2024-9-2 16:36 |
The tech giants have reported their earnings, and there’s a clear message for investors: their spending on AI infrastructure is set to increase significantly from here on out.
Why? Because the artificial intelligence sector is growing at an unprecedented rate, and companies like Amazon, Microsoft, and Meta Platforms can’t afford to fall behind.
Even a slight delay could allow their competitors to overtake them.
This trend also suggests that investments in AI are likely to keep flowing. Given the transformative potential of AI across nearly all industries, it’s plausible that more than just the so-called “Magnificent 7” will reap the benefits as artificial intelligence remains a focal point.
One crypto project that stands to gain from this trend is Bitbot. Let’s explore why.
Bitbot has already reached 3.2 million people worldwideIf you’ve been watching cryptocurrencies, particularly the meme coins this year, Bitbot must be a name that you are already familiar with.
It’s an up-and-coming blockchain project that offers multiple means for you to make money, one of which relies heavily on artificial intelligence.
Bitbot is primarily a trading bot that aims to help you become a more successful trader. To that end, it makes extensive use of AI to guide you into making smarter, more profitable investment decisions.
Simply put, its fast and secure platform transforms market data into actionable insights for decisive trading moves. Considering that Bitbot has already reached 3.2 million people worldwide, it’s a given that this crypto project and what it has to offer is sitting well with the community.
If you’d like to be a part of its community as well, you should click here to visit its website now.
AI tailwinds are not expected to end for Bitbot anytime soonAdditionally, now is the perfect time to build a position in Bitbot as it’s headed for three near-term tailwinds.
Fed is all set to announce its first interest rate cut in the coming days The US presidential candidates are in favor of cryptocurrencies Bitbot has ended its presale and is slated to join crypto exchanges soonDue to the AI touch, Bitbot attracted strong demand and raised millions during the presale – and considering that artificial intelligence is only in the early innings currently, as per Wedbush Securities’ senior analyst Dan Ives, the related tailwinds can be expected to help the native Bitbot token command a higher price tag moving forward.
If you’re interested in spending a few bucks only to secure a position in this crypto project that may benefit from continued growth in AI, click here and explore ways to invest in it now.
The post Big Tech signals continued AI investments: Is that good news for Bitbot? appeared first on Invezz
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