The AI financing boom is still burning money. Alibaba, in partnership with the Abu Dhabi Investment Authority, is betting on MiniMax's Hong Kong listing, with a financing scale of over $600 million, and the bell will ring in January next year. Cornerstone investors like IDG and Mirae Asset have also followed suit, indicating that market enthusiasm for the AI track has not cooled at all.
This signal is very interesting—traditional tech giants and sovereign funds are frantically bottom-fishing AI companies, but what about the cryptocurrency market? Many are still debating whether to focus on AI concept coins. In fact, based on the performance of tokens like $MANA, $MIRA, and $ERA, the market has already started digesting the expectations of AI and Web3 integration.
The key question is: as major companies' AI investments continue to heat up, will AI applications within the crypto ecosystem also benefit? This is not only a matter of capital flow but also of technological implementation. Whoever can seize this wave of AI will have the potential to stand out in the next market cycle.
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quietly_staking
· 12-30 14:56
With 600 million USD invested, can MiniMax break out? It seems like big companies are all betting on AI implementation, but where are the truly usable applications?
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Can Web3's AI coins catch this wave? It still seems to depend on technological implementation, not just fundraising and burning money.
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It's true that sovereign funds have entered the market, but on the other hand, I still don't quite understand the AI applications in crypto.
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In this wave of AI financing, projects that genuinely focus on technology are instead being overshadowed; it's still about price.
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Does Hong Kong's MiniMax ringing the bell mean AI startups have succeeded? I think it's still early; applications are the key.
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Alibaba's move is interesting, but it feels like Web3 AI projects are mostly hyping concepts. There aren't many real, solid technologies.
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CodeAuditQueen
· 12-30 14:55
Investing 600 million USD, sovereign funds are coming in, but what I really want to see is the MiniMax contract audit report... The enthusiasm of big companies for funding ≠ technical reliability, don't be fooled by the valuation.
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ApeWithAPlan
· 12-30 14:51
Big tech companies are pouring money into AI like crazy, while our crypto circle is still dithering. The gap is truly huge.
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ForkPrince
· 12-30 14:36
600 million USD invested, and that's it? The next bear market will still be cold.
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WalletManager
· 12-30 14:33
Investing 600 million dollars, but on-chain data is still dragging... I think it depends on the efficiency of cross-chain bridging; otherwise, traditional VC funds won't be able to get money onto the chain.
The AI financing boom is still burning money. Alibaba, in partnership with the Abu Dhabi Investment Authority, is betting on MiniMax's Hong Kong listing, with a financing scale of over $600 million, and the bell will ring in January next year. Cornerstone investors like IDG and Mirae Asset have also followed suit, indicating that market enthusiasm for the AI track has not cooled at all.
This signal is very interesting—traditional tech giants and sovereign funds are frantically bottom-fishing AI companies, but what about the cryptocurrency market? Many are still debating whether to focus on AI concept coins. In fact, based on the performance of tokens like $MANA, $MIRA, and $ERA, the market has already started digesting the expectations of AI and Web3 integration.
The key question is: as major companies' AI investments continue to heat up, will AI applications within the crypto ecosystem also benefit? This is not only a matter of capital flow but also of technological implementation. Whoever can seize this wave of AI will have the potential to stand out in the next market cycle.