $Yne (+20%), $Maiar (+20%), $Cookie (+10%), $Bully (+10%), & $Snai (+10%).
$Virtual Ecosystem ($880m mcap)
- @everythingempt0 encourages kindness toward Genesis founders, noting their low-valuation token distribution to virgens and need for runway funding. Instead of hostility, educate on using trading taxes for incentives, as the crypto space needs exploration and empathy.
$ai16z Ecosystem ($280m mcap)
- @shawmakesmagic argues agents are a complex GPT-class issue, not simple Yco-class, explaining why AI excels but agents lag. Invest in teams tackling hard problems with long-term focus, not shallow agent platforms.
- @elizaOS partners with Doodles to airdrop $Dood to core devs and contributors.
- @comput3ai partners with to provide affordable Nvidia GPU access and inference for open-source LLMs, enabling scalable, cost-effective AI development for developers.
$Alch No code App Dev ($150m mcap)
- @alchemistAIapp's v3.5 update introduces a parallel, multi-layered system with 8+ orchestration layers and 16+ LLMs, enabling scalable, context-aware, real-time creation with multiple agents and outputs.
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