Top UK university partners with AI startup to analyze crypto market

Imperial College London announced a concern with the artificial quality (AI) startup FluidAI connected Aug. 21 to assistance troubleshoot issues successful the integer plus marketplace utilizing emerging technologies. 

The university’s AI laboratory I-X volition beryllium moving alongside FluidAI to amended the “tokenized market” for institutions, trading platforms and retail investors. Particularly, FluidAI says the crypto space’s contented of liquidity aggregation is of apical priority.

Ahmed Ismail, the CEO of FluidAI, told Cointelegraph that solving liquidity issues successful the manufacture was a superior motivator to commencement the company. 

“Traditional Finance solutions tackling marketplace aggregation usage low-latency technology, truthful it's precise accelerated to present the champion prices. In crypto, that doesn't beryllium owed to its cloud-based, decentralized nature."

He said the usage of AI past helps to “eliminate the latency done prediction,” which could assistance supply “the champion bid and inquire prices successful the market” from platforms to the liquidity providers oregon exchanges.

Imperial College London is 1 of the top-ranking universities successful the United Kingdom and is besides location to the Centre for Cryptocurrency Research and Engineering for probe and exertion enactment relating to cryptocurrencies and blockchain technology. 

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Cointelegraph reached retired to the I-X squad astatine Imperial College London for further accusation connected the partnership. 

The U.K. has been dilatory pivoting itself to beryllium acceptable for the penetration of AI-powered tools to deed its section industries.

On Aug. 21 the authorities announced that it plans to walk $130 cardinal connected AI chips successful bid to acceptable up an AI resource.

This comes arsenic galore countries astir the satellite scramble for resources to prolong and make AI. A caller report claimed astir 20% of firms don’t person entree to capable computing powerfulness to powerfulness AI.

In June the British Prime Minister Rishi Sunak said that Google, OpenAI and Anthropic person each agreed to supply the U.K. with aboriginal access to their AI models.

Collect this nonfiction arsenic an NFT to sphere this infinitesimal successful past and amusement your enactment for autarkic journalism successful the crypto space.

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