Faster global financial news!
Sui Foundation invests $30 million in DATA Network as AI data protocol migrates to Sui
Sui Foundation is investing $30 million in DATA Network as part of a strategic partnership that will see the AI training data protocol join the Sui stack and integrate with onchain data storage platform Walrus. Under the partnership, DATA Network is set to be upgraded to run as a protocol natively on Sui, and its independent chain will be retired. Sui Foundation will become DATA Network's largest institutional holder, and the existing DATA token will move to Sui on a one-to-one basis. Walrus will become the default storage layer for applications operated by DATA Foundation, which shifted its focus to AI training data in June. The partnership aims to scale the supply chain for AI training data, with DATA Network's Trace registry having recorded over 250 million contributions since its launch.
No AI analysis yet. Tap the "AI Analysis" button above to generate one now.
Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
Previous: Musk reposted a tweet, warning that reading Grok's internal reasoning traces felt "like a person under extreme duress with a gun to their head," and that tormenting a superintelligence "might not be a good idea, it might seek revenge."
|
Next: SK Group launches 2-year AI training program, offering ₩3m ($2,200) monthly stipend
24H Trending
-
1
Solidigm, a subsidiary of South Korean company SK Hynix, may list in the U.S. with a valuation of up to $150 billion.
-
2
Goldman Sachs Strategists: Expect AI capital expenditure growth to slow in 2027, with earnings growth decelerating from 30% at that time.
-
3
Al Jazeera Analysis: Gaza War Driving Israeli Politics Rightward, Extreme Rhetoric Increasing Ahead of Elections
-
4
Goldman Sachs Strategists: U.S. Stock Market Breadth Narrowest Since Dot-Com Bubble, But Expect Market to Rise by Year-End
-
5
Foreign ownership of Samsung Electronics falls to 18-year low of 46.37%, SK Hynix holdings also drop below 50%
-
6
Goldman Sachs Strategists: The AI investment narrative is shifting from hardware to the application layer, with the market eagerly anticipating the "next AI story" such as "personal agents."
-
7
Samsung Electronics has locked in approximately 80% of its memory chip production capacity for next year through long-term agreements, with tech giants vying for the remaining 20%.
-
8
Goldman Sachs Analysis: US AI Hashrate Spot Rental Prices Are Double Long-Term Contracts, Far Exceeding Cloud Providers' Breakeven Thresholds
-
9
Morgan Stanley: Market Underestimates CATL's Resilience, Maintains "Overweight" Rating for A-shares, Target Price 500 Yuan
-
10
Morgan Stanley: US AI Infrastructure Risk Financing to Reach $33.5 Billion in 2026, Doubling from 2025, as Capital Shifts from Single Components to "AI Factory" System Integration
Markets Today
Recommended Reading
Hot Topics
Svmuu focuses on blockchain industry trends and cutting-edge cryptocurrency news, while also covering real-time market data and in-depth analysis of the Hong Kong, U.S., and foreign exchange markets. Here, you can not only access professional 24/7 news updates and accurate market data, but also utilize practical investment tools to help you capitalize on opportunities in both digital assets and traditional financial markets. Whether you are a blockchain enthusiast or an investor in Hong Kong, U.S., or foreign exchange markets, we provide efficient and timely information services to empower your investment decisions.
- User Agreement
- Privacy Policy
- Contact Us
- Business Partnerships
- Disclaimer
- Content Statement
- About Us
- Sitemap
Coming Soon!
